Is Stanly County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanly County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Stanly County has remained a Seller's Market.

Key Takeaway

Stanly County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$24,962(+9.1%)

Key Takeaway

Homes in Stanly County have sold for 9.1% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $102.5K$90K
-12.2%
2 $175K$182.3K
+4.2%
3 $282.7K$297.4K
+5.2%
4 $371.7K$405.1K
+9.0%
5+ $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
+13.3%
Stanly County
+9.1%
Montgomery County
+4.8%
Union County
+3.6%
Cabarrus County
+1.5%

Housing Supply in Stanly County, NC

How many homes are available in Stanly County, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
410430+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

# BEDSMar 2024Apr 2024CHANGE
1 2221
-4.5%
2 7184
+18.3%
3 221221
0.0%
4 7076
+8.6%
5+ 2628
+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 2024Apr 2024CHANGE
8583-2.4%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanly County, you may be able to get a good deal. 59% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
52 Days69 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stanly County are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Stanly County, NC

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