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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanfield is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Stanfield, NC

How much do homes in Stanfield, NC cost?

Median Sold Price

$405,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,250(+11.0%)

Key Takeaway

Homes in Stanfield have sold for 11% more than they did a year ago.

Summary: The median home sold price in Stanfield was $405,000 in October 2024, up 11% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $86.5K-
N/A
2 $235.5K$167.5K
-28.9%
3 $378.5K$420K
+11.0%
4 $360K$420K
+16.7%
5+ $390K$680K
+74.4%

Summary: Stanfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.9%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 74.4%.

Median Sold Price Compared To Nearby Cities

Stanfield
+11.0%
Furr Township
+7.9%
Locust
+3.8%

Housing Supply in Stanfield, NC

How many homes are available in Stanfield, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
26260.0%

Summary: The Stanfield real estate market had 26 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1313
0.0%
4 1210
-16.7%
5+ 01
+100.0%

Summary: The Stanfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanfield, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Stanfield in October 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Stanfield, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days61 Days+80.0%

Summary: Homes in Stanfield had an average of 61 days on market in Oct 2024, up by 80% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 Stanfield are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Stanfield; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 17 Days Ago

Newest Listings in Stanfield, NC

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