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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holt is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Holt, MI

How much do homes in Holt, MI cost?

Median Sold Price

$267,766

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$27,766(+11.6%)

Key Takeaway

Homes in Holt have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Holt was $267,766 in February 2024, up 11.6% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $106.5K$19K
-82.2%
2 $140K$157K
+12.2%
3 $229K$260K
+13.5%
4 $304.7K$333K
+9.3%
5+ $316.5K$342K
+8.1%

Summary: Holt housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 82.2%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Holt
+11.6%
Delhi Charter Township
+6.9%
Lansing
+3.9%
Alaiedon Township
+0.7%
Windsor Charter Township
-4.0%

Housing Supply in Holt, MI

How many homes are available in Holt, MI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3638+5.6%

Summary: The Holt real estate market had 38 homes for sale in February 2024, a 5.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1920
+5.3%
4 1110
-9.1%
5+ 02
+100.0%

Summary: The Holt housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
11110.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holt, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Holt in February 2024, the same as the previous month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.

Days on Market for Holt, MI

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

Average Sale Time

Feb 2023Feb 2024CHANGE
32 Days17 Days-46.5%

Summary: Homes in Holt had an average of 17 days on market in Feb 2024, down by 46.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 11 homes were sold in Holt; 73% of homes were sold within 30 days, 27% 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 28 Days Ago

Newest Listings in Holt, MI

Nearby Markets to Holt, MI

What housing markets are near Holt, MI?