Is Holly Ridge, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Holly Ridge has remained a Seller's Market.
Key Takeaway
Holly Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Holly Ridge, NC
How much do homes in Holly Ridge, NC cost?
Median Sold Price
$402,746
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Holly Ridge has remained the same since last year.
Summary: The median home sold price in Holly Ridge was $402,746 in May 2024, the same as last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $226K | $227K | 0.4% |
| 3 Bedrooms | $320K | $346.4K | +8.3% |
| 4 Bedrooms | $520K | $538K | +3.5% |
| 5+ Bedrooms | $606K | $895K | +47.7% |
Summary: Holly Ridge housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 47.7%.
Median Sold Price Compared To Nearby Cities
| Stump Sound Township | $346.5K | $366.3K | +5.7% |
| Holly Ridge | $402.6K | $402.7K | 0.0% |
Housing Supply in Holly Ridge, NC
How many homes are available in Holly Ridge, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 183 | 182 | -0.5% |
Summary: The Holly Ridge real estate market had 182 homes for sale in May 2024, a 0.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 78 | 72 | -7.7% |
| 4 Bedrooms | 70 | 72 | +2.9% |
| 5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The Holly Ridge housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 36 | 39 | +8.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holly Ridge, you may be able to get a good deal. 41% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Holly Ridge in May 2024, up by 8.3% month-over-month. Of the 39 sold homes, 41% were sold under asking, 36% were sold at asking, and 23% were sold over asking.
Days on Market for Holly Ridge, NC
How long does it take to sell a home in Holly Ridge, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 44 Days | +42.0% |
Summary: Homes in Holly Ridge had an average of 44 days on market in May 2024, up by 42% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Holly Ridge are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 39 homes were sold in Holly Ridge; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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