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Sunday, November 24, 2024

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

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The median sale price of a home sold in July 2017 in Stanford Avenue/ Fox Bridge Road, a Springfield neighborhood, rose by $6,000 while total sales increased by 116.7%, according to BlockShopper.com.

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:

NeighborhoodJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Arlington Heights45-20%$74,950$21,500248.6%
Route 54/ Sangamon Ave.291681.3%$73,500$92,500-20.5%
Jerome1114-21.4%$68,000$88,900-23.5%
Glenwood Avenue/ Fayette Avenue8633.3%$66,250$94,000-29.5%
Grandview26-66.7%$60,500$33,82078.9%
Stanford Avenue/ Fox Bridge Road136116.7%$60,000$54,00011.1%
5th Street/ Griffiths Avenue93200%$53,500$67,500-20.7%
Route 97/ 9th Street220%$49,750$34,00046.3%
4th Street/ Cook Street7475%$43,500$50,250-13.4%
Ash Street/ Wirt Avenue63100%$35,000$26,00034.6%
Route 29/ Route 9734-25%$20,000$59,750-66.5%

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