In March 2017, there were five homes sold, with a median sale price of $41,245 - a 12.7% decrease over the $47,250 median sale price for the same period of the previous year. There were six homes sold in Stanford Avenue/ Fox Bridge Road in March 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 3.2%.
The following table compares Stanford Avenue/ Fox Bridge Road to other Springfield neighborhood with similar median sales prices in March 2017:
| Neighborhood | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Jerome | 12 | 7 | 71.4% | $66,250 | $86,500 | -23.4% |
| Edwards Street/ 11th Street | 2 | 0 | - | $61,000 | $0 | - |
| Devereux Heights | 3 | 2 | 50% | $55,000 | $215,500 | -74.5% |
| Route 54/ Sangamon Ave. | 11 | 16 | -31.3% | $50,430 | $72,750 | -30.7% |
| Route 4/ Route 97 | 9 | 6 | 50% | $49,000 | $118,500 | -58.6% |
| Stanford Avenue/ Fox Bridge Road | 5 | 6 | -16.7% | $41,245 | $47,250 | -12.7% |
| Arlington Heights | 9 | 2 | 350% | $41,000 | $41,593 | -1.4% |
| Route 97/ 9th Street | 6 | 0 | - | $39,500 | $0 | - |
| Route 97/ Walnut Street | 4 | 4 | 0% | $38,000 | $49,000 | -22.4% |
| Grandview | 5 | 5 | 0% | $38,000 | $36,000 | 5.6% |
| 16th Street/ Ash Street | 4 | 4 | 0% | $33,475 | $18,000 | 86% |
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