Is Holly Ridge, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holly Ridge is a seller's market

Buyer's
Market

Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Holly Ridge, NC

How much do homes in Holly Ridge, NC cost?

Median Sold Price

$425,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$66,775(+18.6%)

Key Takeaway

Homes in Holly Ridge have sold for 18.6% more than they did a year ago.

Summary: The median home sold price in Holly Ridge was $425,000 in January 2024, up 18.6% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 --
N/A
2 $220K$310K
+40.9%
3 $300K$345K
+15.0%
4 $499.4K$524.9K
+5.1%
5+ $465K$850K
+82.8%

Summary: Holly Ridge housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.9%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 82.8%.

Median Sold Price Compared To Nearby Cities

Holly Ridge
+18.6%
Stump Sound Township
+6.4%

Housing Supply in Holly Ridge, NC

How many homes are available in Holly Ridge, NC?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
101109+7.9%

Summary: The Holly Ridge real estate market had 109 homes for sale in January 2024, a 7.9% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 4748
+2.1%
4 3942
+7.7%
5+ 710
+42.9%

Summary: The Holly Ridge housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
1822+22.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holly Ridge, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 22 homes were sold or pending in Holly Ridge in January 2024, up by 22.2% month-over-month. Of the 22 sold homes, 32% were sold under asking, 55% were sold at asking, and 14% were sold over asking.

Days on Market for Holly Ridge, NC

How long does it take to sell a home in Holly Ridge, NC?

Average Sale Time

Jan 2023Jan 2024CHANGE
42 Days32 Days-24.6%

Summary: Homes in Holly Ridge had an average of 32 days on market in Jan 2024, down by 24.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 22 homes were sold in Holly Ridge; 59% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% 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 20 Days Ago

Newest Listings in Holly Ridge, NC

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