From October through December of 2018, there were 24 homes sold, with a median sale price of $141,500 - a 5.8% increase over the $133,800 median sale price for the same period of the previous year. There were 26 homes sold in Route 4/ Wabash Avenue in the fourth quarter of 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 the fourth quarter of 2018.
The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sales prices in the fourth quarter of 2018:
Neighborhood | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Salisbury/ Farmingdale | 68 | 46 | 47.8% | $179,950 | $203,500 | -11.6% |
Woodside | 23 | 37 | -37.8% | $173,000 | $182,000 | -4.9% |
Leland Grove | 13 | 20 | -35% | $163,000 | $202,000 | -19.3% |
Route 4/ Greenbriar Drive | 20 | 31 | -35.5% | $149,500 | $160,000 | -6.6% |
Route 4/ Wabash Avenue | 24 | 26 | -7.7% | $141,500 | $133,800 | 5.8% |
Toronto/ University of Illinois at Springfield | 29 | 24 | 20.8% | $135,000 | $152,500 | -11.5% |
Route 4/ Washington Street | 33 | 47 | -29.8% | $130,000 | $122,000 | 6.6% |
Mayden Road/ Dirkson Parkway | 11 | 8 | 37.5% | $115,000 | $132,750 | -13.4% |
Glenwood Avenue/ Fayette Avenue | 23 | 15 | 53.3% | $109,000 | $58,800 | 85.4% |
Lincoln Avenue/ Fayette Avenue | 15 | 20 | -25% | $92,000 | $95,000 | -3.2% |
Stanton Street/ Stevenson Drive | 24 | 31 | -22.6% | $87,200 | $85,500 | 2% |