Is Holly, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holly is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Holly is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Holly, TX

How much do homes in Holly, TX cost?

Median Sold Price

$829,950

$497/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$142,450(+20.7%)

Key Takeaway

Homes in Holly have sold for 20.7% more than they did a year ago.

Summary: The median home sold price in Holly was $829,950 in November 2024, up 20.7% from last year, and the median price per square foot was $497.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $372.5K$373.2K
0.2%
2 $650K$645K
-0.8%
3 $795K$943.7K
+18.7%
4 $1.1M$1.2M
+4.9%
5+ -$1.3M
N/A

Summary: Holly housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes did not change.

Housing Supply in Holly, TX

How many homes are available in Holly, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3234+6.3%

Summary: The Holly real estate market had 34 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 45
+25.0%
2 912
+33.3%
3 87
-12.5%
4 89
+12.5%
5+ 31
-66.7%

Summary: The Holly housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holly, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Holly in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Holly, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
109 Days17 Days-84.4%

Summary: Homes in Holly had an average of 17 days on market in Nov 2024, down by 84.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Holly; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Holly, TX

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