Is Holly Springs Township, 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 Township has remained a Seller's Market.
Key Takeaway
Holly Springs Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Holly Springs Township, NC
How much do homes in Holly Springs Township, NC cost?
Median Sold Price
$561,319
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Holly Springs Township have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Holly Springs Township was $561,319 in April 2024, down 3.1% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $236.5K | $417.5K | +76.5% |
| 2 Bedrooms | $322.5K | $355K | +10.1% |
| 3 Bedrooms | $440.1K | $440K | 0% |
| 4 Bedrooms | $610K | $587.1K | -3.7% |
| 5+ Bedrooms | $731.9K | $749.1K | +2.4% |
Summary: Holly Springs Township 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 10.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 2.4%.
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 Township, NC
How many homes are available in Holly Springs Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 217 | 216 | -0.5% |
Summary: The Holly Springs Township real estate market had 216 homes for sale in April 2024, a 0.5% decrease 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 | 66 | 56 | -15.2% |
| 4 Bedrooms | 93 | 99 | +6.5% |
| 5+ Bedrooms | 53 | 56 | +5.7% |
Summary: The Holly Springs 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 remained the same, 3 bedroom homes decreased by 15.2%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 5.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 69 | 58 | -15.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holly Springs Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 58 homes were sold or pending in Holly Springs Township in April 2024, down by 15.9% month-over-month. Of the 58 sold homes, 31% were sold under asking, 19% were sold at asking, and 50% were sold over asking.
Days on Market for Holly Springs Township, NC
How long does it take to sell a home in Holly Springs Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 98 Days | 35 Days | -64.2% |
Summary: Homes in Holly Springs Township had an average of 35 days on market in Apr 2024, down by 64.2% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Holly Springs Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 58 homes were sold in Holly Springs Township; 78% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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