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Tuesday, November 5, 2024

Route 4/ Wabash Avenue home prices rise in February 2019

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The median sale price of a home sold in February 2019 in Route 4/ Wabash Avenue, a Springfield neighborhood, rose by $15,750 while total sales increased by 66.7%, according to BlockShopper.com.

In February 2019, there were 10 homes sold, with a median sale price of $145,000 - a 12.2% increase over the $129,250 median sale price for the same period of the previous year. There were six homes sold in Route 4/ Wabash Avenue in February 2018.

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 February 2019.

The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sales prices in February 2019:

NeighborhoodFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale914-35.7%$284,000$187,45051.5%
Woodside45-20%$261,000$236,00010.6%
Route 4/ Greenbriar Drive10666.7%$190,750$174,5009.3%
Route 4/ Washington Street113266.7%$154,000$119,00029.4%
Route 4/ Wabash Avenue10666.7%$145,000$129,25012.2%
Toronto/ University of Illinois at Springfield6450%$126,750$209,500-39.5%
Devereux Heights24-50%$120,750$73,25064.8%
Lincoln Avenue/ Fayette Avenue25-60%$112,175$97,90014.6%
4th Street/ Cook Street12-50%$99,000$12,375700%
Mayden Road/ Dirkson Parkway24-50%$88,000$119,000-26.1%
Route 97/ 9th Street10-$85,770$0-

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