The median sale price of a home sold in October 2021 in Stanford rose by $9,000 while total sales increased by 33.3%, according to BlockShopper.com.
In October 2021, there were four homes sold, with a median sale price of $96,500 – a 10.3% increase over the $87,500 median sale price for the same period of the previous year. There were three homes sold in Stanford in October 2020.
The median sales tax in Stanford for the most recent year with available data, 2018, was $1,927, approximately 2% of the median home sale price for October 2021.
The following table compares Stanford to other McLean County cities with similar median sale prices in October 2021:
| City | Oct. 2021 Home Sales | Oct. 2020 Home Sales | % change (Total Home Sales) | Oct. 2021 Median Sales Price | Oct. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Downs | 1 | 2 | -50% | $197,500 | $226,000 | -12.6% |
| Danvers | 3 | 4 | -25% | $194,500 | $206,500 | -5.8% |
| Normal | 57 | 62 | -8.1% | $178,000 | $169,000 | 5.3% |
| Lexington | 4 | 6 | -33.3% | $172,200 | $90,000 | 91.3% |
| Heyworth | 2 | 6 | -66.7% | $168,000 | $145,950 | 15.1% |
| Le Roy | 14 | 9 | 55.6% | $135,000 | $118,000 | 14.4% |
| Gridley | 9 | 3 | 200% | $134,000 | $72,165 | 85.7% |
| Carlock | 1 | 1 | 0% | $130,000 | $158,500 | -18% |
| Saybrook | 2 | 1 | 100% | $110,000 | $150,000 | -26.7% |
| Stanford | 4 | 3 | 33.3% | $96,500 | $87,500 | 10.3% |
| Chenoa | 2 | 1 | 100% | $61,500 | $106,500 | -42.3% |
