Is Stanfield, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Stanfield was a Seller's Market.
Key Takeaway
Stanfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Stanfield, NC
How much do homes in Stanfield, NC cost?
Median Sold Price
$302,500
$220/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Stanfield have sold for 32.4% less than they did a month ago.
Summary: The median home sold price in Stanfield was $302,500 in March 2024, down 32.4% from last month, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $189.7K | $145K | -23.6% |
| 3 Bedrooms | $447.3K | $460K | +2.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $725K | - | N/A |
Summary: Stanfield housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Stanfield, NC
How many homes are available in Stanfield, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Summary: The Stanfield real estate market had 15 homes for sale in March 2024, a 16.7% decrease 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Stanfield 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 decreased by 50%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stanfield, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Stanfield in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Stanfield, NC
How long does it take to sell a home in Stanfield, NC?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 77 Days | 16 Days | -78.6% |
Summary: Homes in Stanfield had an average of 16 days on market in Mar 2024, down by 78.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stanfield are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Stanfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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