Is Holly Ridge, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Holly Ridge was a Seller's Market.
Key Takeaway
Holly Ridge is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Holly Ridge, NC
How much do homes in Holly Ridge, NC cost?
Median Sold Price
$410,368
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Holly Ridge have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Holly Ridge was $410,368 in March 2024, up 6.6% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $277.5K | +26.1% |
| 3 Bedrooms | $304.3K | $345K | +13.4% |
| 4 Bedrooms | $506.4K | $552.5K | +9.1% |
| 5+ Bedrooms | $489.8K | $872.5K | +78.1% |
Summary: Holly Ridge 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 increased by 26.1%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 78.1%.
Median Sold Price Compared To Nearby Cities
| Stump Sound Township | $341.3K | $364.5K | +6.8% |
| Holly Ridge | $385K | $410.3K | +6.6% |
Housing Supply in Holly Ridge, NC
How many homes are available in Holly Ridge, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 135 | 158 | +17.0% |
Summary: The Holly Ridge real estate market had 158 homes for sale in March 2024, a 17.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 58 | 68 | +17.2% |
| 4 Bedrooms | 54 | 61 | +13.0% |
| 5+ Bedrooms | 11 | 17 | +54.5% |
Summary: The Holly Ridge housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 54.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 26 | +30.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holly Ridge, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Holly Ridge in March 2024, up by 30.0% month-over-month. Of the 26 sold homes, 42% were sold under asking, 38% were sold at asking, and 19% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 42 Days | -18.7% |
Summary: Homes in Holly Ridge had an average of 42 days on market in Mar 2024, down by 18.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Holly Ridge are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 26 homes were sold in Holly Ridge; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
