Route 4/ Route 97 median home prices rose by 43.7% in January 2021

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The median sale price of a home sold in January 2021 in Route 4/ Route 97, a Springfield neighborhood, rose by $29,950 while total sales decreased by 60%, according to

In January 2021, there were two homes sold, with a median sale price of $98,450 - a 43.7% increase over the $68,500 median sale price for the same period of the previous year. There were five homes sold in Route 4/ Route 97 in January 2020.

The median sales tax in Route 4/ Route 97 for the most recent year with available data, 2019, was $2,083, approximately 2.1% of the median home sale price for January 2021.

The following table compares Route 4/ Route 97 to other Springfield neighborhood with similar median sale prices in January 2021:

NeighborhoodJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Route 4/ Wabash Avenue56-16.7%$134,110$149,500-10.3%
Devereux Heights12-50%$125,000$163,500-23.5%
Mayden Road/ Dirkson Parkway21100%$111,450$82,50035.1%
Glenwood Avenue/ Fayette Avenue48-50%$111,200$68,50062.3%
Lincoln Avenue/ Fayette Avenue31200%$105,900$47,500122.9%
Route 4/ Route 9725-60%$98,450$68,50043.7%
College Street/ Ash Street6450%$94,000$56,35066.8%
Route 97/ Walnut Street110%$88,500$87,0001.7%
Route 54/ Sangamon Ave.11683.3%$78,500$67,750.5015.9%
College Street/ Lawrence Avenue23-33.3%$76,500$72,0996.1%

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