Is Holly Ridge, NC 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 Ridge has remained a Seller's Market.
Key Takeaway
Holly Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Holly Ridge, NC
How much do homes in Holly Ridge, NC cost?
Median Sold Price
$404,583
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Holly Ridge have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Holly Ridge was $404,583 in April 2024, up 3.4% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $265K | +20.5% |
| 3 Bedrooms | $310K | $345K | +11.3% |
| 4 Bedrooms | $508K | $555K | +9.2% |
| 5+ Bedrooms | $546.2K | $872.5K | +59.7% |
Summary: Holly Ridge 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 20.5%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 59.7%.
Median Sold Price Compared To Nearby Cities
| Stump Sound Township | $345K | $365K | +5.8% |
| Holly Ridge | $391.3K | $404.5K | +3.4% |
Housing Supply in Holly Ridge, NC
How many homes are available in Holly Ridge, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 160 | 174 | +8.8% |
Summary: The Holly Ridge real estate market had 174 homes for sale in April 2024, a 8.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 67 | 74 | +10.4% |
| 4 Bedrooms | 64 | 64 | 0.0% |
| 5+ Bedrooms | 17 | 22 | +29.4% |
Summary: The Holly Ridge 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 18.2%, 3 bedroom homes increased by 10.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 34 | +25.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holly Ridge, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Holly Ridge in April 2024, up by 25.9% month-over-month. Of the 34 sold homes, 44% were sold under asking, 41% were sold at asking, and 15% were sold over asking.
Days on Market for Holly Ridge, NC
How long does it take to sell a home in Holly Ridge, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 67 Days | 58 Days | -12.9% |
Summary: Homes in Holly Ridge had an average of 58 days on market in Apr 2024, down by 12.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Holly Ridge are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 34 homes were sold in Holly Ridge; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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