Is Stanley, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanley is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Stanley was a Seller's Market.

Key Takeaway

Stanley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Stanley, NC

How much do homes in Stanley, NC cost?

Median Sold Price

$346,500

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$11,000(+3.3%)

Key Takeaway

Homes in Stanley have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Stanley was $346,500 in September 2024, up 3.3% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $60K-
N/A
2 $135K$207K
+53.3%
3 $330K$325K
-1.5%
4 $542.5K$418.4K
-22.9%
5+ $707.5K$609.5K
-13.9%

Summary: Stanley housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 53.3%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes decreased by 13.9%.

Median Sold Price Compared To Nearby Cities

Riverbend Township
+8.0%
Dallas Township
+3.8%
Stanley
+3.3%

Housing Supply in Stanley, NC

How many homes are available in Stanley, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7881+3.8%

Summary: The Stanley real estate market had 81 homes for sale in September 2024, a 3.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 4851
+6.3%
4 2221
-4.5%
5+ 33
0.0%

Summary: The Stanley housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1612-25.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanley, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Stanley in September 2024, down by 25.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% 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

Sep 2023Sep 2024CHANGE
25 Days42 Days+69.0%

Summary: Homes in Stanley had an average of 42 days on market in Sep 2024, up by 69% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stanley are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 12 homes were sold in Stanley; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Sep 1, 2024

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