In December 2017, there were six homes sold, with a median sale price of $51,729 - a 27.7% increase over the $40,500 median sale price for the same period of the previous year. There were four homes sold in Stanford Avenue/ Fox Bridge Road in December 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 2.5%.
The following table compares Stanford Avenue/ Fox Bridge Road to other Springfield neighborhood with similar median sales prices in December 2017:
| Neighborhood | Dec. 2017 Home Sales | Dec. 2016 Home Sales | % change (Total Home Sales) | Dec. 2017 Median Sales Price | Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Jerome | 6 | 9 | -33.3% | $63,000 | $73,000 | -13.7% |
| 5th Street/ Griffiths Avenue | 6 | 6 | 0% | $61,100 | $55,500 | 10.1% |
| Southern View | 3 | 3 | 0% | $56,250 | $32,000 | 75.8% |
| Route 97/ Walnut Street | 2 | 1 | 100% | $54,750 | $3,000 | 1725% |
| Route 4/ Route 97 | 7 | 7 | 0% | $54,000 | $95,000 | -43.2% |
| Stanford Avenue/ Fox Bridge Road | 6 | 4 | 50% | $51,729 | $40,500 | 27.7% |
| Grandview | 4 | 2 | 100% | $51,250 | $43,250 | 18.5% |
| Route 97/ 9th Street | 2 | 0 | - | $43,250 | $0 | - |
| College Street/ Lawrence Avenue | 3 | 6 | -50% | $35,000 | $68,000 | -48.5% |
| Cook Street/ Wheeler Avenue | 2 | 3 | -33.3% | $34,825 | $7,500 | 364.3% |
| 16th Street/ Ash Street | 9 | 6 | 50% | $30,000 | $14,500 | 106.9% |
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