Is Stallings, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Stallings has remained a Seller's Market.
Key Takeaway
Stallings is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stallings, NC
How much do homes in Stallings, NC cost?
Median Sold Price
$421,275
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Stallings have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Stallings was $421,275 in March 2024, down 0.9% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $299K | -3.5% |
| 3 Bedrooms | $375K | $365K | -2.7% |
| 4 Bedrooms | $490K | $523K | +6.7% |
| 5+ Bedrooms | $556.5K | $599K | +7.6% |
Summary: Stallings housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 7.6%.
Median Sold Price Compared To Nearby Cities
| Matthews | $476.9K | $520.5K | +9.1% |
| Hemby Bridge | $330K | $345.9K | +4.8% |
| Indian Trail | $414K | $427.1K | +3.2% |
| Vance Township | $421K | $430K | +2.2% |
| Stallings | $425.1K | $421.2K | -0.9% |
Housing Supply in Stallings, NC
How many homes are available in Stallings, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 53 | 54 | +1.9% |
Summary: The Stallings real estate market had 54 homes for sale in March 2024, a 1.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 28 | 26 | -7.1% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Stallings housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 21 | +31.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stallings, you may be able to get a good deal. 38.1% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Stallings in March 2024, up by 31.3% month-over-month. Of the 21 sold homes, 38% were sold under asking, 33% were sold at asking, and 29% were sold over asking.
Days on Market for Stallings, NC
How long does it take to sell a home in Stallings, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 26 Days | 24 Days | -7.7% |
Summary: Homes in Stallings had an average of 24 days on market in Mar 2024, down by 7.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Stallings are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 21 homes were sold in Stallings; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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