From January through December of 2017, there were 110 homes sold, with a median sale price of $145,128 - a 2.2% increase over the $142,000 median sale price for the previous year. There were 103 homes sold in Route 4/ Wabash Avenue in 2016.
The median sales tax in Route 4/ Wabash Avenue for 2017 was $3,448. In 2016, the median sales tax was $3,396. This marks an increase of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.
The following table compares Route 4/ Wabash Avenue 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) |
|---|---|---|---|---|---|---|
| Salisbury/ Farmingdale | 243 | 230 | 5.7% | $215,900 | $222,951 | -3.2% |
| Woodside | 116 | 133 | -12.8% | $195,438.06 | $189,000 | 3.4% |
| Leland Grove | 69 | 58 | 19% | $176,000 | $149,450 | 17.8% |
| Route 4/ Greenbriar Drive | 147 | 153 | -3.9% | $168,000 | $188,000 | -10.6% |
| Toronto/ University of Illinois at Springfield | 107 | 106 | 0.9% | $145,500 | $132,250 | 10% |
| Route 4/ Wabash Avenue | 110 | 103 | 6.8% | $145,127.50 | $142,000 | 2.2% |
| Route 4/ Washington Street | 178 | 186 | -4.3% | $135,000 | $130,500 | 3.4% |
| Mayden Road/ Dirkson Parkway | 57 | 31 | 83.9% | $123,000 | $128,000 | -3.9% |
| Devereux Heights | 30 | 45 | -33.3% | $105,305.26 | $104,000 | 1.3% |
| Lincoln Avenue/ Fayette Avenue | 81 | 56 | 44.6% | $95,000 | $101,000 | -5.9% |
| Glenwood Avenue/ Fayette Avenue | 77 | 74 | 4.1% | $94,000 | $104,500 | -10% |
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