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Stanford home prices stay level on lower volume

Stanford home prices stay level on lower volume

This multi-family investment property on 216 Hobbs Lane sold for $357,840 and the adjoining property on 4.8 acres sold for $494,160 on May 21, 2026, in separate transactions.

Photo by Christine Bates

STANFORD — The 12-month trailing median price for a single-family home in the Town of Stanford was $675,000 for the period ending May 31, 2026, a figure that includes everything from modest homes on small lots to large estates on significant acreage.

That median is 13% higher than the $600,000 recorded for the 12 months ending May 31, 2025, and 31% above the $515,000 median reported for the 2023-24 period. Stanford’s highest 12-month trailing median price over the past decade was $712,500, reached in November 2025.

Sales volume remained near the low end of its three-year range of 30 to 45 annual sales and well below the 80 sales recorded during the first six months of 2021. A total of 32 single-family homes sold in the 12 months ending May 31, 2026, down from 43 during the prior 12-month period but above the 27 sales recorded for the 12 months ending May 31, 2024.

Inventory has risen slightly this year. As of early June, 10 single-family homes were listed for sale, seven of them priced above $1 million and three below that mark. Land inventory remained especially limited, with only two parcels listed on the MLS, priced at $250,000 and $300,000.

March, April, May 2026 sales

310 Carpenter Hill Road — 5 bedroom/5.5 bath home on 24+ acres built in 1993 sold on March 9, 2026, for $4.97 million.

6099 Route 82 — Live/work space plus a 1,755 square foot body shop on 0.34 acres sold on April 10 for $300,000.

1665 Bulls Head Road — 3 bedroom/2.5 bath sold on 5.75 acres sold on May 8, 2026 for $558,000.

220-224 Hobbs Lane — single family home plus a rental unit on 4.8 acres sold on May 21, 2026, for $494,160.

216 and 216B Hobbs Lane — 4 bedroom/2 bath two family on 4.4 acres sold on May 21, 2026 for $357,840.

* Town of Stanford property sales for March, April and May 2026 are sourced from First Key MLS. Details on each property from Dutchess Parcel Access. Current market data from One Key MLS and Infosparks. Compiled by Christine Bates, Real Estate Advisor with William Pitt Sotheby’s International Realty, Licensed in Connecticut and New York.

Christine Bates

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