$4,263 Closing Credit*
$359,000
2,005 SqFt
5 Beds
•2 Full Baths
John S Bedard, Listing Office: Legacy Property Partners
Is Holland, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$347,260
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,260(+6.8%)
Key Takeaway
Homes in Holland have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Holland was $347,260 in November 2024, up 6.8% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192.5K | $223.5K | +16.1% |
| 2 Bedrooms | $249.1K | $275K | +10.4% |
| 3 Bedrooms | $312.7K | $331K | +5.8% |
| 4 Bedrooms | $384.9K | $394.9K | +2.6% |
| 5+ Bedrooms | $490K | $555K | +13.3% |
Summary: Holland 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 10.4%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Cities
| Holland Charter Township | $325K | $350K | +7.7% |
| Holland | $325K | $347.5K | +7.0% |
| Holland | $325K | $347.2K | +6.8% |
| Park Township | $410K | $435K | +6.1% |
Housing Supply in Holland, MI
How many homes are available in Holland, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 339 | 303 | -10.6% |
Summary: The Holland real estate market had 303 homes for sale in November 2024, a 10.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 5 | -37.5% |
| 2 Bedrooms | 66 | 57 | -13.6% |
| 3 Bedrooms | 134 | 110 | -17.9% |
| 4 Bedrooms | 94 | 88 | -6.4% |
| 5+ Bedrooms | 37 | 43 | +16.2% |
Summary: The Holland 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 17.9%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 16.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 97 | 87 | -10.3% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holland, 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 in November 2024, down by 10.3% 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, MI
How long does it take to sell a home in Holland, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 37 Days | +17.5% |
Summary: Homes in Holland had an average of 37 days on market in Nov 2024, up by 17.5% 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
Key Takeaway
Many homes in Holland are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 87 homes were sold in Holland; 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.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
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.