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Monday, November 25, 2024

Stanford Avenue/ Fox Bridge Road home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Stanford Avenue/ Fox Bridge Road, a Springfield neighborhood, rose by $6,069 while total sales decreased by 46.7%, according to BlockShopper.com.

In May 2018, there were eight homes sold, with a median sale price of $42,219 - a 16.8% increase over the $36,150 median sale price for the same period of the previous year. There were 15 homes sold in Stanford Avenue/ Fox Bridge Road in May 2017.

The median sales tax in Stanford Avenue/ Fox Bridge Road for the most recent year with available data, 2017, was $1,301, approximately 3.1% of the median home sale price for May 2018.

The following table compares Stanford Avenue/ Fox Bridge Road to other Springfield neighborhood with similar median sales prices in May 2018:

NeighborhoodMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Jerome1015-33.3%$64,000$58,247.159.9%
5th Street/ Griffiths Avenue211-81.8%$63,000$53,41517.9%
Route 29/ Route 9779-22.2%$54,000$58,000-6.9%
4th Street/ Cook Street6520%$45,000$82,473.02-45.4%
College Street/ Lawrence Avenue9728.6%$45,000$60,308.72-25.4%
Stanford Avenue/ Fox Bridge Road815-46.7%$42,219$36,15016.8%
Grandview68-25%$41,600$61,500-32.4%
16th Street/ Ash Street78-12.5%$38,000$39,492.12-3.8%
Route 97/ 9th Street34-25%$37,900$13,750175.6%
Arlington Heights27-71.4%$37,750$31,00021.8%
Ash Street/ Wirt Avenue770%$22,000$28,000-21.4%

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