Stanly County, North Carolina Housing Market Prices
Stanly County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 6% above the North Carolina median More expensive than 79% of counties in North Carolina$296,127
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Median rent 30% below the North Carolina median$861
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Stanly County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $296,127 | $278,288 | $248,835 |
| Price Trend (Annual %) | 19.1% | 9.3% | 7.5% |
| Median Gross Rent | $861 | $1,227 | $1,407 |
| Rent Trend (Annual %) | 3.1% | 5.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Stanly County is about 6% higher than in North Carolina. Rent is about 30% lower than the North Carolina average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Stanly County, up about 19.1% and 3.1% a year respectively. Home prices are changing faster.
Median rent in Stanly County rose about 31.7% between 2015 and 2024, from $653 to $861. Over the same span, rent in North Carolina rose about 54.2%.
Affordability
On average, housing unit costs 4.9 yearly household incomes in Stanly County.
Buying the median-priced home in Stanly County costs roughly 28.7 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Stanly County. The price-to-rent ratio in North Carolina is about 18.9.
| Metric | Stanly County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $296,127 | $278,288 | $248,835 |
| Median Household Income | $60,751 | $72,438 | $80,455 |
| Price-to-Income Ratio | 4.9 | 3.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Stanly County rose about 294.4%, while median household income rose about 34.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Stanly County | North Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.6% | 58.3% | 58.5% |
| Rental Rate | 22.5% | 29.2% | 31.2% |
| Vacancy Rate | 11.8% | 12.5% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Stanly County has a homeownership rate of 65.6%, higher than the North Carolina average of 58.3%. Its housing vacancy rate is 11.8%, compared with 12.5% in North Carolina.
Housing Stock
| Metric | Stanly County | North Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.48 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1978 | 1989 | 1978 |
| Median Number of Rooms | 5.6 | 5.6 | 5.5 |
The typical housing unit in Stanly County was built around 1978. On average, 2.5 people live in a home with about 5.6 rooms, staying for about 18.0 years on average.
Stanly County, NC Housing Compared With Nearby Counties
Stanly County, NC is the 4th largest of the 6 counties compared here, 64,639 residents against a local median of 149,851. Stanly County, NC's median home price, at $296,127, runs 30% above the $227,299 typical of the counties around it.
The counties themselves spread $297,567 on median home price, so Stanly County, NC sits at one end of an already wide local range rather than apart from it. Stanly County, NC has the 2nd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Stanly County, NC | 64,639 | $296,127 #2/6 | $861 #4/6 | 74.5% #3/6 |
| Cabarrus County, NC | 236,149 | $227,299 | $1,414 | 71.2% |
| Montgomery County, NC | 26,004 | $172,580 | $766 | 75.0% |
| Anson County, NC | 22,289 | $122,368 | $814 | 68.5% |
| Rowan County, NC | 149,851 | $250,144 | $1,013 | 72.3% |
| Union County, NC | 250,888 | $419,934 | $1,495 | 81.6% |
Frequently Asked Questions
Common questions about the housing market in Stanly County, North Carolina.
What is the median home price in Stanly County, North Carolina?
The median home price in Stanly County, North Carolina is $296,127, higher than the North Carolina average of $278,288.
What is the average home price in Stanly County, North Carolina?
The typical home price in Stanly County, North Carolina, reported as the median sale price, is $296,127. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Stanly County, North Carolina?
The median gross rent in Stanly County, North Carolina is $861 per month, lower than the North Carolina average of $1,227.
What was the median gross rent in Stanly County in 2020?
In 2020, the median gross rent in Stanly County, North Carolina was $753 per month.
What is the price-to-rent ratio in Stanly County, North Carolina?
The price-to-rent ratio in Stanly County, North Carolina is about 28.7, meaning it would take roughly 28.7 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Stanly County.
Are home prices or rent rising faster in Stanly County, North Carolina?
Both home prices and rent are rising in Stanly County, up about 19.1% and 3.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Stanly County, North Carolina?
65.6% of households in Stanly County, North Carolina own their home, higher than the North Carolina average of 58.3%.
What is the vacancy rate in Stanly County, North Carolina?
The housing vacancy rate in Stanly County, North Carolina is 11.8%, lower than the North Carolina average of 12.5%.
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