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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holly Springs Township is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Holly Springs Township, NC

How much do homes in Holly Springs Township, NC cost?

Median Sold Price

$583,444

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$8,444(+1.5%)

Key Takeaway

Homes in Holly Springs Township have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Holly Springs Township was $583,444 in June 2024, up 1.5% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $236.5K$417.5K
+76.5%
2 $335K$330K
-1.5%
3 $435.6K$440K
+1.0%
4 $606K$618K
+2.0%
5+ $725K$765.6K
+5.6%

Summary: Holly Springs Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.5%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 5.6%.

Median Sold Price Compared To Nearby Cities

Buckhorn Township
+8.4%
Apex
+4.7%
Middle Creek Township
+3.2%
Holly Springs Township
+1.5%
Holly Springs
+1.4%

Housing Supply in Holly Springs Township, NC

How many homes are available in Holly Springs Township, NC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
300274-8.7%

Summary: The Holly Springs Township real estate market had 274 homes for sale in June 2024, a 8.7% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 8084
+5.0%
4 125111
-11.2%
5+ 8972
-19.1%

Summary: The Holly Springs 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 increased by 20%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes decreased by 19.1%.

Number of Homes Sold

May 2024Jun 2024CHANGE
9288-4.3%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

40 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holly Springs Township, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 88 homes were sold or pending in Holly Springs Township in June 2024, down by 4.3% month-over-month. Of the 88 sold homes, 32% were sold under asking, 23% were sold at asking, and 45% were sold over asking.

Days on Market for Holly Springs Township, NC

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

Average Sale Time

Jun 2023Jun 2024CHANGE
70 Days19 Days-72.9%

Summary: Homes in Holly Springs Township had an average of 19 days on market in Jun 2024, down by 72.9% compared to last year.

Breakdown of Home Sale Times

75 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 88 homes were sold in Holly Springs Township; 85% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% 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 23 Days Ago

Newest Listings in Holly Springs Township, NC

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What housing markets are near Holly Springs Township, NC?