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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stallings is a seller's market

Buyer's
Market

Difference Since November 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

$440,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,333(+3.4%)

Key Takeaway

Homes in Stallings have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Stallings was $440,000 in November 2024, up 3.4% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $290K$299K
+3.1%
3 $365.7K$380K
+3.9%
4 $500K$535K
+7.0%
5+ $650K$680K
+4.6%

Summary: Stallings housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Cities

Matthews
+5.7%
Stallings
+3.4%
Hemby Bridge
+1.5%
Indian Trail
0.1%
Vance Township
-0.4%

Housing Supply in Stallings, NC

How many homes are available in Stallings, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6355-12.7%

Summary: The Stallings real estate market had 55 homes for sale in November 2024, a 12.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 4034
-15.0%
4 1212
0.0%
5+ 75
-28.6%

Summary: The Stallings housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1618+12.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stallings, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Stallings in November 2024, up by 12.5% month-over-month. Of the 18 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% 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

Nov 2023Nov 2024CHANGE
16 Days28 Days+73.3%

Summary: Homes in Stallings had an average of 28 days on market in Nov 2024, up by 73.3% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 18 homes were sold in Stallings; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

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