From October through December of 2021, there were 30 homes sold, with a median sale price of $182,950 - a 10.9% increase over the $165,000 median sale price for the same period of the previous year. There were 19 homes sold in Route 4/ Wabash Avenue in the fourth quarter of 2020.
The median sales tax in Route 4/ Wabash Avenue for the most recent year with available data, 2019, was $3,626, approximately 2% of the median home sale price for the fourth quarter of 2021.
The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sale prices in the fourth quarter of 2021:
Neighborhood | Oct. - Dec. 2021 Home Sales | Oct. - Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2021 Median Sales Price | Oct. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Salisbury/ Farmingdale | 51 | 48 | 6.3% | $255,000 | $201,500 | 26.6% |
Woodside | 24 | 16 | 50% | $254,750 | $192,450 | 32.4% |
Leland Grove | 12 | 16 | -25% | $246,500 | $190,350 | 29.5% |
Route 4/ Greenbriar Drive | 26 | 23 | 13% | $205,000 | $167,000 | 22.8% |
Route 4/ Wabash Avenue | 30 | 19 | 57.9% | $182,950 | $165,000 | 10.9% |
Mayden Road/ Dirkson Parkway | 12 | 11 | 9.1% | $161,000 | $124,000 | 29.8% |
Toronto/ University of Illinois at Springfield | 27 | 17 | 58.8% | $155,000 | $155,000 | 0% |
Route 4/ Washington Street | 43 | 27 | 59.3% | $155,000 | $134,000 | 15.7% |
Route 97/ Walnut Street | 6 | 2 | 200% | $116,450 | $34,000 | 242.5% |
Lincoln Avenue/ Fayette Avenue | 17 | 16 | 6.3% | $110,000 | $85,000 | 29.4% |
Stanton Street/ Stevenson Drive | 17 | 23 | -26.1% | $102,250 | $105,000 | -2.6% |