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Sunday, November 24, 2024

Route 4/ Wabash Avenue home prices fall in January 2018

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The median sale price of a home sold in January 2018 in Route 4/ Wabash Avenue, a Springfield neighborhood, fell by $29,000 while total sales decreased by 69.2%, according to BlockShopper.com.

In January 2018, there were four homes sold, with a median sale price of $132,000 - a 18% decrease over the $161,000 median sale price for the same period of the previous year. There were 13 homes sold in Route 4/ Wabash Avenue in January 2017.

The median sales tax in Route 4/ Wabash Avenue for the most recent year with available data, 2017, was $3,448, approximately 2.6% of the median home sale price for January 2018.

The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sales prices in January 2018:

NeighborhoodJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Leland Grove6450%$176,250$140,87525.1%
Salisbury/ Farmingdale1012-16.7%$171,650$204,252-16%
Route 4/ Greenbriar Drive7540%$144,000$169,900-15.2%
Toronto/ University of Illinois at Springfield47-42.9%$143,250$158,000-9.3%
Mayden Road/ Dirkson Parkway60-$136,250$0-
Route 4/ Wabash Avenue413-69.2%$132,000$161,000-18%
Edwards Street/ 11th Street10-$124,900$0-
Glenwood Avenue/ Fayette Avenue56-16.7%$116,022.47$80,50044.1%
Devereux Heights3250%$105,610.51$135,000-21.8%
Stanton Street/ Stevenson Drive410-60%$102,139.50$107,884.63-5.3%
Route 54/ Sangamon Ave.12850%$90,750$85,7725.8%

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