Is Holland Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holland Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Holland Township has remained a Seller's Market.

Key Takeaway

Holland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Holland Township, MI

How much do homes in Holland Township, MI cost?

Median Sold Price

$347,444

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,715(+7.0%)

Key Takeaway

Homes in Holland Township have sold for 7% more than they did a year ago.

Summary: The median home sold price in Holland Township was $347,444 in November 2024, up 7% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $192.5K$223.5K
+16.1%
2 $247.1K$275K
+11.3%
3 $311.9K$330.7K
+6.0%
4 $385K$399.9K
+3.9%
5+ $490K$554K
+13.1%

Summary: Holland Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.1%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 13.1%.

Housing Supply in Holland Township, MI

How many homes are available in Holland Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
338304-10.1%

Summary: The Holland Township real estate market had 304 homes for sale in November 2024, a 10.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 85
-37.5%
2 6657
-13.6%
3 134111
-17.2%
4 9388
-5.4%
5+ 3743
+16.2%

Summary: The Holland Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 16.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
9687-9.4%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holland Township, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 87 homes were sold or pending in Holland Township in November 2024, down by 9.4% month-over-month. Of the 87 sold homes, 53% were sold under asking, 22% were sold at asking, and 25% were sold over asking.

Days on Market for Holland Township, MI

How long does it take to sell a home in Holland Township, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days37 Days+60.1%

Summary: Homes in Holland Township had an average of 37 days on market in Nov 2024, up by 60.1% compared to last year.

Breakdown of Home Sale Times

63 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 87 homes were sold in Holland Township; 72% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 8% 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 17 Days Ago

Newest Listings in Holland Township, MI

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