2021: Home prices in Stanford Avenue/ Fox Bridge Road increased

2021: Home prices in Stanford Avenue/ Fox Bridge Road increased
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The median sale price of a home sold in 2021 in Stanford Avenue/ Fox Bridge Road, a Springfield neighborhood, rose by $10,500 while total sales increased by 34%, according to BlockShopper.com.

From January through December of 2021, there were 63 homes sold, with a median sale price of $53,500 – a 24.4% increase over the $43,000 median sale price for the previous year. There were 47 homes sold in Stanford Avenue/ Fox Bridge Road in 2020.

The median sales tax in Stanford Avenue/ Fox Bridge Road for the most recent year with available data, 2019, was $1,360, approximately 2.5% of the median home sale price for 2021.

The following table compares Stanford Avenue/ Fox Bridge Road to other Springfield neighborhood with similar median sale prices in 2021:

Neighborhood Jan. – Dec. 2021 Home Sales Jan. – Dec. 2020 Home Sales % change (Total Home Sales) Jan. – Dec. 2021 Median Sales Price Jan. – Dec. 2020 Median Sales Price % change (Median Sales Price)
4th Street/ Cook Street 48 40 20% $75,500 $55,750 35.4%
5th Street/ Griffiths Avenue 70 52 34.6% $72,000 $67,525 6.6%
College Street/ Lawrence Avenue 41 43 -4.7% $71,900 $60,000 19.8%
Grandview 38 33 15.2% $71,800 $38,000 88.9%
Southern View 29 33 -12.1% $55,000 $42,000 31%
Stanford Avenue/ Fox Bridge Road 63 47 34% $53,500 $43,000 24.4%
Arlington Heights 58 28 107.1% $52,500 $30,250 73.6%
Route 97/ 9th Street 24 15 60% $49,950 $27,800 79.7%
Route 29/ Route 97 47 33 42.4% $45,000 $44,100 2%
Edwards Street/ 11th Street 10 4 150% $42,000 $20,000 110%
Ash Street/ Wirt Avenue 31 31 0% $31,500 $16,000 96.9%


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