In June 2017, there were 10 homes sold, with a median sale price of $45,000 - a 13% decrease over the $51,700 median sale price for the same period of the previous year. There were 12 homes sold in Stanford Avenue/ Fox Bridge Road in June 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 2.9%.
The following table compares Stanford Avenue/ Fox Bridge Road to other Springfield neighborhood with similar median sales prices in June 2017:
| Neighborhood | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| College Street/ Lawrence Avenue | 7 | 1 | 600% | $80,500 | $69,900 | 15.2% |
| College Street/ Ash Street | 22 | 20 | 10% | $78,450 | $111,500 | -29.6% |
| Arlington Heights | 7 | 3 | 133.3% | $67,000 | $63,000 | 6.3% |
| 5th Street/ Griffiths Avenue | 8 | 4 | 100% | $64,700 | $57,000 | 13.5% |
| 4th Street/ Cook Street | 4 | 5 | -20% | $49,250 | $46,500 | 5.9% |
| Stanford Avenue/ Fox Bridge Road | 10 | 12 | -16.7% | $45,000 | $51,700 | -13% |
| Devereux Heights | 2 | 6 | -66.7% | $41,500 | $110,750 | -62.5% |
| Route 97/ 9th Street | 2 | 1 | 100% | $37,000 | $75,000 | -50.7% |
| Southern View | 5 | 3 | 66.7% | $36,000 | $61,000 | -41% |
| Grandview | 8 | 5 | 60% | $34,000 | $52,000 | -34.6% |
| Route 29/ Route 97 | 5 | 9 | -44.4% | $30,000 | $62,500 | -52% |
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