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Tuesday, July 29, 2025

Route 4/ Greenbriar Drive home prices fall in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Route 4/ Greenbriar Drive, a Springfield neighborhood, fell by $13,000 while total sales decreased by 6.1%, according to BlockShopper.com.

From October through December of 2017, there were 31 homes sold, with a median sale price of $160,000 - a 7.5% decrease over the $173,000 median sale price for the same period of the previous year. There were 33 homes sold in Route 4/ Greenbriar Drive in the fourth quarter of 2016.

The median sales tax in Route 4/ Greenbriar Drive for 2017 was $4,189. In 2016, the median sales tax was $4,307. This marks an decrease of 2.7%. 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/ Greenbriar Drive to other Springfield neighborhood with similar median sales prices in the fourth quarter of 2017:

NeighborhoodOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale4657-19.3%$203,500$220,000-7.5%
Leland Grove20195.3%$202,000$175,00015.4%
Woodside37355.7%$182,000$190,000-4.2%
Route 4/ Greenbriar Drive3133-6.1%$160,000$173,000-7.5%
Toronto/ University of Illinois at Springfield242020%$152,500$133,75014%
Route 4/ Wabash Avenue262030%$133,800$144,500-7.4%
Mayden Road/ Dirkson Parkway810-20%$132,750$149,000-10.9%
Route 4/ Washington Street473534.3%$122,000$143,000-14.7%
Devereux Heights1018-44.4%$117,500$104,50012.4%
Lincoln Avenue/ Fayette Avenue209122.2%$95,000$104,900-9.4%
Stanton Street/ Stevenson Drive312334.8%$85,500$93,000-8.1%

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