Is Stanley, 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, Stanley has remained a Seller's Market.
Housing Prices in Stanley, NC
How much do homes in Stanley, NC cost?
Median Sold Price
$338,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Stanley was $338,000 in March 2024, up 0.9% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | - | N/A |
2 Bedrooms | $199.5K | $175K | -12.3% |
3 Bedrooms | $320K | $325K | +1.6% |
4 Bedrooms | $490K | $476.2K | -2.8% |
5+ Bedrooms | $430K | $605K | +40.7% |
Summary: Stanley 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 12.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 40.7%.
Median Sold Price Compared To Nearby Cities
Riverbend Township | $336K | $350K | +4.2% |
Dallas Township | $290.9K | $299K | +2.8% |
Stanley | $335K | $338K | +0.9% |
Housing Supply in Stanley, NC
How many homes are available in Stanley, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
75 | 82 | +9.3% |
Summary: The Stanley real estate market had 82 homes for sale in March 2024, a 9.3% 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 | 9 | 12 | +33.3% |
3 Bedrooms | 47 | 53 | +12.8% |
4 Bedrooms | 12 | 10 | -16.7% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Stanley 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 33.3%, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 22 | +69.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Stanley in March 2024, up by 69.2% month-over-month. Of the 22 sold homes, 59% were sold under asking, 27% were sold at asking, and 14% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 48 Days | +8.6% |
Summary: Homes in Stanley had an average of 48 days on market in Mar 2024, up by 8.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in Stanley; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.