Is Holly Township, MI 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 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
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | - | N/A |
| 2 Bedrooms | $200K | $187.9K | -6.0% |
| 3 Bedrooms | $270K | $265K | -1.9% |
| 4 Bedrooms | $317K | $355K | +12.0% |
| 5+ Bedrooms | $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 | $279.2K | $345K | +23.6% |
| Fenton | $305.1K | $345K | +13.1% |
| Fenton Charter Township | $321.7K | $345K | +7.2% |
| Holly | $270K | $275K | +1.9% |
| Holly Township | $275K | $275K | 0.0% |
Housing Supply in Holly Township, MI
How many homes are available in Holly Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 54 | 63 | +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
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 25 | 33 | +32.0% |
| 4 Bedrooms | 15 | 20 | +33.3% |
| 5+ Bedrooms | 4 | 4 | 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 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 19 | +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
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 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 48 Days | 54 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
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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.