Is Holly Springs Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holly Springs Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Holly Springs Township, NC

How much do homes in Holly Springs Township, NC cost?

Median Sold Price

$615,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,005(+8.9%)

Key Takeaway

Homes in Holly Springs Township have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Holly Springs Township was $615,000 in November 2024, up 8.9% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $360K-
N/A
2 $364.5K$335K
-8.1%
3 $450K$446K
-0.9%
4 $587.5K$654K
+11.3%
5+ $725K$799.4K
+10.3%

Summary: Holly Springs Township 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 decreased by 8.1%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Cities

Buckhorn Township
+13.8%
Holly Springs Township
+8.9%
Holly Springs
+8.8%
Middle Creek Township
+8.0%
Apex
+6.9%

Housing Supply in Holly Springs Township, NC

How many homes are available in Holly Springs Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
260204-21.5%

Summary: The Holly Springs Township real estate market had 204 homes for sale in November 2024, a 21.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 23
+50.0%
3 9878
-20.4%
4 9778
-19.6%
5+ 6143
-29.5%

Summary: The Holly Springs Township 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 20.4%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes decreased by 29.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6959-14.5%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holly Springs Township, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.

Summary: A total of 59 homes were sold or pending in Holly Springs Township in November 2024, down by 14.5% month-over-month. Of the 59 sold homes, 56% were sold under asking, 29% were sold at asking, and 15% were sold over asking.

Days on Market for Holly Springs Township, NC

How long does it take to sell a home in Holly Springs Township, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days27 Days-50.8%

Summary: Homes in Holly Springs Township had an average of 27 days on market in Nov 2024, down by 50.8% compared to last year.

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 59 homes were sold in Holly Springs Township; 64% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 5% 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 Holly Springs Township, NC

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What housing markets are near Holly Springs Township, NC?