Is Stokes County, 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, Stokes County has remained a Seller's Market.
Housing Prices in Stokes County, NC
How much do homes in Stokes County, NC cost?
Median Sold Price
$259,862
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Stokes County was $259,862 in March 2024, down 0.1% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127.5K | $87.5K | -31.4% |
2 Bedrooms | $175.9K | $200K | +13.7% |
3 Bedrooms | $253K | $250K | -1.2% |
4 Bedrooms | $374.9K | $375K | 0.0% |
5+ Bedrooms | $434.9K | $402.4K | -7.5% |
Summary: Stokes County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 13.7%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Counties
Surry County | $210K | $229.6K | +9.4% |
Forsyth County | $280.5K | $296.3K | +5.6% |
Rockingham County | $184.9K | $193.4K | +4.6% |
Stokes County | $260K | $259.8K | -0.1% |
Housing Supply in Stokes County, NC
How many homes are available in Stokes County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
98 | 93 | -5.1% |
Summary: The Stokes County real estate market had 93 homes for sale in March 2024, a 5.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 19 | +5.6% |
3 Bedrooms | 52 | 48 | -7.7% |
4 Bedrooms | 21 | 19 | -9.5% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Stokes County 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 5.6%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 22 | -24.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Stokes County in March 2024, down by 24.1% month-over-month. Of the 22 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.
Days on Market for Stokes County, NC
How long does it take to sell a home in Stokes County, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 34 Days | -23.6% |
Summary: Homes in Stokes County had an average of 34 days on market in Mar 2024, down by 23.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in Stokes County; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.