Is Stokes County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$270,950
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Stokes County was $270,950 in June 2024, up 2.7% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128.7K | $80K | -37.9% |
2 Bedrooms | $201K | $200K | -0.5% |
3 Bedrooms | $254.5K | $260K | +2.2% |
4 Bedrooms | $367.4K | $377K | +2.6% |
5+ Bedrooms | $392.4K | $419.9K | +7.0% |
Summary: Stokes County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.9%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Counties
Surry County | $216.3K | $244.9K | +13.2% |
Rockingham County | $189K | $205K | +8.5% |
Forsyth County | $286.3K | $298.6K | +4.3% |
Stokes County | $263.7K | $270.9K | +2.7% |
Housing Supply in Stokes County, NC
How many homes are available in Stokes County, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
119 | 127 | +6.7% |
Summary: The Stokes County real estate market had 127 homes for sale in June 2024, a 6.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 15 | 14 | -6.7% |
3 Bedrooms | 70 | 77 | +10.0% |
4 Bedrooms | 28 | 29 | +3.6% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Stokes County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Stokes County in June 2024, down by 3.6% month-over-month. Of the 27 sold homes, 48% were sold under asking, 37% were sold at asking, and 15% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
30 Days | 43 Days | +44.6% |
Summary: Homes in Stokes County had an average of 43 days on market in Jun 2024, up by 44.6% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During June 2024, 27 homes were sold in Stokes County; 59% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.