Stoneville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Stoneville, NC Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Stoneville Housing Market Information

With 1,038 people, 529 houses or apartments, and a median cost of homes of $107,450, house prices in Stoneville are solidly below the national average.

Single-family detached homes are the single most common housing type in Stoneville, accounting for 75.83% of the town's housing units. Other types of housing that are prevalent in Stoneville include mobile homes or trailers ( 10.43%), large apartment complexes or high rise apartments ( 7.95%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.79%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stoneville. Owner-occupied housing accounts for 71.46% of Stoneville's homes, and 54.47% 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. Stoneville's housing was primarily built during this period, from the '40s through the '60s. A full 43.71% of the town's housing hails from this era. Other housing ages represented in Stoneville include homes built between 1970-1999 ( 32.78%) and housing constructed before 1939 ( 12.75%). There's also some housing in Stoneville built between 2000 and later ( 10.76%).

Vacant housing appears to be an issue in Stoneville. Fully 12.42% of the housing stock is classified as vacant. Left unchecked, vacant Stoneville homes and apartments can be a drag on the real estate market, holding Stoneville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Stoneville Home Appreciation Rates

Stoneville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Stoneville during the period has been just -0.85%, which is lower than 70% of US communities.

Over the last year, Stoneville appreciation rates have trailed the rest of the nation. In the last twelve months, Stoneville's appreciation rate has been -2.79%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Stoneville were at 0.02%, which equates to an annual appreciation rate of 0.09%.

Relative to North Carolina, our data show that Stoneville's latest annual appreciation rate is lower than 90% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$107,450

Stoneville, NC HOME PRICES

Value Range
> $1,006,000 0.0
$755,001 - $1,006,000 0.0
$503,001 - $755,000 0.4
$403,001 - $503,000 0.0
$302,001 - $403,000 4.6
$202,001 - $302,000 11.1
$100,001 - $202,000 37.0
$50,001 - $100,000 29.2
$0 - $50,000 17.7

Low for NC
Low for Nation

Value Relative to Nation Value Relative to State
72.8407359662487 74.5916515426497

Number Of Homes And Apartments:
529

Stoneville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
15.70% 0.85% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$617 / per month

Homeownership Rate

Homeownership
Owners 71.46
Renters 28.54
Vacant 12.42

Housing Market Details

 

Age of Homes

AGE OF Stoneville HOMES
2000 or Newer 10.8
1970 - 1999 32.8
1940 - 1969 43.7
1939 or Older 12.7

Types of Homes

TYPE OF Stoneville HOMES
Single-Family 75.8
Townhomes 0.0
Small Apt. Buildings 5.8
Apt. Complexes 7.9
Mobile Homes 10.4
Other 0.0

Home Size

SIZE OF Stoneville HOMES
No Bedroom 0.50
1 Bedroom 5.79
2 Bedrooms 36.59
3 Bedrooms 45.86
4 Bedrooms 8.61
5 or more bedrooms 2.65

Popular Neighborhoods in Stoneville

Zip Codes in Stoneville, NC