Is Stanly County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Stanly County has remained a Neutral Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95.6K | $105K | +9.8% |
2 Bedrooms | $175K | $179.5K | +2.6% |
3 Bedrooms | $275K | $295.4K | +7.4% |
4 Bedrooms | $365K | $400.4K | +9.7% |
5+ Bedrooms | $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 | $140K | $169.5K | +21.1% |
Montgomery County | $205K | $235K | +14.6% |
Stanly County | $269.9K | $299.9K | +11.1% |
Union County | $445K | $454.6K | +2.2% |
Cabarrus County | $342.6K | $339.8K | -0.8% |
Housing Supply in Stanly County, NC
How many homes are available in Stanly County, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
371 | 391 | +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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 18 | +20.0% |
2 Bedrooms | 70 | 74 | +5.7% |
3 Bedrooms | 175 | 189 | +8.0% |
4 Bedrooms | 83 | 82 | -1.2% |
5+ Bedrooms | 28 | 28 | 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 2024 | Feb 2024 | CHANGE |
---|---|---|
62 | 56 | -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
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 2023 | Feb 2024 | CHANGE |
---|---|---|
59 Days | 60 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
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.