Oakland County, Michigan
Mortgage Lender in Holly, MI
Local mortgage guidance for Holly buyers and homeowners, with options shopped across multiple wholesale lenders and one Michigan broker who stays with your file.
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Buying a home in Holly
Tucked into the northwest corner of Oakland County, Holly trades the subdivision sprawl of its neighbors for a Victorian-era downtown, lake country, and seasonal crowds drawn to the Michigan Renaissance Festival and the annual Holly Dickens Festival along Battle Alley. Roughly 5,979 residents call the village home, and the local economy leans on manufacturing, retail, and health care, with employers such as the Holly Area School District and Boehringer Ingelheim anchoring payrolls. I-75 and US-23 put Flint, Pontiac, and Metro Detroit within easy commuting reach, which keeps demand steady from buyers who want small-town quiet without giving up job access. Median household income sits near $64,305 (Data USA), while the 8,000-acre Holly State Recreation Area and a cluster of inland lakes give the 48442 ZIP an outdoor-recreation character that's rare for Oakland County.
By the numbers
Holly housing and mortgage snapshot
Values move. Treat these as orientation and let us pull current figures for the address you are considering.
$320,000
Typical home value, from the market research on this page
+49%
Typical rise in taxable value the year after a home sells, 2026 Uncapping Study
1.23%
Effective property tax rate, as a share of value
1
Residential ZIP codes
What financing looks like in Holly
To comfortably carry a $320,000 home with 20% down at prevailing rates, plan on a household income near $90,000-$100,000 (about $2,100-$2,300 monthly PITI), an estimate, not a published figure, and one that climbs if you put less down. Property taxes here deserve a close look: Oakland County's effective rate runs about 1.23%, and the median 48442 tax bill is roughly $2,647, but the Village of Holly's own 11.5-mill levy stacks on top of Holly Area Schools, county, and township millages, so verify the all-in rate per parcel via Oakland County Property Gateway. With most homes priced well under conforming limits, this is conventional and FHA territory rather than jumbo country. First-time buyers should pair that with MSHDA and Oakland County down payment assistance.
Nearly every Holly purchase fits well under the 2026 conforming limit of $832,750, so loan size is rarely the constraint.
The market
The Holly housing market
The typical Holly home is valued around $320,000 as of early-to-mid 2026, up roughly 3.3% year over year per Zillow. (Redfin briefly reported a far steeper jump, but that reading reflects thin sales volume and an unusual property mix, so the steadier Zillow figure is the safer benchmark.) Active listings tend to ask more, with median list prices running in the $350K-$375K range depending on the month. Homes go to pending in about 52 days. Demand is driven by the historic downtown, lakefront inventory on Bush, Bevins, and Fish Lakes, and commuter access via I-75 and US-23 to Flint, Pontiac, and Detroit.
Michigan property taxes
Holly property taxes after you buy
The year after a Michigan home sells, its taxable value resets to half of the assessor's market value, so the seller's tax bill is not your tax bill.
In Holly Township, our 2026 Uncapping Study found taxable value typically rises about 49% the year after a sale: roughly $1,590 more in first-year tax on a $300,000 home at the local homestead millage. We build your payment on that post-sale number.
In Samantha's words
County alone does not tell you much. We would never say you are in a particular county so here are your taxes. It does not work like that. We need the actual property.
Local resources
Check Holly records yourself
The official offices behind the tax and school details on this page.
- Holly Township Assessing Department, for parcel records and current taxable value
- Holly Area Schools, for district boundaries and enrollment
- Oakland County Treasurer, property taxes, for county property tax records
What our clients say
Samantha Shelton is amazing!! She helped me get into my first home in Ferndale. The closing process was easy I was able to take care of everything without taking a day off of work. Being a first time homebuyer was stressful but she provided clear communication and true experience guidance throughout the entire process
If I could recommend Sam a million times I would. She made the process of buying our first home effortless. I’m grateful to have had her as our broker and even recommended a wonderful realtor as well!
Samantha is a rockstar! She provided expert help and guided me through the loan process in terms that were easy to understand and made the whole experience painless!
Kevin was great! Very helpful, knowledgeable and communicative throughout my refinance.
Taylor is the best. She's so sweet and has great rates. If you need a skilled loan officer, she's the one to talk to.
Everyone at Align knows what they’re doing. Ryan took the time to answer every question I had, and overall made the process as a first time home buyer stress-free.
Individual experiences. Results vary.
Holly mortgage questions
If yours is not here, ask it on the call. There are no dumb questions.
What is the typical home price in Holly, MI 48442?
As of early-to-mid 2026 the typical home value in Holly is around $320,000 (Zillow), up roughly 3.3% year over year. Active listings often ask more, with median list prices in the $350K-$375K range depending on the month and property mix.
How long do homes stay on the market in Holly?
Homes in the 48442 ZIP typically go to pending in about 52 days. Well-priced, move-in-ready homes and lakefront properties on Bush, Bevins and Fish Lakes tend to move faster.
What are property taxes like in Holly, MI?
Oakland County’s effective property tax rate is about 1.23%, and the median annual tax bill in 48442 is roughly $2,647. The Village of Holly levies about 11.5 mills on its own, with school, county and township millages added on top, so confirm the full millage for a specific parcel via Oakland County Property Gateway.
What income do I need to buy a median-priced home in Holly?
For a ~$320,000 home with 20% down at current rates, you’d generally want a household income around $90,000-$100,000 to keep payments affordable (roughly $2,100-$2,300/month including taxes and insurance). With a lower down payment you’d need more income, and first-time buyers can offset this with assistance programs.
Are there first-time homebuyer programs that work in Holly?
Yes. MSHDA’s MI Home Loan offers up to $10,000 in down payment assistance statewide for qualified first-time buyers (640+ credit score, primary residence). Oakland County also runs a Homebuyer Assistance Program offering a grant for eligible buyers at or below 120% of area median income, paired with homebuyer counseling.
What is Holly known for and what's the commute to Detroit?
Holly is known for its historic Victorian downtown, the 1891 Holly Hotel, the Michigan Renaissance Festival, and the 8,000-acre Holly State Recreation Area. Downtown Detroit is about 54 miles away, roughly a 50-60 minute drive via I-75, with Flint and Pontiac even closer.
Talk with a local mortgage expert
Tell Samantha what you are trying to do in Holly and she will tell you what actually matters for your situation, including whether the timing is right.
- 1
Tell us what you are trying to do
Not what product you want. What you are actually trying to accomplish.
- 2
We look at your situation
A licensed Align loan officer works out what matters most for you specifically.
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You leave with a plan
Your options, the tradeoffs, and your next step. No obligation to go further.
Align Lending LLC, NMLS #2041154. Samantha Shelton, NMLS 1647301. Equal Housing Opportunity. Licensed in Michigan, Ohio, North Carolina, Florida, Louisiana and Texas. Figures on this page are market research for orientation, not a quote. This page is for educational purposes only. It is not a credit decision, a preapproval, a commitment to lend, or an offer of credit.
