Is Stony Point, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Stony Point was a Seller's Market.
Housing Prices in Stony Point, NC
How much do homes in Stony Point, NC cost?
Median Sold Price
$223,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Stony Point was $223,000 in May 2024, down 7.7% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $142.5K | N/A |
2 Bedrooms | $66.5K | $140K | +110.5% |
3 Bedrooms | $221.5K | $248.9K | +12.4% |
4 Bedrooms | $315K | $410K | +30.2% |
5+ Bedrooms | $700K | - | N/A |
Summary: Stony Point housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 110.5%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 30.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Sharpes Township | $168.7K | $210K | +24.4% |
Concord Township | $335.2K | $367.5K | +9.7% |
Shiloh Township | $279.1K | $290K | +3.9% |
Stony Point | $241.5K | $223K | -7.7% |
Housing Supply in Stony Point, NC
How many homes are available in Stony Point, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 22 | 0.0% |
Summary: The Stony Point real estate market had 22 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 15 | 16 | +6.7% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Stony Point housing inventory by bedroom type for May 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 6.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Stony Point in May 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
101 Days | 91 Days | -9.2% |
Summary: Homes in Stony Point had an average of 91 days on market in May 2024, down by 9.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Stony Point; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.