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Gastonia Times

Wednesday, November 6, 2024

Stanley home prices fall in June 2020

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The median sale price of a home sold in June 2020 in Stanley fell by $85,000 while total sales increased by 71.4%, according to BlockShopper.com.

In June 2020, there were 12 homes sold, with a median sale price of $165,000 - a 34% decrease over the $250,000 median sale price for the same period of the previous year. There were seven homes sold in Stanley in June 2019.

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

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

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Mount Holly2330-23.3%$203,000$194,7504.2%
Lowell48-50%$198,000$193,0002.6%
Cramerton11110%$183,000$388,000-52.8%
Gastonia17213824.6%$175,000$171,2502.2%
High Shoals13-66.7%$175,000$112,50055.6%
Stanley12771.4%$165,000$250,000-34%
Dallas21205%$156,000$182,500-14.5%
Fallcrest10-$152,000$0-
Yorkwood12-50%$143,000$135,2505.7%
Cherryville12850%$138,500$100,00038.5%
West Cramerton10-$113,500$0-

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