$4,928 Closing Credit*
$415,000
1,691 SqFt
3 Beds
•2 Full Baths, 1 Partial
Sheryl Ward, Listing Office: Fonville Morisey/Cary Sales
Is Holly Springs, NC 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, Holly Springs has remained a Seller's Market.
Key Takeaway
Holly Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Holly Springs, NC
How much do homes in Holly Springs, NC cost?
Median Sold Price
$625,720
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,720(+8.8%)
Key Takeaway
Homes in Holly Springs have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Holly Springs was $625,720 in November 2024, up 8.8% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | - | N/A |
| 2 Bedrooms | $330K | $330K | 0.0% |
| 3 Bedrooms | $452.7K | $439.5K | -2.9% |
| 4 Bedrooms | $604.6K | $663.2K | +9.7% |
| 5+ Bedrooms | $715K | $790K | +10.5% |
Summary: Holly Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Buckhorn Township | $599.9K | $683K | +13.8% |
| Holly Springs Township | $564.9K | $615K | +8.9% |
| Holly Springs | $575K | $625.7K | +8.8% |
| Middle Creek Township | $469.9K | $507.5K | +8.0% |
| Apex | $575K | $614.6K | +6.9% |
Housing Supply in Holly Springs, NC
How many homes are available in Holly Springs, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 222 | 169 | -23.9% |
Summary: The Holly Springs real estate market had 169 homes for sale in November 2024, a 23.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 89 | 66 | -25.8% |
| 4 Bedrooms | 78 | 61 | -21.8% |
| 5+ Bedrooms | 51 | 37 | -27.5% |
Summary: The Holly Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 25.8%, 4 bedroom homes decreased by 21.8%, and 5+ bedroom homes decreased by 27.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 50 | -13.8% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holly Springs, you may be able to get a good deal. 58% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in Holly Springs in November 2024, down by 13.8% month-over-month. Of the 50 sold homes, 58% were sold under asking, 30% were sold at asking, and 12% were sold over asking.
Days on Market for Holly Springs, NC
How long does it take to sell a home in Holly Springs, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 26 Days | -51.5% |
Summary: Homes in Holly Springs had an average of 26 days on market in Nov 2024, down by 51.5% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Holly Springs are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 50 homes were sold in Holly Springs; 66% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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