Is Stokesdale, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Stokesdale was a Neutral Market.
Housing Prices in Stokesdale, NC
How much do homes in Stokesdale, NC cost?
Median Sold Price
$460,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Stokesdale was $460,000 in April 2024, up 4.5% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $289K | $235K | -18.7% |
3 Bedrooms | $350.5K | $395K | +12.7% |
4 Bedrooms | $567.4K | $599.9K | +5.7% |
5+ Bedrooms | $489.9K | - | N/A |
Summary: Stokesdale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.7%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Oak Ridge Township | $529.8K | $599K | +13.0% |
Oak Ridge | $570K | $639.9K | +12.3% |
Stokesdale | $440K | $463.4K | +5.3% |
Stokesdale | $440K | $460K | +4.5% |
Summerfield | $581.5K | $572K | -1.6% |
Housing Supply in Stokesdale, NC
How many homes are available in Stokesdale, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 64 | 0.0% |
Summary: The Stokesdale real estate market had 64 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 31 | 31 | 0.0% |
4 Bedrooms | 31 | 31 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Stokesdale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Stokesdale in April 2024, down by 6.3% month-over-month. Of the 15 sold homes, 40% were sold under asking, 47% were sold at asking, and 13% were sold over asking.
Days on Market for Stokesdale, NC
How long does it take to sell a home in Stokesdale, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 69 Days | +33.0% |
Summary: Homes in Stokesdale had an average of 69 days on market in Apr 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Stokesdale; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.