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 November 2021

At the same time last year, Stanly County was a Seller's 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.

How much do homes in Stanly County, NC cost?

Median Sold Price

$265,068

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$45,041(+20.5%)

Key Takeaway

Homes in Stanly County have sold for 20.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $76.2K$92.1K
+20.8%
2 $140K$175K
+25.0%
3 $230.8K$269.9K
+16.9%
4 $327.7K$380.7K
+16.2%
5+ $405K$515K
+27.2%

Median Sold Price Compared To Nearby Counties

Montgomery County
+27.1%
Stanly County
+20.5%
Union County
+17.4%
Cabarrus County
+15.9%
Anson County
+3.6%

How many homes are available in Stanly County, NC?

Number of Homes For Sale

Oct 2022Nov 2022%
385380-1.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 1614
-12.5%
2 7970
-11.4%
3 205205
0.0%
4 6368
+7.9%
5+ 2223
+4.5%

Number of Homes Sold

Oct 2022Nov 2022%
8556-34.1%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

6 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. 57.1% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
18 Days39 Days+108.0%

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Stanly County, NC

There are 380 homes are for sale in Stanly County, NC real estate market. In November 2022 in Stanly County, NC there were 1.3% less homes for sale than in October 2022. Listings spent 39 days on the market in November 2022, and had a median list price of $265,068 during the same period. Listing prices have changed in this real estate market between October 2022 and November 2022: the cost of 1 bedroom properties went up by 20.8%, the cost of 2 bedrooms properties went up by 25%, prices of 3 bedrooms properties went up by 16.9%, 4 bedrooms properties became 16.2% more expensive, prices of 5 bedrooms properties went up by 27.2%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 12.5%, 2 bedrooms homes inventory decreased by 11.4%, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes became 7.9% more available, 5 bedrooms homes became 4.5% more available. While more than 6 listings in Stanly County, NC in November 2022 were sold above asking price, there were more than 18 listings sold at asking price, and more than 32 were sold below.

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