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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holly Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Holly Township, MI

How much do homes in Holly Township, MI cost?

Median Sold Price

$275,000

$165/sqft

Based on all homes sold in the last 12 months.

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

Key Takeaway

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

Summary: The median home sold price in Holly Township was $275,000 in March 2024, the same as last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $220K-
N/A
2 $200K$187.9K
-6.0%
3 $270K$265K
-1.9%
4 $317K$355K
+12.0%
5+ $357.5K$546K
+52.7%

Summary: Holly Township 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 decreased by 6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 52.7%.

Median Sold Price Compared To Nearby Cities

Fenton
+23.6%
Fenton
+13.1%
Fenton Charter Township
+7.2%
Holly
+1.9%
Holly Township
0.0%

Housing Supply in Holly Township, MI

How many homes are available in Holly Township, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5463+16.7%

Summary: The Holly Township real estate market had 63 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 106
-40.0%
3 2533
+32.0%
4 1520
+33.3%
5+ 44
0.0%

Summary: The Holly Township 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 40%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1419+35.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 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 Township, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Holly Township in March 2024, up by 35.7% month-over-month. Of the 19 sold homes, 47% were sold under asking, 21% were sold at asking, and 32% were sold over asking.

Days on Market for Holly Township, MI

How long does it take to sell a home in Holly Township, MI?

Average Sale Time

Mar 2023Mar 2024CHANGE
48 Days54 Days+13.2%

Summary: Homes in Holly Township had an average of 54 days on market in Mar 2024, up by 13.2% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 19 homes were sold in Holly Township; 68% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 26% 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 21 Days Ago

Newest Listings in Holly Township, MI

Nearby Markets to Holly Township, MI

What housing markets are near Holly Township, MI?