$4,511 Closing Credit*
$379,900
2,030 SqFt
5 Beds
•2 Full Baths, 1 Partial
Andrew Boehm, Listing Office: RE/MAX Lakeshore
Is Holland, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Holland has remained a Seller's Market.
Key Takeaway
Holland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Holland, MI
How much do homes in Holland, MI cost?
Median Sold Price
$344,862
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,862(+7.1%)
Key Takeaway
Homes in Holland have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Holland was $344,862 in October 2024, up 7.1% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192.5K | $218K | +13.2% |
| 2 Bedrooms | $249.1K | $270K | +8.4% |
| 3 Bedrooms | $310.4K | $332.6K | +7.2% |
| 4 Bedrooms | $384.9K | $389.9K | +1.3% |
| 5+ Bedrooms | $490K | $555K | +13.3% |
Summary: Holland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Cities
| Holland Charter Township | $321.6K | $347.5K | +8.1% |
| Holland | $321.2K | $344.8K | +7.4% |
| Holland | $322K | $344.8K | +7.1% |
| Park Township | $403.6K | $430.5K | +6.7% |
Housing Supply in Holland, MI
How many homes are available in Holland, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 342 | 351 | +2.6% |
Summary: The Holland real estate market had 351 homes for sale in October 2024, a 2.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 56 | 64 | +14.3% |
| 3 Bedrooms | 132 | 131 | -0.8% |
| 4 Bedrooms | 101 | 105 | +4.0% |
| 5+ Bedrooms | 47 | 43 | -8.5% |
Summary: The Holland housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 8.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 98 | 90 | -8.2% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holland, you may be able to get a good deal. 48.9% of homes here sold below asking price last month.
Summary: A total of 90 homes were sold or pending in Holland in October 2024, down by 8.2% month-over-month. Of the 90 sold homes, 49% were sold under asking, 22% were sold at asking, and 29% were sold over asking.
Days on Market for Holland, MI
How long does it take to sell a home in Holland, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 27 Days | +45.1% |
Summary: Homes in Holland had an average of 27 days on market in Oct 2024, up by 45.1% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Holland are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 90 homes were sold in Holland; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.