Is Holly Springs, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Holly Springs has remained a Seller's Market.
Key Takeaway
Holly Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Holly Springs, GA
How much do homes in Holly Springs, GA cost?
Median Sold Price
$477,500
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Holly Springs have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Holly Springs was $477,500 in March 2024, up 6.1% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $279K | $295K | +5.7% |
| 3 Bedrooms | $376K | $377K | 0.3% |
| 4 Bedrooms | $472K | $528K | +11.9% |
| 5+ Bedrooms | $585K | $600K | +2.6% |
Summary: Holly Springs housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in Holly Springs, GA
How many homes are available in Holly Springs, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 64 | 82 | +28.1% |
Summary: The Holly Springs real estate market had 82 homes for sale in March 2024, a 28.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 24 | 30 | +25.0% |
| 4 Bedrooms | 21 | 30 | +42.9% |
| 5+ Bedrooms | 14 | 18 | +28.6% |
Summary: The Holly Springs housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 20 | +33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holly Springs, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Holly Springs in March 2024, up by 33.3% month-over-month. Of the 19 sold homes, 42% were sold under asking, 37% were sold at asking, and 21% were sold over asking.
Days on Market for Holly Springs, GA
How long does it take to sell a home in Holly Springs, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 25 Days | 21 Days | -14.2% |
Summary: Homes in Holly Springs had an average of 21 days on market in Mar 2024, down by 14.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Holly Springs are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 20 homes were sold in Holly Springs; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.