Route 4/ Washington Street home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Route 4/ Washington Street, a Springfield neighborhood, fell by $3,475 while total sales decreased by 50%, according to

In October 2020, there were six homes sold, with a median sale price of $132,000 - a 2.6% decrease over the $135,475 median sale price for the same period of the previous year. There were 12 homes sold in Route 4/ Washington Street in October 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 October 2020.

The following table compares Route 4/ Washington Street 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)
Route 4/ Wabash Avenue815-46.7%$186,500$145,00028.6%
Leland Grove6450%$157,500$187,450-16%
Glenwood Avenue/ Fayette Avenue812-33.3%$155,875$83,75086.1%
Toronto/ University of Illinois at Springfield5425%$155,000$144,5007.3%
Route 4/ Washington Street612-50%$132,000$135,475-2.6%
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%

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