Is Holly, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holly is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Holly has remained a Seller's Market.

Key Takeaway

Holly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Holly, MI

How much do homes in Holly, MI cost?

Median Sold Price

$280,000

$172/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since September 2023.

Key Takeaway

The sold price of homes in Holly has remained the same since last year.

Summary: The median home sold price in Holly was $280,000 in September 2024, the same as last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $220K$13.5K
-93.9%
2 $177K$200K
+13.0%
3 $275K$268.5K
-2.4%
4 $360K$352.5K
-2.1%
5+ $292.5K$484K
+65.5%

Summary: Holly housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 93.9%, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 65.5%.

Median Sold Price Compared To Nearby Cities

Holly Township
+1.8%
Rose Township
0.2%
Holly
0.0%

Housing Supply in Holly, MI

How many homes are available in Holly, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
8182+1.2%

Summary: The Holly real estate market had 82 homes for sale in September 2024, a 1.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 55
0.0%
3 4944
-10.2%
4 1824
+33.3%
5+ 88
0.0%

Summary: The Holly housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2318-21.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holly, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 18 homes were sold or pending in Holly in September 2024, down by 21.7% month-over-month. Of the 18 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% 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

Sep 2023Sep 2024CHANGE
11 Days15 Days+42.5%

Summary: Homes in Holly had an average of 15 days on market in Sep 2024, up by 42.5% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Holly are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 18 homes were sold in Holly; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Holly, MI

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