Is Stony Point, NC 28678 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Stony Point is a buyer’s market. With about 12.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.3Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$188▼ −2.8% vs. last year

The Stony Point housing market right now

In the three months ending August 31, 2026, 17% of homes in Stony Point, NC 28678 sold above their list price, the typical home went under contract in 37 days and there were 12.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold faster (66 days then) and the median sale price fell 28% to $263,136. Overall, Stony Point is more competitive than a year ago, so tougher for buyers.

Within Iredell County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 88%.

Nearby, buyers who want less competition could look at Union Grove 28689 (0% sold over asking) or Olin 28660 (0% sold over asking), while Harmony 28634 (43% sold over asking) is even more competitive.

Nearby markets

Harmony 28634Balanced $219 /sq ftMooresville 28115Balanced $192 /sq ftMooresville 28117Balanced $257 /sq ftOlin 28660Balanced $222 /sq ft Browse all markets →

Where Stony Point is

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Questions about Stony Point real estate

Is Stony Point a buyer’s or seller’s market?

A buyer’s market: there were 12.3 months of supply in Stony Point, NC 28678 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Stony Point?

The typical home went under contract in 37 days in the latest three months.

Do homes in Stony Point sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.

What are property taxes in Stony Point?

About 0.61% of a home’s value a year in Iredell County, or roughly $2,440 on a $400,000 home.

What is the median home price in Stony Point?

The median sale price was $263,136 in the three months ending August 31, 2026, about $188 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology