$7,452 Closing Credit*
$627,500
2,666 SqFt
4 Beds
•2 Full Baths, 1 Partial
Melinda Gaye Griengl Schott, Listing Office: Daymark Realty
Is Holly Springs Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$610,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,485(+7.5%)
Key Takeaway
Homes in Holly Springs Township have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Holly Springs Township was $610,000 in October 2024, up 7.5% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | - | N/A |
| 2 Bedrooms | $385K | $330K | -14.3% |
| 3 Bedrooms | $442K | $442.9K | 0.2% |
| 4 Bedrooms | $592.7K | $645.8K | +9.0% |
| 5+ Bedrooms | $725K | $799K | +10.2% |
Summary: Holly Springs Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
| Buckhorn Township | $599.5K | $680K | +13.4% |
| Holly Springs Township | $567.5K | $610K | +7.5% |
| Apex | $574.5K | $612.5K | +6.6% |
| Middle Creek Township | $470K | $499.9K | +6.4% |
| Holly Springs | $579.9K | $616.2K | +6.2% |
Housing Supply in Holly Springs Township, NC
How many homes are available in Holly Springs Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 243 | 258 | +6.2% |
Summary: The Holly Springs Township real estate market had 258 homes for sale in October 2024, a 6.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 1 | -83.3% |
| 3 Bedrooms | 89 | 96 | +7.9% |
| 4 Bedrooms | 93 | 99 | +6.5% |
| 5+ Bedrooms | 53 | 60 | +13.2% |
Summary: The Holly Springs Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 83.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 13.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 67 | +11.7% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holly Springs Township, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Holly Springs Township in October 2024, up by 11.7% month-over-month. Of the 67 sold homes, 55% were sold under asking, 21% were sold at asking, and 24% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 29 Days | -52.2% |
Summary: Homes in Holly Springs Township had an average of 29 days on market in Oct 2024, down by 52.2% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Holly Springs Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 67 homes were sold in Holly Springs Township; 66% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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