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Sunday, November 24, 2024

Route 4/ Wabash Avenue home prices rise in November 2017

Realestate4

The median sale price of a home sold in November 2017 in Route 4/ Wabash Avenue, a Springfield neighborhood, rose by $34,500 while total sales increased by 25%, according to BlockShopper.com.

In November 2017, there were five homes sold, with a median sale price of $142,500 - a 31.9% increase over the $108,000 median sale price for the same period of the previous year. There were four homes sold in Route 4/ Wabash Avenue in November 2016.

The median sales tax in Route 4/ Wabash Avenue for 2017 was $3,448. In 2016, the median sales tax was $3,396. This marks an increase of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sales prices in November 2017:

NeighborhoodNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Woodside141127.3%$196,750$185,5006.1%
Route 4/ Greenbriar Drive10911.1%$172,500$208,500-17.3%
Mayden Road/ Dirkson Parkway15-80%$172,000$147,50016.6%
Toronto/ University of Illinois at Springfield9650%$153,000$124,25023.1%
Route 4/ Washington Street186200%$143,857.50$158,450-9.2%
Route 4/ Wabash Avenue5425%$142,500$108,00031.9%
Devereux Heights49-55.6%$116,250$108,0007.6%
Southern View10-$115,000$0-
Route 4/ Route 97111010%$90,000$74,90020.2%
Lincoln Avenue/ Fayette Avenue73133.3%$85,000$116,500-27%
College Street/ Ash Street103233.3%$80,500$76,0005.9%

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