Is Holly Springs, 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 has remained a Seller's Market.
Housing Prices in Holly Springs, NC
How much do homes in Holly Springs, NC cost?
Median Sold Price
$588,262
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Holly Springs was $588,262 in May 2024, up 0.6% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $236.5K | $417.5K | +76.5% |
2 Bedrooms | $320K | $325K | +1.6% |
3 Bedrooms | $435K | $453.7K | +4.3% |
4 Bedrooms | $614.5K | $616.5K | 0.3% |
5+ Bedrooms | $725.2K | $740K | +2.0% |
Summary: Holly Springs 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 1.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 2%.
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, NC
How many homes are available in Holly Springs, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
207 | 228 | +10.1% |
Summary: The Holly Springs real estate market had 228 homes for sale in May 2024, a 10.1% 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 | 48 | 66 | +37.5% |
4 Bedrooms | 91 | 81 | -11.0% |
5+ Bedrooms | 63 | 76 | +20.6% |
Summary: The Holly Springs 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 37.5%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes increased by 20.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
54 | 71 | +31.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 71 homes were sold or pending in Holly Springs in May 2024, up by 31.5% month-over-month. Of the 71 sold homes, 28% were sold under asking, 31% were sold at asking, and 41% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
91 Days | 12 Days | -85.8% |
Summary: Homes in Holly Springs had an average of 12 days on market in May 2024, down by 85.8% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 71 homes were sold in Holly Springs; 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.