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Tuesday, April 23, 2024

4th Street/ Cook Street home prices fall in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in 4th Street/ Cook Street, a Springfield neighborhood, fell by $2,000 while total sales decreased by 29.4%, according to BlockShopper.com.

From July through December of 2018, there were 24 homes sold, with a median sale price of $41,000 - a 4.7% decrease over the $43,000 median sale price for the same period of the previous year. There were 34 homes sold in 4th Street/ Cook Street in the second half of 2017.

The median sales tax in 4th Street/ Cook Street for the most recent year with available data, 2017, was $1,515, approximately 3.7% of the median home sale price for the second half of 2018.

The following table compares 4th Street/ Cook Street to other Springfield neighborhood with similar median sales prices in the second half of 2018:

NeighborhoodJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Arlington Heights2131-32.3%$53,400$50,0006.8%
Southern View1315-13.3%$53,250$55,000-3.2%
Route 29/ Route 97392934.5%$52,000$47,00010.6%
Grandview3115106.7%$46,000$40,00015%
Stanford Avenue/ Fox Bridge Road4143-4.7%$42,400$62,500-32.2%
4th Street/ Cook Street2434-29.4%$41,000$43,000-4.7%
Edwards Street/ 11th Street24-50%$34,009.50$24,794.5037.2%
Route 97/ 9th Street241650%$34,000$51,250-33.7%
Cook Street/ Wheeler Avenue1214-14.3%$32,375$16,000102.3%
Ash Street/ Wirt Avenue2236-38.9%$32,000$27,70015.5%
16th Street/ Ash Street3032-6.3%$21,500$20,3005.9%

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