Route 4/ Washington Street home prices rise in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Route 4/ Washington Street, a Springfield neighborhood, rose by $7,000 while total sales decreased by 51.1%, according to

From January through June of 2020, there were 43 homes sold, with a median sale price of $135,000 - a 5.5% increase over the $128,000 median sale price for the same period of the previous year. There were 88 homes sold in Route 4/ Washington Street in the first half of 2019.

The median sales tax in Route 4/ Washington Street for the most recent year with available data, 2018, was $3,326, approximately 2.5% of the median home sale price for the first half of 2020.

The following table compares Route 4/ Washington Street to other Springfield neighborhood with similar median sales prices in the first half of 2020:

NeighborhoodJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Leland Grove2229-24.1%$178,000$173,0002.9%
Route 4/ Greenbriar Drive3582-57.3%$168,000$172,500-2.6%
Toronto/ University of Illinois at Springfield3555-36.4%$147,000$144,0002.1%
Route 4/ Wabash Avenue4958-15.5%$146,000$152,750-4.4%
Route 4/ Washington Street4388-51.1%$135,000$128,0005.5%
Mayden Road/ Dirkson Parkway1626-38.5%$134,000$127,7504.9%
College Street/ Ash Street3963-38.1%$95,000$85,00011.8%
Route 54/ Sangamon Ave.4594-52.1%$88,500$73,25020.8%
Devereux Heights911-18.2%$88,000$81,5008%
Lincoln Avenue/ Fayette Avenue1327-51.9%$87,500$108,000-19%

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