In November 2017, there were 18 homes sold, with a median sale price of $143,858 - a 9.2% decrease over the $158,450 median sale price for the same period of the previous year. There were six homes sold in Route 4/ Washington Street in November 2016.
The median sales tax in Route 4/ Washington Street for 2017 was $3,172. In 2016, the median sales tax was $3,165. This marks an increase of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.
The following table compares Route 4/ Washington Street to other Springfield neighborhood with similar median sales prices in November 2017:
Neighborhood | Nov. 2017 Home Sales | Nov. 2016 Home Sales | % change (Total Home Sales) | Nov. 2017 Median Sales Price | Nov. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Salisbury/ Farmingdale | 20 | 22 | -9.1% | $216,550 | $217,500 | -0.4% |
Woodside | 14 | 11 | 27.3% | $196,750 | $185,500 | 6.1% |
Route 4/ Greenbriar Drive | 10 | 9 | 11.1% | $172,500 | $208,500 | -17.3% |
Mayden Road/ Dirkson Parkway | 1 | 5 | -80% | $172,000 | $147,500 | 16.6% |
Toronto/ University of Illinois at Springfield | 9 | 6 | 50% | $153,000 | $124,250 | 23.1% |
Route 4/ Washington Street | 18 | 6 | 200% | $143,857.50 | $158,450 | -9.2% |
Route 4/ Wabash Avenue | 5 | 4 | 25% | $142,500 | $108,000 | 31.9% |
Devereux Heights | 4 | 9 | -55.6% | $116,250 | $108,000 | 7.6% |
Southern View | 1 | 0 | - | $115,000 | $0 | - |
Route 4/ Route 97 | 11 | 10 | 10% | $90,000 | $74,900 | 20.2% |
Lincoln Avenue/ Fayette Avenue | 7 | 3 | 133.3% | $85,000 | $116,500 | -27% |