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:
Neighborhood | Apr. 2017 Home Sales | Apr. 2016 Home Sales | % change (Total Home Sales) | Apr. 2017 Median Sales Price | Apr. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Route 4/ Route 97 | 9 | 9 | 0% | $80,750 | $68,150 | 18.5% |
Route 54/ Sangamon Ave. | 9 | 17 | -47.1% | $72,027 | $72,500 | -0.7% |
Edwards Street/ 11th Street | 1 | 1 | 0% | $72,000 | $7,000 | 928.6% |
Stanton Street/ Stevenson Drive | 9 | 7 | 28.6% | $71,809 | $82,900 | -13.4% |
5th Street/ Griffiths Avenue | 5 | 4 | 25% | $65,000 | $52,750 | 23.2% |
Stanford Avenue/ Fox Bridge Road | 3 | 2 | 50% | $62,500 | $48,500 | 28.9% |
Grandview | 4 | 4 | 0% | $61,750 | $56,000 | 10.3% |
Route 97/ Walnut Street | 3 | 2 | 50% | $60,000 | $35,500 | 69% |
Southern View | 4 | 0 | - | $51,200 | $0 | - |
4th Street/ Cook Street | 5 | 5 | 0% | $46,900 | $66,000 | -28.9% |
Route 97/ 9th Street | 4 | 4 | 0% | $45,500 | $29,000 | 56.9% |