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Sunday, November 24, 2024

Route 4/ Wabash Avenue home prices fall in November 2018

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The median sale price of a home sold in November 2018 in Route 4/ Wabash Avenue, a Springfield neighborhood, fell by $1,500 while total sales decreased by 20%, according to BlockShopper.com.

In November 2018, there were four homes sold, with a median sale price of $141,000 - a 1.1% decrease over the $142,500 median sale price for the same period of the previous year. There were five homes sold in Route 4/ Wabash Avenue in November 2017.

The median sales tax in Route 4/ Wabash Avenue for the most recent year with available data, 2017, was $3,448, approximately 2.4% of the median home sale price for November 2018.

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

NeighborhoodNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale232015%$173,000$216,550-20.1%
Woodside614-57.1%$159,950$196,750-18.7%
Route 4/ Greenbriar Drive810-20%$154,950$172,500-10.2%
Route 4/ Wabash Avenue45-20%$141,000$142,500-1.1%
Route 4/ Washington Street1318-27.8%$135,000$143,857.50-6.2%
Leland Grove48-50%$131,500$342,000-61.5%
Devereux Heights14-75%$128,000$116,25010.1%
Toronto/ University of Illinois at Springfield10911.1%$123,000$153,000-19.6%
Glenwood Avenue/ Fayette Avenue78-12.5%$116,022.47$54,125114.4%
Route 4/ Route 97511-54.5%$110,500$90,00022.8%
Stanton Street/ Stevenson Drive8633.3%$98,750$62,40058.3%

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