Route 4/ Route 97 home prices fall in October 2020

Medium realestate077

The median sale price of a home sold in October 2020 in Route 4/ Route 97, a Springfield neighborhood, fell by $27,900 while total sales remained unchanged with five homes sold, according to

In October 2020, there were five homes sold, with a median sale price of $92,000 - a 23.3% decrease over the $119,900 median sale price for the same period of the previous year. There were five homes sold in Route 4/ Route 97 in October 2019, as well.

The median sales tax in Route 4/ Route 97 for the most recent year with available data, 2018, was $2,018, approximately 2.2% of the median home sale price for October 2020.

The following table compares Route 4/ Route 97 to other Springfield neighborhood with similar median sales prices in October 2020:

NeighborhoodOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
College Street/ Ash Street68-25%$114,500$115,250-0.7%
Route 4/ Greenbriar Drive73133.3%$113,000$159,000-28.9%
Mayden Road/ Dirkson Parkway25-60%$111,000$115,000-3.5%
Stanton Street/ Stevenson Drive660%$101,200$52,00094.6%
Route 54/ Sangamon Ave.10825%$92,250$91,2951%
Route 4/ Route 97550%$92,000$119,900-23.3%
College Street/ Lawrence Avenue12-50%$80,000$99,000-19.2%
Arlington Heights35-40%$78,600$40,00096.5%
Lincoln Avenue/ Fayette Avenue42100%$74,250$31,350136.8%
4th Street/ Cook Street5366.7%$73,500$70,0005%

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