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 November 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

$397,500

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+10.4%)

Key Takeaway

Homes in Stanfield have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Stanfield was $397,500 in November 2024, up 10.4% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $86.5K-
N/A
2 $235.5K$167.5K
-28.9%
3 $374K$392.5K
+4.9%
4 $360K$440K
+22.2%
5+ $390K$680K
+74.4%

Summary: Stanfield 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 decreased by 28.9%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 74.4%.

Median Sold Price Compared To Nearby Cities

Stanfield
+10.4%
Furr Township
+7.2%
Locust
+2.8%

Housing Supply in Stanfield, NC

How many homes are available in Stanfield, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2628+7.7%

Summary: The Stanfield real estate market had 28 homes for sale in November 2024, a 7.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1315
+15.4%
4 109
-10.0%
5+ 11
0.0%

Summary: The Stanfield 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 increased by 50%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Stanfield in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% 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

Nov 2023Nov 2024CHANGE
45 Days22 Days-49.7%

Summary: Homes in Stanfield had an average of 22 days on market in Nov 2024, down by 49.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 8 homes were sold in Stanfield; 75% of homes were sold within 30 days, 25% 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 17 Days Ago

Newest Listings in Stanfield, NC

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