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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanly County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Stanly County, NC

How much do homes in Stanly County, NC cost?

Median Sold Price

$299,991

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$26,882(+9.8%)

Key Takeaway

Homes in Stanly County have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Stanly County was $299,991 in March 2024, up 9.8% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $105K$90K
-14.3%
2 $173.3K$179.9K
+3.8%
3 $278.1K$296.8K
+6.7%
4 $368K$406.7K
+10.5%
5+ $513.5K$424.6K
-17.3%

Summary: Stanly County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 17.3%.

Median Sold Price Compared To Nearby Counties

Anson County
+12.3%
Stanly County
+9.8%
Montgomery County
+8.3%
Union County
+2.6%
Cabarrus County
0.3%

Housing Supply in Stanly County, NC

How many homes are available in Stanly County, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
383414+8.1%

Summary: The Stanly County real estate market had 414 homes for sale in March 2024, a 8.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1722
+29.4%
2 7376
+4.1%
3 191222
+16.2%
4 7571
-5.3%
5+ 2723
-14.8%

Summary: The Stanly County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 29.4%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 16.2%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 14.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
6579+21.5%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanly County, you may be able to get a good deal. 67.1% of homes here sold below asking price last month.

Summary: A total of 79 homes were sold or pending in Stanly County in March 2024, up by 21.5% month-over-month. Of the 79 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for Stanly County, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
58 Days70 Days+19.7%

Summary: Homes in Stanly County had an average of 70 days on market in Mar 2024, up by 19.7% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

28 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 79 homes were sold in Stanly County; 44% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 35% 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 27 Days Ago

Newest Listings in Stanly County, NC

Nearby Markets to Stanly County, NC

What housing markets are near Stanly County, NC?