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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Stanley, NC Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Stanley, NC Housing Market Trends

With 4,040 people, 1,455 houses or apartments, and a median cost of homes of $258,977, 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 87.07% 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 ( 8.06%), row houses and other attached homes ( 3.18%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stanley. Owner-occupied housing accounts for 66.71% of Stanley's homes, and 64.46% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Stanley's housing was primarily built during this period, from the '40s through the '60s. A full 36.39% of the town's housing hails from this era. Other housing ages represented in Stanley include homes built between 1970-1999 ( 32.88%) and housing constructed between 2000 and later ( 15.79%). There's also some housing in Stanley built before 1939 ( 14.94%).

Stanley Home Appreciation Rates

In the last 10 years, Stanley has experienced some of the highest home appreciation rates of any community in the nation. Stanley real estate appreciated 115.70% over the last ten years, which is an average annual home appreciation rate of 7.99%, putting Stanley in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Stanley definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Stanley appreciation rates have trailed the rest of the nation. In the last twelve months, Stanley's appreciation rate has been 4.60%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Stanley were at 0.72%, which equates to an annual appreciation rate of 2.90%.

Relative to North Carolina, our data show that Stanley's latest annual appreciation rate is lower than 80% of the other cities and towns in North Carolina.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Stanley differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Stanley - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Stanley real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$258,977

Stanley, NC Home Prices
> $1,371,000
$1,029,001 - $1,371,000
$686,001 - $1,029,000
$549,001 - $686,000
$411,001 - $549,000
$274,001 - $411,000
$137,001 - $274,000
$69,001 - $137,000
$0 - $69,000
0.0%
0.0%
0.4%
0.4%
1.5%
1.5%
5.0%
5.0%
12.3%
12.3%
23.8%
23.8%
41.9%
41.9%
8.9%
8.9%
6.1%
6.1%
0% 100.0%
% of Homes
Average

for North carolina

Average

for nation

Number of Homes And Apartments:

1,455

Stanley Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,791 / per month

Homeownership Rate

Owners
Renters
66.7%
66.7%
33.3%
33.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.5%
5.5%
94.5%
94.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.8%
15.8%
32.9%
32.9%
36.4%
36.4%
14.9%
14.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
87.1%
87.1%
3.2%
3.2%
8.1%
8.1%
0.7%
0.7%
1.0%
1.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.5%
0.5%
0.4%
0.4%
32.4%
32.4%
55.9%
55.9%
8.5%
8.5%
2.3%
2.3%
0% 100.0%
% of Homes