Is Stony Point, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stony Point is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Stony Point has remained a Buyer's Market.

Key Takeaway

Stony Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Stony Point, NC

How much do homes in Stony Point, NC cost?

Median Sold Price

$240,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,000(+9.6%)

Key Takeaway

Homes in Stony Point have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Stony Point was $240,000 in October 2024, up 9.6% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$142.5K
N/A
2 $109.5K$140K
+27.9%
3 $215K$270K
+25.6%
4 $315K$319.9K
+1.6%
5+ --
N/A

Summary: Stony Point 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 27.9%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Stony Point
+9.6%
Concord Township
+4.7%
Shiloh Township
+4.5%

Housing Supply in Stony Point, NC

How many homes are available in Stony Point, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2429+20.8%

Summary: The Stony Point real estate market had 29 homes for sale in October 2024, a 20.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2126
+23.8%
4 11
0.0%
5+ 00
0.0%

Summary: The Stony Point 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 remained the same, 3 bedroom homes increased by 23.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stony Point, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Stony Point in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Stony Point, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days17 Days-58.5%

Summary: Homes in Stony Point had an average of 17 days on market in Oct 2024, down by 58.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Stony Point; 100% of homes were sold within 30 days, 0% 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 Stony Point, NC

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