Is Holt, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Holt has remained a Seller's Market.
Housing Prices in Holt, MI
How much do homes in Holt, MI cost?
Median Sold Price
$272,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Holt was $272,000 in May 2024, up 13.3% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $83K | - | N/A |
2 Bedrooms | $153.7K | $145K | -5.7% |
3 Bedrooms | $236K | $261.5K | +10.8% |
4 Bedrooms | $295.6K | $328.9K | +11.3% |
5+ Bedrooms | $322.5K | $378.5K | +17.4% |
Summary: Holt housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 17.4%.
Median Sold Price Compared To Nearby Cities
Delhi Charter Township | $247.1K | $280.5K | +13.5% |
Holt | $240K | $272K | +13.3% |
Lansing | $139.4K | $149.9K | +7.5% |
Alaiedon Township | $260K | $275.5K | +6.0% |
Windsor Charter Township | $270.7K | $284K | +4.9% |
Housing Supply in Holt, MI
How many homes are available in Holt, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
49 | 51 | +4.1% |
Summary: The Holt real estate market had 51 homes for sale in May 2024, a 4.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 24 | 25 | +4.2% |
4 Bedrooms | 18 | 18 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Holt housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 14 | -22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Holt in May 2024, down by 22.2% month-over-month. Of the 14 sold homes, 21% were sold under asking, 7% were sold at asking, and 71% were sold over asking.
Days on Market for Holt, MI
How long does it take to sell a home in Holt, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 29 Days | +131.8% |
Summary: Homes in Holt had an average of 29 days on market in May 2024, up by 131.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Holt; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.