Is Holly Springs Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Holly Springs Township has remained a Seller's Market.
Housing Prices in Holly Springs Township, NC
How much do homes in Holly Springs Township, NC cost?
Median Sold Price
$563,026
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Holly Springs Township was $563,026 in February 2024, down 3.9% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $236.5K | $417.5K | +76.5% |
2 Bedrooms | $330K | $335K | +1.5% |
3 Bedrooms | $440K | $443K | +0.7% |
4 Bedrooms | $615.6K | $586.9K | -4.7% |
5+ Bedrooms | $738K | $731.2K | -0.9% |
Summary: Holly Springs Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.5%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Cities
Middle Creek Township | $474.9K | $479.2K | +0.9% |
Apex | $575.1K | $575.8K | 0.1% |
Holly Springs | $588.4K | $570.9K | -3.0% |
Holly Springs Township | $585.9K | $563K | -3.9% |
Buckhorn Township | $656.7K | $618.2K | -5.9% |
Housing Supply in Holly Springs Township, NC
How many homes are available in Holly Springs Township, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
218 | 195 | -10.6% |
Summary: The Holly Springs Township real estate market had 195 homes for sale in February 2024, a 10.6% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 70 | 61 | -12.9% |
4 Bedrooms | 95 | 79 | -16.8% |
5+ Bedrooms | 50 | 51 | +2.0% |
Summary: The Holly Springs Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.9%, 4 bedroom homes decreased by 16.8%, and 5+ bedroom homes increased by 2%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
56 | 68 | +21.4% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in Holly Springs Township in February 2024, up by 21.4% month-over-month. Of the 68 sold homes, 63% were sold under asking, 18% were sold at asking, and 19% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
128 Days | 99 Days | -22.0% |
Summary: Homes in Holly Springs Township had an average of 99 days on market in Feb 2024, down by 22% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
35 Homes Were Sold
Over 90 Days
Summary: During February 2024, 68 homes were sold in Holly Springs Township; 9% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 51% of homes were sold over 90 days.