Is Stanley, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanley is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Stanley, NC

How much do homes in Stanley, NC cost?

Median Sold Price

$335,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$1,089(+0.3%)

Key Takeaway

The sold price of homes in Stanley has remained the same since last year.

Summary: The median home sold price in Stanley was $335,000 in April 2024, up 0.3% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $125K-
N/A
2 $195K$181.2K
-7.1%
3 $321.2K$325K
+1.2%
4 $492.5K$465K
-5.6%
5+ $690K$570K
-17.4%

Summary: Stanley 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 7.1%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 17.4%.

Median Sold Price Compared To Nearby Cities

Riverbend Township
+3.6%
Dallas Township
+3.1%
Stanley
0.3%

Housing Supply in Stanley, NC

How many homes are available in Stanley, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8582-3.5%

Summary: The Stanley real estate market had 82 homes for sale in April 2024, a 3.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1312
-7.7%
3 5454
0.0%
4 1210
-16.7%
5+ 66
0.0%

Summary: The Stanley 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 7.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
24240.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanley, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Stanley in April 2024, the same as the previous month. Of the 24 sold homes, 67% were sold under asking, 21% were sold at asking, and 13% were sold over asking.

Days on Market for Stanley, NC

How long does it take to sell a home in Stanley, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days31 Days+7.2%

Summary: Homes in Stanley had an average of 31 days on market in Apr 2024, up by 7.2% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 24 homes were sold in Stanley; 63% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 8% 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 9 Days Ago

Newest Listings in Stanley, NC

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