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Wednesday, November 6, 2024

Stanley home prices fall in February 2020

Re 7

The median sale price of a home sold in February 2020 in Stanley fell by $3,500 while total sales decreased by 7.7%, according to BlockShopper.com.

In February 2020, there were 12 homes sold, with a median sale price of $151,500 - a 2.3% decrease over the $155,000 median sale price for the same period of the previous year. There were 13 homes sold in Stanley in February 2019.

The median sales tax in Stanley for the most recent year with available data, 2019, was $1,592, approximately 1.1% of the median home sale price for February 2020.

The following table compares Stanley to other Gaston County cities with similar median sales prices in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Lowell35-40%$219,000$131,50066.5%
Mount Holly1718-5.6%$210,000$173,00021.4%
Ranlo115120%$178,000$170,0004.7%
Ashebrook Park10-$176,000$0-
Gastonia1189031.1%$160,000$135,50018.1%
Stanley1213-7.7%$151,500$155,000-2.3%
Dallas151136.4%$146,000$155,000-5.8%
Yorkwood10-$125,500$0-
Fallcrest20-$112,500$0-
Bessemer City151050%$107,500$127,500-15.7%
Kings Mountain220%$95,000$115,000-17.4%

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