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 October 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

$343,941

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,708(+7.1%)

Key Takeaway

Homes in Holland Township have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Holland Township was $343,941 in October 2024, up 7.1% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $192.5K$218K
+13.2%
2 $248.3K$265.9K
+7.1%
3 $310.5K$332.6K
+7.1%
4 $385K$389.9K
+1.3%
5+ $490K$554K
+13.1%

Summary: Holland Township 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 7.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 13.1%.

Median Sold Price Compared To Nearby Cities

Holland Township
+7.1%
Falmouth
+5.3%

Housing Supply in Holland Township, MI

How many homes are available in Holland Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
337348+3.3%

Summary: The Holland Township real estate market had 348 homes for sale in October 2024, a 3.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 68
+33.3%
2 5664
+14.3%
3 131132
+0.8%
4 98102
+4.1%
5+ 4642
-8.7%

Summary: The Holland Township 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 increased by 0.8%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 8.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
9888-10.2%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

26 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. 50% of homes here sold below asking price last month.

Summary: A total of 88 homes were sold or pending in Holland Township in October 2024, down by 10.2% month-over-month. Of the 88 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% 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

Oct 2023Oct 2024CHANGE
19 Days27 Days+43.7%

Summary: Homes in Holland Township had an average of 27 days on market in Oct 2024, up by 43.7% compared to last year.

Breakdown of Home Sale Times

65 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

6 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 October 2024, 88 homes were sold in Holland Township; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% 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

Nearby Markets to Holland Township, MI

What housing markets are near Holland Township, MI?