Is Holly Springs, GA 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, GA
How much do homes in Holly Springs, GA cost?
Median Sold Price
$459,500
$198/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 $459,500 in May 2024, up 2.1% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $285K | $294K | +3.2% |
3 Bedrooms | $375K | $375K | 0.0% |
4 Bedrooms | $485K | $515K | +6.2% |
5+ Bedrooms | $575K | $602.5K | +4.8% |
Summary: Holly Springs 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 increased by 3.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in Holly Springs, GA
How many homes are available in Holly Springs, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
95 | 104 | +9.5% |
Summary: The Holly Springs real estate market had 104 homes for sale in May 2024, a 9.5% 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 | 7 | +75.0% |
3 Bedrooms | 35 | 38 | +8.6% |
4 Bedrooms | 30 | 26 | -13.3% |
5+ Bedrooms | 26 | 33 | +26.9% |
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 increased by 75%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 26.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 35 | +29.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Holly Springs in May 2024, up by 29.6% month-over-month. Of the 33 sold homes, 45% were sold under asking, 24% were sold at asking, and 30% were sold over asking.
Days on Market for Holly Springs, GA
How long does it take to sell a home in Holly Springs, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 13 Days | -10.4% |
Summary: Homes in Holly Springs had an average of 13 days on market in May 2024, down by 10.4% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 35 homes were sold in Holly Springs; 86% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.