menu
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, MS 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (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, MS Housing Market Trends

With 6,823 people, 2,260 houses or apartments, and a median cost of homes of $115,619, house prices in Holly Springs are solidly below the national average.

Single-family detached homes are the single most common housing type in Holly Springs, accounting for 80.15% of the city's housing units. Other types of housing that are prevalent in Holly Springs include large apartment complexes or high rise apartments ( 11.35%), duplexes, homes converted to apartments or other small apartment buildings ( 5.05%), and a few mobile homes or trailers ( 2.01%).

The most prevalent building size and type in Holly Springs are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 45.96% owning and 54.04% renting.

There is a lot of housing in Holly Springs built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Holly Springs built between 1940-1969 ( 16.36%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.56%). There's also some housing in Holly Springs built before 1939 ( 13.89%).

Vacant housing appears to be an issue in Holly Springs. Fully 14.23% of the housing stock is classified as vacant. Left unchecked, vacant Holly Springs homes and apartments can be a drag on the real estate market, holding Holly Springs real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Holly Springs Home Appreciation Rates

Real estate appreciation rates in Holly Springs's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.98% during the period.

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 2.49%, 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 -1.15%, which equates to an annual appreciation rate of -4.52%.

Notably, Holly Springs's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Mississippi, our data show that Holly Springs's latest annual appreciation rate is lower than 70% of the other cities and towns in Mississippi.

Average Home Values

Median Home Value

$115,619

Holly Springs, MS Home Prices
> $1,320,000
$990,001 - $1,320,000
$660,001 - $990,000
$528,001 - $660,000
$396,001 - $528,000
$264,001 - $396,000
$132,001 - $264,000
$66,001 - $132,000
$0 - $66,000
0.1%
0.1%
0.0%
0.0%
0.1%
0.1%
2.2%
2.2%
5.4%
5.4%
6.8%
6.8%
25.7%
25.7%
45.4%
45.4%
14.3%
14.3%
0% 100.0%
% of Homes
Low

for Mississippi

Very Low

for nation

Number of Homes And Apartments:

2,260

Holly Springs Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,226 / per month

Homeownership Rate

Owners
Renters
46.0%
46.0%
54.0%
54.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
14.2%
14.2%
85.8%
85.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.6%
15.6%
54.2%
54.2%
16.4%
16.4%
13.9%
13.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.2%
80.2%
1.4%
1.4%
5.0%
5.0%
11.3%
11.3%
2.0%
2.0%
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
6.6%
6.6%
3.9%
3.9%
17.7%
17.7%
56.3%
56.3%
14.8%
14.8%
0.6%
0.6%
0% 100.0%
% of Homes

Popular Neighborhoods in Holly Springs

Popular Communities Near Holly Springs, MS

Zip Codes in Holly Springs, MS