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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanley is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Stanley, NC

How much do homes in Stanley, NC cost?

Median Sold Price

$355,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+7.6%)

Key Takeaway

Homes in Stanley have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Stanley was $355,000 in October 2024, up 7.6% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $60K-
N/A
2 $155K$207K
+33.5%
3 $320K$336K
+5.0%
4 $525K$427.8K
-18.5%
5+ $690K$650K
-5.8%

Summary: Stanley 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 increased by 33.5%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes decreased by 5.8%.

Median Sold Price Compared To Nearby Cities

Riverbend Township
+8.2%
Stanley
+7.6%
Dallas Township
+3.0%

Housing Supply in Stanley, NC

How many homes are available in Stanley, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8490+7.1%

Summary: The Stanley real estate market had 90 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 48
+100.0%
3 5453
-1.9%
4 2326
+13.0%
5+ 33
0.0%

Summary: The Stanley 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 decreased by 1.9%, 4 bedroom homes increased by 13%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1618+12.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanley, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Stanley in October 2024, up by 12.5% month-over-month. Of the 18 sold homes, 50% were sold under asking, 28% were sold at asking, and 22% were sold over asking.

Days on Market for Stanley, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days29 Days+33.1%

Summary: Homes in Stanley had an average of 29 days on market in Oct 2024, up by 33.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 18 homes were sold in Stanley; 72% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 11% 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 20 Days Ago

Newest Listings in Stanley, NC

Nearby Markets to Stanley, NC

What housing markets are near Stanley, NC?