Is Holly Township, 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 Township has remained a Seller's Market.
Key Takeaway
Holly Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Holly Township, MI
How much do homes in Holly Township, MI cost?
Median Sold Price
$275,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Holly Township have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Holly Township was $275,000 in April 2024, down 1.8% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | - | N/A |
| 2 Bedrooms | $200K | $189.9K | -5.1% |
| 3 Bedrooms | $270K | $265K | -1.9% |
| 4 Bedrooms | $311K | $367.5K | +18.2% |
| 5+ Bedrooms | $357.5K | $506K | +41.5% |
Summary: Holly Township 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 decreased by 5.1%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 41.5%.
Median Sold Price Compared To Nearby Cities
| Fenton | $285K | $345.1K | +21.1% |
| Fenton | $305K | $345K | +13.1% |
| Fenton Charter Township | $320K | $346.2K | +8.2% |
| Holly | $271.3K | $275K | +1.4% |
| Holly Township | $280K | $275K | -1.8% |
Housing Supply in Holly Township, MI
How many homes are available in Holly Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 61 | 57 | -6.6% |
Summary: The Holly Township real estate market had 57 homes for sale in April 2024, a 6.6% 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 | 9 | +50.0% |
| 3 Bedrooms | 30 | 26 | -13.3% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Holly Township 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 50%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holly Township, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Holly Township in April 2024, down by 26.1% 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 Township, MI
How long does it take to sell a home in Holly Township, 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
Key Takeaway
Many homes in Holly Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in Holly Township; 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.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.