In December 2017, there were 11 homes sold, with a median sale price of $132,600 - a 9.5% decrease over the $146,450 median sale price for the same period of the previous year. There were 10 homes sold in Route 4/ Wabash Avenue in December 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 2.6%.
The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sales prices in December 2017:
| Neighborhood | Dec. 2017 Home Sales | Dec. 2016 Home Sales | % change (Total Home Sales) | Dec. 2017 Median Sales Price | Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Leland Grove | 7 | 2 | 250% | $232,000 | $188,750 | 22.9% |
| Salisbury/ Farmingdale | 13 | 18 | -27.8% | $198,412 | $216,200 | -8.2% |
| Woodside | 13 | 10 | 30% | $182,000 | $194,000 | -6.2% |
| Route 4/ Greenbriar Drive | 11 | 7 | 57.1% | $164,500 | $166,000 | -0.9% |
| Toronto/ University of Illinois at Springfield | 4 | 7 | -42.9% | $153,500 | $153,000 | 0.3% |
| Route 4/ Wabash Avenue | 11 | 10 | 10% | $132,600 | $146,450 | -9.5% |
| Mayden Road/ Dirkson Parkway | 2 | 3 | -33.3% | $123,500 | $155,000 | -20.3% |
| Route 4/ Washington Street | 15 | 14 | 7.1% | $122,000 | $134,500 | -9.3% |
| Devereux Heights | 1 | 5 | -80% | $116,000 | $166,500 | -30.3% |
| Glenwood Avenue/ Fayette Avenue | 3 | 9 | -66.7% | $105,000 | $129,900 | -19.2% |
| Lincoln Avenue/ Fayette Avenue | 9 | 3 | 200% | $95,000 | $101,000 | -5.9% |
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