Is Mount Holly, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Mount Holly has remained a Seller's Market.
Key Takeaway
Mount Holly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Holly, NC
How much do homes in Mount Holly, NC cost?
Median Sold Price
$341,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mount Holly have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Mount Holly was $341,000 in March 2024, down 2.4% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | - | N/A |
| 2 Bedrooms | $236K | $246.7K | +4.6% |
| 3 Bedrooms | $325K | $330.7K | +1.8% |
| 4 Bedrooms | $425K | $418.7K | -1.5% |
| 5+ Bedrooms | $472K | $670K | +41.9% |
Summary: Mount Holly 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 4.6%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 41.9%.
Median Sold Price Compared To Nearby Cities
| Riverbend Township | $336K | $350K | +4.2% |
| Mount Holly | $349.4K | $341K | -2.4% |
| South Point Township | $378.7K | $369.6K | -2.4% |
| Belmont | $440K | $402.1K | -8.6% |
Housing Supply in Mount Holly, NC
How many homes are available in Mount Holly, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 111 | 130 | +17.1% |
Summary: The Mount Holly real estate market had 130 homes for sale in March 2024, a 17.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 22 | 23 | +4.5% |
| 3 Bedrooms | 61 | 71 | +16.4% |
| 4 Bedrooms | 21 | 26 | +23.8% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Mount Holly housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 32 | +33.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Holly, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Mount Holly in March 2024, up by 33.3% month-over-month. Of the 32 sold homes, 47% were sold under asking, 38% were sold at asking, and 16% were sold over asking.
Days on Market for Mount Holly, NC
How long does it take to sell a home in Mount Holly, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 45 Days | 36 Days | -19.1% |
Summary: Homes in Mount Holly had an average of 36 days on market in Mar 2024, down by 19.1% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Holly are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 32 homes were sold in Mount Holly; 72% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.