Stanley appreciation rates and housing market information

Stanley housing market information

With 3,073 people, 1,315 houses or apartments, and a median cost of homes of $139,473, Stanley real estate and house prices are near the national average for all cities and towns.

single-family detached homes are the single most common housing type in Stanley, accounting for 79.01% of the town's housing units. Other types of housing that are prevalent in Stanley include duplexes, homes converted to apartments, or other small apartment buildings (8.21%), large apartment complexes or high rise apartments (6.84%), mobile homes or trailers (4.71%), and a few row houses and other attached homes (1.22%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Stanley. Owner-occupied housing accounts for 67.07% of Stanley's homes, and 60.54% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Stanley built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Stanley built from 1940-1969 (39.16%). A lesser amount of the housing stock also hails from 1939 and earlier (11.49%), and some were built from 1995 and later (11.49%).

Stanley home appreciation rates

Appreciation rates for homes in Stanley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 78.34%, which ranks in the top 40% nationwide. This equates to an annual average Stanley house appreciation rate of 7.83%.

Appreciation rates are so strong in Stanley that despite a nationwide downturn in the housing market, Stanley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Stanley appreciation rates continue to be some of the highest in America, at 3.40%, which is higher than appreciation rates in 79% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Stanley. Stanley appreciation rates in the latest quarter were at 0.21%, which equates to an annual appreciation rate of 0.84%.

Relative to North Carolina, our data show that Stanley's latest annual appreciation rate is higher than 70% of the other cities and towns in North Carolina.