From January through March of 2017, there were 15 homes sold, with a median sale price of $35,000 - a 39.1% decrease over the $57,500 median sale price for the same period of the previous year. There were 17 homes sold in Stanford Avenue/ Fox Bridge Road in the first quarter of 2016.
The median sales tax in Stanford Avenue/ Fox Bridge Road for 2017 was $1,300.68. In 2016, the median sales tax was $1,278.60. This marks an increase of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.
The following table compares Stanford Avenue/ Fox Bridge Road to other Springfield neighborhood with similar median sales prices in the first quarter of 2017:
| Neighborhood | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Edwards Street/ 11th Street | 4 | 4 | 0% | $42,000 | $24,767.50 | 69.6% |
| Southern View | 9 | 7 | 28.6% | $40,000 | $54,500 | -26.6% |
| Arlington Heights | 15 | 8 | 87.5% | $37,000 | $26,526.50 | 39.5% |
| Route 29/ Route 97 | 18 | 11 | 63.6% | $35,750 | $35,500 | 0.7% |
| Grandview | 9 | 10 | -10% | $35,500 | $38,500 | -7.8% |
| Stanford Avenue/ Fox Bridge Road | 15 | 17 | -11.8% | $35,000 | $57,500 | -39.1% |
| 4th Street/ Cook Street | 8 | 8 | 0% | $32,500 | $49,150 | -33.9% |
| 16th Street/ Ash Street | 9 | 10 | -10% | $25,000 | $18,002 | 38.9% |
| Ash Street/ Wirt Avenue | 9 | 12 | -25% | $22,510 | $19,000 | 18.5% |
| Clear Lake Avenue/ 16th Street | 3 | 2 | 50% | $21,705.37 | $83,450 | -74% |
| College Street/ Lawrence Avenue | 8 | 15 | -46.7% | $18,000 | $48,000 | -62.5% |
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