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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stokes County is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Stokes County has remained a Seller's Market.

Key Takeaway

Stokes County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$7,250(+2.7%)

Key Takeaway

Homes in Stokes County have sold for 2.7% more than they did a year ago.

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

# BEDSJun 2023Jun 2024CHANGE
1 $128.7K$80K
-37.9%
2 $201K$200K
-0.5%
3 $254.5K$260K
+2.2%
4 $367.4K$377K
+2.6%
5+ $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
+13.2%
Rockingham County
+8.5%
Forsyth County
+4.3%
Stokes County
+2.7%

Housing Supply in Stokes County, NC

How many homes are available in Stokes County, NC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
119127+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

# BEDSMay 2024Jun 2024CHANGE
1 13
+200.0%
2 1514
-6.7%
3 7077
+10.0%
4 2829
+3.6%
5+ 54
-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 2024Jun 2024CHANGE
2827-3.6%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stokes County, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.

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 2023Jun 2024CHANGE
30 Days43 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 26 Days Ago

Newest Listings in Stokes County, NC

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What housing markets are near Stokes County, NC?