From January through December of 2017, there were 56 homes sold, with a median sale price of $45,950 - a 6.5% decrease over the $49,150 median sale price for the previous year. There were 42 homes sold in 4th Street/ Cook Street in 2016.
The median sales tax in 4th Street/ Cook Street for 2017 was $1,515. In 2016, the median sales tax was $1,512. This marks an increase of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.3%.
The following table compares 4th Street/ Cook Street to other Springfield neighborhood with similar median sales prices in 2017:
| Neighborhood | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| 5th Street/ Griffiths Avenue | 81 | 57 | 42.1% | $63,000 | $53,500 | 17.8% |
| College Street/ Lawrence Avenue | 56 | 62 | -9.7% | $57,600 | $52,750 | 9.2% |
| Route 97/ Walnut Street | 29 | 31 | -6.5% | $55,600 | $56,500 | -1.6% |
| Stanford Avenue/ Fox Bridge Road | 86 | 68 | 26.5% | $52,500 | $49,350 | 6.4% |
| Southern View | 38 | 27 | 40.7% | $50,772.90 | $61,000 | -16.8% |
| 4th Street/ Cook Street | 56 | 42 | 33.3% | $45,950 | $49,150 | -6.5% |
| Route 97/ 9th Street | 39 | 20 | 95% | $45,000 | $54,000 | -16.7% |
| Grandview | 44 | 50 | -12% | $43,000 | $47,500 | -9.5% |
| Route 29/ Route 97 | 68 | 52 | 30.8% | $41,750 | $47,250 | -11.6% |
| Arlington Heights | 64 | 47 | 36.2% | $41,597.50 | $39,000 | 6.7% |
| Edwards Street/ 11th Street | 10 | 10 | 0% | $29,375 | $28,492.50 | 3.1% |
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