Is Stallings, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Stallings has remained a Seller's Market.
Key Takeaway
Stallings is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stallings, NC
How much do homes in Stallings, NC cost?
Median Sold Price
$422,550
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Stallings have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Stallings was $422,550 in April 2024, down 2.4% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $305K | $300K | -1.6% |
| 3 Bedrooms | $375.1K | $372K | -0.8% |
| 4 Bedrooms | $498.4K | $524.5K | +5.2% |
| 5+ Bedrooms | $561K | $599K | +6.8% |
Summary: Stallings housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Cities
| Matthews | $478.8K | $522.3K | +9.1% |
| Hemby Bridge | $327.5K | $345.9K | +5.6% |
| Indian Trail | $419.2K | $426.9K | +1.8% |
| Vance Township | $424.8K | $429.9K | +1.2% |
| Stallings | $432.7K | $422.5K | -2.4% |
Housing Supply in Stallings, NC
How many homes are available in Stallings, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 | 58 | -1.7% |
Summary: The Stallings real estate market had 58 homes for sale in April 2024, a 1.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Stallings housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 17 | -19.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stallings, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Stallings in April 2024, down by 19.0% month-over-month. Of the 17 sold homes, 59% were sold under asking, 29% were sold at asking, and 12% were sold over asking.
Days on Market for Stallings, NC
How long does it take to sell a home in Stallings, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 17 Days | +54.5% |
Summary: Homes in Stallings had an average of 17 days on market in Apr 2024, up by 54.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stallings are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in Stallings; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.