Is Holly Township, 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 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
$170/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since June 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 June 2024, the same as last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $203.7K | - | N/A |
| 2 Bedrooms | $185K | $205K | +10.8% |
| 3 Bedrooms | $271.3K | $265K | -2.3% |
| 4 Bedrooms | $317K | $365K | +15.1% |
| 5+ Bedrooms | $357.5K | $506K | +41.5% |
Summary: Holly Township 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 10.8%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 41.5%.
Median Sold Price Compared To Nearby Cities
| Fenton | $313.8K | $338.7K | +7.9% |
| Fenton | $315K | $339.6K | +7.8% |
| Fenton Charter Township | $324.2K | $339.9K | +4.8% |
| Holly | $274.5K | $275K | 0.2% |
| 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
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 65 | 72 | +10.8% |
Summary: The Holly Township real estate market had 72 homes for sale in June 2024, a 10.8% 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 31 | 43 | +38.7% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Holly Township 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 16.7%, 3 bedroom homes increased by 38.7%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 11 | 27 | +145.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holly Township, you could pay more than the asking price. 48.1% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Holly Township in June 2024, up by 145.5% 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 Township, MI
How long does it take to sell a home in Holly Township, MI?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 23 Days | 10 Days | -54.8% |
Summary: Homes in Holly Township 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
Key Takeaway
Many homes in Holly Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 27 homes were sold in Holly Township; 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.
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Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.