Is Stallings, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Stallings has remained a Seller's Market.
Key Takeaway
Stallings is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stallings, NC
How much do homes in Stallings, NC cost?
Median Sold Price
$422,550
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Stallings have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Stallings was $422,550 in May 2024, down 0.9% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | $300K | -6.3% |
| 3 Bedrooms | $377.5K | $370K | -2.0% |
| 4 Bedrooms | $495K | $527K | +6.5% |
| 5+ Bedrooms | $563K | $575.9K | +2.3% |
Summary: Stallings 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 decreased by 6.3%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Cities
| Matthews | $484.5K | $525.5K | +8.5% |
| Indian Trail | $418.2K | $426.6K | +2.0% |
| Vance Township | $423.7K | $426.4K | +0.6% |
| Stallings | $426.4K | $422.5K | -0.9% |
Housing Supply in Stallings, NC
How many homes are available in Stallings, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 62 | 72 | +16.1% |
Summary: The Stallings real estate market had 72 homes for sale in May 2024, a 16.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 31 | 32 | +3.2% |
| 4 Bedrooms | 17 | 24 | +41.2% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Stallings 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 decreased by 20%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stallings, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Stallings in May 2024, the same as the previous month. Of the 18 sold homes, 39% were sold under asking, 28% were sold at asking, and 33% were sold over asking.
Days on Market for Stallings, NC
How long does it take to sell a home in Stallings, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 18 Days | 21 Days | +16.1% |
Summary: Homes in Stallings had an average of 21 days on market in May 2024, up by 16.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stallings are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 18 homes were sold in Stallings; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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