In October 2017, there were seven homes sold, with a median sale price of $64,000 - a 20% decrease over the $80,000 median sale price for the same period of the previous year. There were five homes sold in Stanford Avenue/ Fox Bridge Road in October 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%.
The following table compares Stanford Avenue/ Fox Bridge Road to other Springfield neighborhood with similar median sales prices in October 2017:
| Neighborhood | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| College Street/ Ash Street | 11 | 8 | 37.5% | $87,000 | $105,000 | -17.1% |
| Jerome | 11 | 10 | 10% | $76,770 | $79,000 | -2.8% |
| Route 4/ Washington Street | 14 | 15 | -6.7% | $74,200 | $143,000 | -48.1% |
| 5th Street/ Griffiths Avenue | 4 | 6 | -33.3% | $67,500 | $34,250 | 97.1% |
| Route 54/ Sangamon Ave. | 19 | 11 | 72.7% | $64,500 | $80,000 | -19.4% |
| Stanford Avenue/ Fox Bridge Road | 7 | 5 | 40% | $64,000 | $80,000 | -20% |
| 4th Street/ Cook Street | 5 | 2 | 150% | $51,850 | $83,000 | -37.5% |
| Southern View | 1 | 5 | -80% | $51,545.79 | $56,000 | -8% |
| College Street/ Lawrence Avenue | 1 | 3 | -66.7% | $46,000 | $80,000 | -42.5% |
| Route 29/ Route 97 | 3 | 5 | -40% | $45,090 | $58,000 | -22.3% |
| Edwards Street/ 11th Street | 2 | 2 | 0% | $39,350 | $80,750 | -51.3% |
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