Is Stanley, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Stanley has remained a Seller's Market.
Key Takeaway
Stanley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stanley, NC
How much do homes in Stanley, NC cost?
Median Sold Price
$336,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Stanley have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Stanley was $336,000 in May 2024, up 2.4% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $160K | $203K | +26.9% |
| 3 Bedrooms | $324K | $324K | 0.0% |
| 4 Bedrooms | $570K | $437.8K | -23.2% |
| 5+ Bedrooms | $560K | $605K | +8.0% |
Summary: Stanley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 23.2%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
| Riverbend Township | $336.4K | $350K | +4.0% |
| Dallas Township | $289.9K | $299K | +3.1% |
| Stanley | $328K | $336K | +2.4% |
Housing Supply in Stanley, NC
How many homes are available in Stanley, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 79 | 83 | +5.1% |
Summary: The Stanley real estate market had 83 homes for sale in May 2024, a 5.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 52 | 51 | -1.9% |
| 4 Bedrooms | 11 | 19 | +72.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Stanley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 72.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stanley, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Stanley in May 2024, down by 20.8% month-over-month. Of the 19 sold homes, 58% were sold under asking, 32% were sold at asking, and 11% were sold over asking.
Days on Market for Stanley, NC
How long does it take to sell a home in Stanley, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 36 Days | 26 Days | -28.2% |
Summary: Homes in Stanley had an average of 26 days on market in May 2024, down by 28.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stanley are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 19 homes were sold in Stanley; 63% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.