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 November 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

$360,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+9.1%)

Key Takeaway

Homes in Stanley have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Stanley was $360,000 in November 2024, up 9.1% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $60K-
N/A
2 $155K$210K
+35.5%
3 $317.5K$350K
+10.2%
4 $507.5K$419.9K
-17.3%
5+ $690K$645K
-6.5%

Summary: Stanley 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 35.5%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes decreased by 6.5%.

Median Sold Price Compared To Nearby Cities

Stanley
+9.1%
Riverbend Township
+5.8%
Dallas Township
+5.0%

Housing Supply in Stanley, NC

How many homes are available in Stanley, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9182-9.9%

Summary: The Stanley real estate market had 82 homes for sale in November 2024, a 9.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 5144
-13.7%
4 2825
-10.7%
5+ 43
-25.0%

Summary: The Stanley 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 25%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2217-22.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 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. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Stanley in November 2024, down by 22.7% month-over-month. Of the 17 sold homes, 65% were sold under asking, 12% were sold at asking, and 24% 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

Nov 2023Nov 2024CHANGE
25 Days39 Days+57.7%

Summary: Homes in Stanley had an average of 39 days on market in Nov 2024, up by 57.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 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 November 2024, 17 homes were sold in Stanley; 59% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 24% 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

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