Is Holly, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Holly has remained a Seller's Market.
Housing Prices in Holly, MI
How much do homes in Holly, MI cost?
Median Sold Price
$275,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Holly was $275,000 in April 2024, up 1.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | - | N/A |
2 Bedrooms | $177K | $186K | +5.1% |
3 Bedrooms | $260K | $264K | +1.5% |
4 Bedrooms | $306.5K | $366.5K | +19.6% |
5+ Bedrooms | $300K | $506K | +68.7% |
Summary: Holly housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 68.7%.
Median Sold Price Compared To Nearby Cities
Rose Township | $349.9K | $355K | +1.5% |
Holly | $271.3K | $275K | +1.4% |
Holly Township | $280K | $275K | -1.8% |
Housing Supply in Holly, MI
How many homes are available in Holly, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 54 | -8.5% |
Summary: The Holly real estate market had 54 homes for sale in April 2024, a 8.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 29 | 25 | -13.8% |
4 Bedrooms | 20 | 19 | -5.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Holly housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 17 | -19.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Holly in April 2024, down by 19.0% month-over-month. Of the 17 sold homes, 47% were sold under asking, 12% were sold at asking, and 41% were sold over asking.
Days on Market for Holly, MI
How long does it take to sell a home in Holly, MI?
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Holly; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.