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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holly Springs is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Holly Springs, NC cost?

Median Sold Price

$547,515

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$117,515(+27.3%)

Key Takeaway

Homes in Holly Springs have sold for 27.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $158.5K$236.5K
+49.2%
2 $245K$348K
+42.0%
3 $311K$415K
+33.4%
4 $440K$626.2K
+42.3%
5+ $606K$775.4K
+28.0%

Median Sold Price Compared To Nearby Cities

Buckhorn Township
+35.0%
Holly Springs
+27.3%
Apex
+24.3%
Holly Springs Township
+21.9%
Middle Creek Township
+17.5%

How many homes are available in Holly Springs, NC?

Number of Homes For Sale

Nov 2022Dec 2022%
143103-28.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 31
-66.7%
2 33
0.0%
3 5440
-25.9%
4 5435
-35.2%
5+ 2924
-17.2%

Number of Homes Sold

Nov 2022Dec 2022%
5229-44.2%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holly Springs, you may be able to get a good deal. 69% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
7 Days34 Days+367.4%

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Holly Springs, NC

Number of homes for sale in Holly Springs, NC real estate market have reached 103. The number of homes for sale in Holly Springs, NC decreased by 28% between November 2022 and December 2022. In December 2022 median list price was $547,515 and the average listing age was 34 days. Real estate listing prices changed between November 2022 and December 2022: 1 bedroom properties became 49.2% more expensive, 2 bedrooms properties became 42% more expensive, 3 bedrooms properties became 33.4% more expensive, prices of 4 bedrooms properties went up by 42.3%, prices of 5 bedrooms properties increased by 28%. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 66.7%, 2 bedrooms homes inventory did not change, number of 3 bedrooms homes decreased by 25.9%, 4 bedrooms homes inventory decreased by 35.2%, the quantity of 5 bedrooms homes went down by 17.2%. In December 2022, from all listings sold in Holly Springs, NC there were more than 4 sold above asking price, over 20 sold below and more than 5 were sold right at the asked price.

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