Stanford, Illinois, is a quaint village in McLean County with a population of approximately 600, offering a serene, small-town atmosphere. Nestled amidst the state’s sprawling farmlands, it embodies rural charm with its quiet streets and close-knit community. The village features local gems like the Stanford Pub and a historic grain elevator, reflecting its agricultural roots. Annual events, such as community festivals, foster a strong sense of togetherness. Just a short drive from Bloomington-Normal, Stanford provides a peaceful retreat with easy access to urban amenities, making it a perfect blend of countryside living and Midwestern hospitality.
Stanford currently has 1 single family home for sale with a list price of $150,000. The average annual property tax for Stanford is $3,754.72.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Stanford, i.e. what's hot and what's not.
See What's Hot & What's Not in StanfordStanford home sales for the month of August stayed the same in volume when compared to last year, while the median sale price decreased by 35.5% from $248,000 to $160,000. House sales stayed the same, while the median sale price decreased by 35.5% from $248,000 to $160,000.
12
|
11
|
5
|
7
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$128,450
|
$124,500
|
$120,000
|
$220,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |