From January through June of 2017, there were 43 homes sold, with a median sale price of $40,000 - a 21.6% decrease over the $51,000 median sale price for the same period of the previous year. There were 35 homes sold in Stanford Avenue/ Fox Bridge Road in the first half of 2016.
The median sales tax in Stanford Avenue/ Fox Bridge Road for 2017 was $1,301. In 2016, the median sales tax was $1,279. 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 3.3%.
The following table compares Stanford Avenue/ Fox Bridge Road to other Springfield neighborhood with similar median sales prices in the first half of 2017:
| Neighborhood | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Southern View | 23 | 15 | 53.3% | $49,015.13 | $75,000 | -34.6% |
| College Street/ Lawrence Avenue | 26 | 30 | -13.3% | $47,160 | $48,500 | -2.8% |
| Grandview | 29 | 19 | 52.6% | $46,000 | $52,000 | -11.5% |
| Edwards Street/ 11th Street | 6 | 5 | 20% | $42,000 | $22,550 | 86.3% |
| Route 97/ 9th Street | 23 | 8 | 187.5% | $40,000 | $61,500 | -35% |
| Stanford Avenue/ Fox Bridge Road | 43 | 35 | 22.9% | $40,000 | $51,000 | -21.6% |
| Arlington Heights | 33 | 15 | 120% | $40,000 | $38,000 | 5.3% |
| Route 29/ Route 97 | 39 | 27 | 44.4% | $39,000 | $43,500 | -10.3% |
| Ash Street/ Wirt Avenue | 25 | 19 | 31.6% | $28,000 | $20,000 | 40% |
| 16th Street/ Ash Street | 25 | 21 | 19% | $25,000 | $18,000 | 38.9% |
| Clear Lake Avenue/ 16th Street | 10 | 7 | 42.9% | $20,852.69 | $20,000 | 4.3% |
Alerts Sign-up