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 May 2021

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.

How much do homes in Holly, MI cost?

Median Sold Price

$192,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$26,750(+16.2%)

Key Takeaway

Homes in Holly have sold for 16.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 -$184K
N/A
2 $147.7K$175K
+18.4%
3 $170K$194.3K
+14.3%
4 $215.5K$265.5K
+23.2%
5+ $260K-
N/A

Median Sold Price Compared To Nearby Cities

Holly
+16.2%
Holly Township
+12.8%
Rose Township
+9.3%

How many homes are available in Holly, MI?

Number of Homes For Sale

Apr 2022May 2022%
2324+4.3%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 24
+100.0%
3 1515
0.0%
4 65
-16.7%
5+ 00
0.0%

Number of Homes Sold

Apr 2022May 2022%
108-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holly, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
2 Days24 Days+832.8%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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.

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

About Holly, MI

There are 24 homes are for sale in Holly, MI real estate market. Between April 2022 and May 2022, Holly, MI real estate market has seen increase in the number of listings by 4.3%. Listings spent 24 days on the market in May 2022, and had a median list price of $192,000 during the same period. Real estate listing prices changed between April 2022 and May 2022: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 18.4%, prices of 3 bedrooms properties increased by 14.3%, prices of 4 bedrooms properties increased by 23.2%, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory increased by 100%, the quantity of 3 bedrooms homes have not changed, the quantity of 4 bedrooms homes went down by 16.7%, the quantity of 5 bedrooms homes have not changed. Holly, MI housing market in May 2022 saw over 6 listings sold above listed price, more than 0 sold at listed price and over 2 sold below.

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