Is Stokes 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, Stokes County has remained a Seller's Market.
Housing Prices in Stokes County, NC
How much do homes in Stokes County, NC cost?
Median Sold Price
$260,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Stokes County was $260,000 in April 2024, down 3.7% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127.5K | $87.5K | -31.4% |
2 Bedrooms | $201K | $200K | -0.5% |
3 Bedrooms | $255.3K | $254K | -0.5% |
4 Bedrooms | $369.9K | $379K | +2.5% |
5+ Bedrooms | $399.9K | $419.9K | +5.0% |
Summary: Stokes County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Counties
Surry County | $210.4K | $232.1K | +10.3% |
Forsyth County | $286.9K | $297.5K | +3.7% |
Rockingham County | $189K | $195K | +3.2% |
Stokes County | $270K | $260K | -3.7% |
Housing Supply in Stokes County, NC
How many homes are available in Stokes County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
94 | 100 | +6.4% |
Summary: The Stokes County real estate market had 100 homes for sale in April 2024, a 6.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 19 | 18 | -5.3% |
3 Bedrooms | 48 | 54 | +12.5% |
4 Bedrooms | 20 | 20 | 0.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Stokes County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 23 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Stokes County in April 2024, the same as the previous month. Of the 23 sold homes, 52% were sold under asking, 35% were sold at asking, and 13% were sold over asking.
Days on Market for Stokes County, NC
How long does it take to sell a home in Stokes County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 59 Days | +23.6% |
Summary: Homes in Stokes County had an average of 59 days on market in Apr 2024, up by 23.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Stokes County; 57% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.