Is Stony Point, 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, Stony Point has remained a Neutral Market.
Key Takeaway
Stony Point is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Stony Point, NC
How much do homes in Stony Point, NC cost?
Median Sold Price
$243,900
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Stony Point have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Stony Point was $243,900 in March 2024, up 1.6% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $142.5K | N/A |
| 2 Bedrooms | $67K | $140K | +109.0% |
| 3 Bedrooms | $240K | $258K | +7.5% |
| 4 Bedrooms | $503.3K | $315K | -37.4% |
| 5+ Bedrooms | $700K | - | N/A |
Summary: Stony Point housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 109%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 37.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sharpes Township | $160K | $207.5K | +29.7% |
| Concord Township | $328.3K | $361.3K | +10.1% |
| Stony Point | $240K | $243.9K | +1.6% |
| Shiloh Township | $279.5K | $281.9K | +0.8% |
Housing Supply in Stony Point, NC
How many homes are available in Stony Point, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Stony Point real estate market had 19 homes for sale in March 2024, a 11.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Stony Point 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 remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Stony Point, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Stony Point in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Stony Point, NC
How long does it take to sell a home in Stony Point, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 47 Days | +31.5% |
Summary: Homes in Stony Point had an average of 47 days on market in Mar 2024, up by 31.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Stony Point has remained consistent over time.
Summary: During March 2024, 3 homes were sold in Stony Point; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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