Route 4/ Wabash Avenue home prices fall in September 2020

Medium realestate4

The median sale price of a home sold in September 2020 in Route 4/ Wabash Avenue, a Springfield neighborhood, fell by $5,600 while total sales increased by 200%, according to BlockShopper.com.

In September 2020, there were nine homes sold, with a median sale price of $169,400 - a 3.2% decrease over the $175,000 median sale price for the same period of the previous year. There were three homes sold in Route 4/ Wabash Avenue in September 2019.

The median sales tax in Route 4/ Wabash Avenue for the most recent year with available data, 2018, was $3,525, approximately 2.1% of the median home sale price for September 2020.

The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sales prices in September 2020:

NeighborhoodSept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale15147.1%$270,000$189,95042.1%
Woodside78-12.5%$215,000$204,4505.2%
Leland Grove30-$210,000$0-
Route 4/ Greenbriar Drive1011-9.1%$181,450$150,00021%
Route 4/ Wabash Avenue93200%$169,400$175,000-3.2%
Route 4/ Washington Street910-10%$153,500$151,9501%
Toronto/ University of Illinois at Springfield811-27.3%$129,250$131,000-1.3%
Glenwood Avenue/ Fayette Avenue5425%$128,500$103,95023.6%
Route 4/ Route 9784100%$119,500$37,900215.3%
Mayden Road/ Dirkson Parkway7475%$119,000$137,400-13.4%
Lincoln Avenue/ Fayette Avenue35-40%$118,000$113,9003.6%

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