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Saturday, November 2, 2024

February 2021: Stanley experienced a 15.5% increase in median home prices

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The median sale price of a home sold in February 2021 in Stanley rose by $23,500 while total sales increased by 41.7%, according to BlockShopper.com.

In February 2021, there were 17 homes sold, with a median sale price of $175,000 - a 15.5% increase over the $151,500 median sale price for the same period of the previous year. There were 12 homes sold in Stanley in February 2020.

The median sales tax in Stanley for the most recent year with available data, 2019, was $1,592, approximately 0.9% of the median home sale price for February 2021.

The following table compares Stanley to other Gaston County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Vinton Woods10-$232,000$0-
Cramerton410-60%$206,500$227,500-9.2%
Goshen Grove10-$205,000$0-
Dallas191526.7%$187,500$146,00028.4%
Lowell23-33.3%$182,500$219,000-16.7%
Stanley171241.7%$175,000$151,50015.5%
Gastonia14111819.5%$170,000$160,0006.3%
Cherryville196216.7%$160,000$50,500216.8%
Springdale10-$158,000$0-
Ranlo811-27.3%$153,750$178,000-13.6%
Bessemer City171513.3%$145,000$107,50034.9%

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