Holly Home Prices & Values

$90,800 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 14.6% 1-year change
  • 2.5% 1-year forecast

The median home value in Holly is $90,800. Holly home values have gone up 14.6% over the past year and Zillow predicts they will rise 2.5% within the next year. The median list price per square foot in Holly is $76, which is lower than the Detroit Metro average of $104. The median price of homes currently listed in Holly is $114,500 while the median price of homes that sold is $80,000. The median rent price in Holly is $1,100, which is higher than the Detroit Metro median of $850.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Holly is 3.6%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Holly homeowners underwater on their mortgage is 18.3%, which is lower than Detroit Metro at 23.2%.

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Relative ZHVI
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Holly Market Overview

Data through Jul 31, 2014
  • $90,800 ZHVI
  • 2.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $114,500 Median listing price
  • No recent data Median sale price
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Holly Market Health

Data through Jul 31, 2014
  • 6.2/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 18.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Springfield Township $221,400 Lake Fenton $205,700 Ortonville $203,800
Goodrich $192,300 Fenton Township $153,400 Grand Blanc Township $132,300
Mundy Township $110,600    

Listings & Sales

Data through Jul 31, 2014
  • $76 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 22.2% Listings with price cut
40.8%
Sold below listing
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Holly Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,142 Holly
$1,062 Detroit Metro
$1,318 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,100 Rent list price
  • $0.94 Rent list price / sq ft
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