Is Stonewall Township, 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, Stonewall Township was a Neutral Market.
Key Takeaway
Stonewall Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stonewall Township, NC
How much do homes in Stonewall Township, NC cost?
Median Sold Price
$271,500
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Stonewall Township have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Stonewall Township was $271,500 in May 2024, up 2.5% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $68.7K | -72.5% |
| 3 Bedrooms | $189.5K | $243.9K | +28.8% |
| 4 Bedrooms | $300.5K | $326.5K | +8.6% |
| 5+ Bedrooms | $432.5K | $489K | +13.1% |
Summary: Stonewall Township 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 72.5%, 3 bedroom homes increased by 28.8%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
| Stonewall Township | $265K | $271.5K | +2.5% |
| McLauchlin Township | $274K | $280.2K | +2.3% |
| Lumber Bridge Township | $274.9K | $271.5K | -1.3% |
Housing Supply in Stonewall Township, NC
How many homes are available in Stonewall Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The Stonewall Township real estate market had 12 homes for sale in May 2024, a 14.3% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Stonewall Township 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stonewall Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Stonewall Township in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Stonewall Township, NC
How long does it take to sell a home in Stonewall Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 117 Days | 42 Days | -63.9% |
Summary: Homes in Stonewall Township had an average of 42 days on market in May 2024, down by 63.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Stonewall Township has remained consistent over time.
Summary: During May 2024, 4 homes were sold in Stonewall Township; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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