Is Holly Springs, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holly Springs is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Holly Springs has remained a Seller's Market.

Key Takeaway

Holly Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Holly Springs, NC

How much do homes in Holly Springs, NC cost?

Median Sold Price

$569,301

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$15,937(-2.7%)

Key Takeaway

Homes in Holly Springs have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Holly Springs was $569,301 in April 2024, down 2.7% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $236.5K$417.5K
+76.5%
2 $305K$322.5K
+5.7%
3 $437K$450K
+3.0%
4 $615.3K$590K
-4.1%
5+ $725K$739K
+1.9%

Summary: Holly Springs housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.5%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Cities

Buckhorn Township
+2.7%
Middle Creek Township
+2.1%
Apex
+1.6%
Holly Springs
-2.7%
Holly Springs Township
-3.1%

Housing Supply in Holly Springs, NC

How many homes are available in Holly Springs, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
177180+1.7%

Summary: The Holly Springs real estate market had 180 homes for sale in April 2024, a 1.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 44
0.0%
3 4944
-10.2%
4 7477
+4.1%
5+ 4954
+10.2%

Summary: The Holly Springs 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 remained the same, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 10.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5649-12.5%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holly Springs, you could pay more than the asking price. 51% of homes here sold above asking price last month.

Summary: A total of 49 homes were sold or pending in Holly Springs in April 2024, down by 12.5% month-over-month. Of the 49 sold homes, 33% were sold under asking, 16% were sold at asking, and 51% were sold over asking.

Days on Market for Holly Springs, NC

How long does it take to sell a home in Holly Springs, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
99 Days14 Days-85.1%

Summary: Homes in Holly Springs had an average of 14 days on market in Apr 2024, down by 85.1% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Holly Springs are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 49 homes were sold in Holly Springs; 80% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Holly Springs, NC

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