Is Stanly County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanly County is a neutral's market

Buyer's
Market

Difference Since February 2023

Since last year, Stanly County has remained a Neutral Market.

Key Takeaway

Stanly County 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 Stanly County, NC

How much do homes in Stanly County, NC cost?

Median Sold Price

$299,959

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$30,043(+11.1%)

Key Takeaway

Homes in Stanly County have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Stanly County was $299,959 in February 2024, up 11.1% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $95.6K$105K
+9.8%
2 $175K$179.5K
+2.6%
3 $275K$295.4K
+7.4%
4 $365K$400.4K
+9.7%
5+ $577.1K$413.7K
-28.3%

Summary: Stanly County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 28.3%.

Median Sold Price Compared To Nearby Counties

Anson County
+21.1%
Montgomery County
+14.6%
Stanly County
+11.1%
Union County
+2.2%
Cabarrus County
-0.8%

Housing Supply in Stanly County, NC

How many homes are available in Stanly County, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
371391+5.4%

Summary: The Stanly County real estate market had 391 homes for sale in February 2024, a 5.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 1518
+20.0%
2 7074
+5.7%
3 175189
+8.0%
4 8382
-1.2%
5+ 2828
0.0%

Summary: The Stanly County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
6256-9.7%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanly County, you may be able to get a good deal. 67.9% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in Stanly County in February 2024, down by 9.7% month-over-month. Of the 56 sold homes, 68% were sold under asking, 20% were sold at asking, and 13% were sold over asking.

Days on Market for Stanly County, NC

How long does it take to sell a home in Stanly County, NC?

Average Sale Time

Feb 2023Feb 2024CHANGE
59 Days60 Days+3.0%

Summary: Homes in Stanly County had an average of 60 days on market in Feb 2024, up by 3% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Stanly County has remained consistent over time.

Summary: During February 2024, 56 homes were sold in Stanly County; 39% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 20% 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 28 Days Ago

Newest Listings in Stanly County, NC

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