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Friday, April 26, 2024

Stanford Avenue/ Fox Bridge Road home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Stanford Avenue/ Fox Bridge Road, a Springfield neighborhood, rose by $14,000 while total sales increased by 50%, according to BlockShopper.com.

In April 2017, there were three homes sold, with a median sale price of $62,500 - a 28.9% increase over the $48,500 median sale price for the same period of the previous year. There were two homes sold in Stanford Avenue/ Fox Bridge Road in April 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 2.1%.

The following table compares Stanford Avenue/ Fox Bridge Road to other Springfield neighborhood with similar median sales prices in April 2017:

NeighborhoodApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Route 4/ Route 97990%$80,750$68,15018.5%
Route 54/ Sangamon Ave.917-47.1%$72,027$72,500-0.7%
Edwards Street/ 11th Street110%$72,000$7,000928.6%
Stanton Street/ Stevenson Drive9728.6%$71,809$82,900-13.4%
5th Street/ Griffiths Avenue5425%$65,000$52,75023.2%
Stanford Avenue/ Fox Bridge Road3250%$62,500$48,50028.9%
Grandview440%$61,750$56,00010.3%
Route 97/ Walnut Street3250%$60,000$35,50069%
Southern View40-$51,200$0-
4th Street/ Cook Street550%$46,900$66,000-28.9%
Route 97/ 9th Street440%$45,500$29,00056.9%

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