Is Stanly County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanly County is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Stanly County was a Seller's Market.

Key Takeaway

Stanly County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Stanly County, NC

How much do homes in Stanly County, NC cost?

Median Sold Price

$304,512

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,788(+3.7%)

Key Takeaway

Homes in Stanly County have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Stanly County was $304,512 in November 2024, up 3.7% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $90.5K$136K
+50.3%
2 $171.5K$192.5K
+12.2%
3 $292.7K$299.3K
+2.3%
4 $380K$421.6K
+11.0%
5+ $423.6K$468K
+10.5%

Summary: Stanly County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.3%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 10.5%.

Median Sold Price Compared To Nearby Counties

Anson County
+20.9%
Cabarrus County
+6.5%
Montgomery County
+4.1%
Stanly County
+3.7%
Union County
+3.3%

Housing Supply in Stanly County, NC

How many homes are available in Stanly County, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
443448+1.1%

Summary: The Stanly County real estate market had 448 homes for sale in November 2024, a 1.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2424
0.0%
2 6967
-2.9%
3 241257
+6.6%
4 8980
-10.1%
5+ 2020
0.0%

Summary: The Stanly County 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 decreased by 2.9%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7367-8.2%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanly County, you may be able to get a good deal. 61.2% of homes here sold below asking price last month.

Summary: A total of 67 homes were sold or pending in Stanly County in November 2024, down by 8.2% month-over-month. Of the 67 sold homes, 61% were sold under asking, 31% were sold at asking, and 7% were sold over asking.

Days on Market for Stanly County, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days39 Days+2.3%

Summary: Homes in Stanly County had an average of 39 days on market in Nov 2024, up by 2.3% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 67 homes were sold in Stanly County; 54% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 10% 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 21 Days Ago

Newest Listings in Stanly County, NC

Nearby Markets to Stanly County, NC

What housing markets are near Stanly County, NC?