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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Holly is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Mount Holly was a Seller's Market.

Key Takeaway

Mount Holly is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mount Holly, NC

How much do homes in Mount Holly, NC cost?

Median Sold Price

$360,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$15,000(+4.3%)

Key Takeaway

Homes in Mount Holly have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Mount Holly was $360,000 in September 2024, up 4.3% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$198K
N/A
2 $242.9K$245K
+0.8%
3 $325K$338.8K
+4.3%
4 $425K$430K
+1.2%
5+ $580K$507.5K
-12.5%

Summary: Mount Holly housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 12.5%.

Median Sold Price Compared To Nearby Cities

Riverbend Township
+8.0%
South Point Township
+5.0%
Mount Holly
+4.3%
Belmont
-3.5%

Housing Supply in Mount Holly, NC

How many homes are available in Mount Holly, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
136131-3.7%

Summary: The Mount Holly real estate market had 131 homes for sale in September 2024, a 3.7% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 1411
-21.4%
3 6973
+5.8%
4 4037
-7.5%
5+ 129
-25.0%

Summary: The Mount Holly housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
4421-52.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Holly, you may be able to get a good deal. 38.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Mount Holly in September 2024, down by 52.3% month-over-month. Of the 21 sold homes, 38% were sold under asking, 38% were sold at asking, and 24% were sold over asking.

Days on Market for Mount Holly, NC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
10 Days32 Days+208.5%

Summary: Homes in Mount Holly had an average of 32 days on market in Sep 2024, up by 208.5% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 21 homes were sold in Mount Holly; 71% of homes were sold within 30 days, 24% 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 29 Days Ago

Newest Listings in Mount Holly, NC

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What housing markets are near Mount Holly, NC?