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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stonehaven is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Stonehaven, NC

How much do homes in Stonehaven, NC cost?

Median Sold Price

$650,000

$282/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$123,000(+23.3%)

Key Takeaway

Homes in Stonehaven have sold for 23.3% more than they did a year ago.

Summary: The median home sold price in Stonehaven was $650,000 in August 2024, up 23.3% from last year, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $227.5K$237K
+4.2%
3 $493K$507.5K
+2.9%
4 $576.4K$716.1K
+24.2%
5+ $665K$866.2K
+30.3%

Summary: Stonehaven housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 30.3%.

Housing Supply in Stonehaven, NC

How many homes are available in Stonehaven, NC?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1826+44.4%

Summary: The Stonehaven real estate market had 26 homes for sale in August 2024, a 44.4% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 00
0.0%
3 913
+44.4%
4 710
+42.9%
5+ 23
+50.0%

Summary: The Stonehaven housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stonehaven, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Stonehaven in August 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.

Days on Market for Stonehaven, NC

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

Average Sale Time

Aug 2023Aug 2024CHANGE
13 Days14 Days+9.4%

Summary: Homes in Stonehaven had an average of 14 days on market in Aug 2024, up by 9.4% compared to last year.

Breakdown of Home Sale Times

7 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 Stonehaven are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 9 homes were sold in Stonehaven; 78% of homes were sold within 30 days, 22% 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 27 Days Ago

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