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Saturday, August 2, 2025

Home prices decreased in Route 4/ Route 97 during July 2021

Webp realestate4

The median sale price of a home sold in July 2021 in Route 4/ Route 97, a Springfield neighborhood, fell by $39,000 while total sales increased by 166.7%, according to BlockShopper.com.

In July 2021, there were eight homes sold, with a median sale price of $119,000 - a 24.7% decrease over the $158,000 median sale price for the same period of the previous year. There were three homes sold in Route 4/ Route 97 in July 2020.

The median sales tax in Route 4/ Route 97 for the most recent year with available data, 2019, was $2,083, approximately 1.8% of the median home sale price for July 2021.

The following table compares Route 4/ Route 97 to other Springfield neighborhood with similar median sale prices in July 2021:

NeighborhoodJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Mayden Road/ Dirkson Parkway34-25%$153,400$190,950-19.7%
Route 4/ Washington Street1012-16.7%$150,537.50$122,00023.4%
Stanton Street/ Stevenson Drive5425%$129,000$123,2504.7%
Jerome60-$120,000$0-
College Street/ Ash Street153400%$120,000$94,90026.4%
Route 4/ Route 9783166.7%$119,000$158,000-24.7%
Lincoln Avenue/ Fayette Avenue91800%$115,000$127,500-9.8%
Route 54/ Sangamon Ave.770%$115,000$76,00051.3%
Glenwood Avenue/ Fayette Avenue94125%$103,000$122,450-15.9%
College Street/ Lawrence Avenue4333.3%$100,500$37,500168%
Route 29/ Route 9723-33.3%$96,500$31,000211.3%

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