4th Street/ Cook Street home prices fall in July 2020

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The median sale price of a home sold in July 2020 in 4th Street/ Cook Street, a Springfield neighborhood, fell by $8,500 while total sales decreased by 42.9%, according to BlockShopper.com.

In July 2020, there were four homes sold, with a median sale price of $48,000 - a 15% decrease over the $56,500 median sale price for the same period of the previous year. There were seven homes sold in 4th Street/ Cook Street in July 2019.

The median sales tax in 4th Street/ Cook Street for the most recent year with available data, 2018, was $1,553, approximately 3.2% of the median home sale price for July 2020.

The following table compares 4th Street/ Cook Street to other Springfield neighborhood with similar median sales prices in July 2020:

NeighborhoodJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Route 4/ Washington Street12120%$122,000$115,5005.6%
College Street/ Ash Street311-72.7%$94,900$106,700-11.1%
5th Street/ Griffiths Avenue6520%$84,500$87,000-2.9%
Route 54/ Sangamon Ave.721-66.7%$76,000$79,500-4.4%
Southern View34-25%$60,000$55,0009.1%
4th Street/ Cook Street47-42.9%$48,000$56,500-15%
Grandview24-50%$46,500$66,250-29.8%
College Street/ Lawrence Avenue34-25%$37,500$80,000-53.1%
Stanford Avenue/ Fox Bridge Road84100%$34,925$33,3504.7%
Route 29/ Route 9734-25%$31,000$78,250-60.4%
16th Street/ Ash Street51400%$26,000$18,00044.4%

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