In July 2017, there were 13 homes sold, with a median sale price of $60,000 - a 11.1% increase over the $54,000 median sale price for the same period of the previous year. There were six homes sold in Stanford Avenue/ Fox Bridge Road in July 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 2.2%.
The following table compares Stanford Avenue/ Fox Bridge Road to other Springfield neighborhood with similar median sales prices in July 2017:
Neighborhood | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Arlington Heights | 4 | 5 | -20% | $74,950 | $21,500 | 248.6% |
Route 54/ Sangamon Ave. | 29 | 16 | 81.3% | $73,500 | $92,500 | -20.5% |
Jerome | 11 | 14 | -21.4% | $68,000 | $88,900 | -23.5% |
Glenwood Avenue/ Fayette Avenue | 8 | 6 | 33.3% | $66,250 | $94,000 | -29.5% |
Grandview | 2 | 6 | -66.7% | $60,500 | $33,820 | 78.9% |
Stanford Avenue/ Fox Bridge Road | 13 | 6 | 116.7% | $60,000 | $54,000 | 11.1% |
5th Street/ Griffiths Avenue | 9 | 3 | 200% | $53,500 | $67,500 | -20.7% |
Route 97/ 9th Street | 2 | 2 | 0% | $49,750 | $34,000 | 46.3% |
4th Street/ Cook Street | 7 | 4 | 75% | $43,500 | $50,250 | -13.4% |
Ash Street/ Wirt Avenue | 6 | 3 | 100% | $35,000 | $26,000 | 34.6% |
Route 29/ Route 97 | 3 | 4 | -25% | $20,000 | $59,750 | -66.5% |