From July through September of 2021, there were 21 homes sold, with a median sale price of $95,000 - a 25.2% decrease over the $127,000 median sale price for the same period of the previous year. There were 15 homes sold in Route 4/ Route 97 in the third quarter of 2020.
The median sales tax in Route 4/ Route 97 for the most recent year with available data, 2019, was $2,083, approximately 2.2% of the median home sale price for the third quarter of 2021.
The following table compares Route 4/ Route 97 to other Springfield neighborhood with similar median sale prices in the third quarter of 2021:
Neighborhood | July - Sept. 2021 Home Sales | July - Sept. 2020 Home Sales | % change (Total Home Sales) | July - Sept. 2021 Median Sales Price | July - Sept. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lincoln Avenue/ Fayette Avenue | 18 | 7 | 157.1% | $115,000 | $122,000 | -5.7% |
College Street/ Ash Street | 37 | 12 | 208.3% | $107,900 | $87,700 | 23% |
Route 54/ Sangamon Ave. | 34 | 23 | 47.8% | $104,400 | $76,000 | 37.4% |
Glenwood Avenue/ Fayette Avenue | 21 | 13 | 61.5% | $103,000 | $119,900 | -14.1% |
Jerome | 27 | 7 | 285.7% | $101,012 | $69,000 | 46.4% |
Route 4/ Route 97 | 21 | 15 | 40% | $95,000 | $127,000 | -25.2% |
Devereux Heights | 5 | 4 | 25% | $90,000 | $97,000 | -7.2% |
5th Street/ Griffiths Avenue | 15 | 10 | 50% | $80,000 | $84,500 | -5.3% |
College Street/ Lawrence Avenue | 9 | 13 | -30.8% | $79,900 | $40,000 | 99.8% |
Route 97/ Walnut Street | 6 | 4 | 50% | $73,700 | $94,000 | -21.6% |
Southern View | 13 | 8 | 62.5% | $66,500 | $51,000 | 30.4% |