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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanley is a seller's market

Buyer's
Market

Difference Since March 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

$338,000

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$2,978(+0.9%)

Key Takeaway

Homes in Stanley have sold for 0.9% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $125K-
N/A
2 $199.5K$175K
-12.3%
3 $320K$325K
+1.6%
4 $490K$476.2K
-2.8%
5+ $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
+4.2%
Dallas Township
+2.8%
Stanley
+0.9%

Housing Supply in Stanley, NC

How many homes are available in Stanley, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7582+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

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 912
+33.3%
3 4753
+12.8%
4 1210
-16.7%
5+ 77
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 2024Mar 2024CHANGE
1322+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanley, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
44 Days48 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 24 Days Ago

Newest Listings in Stanley, NC

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