Is Holly Springs, 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 Springs has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $236.5K | $417.5K | +76.5% |
2 Bedrooms | $305K | $322.5K | +5.7% |
3 Bedrooms | $437K | $450K | +3.0% |
4 Bedrooms | $615.3K | $590K | -4.1% |
5+ Bedrooms | $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 | $625.3K | $642K | +2.7% |
Middle Creek Township | $475.1K | $484.9K | +2.1% |
Apex | $575.1K | $584.3K | +1.6% |
Holly Springs | $585.2K | $569.3K | -2.7% |
Holly Springs Township | $579.5K | $561.3K | -3.1% |
Housing Supply in Holly Springs, NC
How many homes are available in Holly Springs, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
177 | 180 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 49 | 44 | -10.2% |
4 Bedrooms | 74 | 77 | +4.1% |
5+ Bedrooms | 49 | 54 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 49 | -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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
99 Days | 14 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
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.