Is Stony Point, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stony Point is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Stony Point has remained a Buyer's Market.

Key Takeaway

Stony Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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 April 2023

+$8,900(+3.8%)

Key Takeaway

Homes in Stony Point have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Stony Point was $243,900 in April 2024, up 3.8% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$142.5K
N/A
2 $66.5K$140K
+110.5%
3 $242.5K$256K
+5.6%
4 $503.3K$315K
-37.4%
5+ $700K-
N/A

Summary: Stony Point 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 increased by 110.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 37.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Concord Township
+11.4%
Stony Point
+3.8%
Shiloh Township
0.3%

Housing Supply in Stony Point, NC

How many homes are available in Stony Point, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1923+21.1%

Summary: The Stony Point real estate market had 23 homes for sale in April 2024, a 21.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 1416
+14.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Stony Point 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 increased by 66.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stony Point, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Stony Point in April 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Apr 2023Apr 2024CHANGE
2 Days130 Days+6433.3%

Summary: Homes in Stony Point had an average of 130 days on market in Apr 2024, up by 6433.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Stony Point; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 Stony Point, NC

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