Is Stanly County, 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, Stanly County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $90K | -14.3% |
2 Bedrooms | $173.3K | $179.9K | +3.8% |
3 Bedrooms | $278.1K | $296.8K | +6.7% |
4 Bedrooms | $368K | $406.7K | +10.5% |
5+ Bedrooms | $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 | $148K | $166.2K | +12.3% |
Stanly County | $273.1K | $299.9K | +9.8% |
Montgomery County | $210.7K | $228.2K | +8.3% |
Union County | $444.6K | $456.3K | +2.6% |
Cabarrus County | $340.8K | $341.7K | 0.3% |
Housing Supply in Stanly County, NC
How many homes are available in Stanly County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
383 | 414 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 22 | +29.4% |
2 Bedrooms | 73 | 76 | +4.1% |
3 Bedrooms | 191 | 222 | +16.2% |
4 Bedrooms | 75 | 71 | -5.3% |
5+ Bedrooms | 27 | 23 | -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 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 79 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 70 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
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.