From July through December of 2021, there were 55 homes sold, with a median sale price of $175,000 - a 6.1% increase over the $165,000 median sale price for the same period of the previous year. There were 37 homes sold in Route 4/ Wabash Avenue in the second half of 2020.
The median sales tax in Route 4/ Wabash Avenue for the most recent year with available data, 2019, was $3,626, approximately 2.1% of the median home sale price for the second half of 2021.
The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sale prices in the second half of 2021:
| Neighborhood | July - Dec. 2021 Home Sales | July - Dec. 2020 Home Sales | % change (Total Home Sales) | July - Dec. 2021 Median Sales Price | July - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Salisbury/ Farmingdale | 108 | 91 | 18.7% | $261,200 | $255,000 | 2.4% |
| Woodside | 53 | 41 | 29.3% | $237,000 | $190,000 | 24.7% |
| Route 4/ Greenbriar Drive | 52 | 44 | 18.2% | $215,000 | $182,610 | 17.7% |
| Leland Grove | 25 | 27 | -7.4% | $195,000 | $185,000 | 5.4% |
| Route 4/ Wabash Avenue | 55 | 37 | 48.6% | $175,000 | $165,000 | 6.1% |
| Toronto/ University of Illinois at Springfield | 57 | 37 | 54.1% | $163,500 | $154,000 | 6.2% |
| Route 4/ Washington Street | 79 | 60 | 31.7% | $155,175 | $134,450 | 15.4% |
| Mayden Road/ Dirkson Parkway | 21 | 28 | -25% | $155,000 | $136,500 | 13.6% |
| Lincoln Avenue/ Fayette Avenue | 35 | 23 | 52.2% | $112,500 | $100,600 | 11.8% |
| Stanton Street/ Stevenson Drive | 36 | 39 | -7.7% | $110,250 | $102,000 | 8.1% |
| Glenwood Avenue/ Fayette Avenue | 47 | 29 | 62.1% | $100,000 | $124,900 | -19.9% |
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