Is Stanly County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Stanly County has remained a Seller's Market.
Housing Prices in Stanly County, NC
How much do homes in Stanly County, NC cost?
Median Sold Price
$299,997
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Stanly County was $299,997 in April 2024, up 9.1% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.5K | $90K | -12.2% |
2 Bedrooms | $175K | $182.3K | +4.2% |
3 Bedrooms | $282.7K | $297.4K | +5.2% |
4 Bedrooms | $371.7K | $405.1K | +9.0% |
5+ Bedrooms | $512K | $427.4K | -16.5% |
Summary: Stanly County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 9%, and 5+ bedroom homes decreased by 16.5%.
Median Sold Price Compared To Nearby Counties
Anson County | $150K | $170K | +13.3% |
Stanly County | $275K | $299.9K | +9.1% |
Montgomery County | $214.7K | $225K | +4.8% |
Union County | $443.8K | $459.9K | +3.6% |
Cabarrus County | $339.9K | $345.1K | +1.5% |
Housing Supply in Stanly County, NC
How many homes are available in Stanly County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
410 | 430 | +4.9% |
Summary: The Stanly County real estate market had 430 homes for sale in April 2024, a 4.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 22 | 21 | -4.5% |
2 Bedrooms | 71 | 84 | +18.3% |
3 Bedrooms | 221 | 221 | 0.0% |
4 Bedrooms | 70 | 76 | +8.6% |
5+ Bedrooms | 26 | 28 | +7.7% |
Summary: The Stanly County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.5%, 2 bedroom homes increased by 18.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 83 | -2.4% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 83 homes were sold or pending in Stanly County in April 2024, down by 2.4% month-over-month. Of the 83 sold homes, 59% were sold under asking, 28% were sold at asking, and 13% were sold over asking.
Days on Market for Stanly County, NC
How long does it take to sell a home in Stanly County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 69 Days | +32.8% |
Summary: Homes in Stanly County had an average of 69 days on market in Apr 2024, up by 32.8% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Summary: During April 2024, 83 homes were sold in Stanly County; 47% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.