From July through December of 2018, there were 51 homes sold, with a median sale price of $137,000 - a 3.9% decrease over the $142,500 median sale price for the same period of the previous year. There were 55 homes sold in Route 4/ Wabash Avenue in the second half of 2017.
The median sales tax in Route 4/ Wabash Avenue for the most recent year with available data, 2017, was $3,448, approximately 2.5% of the median home sale price for the second half of 2018.
The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sales prices in the second half of 2018:
Neighborhood | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Salisbury/ Farmingdale | 142 | 112 | 26.8% | $190,000 | $222,750 | -14.7% |
Woodside | 47 | 68 | -30.9% | $180,000 | $188,750 | -4.6% |
Leland Grove | 31 | 39 | -20.5% | $169,900 | $203,000 | -16.3% |
Route 4/ Greenbriar Drive | 57 | 76 | -25% | $162,200 | $177,250 | -8.5% |
Route 4/ Wabash Avenue | 51 | 55 | -7.3% | $137,000 | $142,500 | -3.9% |
Toronto/ University of Illinois at Springfield | 55 | 57 | -3.5% | $135,000 | $147,500 | -8.5% |
Route 4/ Washington Street | 83 | 87 | -4.6% | $133,000 | $130,000 | 2.3% |
Mayden Road/ Dirkson Parkway | 18 | 31 | -41.9% | $123,500 | $131,500 | -6.1% |
Glenwood Avenue/ Fayette Avenue | 45 | 37 | 21.6% | $107,100 | $98,500 | 8.7% |
Devereux Heights | 23 | 18 | 27.8% | $99,500 | $110,000 | -9.5% |
Lincoln Avenue/ Fayette Avenue | 39 | 38 | 2.6% | $91,000 | $98,575 | -7.7% |