Is Holly, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Holly has remained a Seller's Market.
Housing Prices in Holly, MI
How much do homes in Holly, MI cost?
Median Sold Price
$275,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Holly was $275,000 in June 2024, up 0.2% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $203.7K | - | N/A |
2 Bedrooms | $183.5K | $195K | +6.3% |
3 Bedrooms | $267.5K | $263K | -1.7% |
4 Bedrooms | $311K | $358K | +15.1% |
5+ Bedrooms | $357.5K | $506K | +41.5% |
Summary: Holly housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 41.5%.
Median Sold Price Compared To Nearby Cities
Rose Township | $350K | $370K | +5.7% |
Holly | $274.5K | $275K | 0.2% |
Holly Township | $275K | $275K | 0.0% |
Housing Supply in Holly, MI
How many homes are available in Holly, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
63 | 70 | +11.1% |
Summary: The Holly real estate market had 70 homes for sale in June 2024, a 11.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 31 | 42 | +35.5% |
4 Bedrooms | 24 | 22 | -8.3% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Holly housing inventory by bedroom type for June 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 35.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
10 | 27 | +170.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Holly in June 2024, up by 170.0% month-over-month. Of the 27 sold homes, 37% were sold under asking, 15% were sold at asking, and 48% were sold over asking.
Days on Market for Holly, MI
How long does it take to sell a home in Holly, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
23 Days | 10 Days | -54.8% |
Summary: Homes in Holly had an average of 10 days on market in Jun 2024, down by 54.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 27 homes were sold in Holly; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.