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Wednesday, May 8, 2024

The third quarter of 2021: Route 4/ Greenbriar Drive experienced a 27.2% increase in median home prices

Realestate4

The median sale price of a home sold in the third quarter of 2021 in Route 4/ Greenbriar Drive, a Springfield neighborhood, rose by $53,000 while total sales increased by 23.8%, according to BlockShopper.com.

From July through September of 2021, there were 26 homes sold, with a median sale price of $248,000 - a 27.2% increase over the $195,000 median sale price for the same period of the previous year. There were 21 homes sold in Route 4/ Greenbriar Drive in the third quarter of 2020.

The median sales tax in Route 4/ Greenbriar Drive for the most recent year with available data, 2019, was $4,840, approximately 2% of the median home sale price for the third quarter of 2021.

The following table compares Route 4/ Greenbriar Drive to other Springfield neighborhood with similar median sale prices in the third quarter of 2021:

NeighborhoodJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale574332.6%$283,000$260,5008.6%
Route 4/ Greenbriar Drive262123.8%$248,000$195,00027.2%
Woodside292516%$230,000$187,90022.4%
Leland Grove131118.2%$172,000$185,000-7%
Toronto/ University of Illinois at Springfield302050%$165,000$149,50010.4%
Route 4/ Wabash Avenue251838.9%$163,200$161,2501.2%
Route 4/ Washington Street36339.1%$157,587.50$135,00016.7%
Mayden Road/ Dirkson Parkway917-47.1%$153,400$138,00011.2%
Stanton Street/ Stevenson Drive191618.8%$117,000$98,75018.5%
Lincoln Avenue/ Fayette Avenue187157.1%$115,000$122,000-5.7%
College Street/ Ash Street3712208.3%$107,900$87,70023%

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