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 May 2023
Since last year, Holly Springs Township has remained a Seller's Market.
Housing Prices in Holly Springs Township, NC
How much do homes in Holly Springs Township, NC cost?
Median Sold Price
$571,500
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Holly Springs Township was $571,500 in May 2024, down 0.8% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $236.5K | $417.5K | +76.5% |
2 Bedrooms | $327.5K | $375K | +14.5% |
3 Bedrooms | $439.8K | $444K | +1.0% |
4 Bedrooms | $608.5K | $600.3K | -1.3% |
5+ Bedrooms | $738K | $750K | +1.6% |
Summary: Holly Springs Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.5%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Cities
Buckhorn Township | $615K | $643.1K | +4.6% |
Middle Creek Township | $474.9K | $487.9K | +2.7% |
Apex | $575K | $589K | +2.4% |
Holly Springs | $584.6K | $588.2K | +0.6% |
Holly Springs Township | $576.2K | $571.5K | -0.8% |
Housing Supply in Holly Springs Township, NC
How many homes are available in Holly Springs Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
251 | 275 | +9.6% |
Summary: The Holly Springs Township real estate market had 275 homes for sale in May 2024, a 9.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 61 | 79 | +29.5% |
4 Bedrooms | 119 | 111 | -6.7% |
5+ Bedrooms | 66 | 80 | +21.2% |
Summary: The Holly Springs Township 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 29.5%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 21.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
65 | 82 | +26.2% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 82 homes were sold or pending in Holly Springs Township in May 2024, up by 26.2% month-over-month. Of the 82 sold homes, 27% were sold under asking, 37% were sold at asking, and 37% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
93 Days | 12 Days | -86.5% |
Summary: Homes in Holly Springs Township had an average of 12 days on market in May 2024, down by 86.5% compared to last year.
Breakdown of Home Sale Times
73 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 82 homes were sold in Holly Springs Township; 89% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.