Stanford Avenue/ Fox Bridge Road home prices rise in the third quarter of 2020

Medium realestate077

The median sale price of a home sold in the third quarter of 2020 in Stanford Avenue/ Fox Bridge Road, a Springfield neighborhood, rose by $7,750 while total sales remained unchanged with 14 homes sold, according to BlockShopper.com.

From July through September of 2020, there were 14 homes sold, with a median sale price of $51,500 - a 17.7% increase over the $43,750 median sale price for the same period of the previous year. There were 14 homes sold in Stanford Avenue/ Fox Bridge Road in the third quarter of 2019, as well.

The median sales tax in Stanford Avenue/ Fox Bridge Road for the most recent year with available data, 2018, was $1,341, approximately 2.6% of the median home sale price for the third quarter of 2020.

The following table compares Stanford Avenue/ Fox Bridge Road to other Springfield neighborhood with similar median sales prices in the third quarter of 2020:

NeighborhoodJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
College Street/ Ash Street1228-57.1%$87,700$104,850-16.4%
5th Street/ Griffiths Avenue10100%$84,500$86,250-2%
Route 54/ Sangamon Ave.2342-45.2%$76,000$79,000-3.8%
4th Street/ Cook Street913-30.8%$73,000$45,50060.4%
Jerome723-69.6%$69,000$85,000-18.8%
Stanford Avenue/ Fox Bridge Road14140%$51,500$43,75017.7%
Southern View812-33.3%$51,000$48,5005.2%
College Street/ Lawrence Avenue13130%$40,000$56,000-28.6%
Route 97/ 9th Street3250%$32,000$60,000-46.7%
Route 29/ Route 97912-25%$31,000$42,500-27.1%
Grandview710-30%$29,000$57,500-49.6%

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