Quantcast

Sangamon Sun

Monday, July 14, 2025

What happened to the median home price in Route 97/ Walnut Street during the fourth quarter of 2021?

Webp re 10

The median sale price of a home sold in the fourth quarter of 2021 in Route 97/ Walnut Street, a Springfield neighborhood, rose by $82,450 while total sales increased by 200%, according to BlockShopper.com.

From October through December of 2021, there were six homes sold, with a median sale price of $116,450 - a 242.5% increase over the $34,000 median sale price for the same period of the previous year. There were two homes sold in Route 97/ Walnut Street in the fourth quarter of 2020.

The median sales tax in Route 97/ Walnut Street for the most recent year with available data, 2019, was $1,696, approximately 1.5% of the median home sale price for the fourth quarter of 2021.

The following table compares Route 97/ Walnut Street to other Springfield neighborhood with similar median sale prices in the fourth quarter of 2021:

NeighborhoodOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Route 4/ Greenbriar Drive262313%$205,000$167,00022.8%
Route 4/ Wabash Avenue301957.9%$182,950$165,00010.9%
Mayden Road/ Dirkson Parkway12119.1%$161,000$124,00029.8%
Toronto/ University of Illinois at Springfield271758.8%$155,000$155,0000%
Route 4/ Washington Street432759.3%$155,000$134,00015.7%
Route 97/ Walnut Street62200%$116,450$34,000242.5%
Lincoln Avenue/ Fayette Avenue17166.3%$110,000$85,00029.4%
Stanton Street/ Stevenson Drive1723-26.1%$102,250$105,000-2.6%
Glenwood Avenue/ Fayette Avenue261662.5%$98,500$139,750-29.5%
Route 4/ Route 971719-10.5%$95,000$105,000-9.5%
College Street/ Lawrence Avenue12933.3%$87,712$77,00013.9%

MORE NEWS