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  4. /Holly, MI - 48442

Holly, MI—48442

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$329,000
3.4% YoY Growth
Household Income
$80,300
16.5% YoY Growth
Days on Market
22
2.0% Longer YoY
Home Price Forecast
1.1%
Median Rent
$1,300
33.1% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,200
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Holly, MI

As of May '26, the median home price in Holly, MI is $329,000, with a year-over-year change of 3.4%. This indicates that home prices in Holly, MI are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$329,0003.4%
Single Family $336,0003.1%
Condos $276,0004.5%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $221,0001.8%
    3 Bed
    $318,0002.9%
    4 Bed
    $386,0002.9%
    5 Bed $493,1744.1%
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    % of Housing Stock

    Studio
    1.2%
    1 Bedroom
    3.7%
    2 Bedrooms
    22.6%
    3 Bedrooms
    47.5%
    4 Bedrooms
    19.6%
    5+ Bedrooms
    5.3%

    Rental Trends — Holly, MI

    As of July '25, Rentcast reports the average rent in Holly, MI is $1,690, with a year-over-year rent change of 33.1%. Per bedroom, the median rent as of July '25 in Holly, MI is 2-bedrooms: $1,480, 4-bedrooms: $2,320. The most common rental property sizes in Holly, MI are 2-bedroom and 3-bedroom, accounting for 42.9% and 22.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,300$1,690
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,200$1,480
    3 Bed Rent N/AN/A
    4 Bed Rent $1,950$2,320
    Loading chart...

    % of Rental Stock

    Studio
    5.6%
    1 Bedroom
    12.7%
    2 Bedrooms
    42.9%
    3 Bedrooms
    22.3%
    4 Bedrooms
    5.3%
    5+ Bedrooms
    11.2%

    Property Listings — Holly, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Holly, MI is 22. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $350,0000.0%
    Listing Count
    657.0%
    Listings as % of Homes0.3%7.0%
    Days on Market
    222.0%
    Loading chart...

    Demographics — Holly, MI

    As of the latest ACS Survey released in 2023, Holly, MI has a population of 22,700, which has increased by 9.0% over the past 5 years. Holly, MI is a moderately popular place for families, as children make up 19.8% of the population. The area has a moderately educated workforce, with 29.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    22,7009.0%
    % Under 18
    19.8%-11.2%
    % Seniors
    18.0%8.4%
    % WFH
    12.4%235.1%
    % w/ College Degree
    29.3%12.3%
    Loading chart...

    As of the latest ACS Survey released in 2023, Holly, MI is a predominantly white area, with 88.9% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Holly, MI is hispanic, making up 3.5% of the population. Foreign-born residents account for 3.6% of the population in Holly, MI, and this percentage has increased by 56.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    88.9%-2.7%
    % Black
    3.2%28.0%
    % Hispanic
    3.5%-2.8%
    % Asian
    0.8%-11.1%
    % Foreign Born
    3.6%56.5%
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    Mortgage and Risk — Holly, MI

    According to HUD data as of 2023, there were 503 mortgage originations in Holly, MI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Holly, MI. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    503
    % Conventional Loans
    86.0%
    % Government Loans
    14.0%
    % Investor Loans
    1.0%
    % Second Loans
    1.0%
    % Cash Out Refinance
    13.0%
    Loading chart...
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    Rentals and Section 8 — Holly, MI

    Holly, MI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    127
    Total Units Section 8
    79
    % Rentals under Section 8
    4.0%
    % Occupied Section 8
    98.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,070
    2 Bedroom$150$1,200$1,350
    3 BedroomN/AN/A$1,680
    4 Bedroom-$80$1,950$1,870

    Affordability — Holly, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$329,000
    Median Household Income$80,300

    Holly, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    48350

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    Frequently Asked Questions