In August 2021, there were seven homes sold, with a median sale price of $169,900 - a 38.1% increase over the $123,000 median sale price for the same period of the previous year. There were three homes sold in Route 4/ Wabash Avenue in August 2020.
The median sales tax in Route 4/ Wabash Avenue for the most recent year with available data, 2019, was $3,626, approximately 2.1% of the median home sale price for August 2021.
The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sale prices in August 2021:
| Neighborhood | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 4/ Greenbriar Drive | 8 | 7 | 14.3% | $238,000 | $256,700 | -7.3% |
| Woodside | 8 | 11 | -27.3% | $232,000 | $169,000 | 37.3% |
| Salisbury/ Farmingdale | 20 | 12 | 66.7% | $203,200 | $260,750 | -22.1% |
| Route 4/ Washington Street | 20 | 12 | 66.7% | $176,500 | $124,200 | 42.1% |
| Leland Grove | 3 | 2 | 50% | $172,000 | $184,000 | -6.5% |
| Route 4/ Wabash Avenue | 7 | 3 | 133.3% | $169,900 | $123,000 | 38.1% |
| Mayden Road/ Dirkson Parkway | 6 | 6 | 0% | $152,500 | $155,000 | -1.6% |
| Toronto/ University of Illinois at Springfield | 8 | 8 | 0% | $148,650 | $163,450 | -9.1% |
| Route 4/ Route 97 | 8 | 4 | 100% | $133,250 | $163,000 | -18.3% |
| Lincoln Avenue/ Fayette Avenue | 4 | 3 | 33.3% | $129,950 | $122,000 | 6.5% |
| Route 97/ 9th Street | 5 | 0 | - | $110,000 | $0 | - |
Alerts Sign-up