From July through December of 2018, there were 56 homes sold, with a median sale price of $76,250 - a 14.3% decrease over the $89,000 median sale price for the same period of the previous year. There were 55 homes sold in Route 4/ Route 97 in the second half of 2017.
The median sales tax in Route 4/ Route 97 for the most recent year with available data, 2017, was $1,853, approximately 2.4% of the median home sale price for the second half of 2018.
The following table compares Route 4/ Route 97 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) |
|---|---|---|---|---|---|---|
| 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% |
| Stanton Street/ Stevenson Drive | 55 | 66 | -16.7% | $87,000 | $87,443.50 | -0.5% |
| College Street/ Ash Street | 69 | 72 | -4.2% | $85,500 | $85,950 | -0.5% |
| Jerome | 48 | 52 | -7.7% | $82,000 | $69,646.92 | 17.7% |
| Route 4/ Route 97 | 56 | 55 | 1.8% | $76,250 | $89,000 | -14.3% |
| Route 54/ Sangamon Ave. | 97 | 103 | -5.8% | $76,000 | $73,500 | 3.4% |
| 5th Street/ Griffiths Avenue | 30 | 35 | -14.3% | $70,000 | $60,000 | 16.7% |
| College Street/ Lawrence Avenue | 35 | 30 | 16.7% | $65,000 | $59,750 | 8.8% |
| Route 97/ Walnut Street | 17 | 10 | 70% | $60,500 | $52,800 | 14.6% |
| Arlington Heights | 21 | 31 | -32.3% | $53,400 | $50,000 | 6.8% |
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