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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Holly Springs, NC Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Holly Springs, NC Housing Market Trends

With 45,945 people, 12,988 houses or apartments, and a median cost of homes of $553,757, Holly Springs house prices are not only among the most expensive in North Carolina, Holly Springs real estate also is some of the most expensive in all of America.

Holly Springs is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Holly Springs than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Holly Springs. Owner-occupied housing accounts for 81.72% of Holly Springs's homes, and 72.85% have either three or four bedrooms, which is average sized relative to America.

Holly Springs homes and real estate are some of the newest in America. 68.95% of Holly Springs's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Holly Springs real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 28.06%), and between 1940-1969 ( 2.10%).

Holly Springs Home Appreciation Rates

In the last 10 years, Holly Springs has experienced some of the highest home appreciation rates of any community in the nation. Holly Springs real estate appreciated 113.15% over the last ten years, which is an average annual home appreciation rate of 7.86%, putting Holly Springs in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Holly Springs definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Holly Springs appreciation rates have trailed the rest of the nation. In the last twelve months, Holly Springs's appreciation rate has been 1.59%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Holly Springs were at 4.25%, which equates to an annual appreciation rate of 18.12%.

Relative to North Carolina, our data show that Holly Springs's latest annual appreciation rate is lower than 80% of the other cities and towns in North Carolina.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Holly Springs differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Holly Springs - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Holly Springs real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$553,757

Holly Springs, NC Home Prices
> $1,556,000
$1,167,001 - $1,556,000
$778,001 - $1,167,000
$622,001 - $778,000
$467,001 - $622,000
$311,001 - $467,000
$156,001 - $311,000
$78,001 - $156,000
$0 - $78,000
1.2%
1.2%
3.5%
3.5%
16.3%
16.3%
22.3%
22.3%
24.8%
24.8%
23.6%
23.6%
6.5%
6.5%
1.0%
1.0%
0.9%
0.9%
0% 100.0%
% of Homes
Very High

for North carolina

Very High

for nation

Number of Homes And Apartments:

12,988

Holly Springs Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,044 / per month

Homeownership Rate

Owners
Renters
Vacant
81.7%
81.7%
18.3%
18.3%
4.8%
4.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
68.9%
68.9%
28.1%
28.1%
2.1%
2.1%
0.9%
0.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
81.2%
81.2%
9.7%
9.7%
0.3%
0.3%
8.6%
8.6%
0.2%
0.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.3%
0.3%
3.6%
3.6%
7.2%
7.2%
37.0%
37.0%
35.9%
35.9%
16.1%
16.1%
0% 100.0%
% of Homes