Is Holly Grove, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holly Grove is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Holly Grove has remained a Buyer's Market.

Key Takeaway

Holly Grove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Holly Grove, LA

How much do homes in Holly Grove, LA cost?

Median Sold Price

$165,000

$108/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$55,000(+50.0%)

Key Takeaway

Homes in Holly Grove have sold for 50% more than they did a month ago.

Summary: The median home sold price in Holly Grove was $165,000 in December 2024, up 50% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$165K
N/A
3 --
N/A
4 -$185K
N/A
5+ $110K-
N/A

Summary: Holly Grove housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Lakewood
+70.5%
Holly Grove
+50.0%

Housing Supply in Holly Grove, LA

How many homes are available in Holly Grove, LA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4039-2.5%

Summary: The Holly Grove real estate market had 39 homes for sale in December 2024, a 2.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1515
0.0%
4 79
+28.6%
5+ 118
-27.3%

Summary: The Holly Grove housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 27.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holly Grove, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Holly Grove in December 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Holly Grove, LA

How long does it take to sell a home in Holly Grove, LA?

Average Sale Time

Nov 2024Dec 2024CHANGE
144 Days27 Days-81.3%

Summary: Homes in Holly Grove had an average of 27 days on market in Dec 2024, down by 81.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Holly Grove are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Holly Grove; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Holly Grove, LA

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