Holly Springs, NC Real Estate Data

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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (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 Housing Market Information

With 37,812 people, 10,598 houses or apartments, and a median cost of homes of $332,003, Holly Springs real estate is some of the most expensive in North Carolina, although Holly Springs home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Holly Springs, accounting for 85.52% of the town's housing units. Other types of housing that are prevalent in Holly Springs include large apartment complexes or high rise apartments ( 6.88%), row houses and other attached homes ( 6.34%).

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 83.17% of Holly Springs's homes, and 76.20% 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. 65.40% 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 ( 32.19%), and between 1940-1969 ( 2.13%).

Holly Springs Home Appreciation Rates

Appreciation rates for homes in Holly Springs have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 40.13%, which ranks in the top 30% nationwide. This equates to an annual average Holly Springs house appreciation rate of 3.43%.

NeighborhoodScout's data show that during the latest twelve months, Holly Springs's appreciation rate, at 4.59%, has been at or slightly above the national average. In the latest quarter, Holly Springs's appreciation rate has been 1.78%, which annualizes to a rate of 7.30%.

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

 
info

Median Home Value:
$332,003

Holly Springs, NC HOME PRICES

> $1,229,000
0.5%
0.5%
$922,001 - $1,229,000
1.0%
1.0%
$615,001 - $922,000
9.2%
9.2%
$492,001 - $615,000
15.6%
15.6%
$369,001 - $492,000
19.4%
19.4%
$246,001 - $369,000
33.4%
33.4%
$123,001 - $246,000
17.0%
17.0%
$61,001 - $123,000
2.2%
2.2%
$0 - $61,000
1.7%
1.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for NC

Value Relative To Nation

Number Of Homes And Apartments:
10,598

Holly Springs Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
66.83% 2.50%
8
5
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,965 / per month

Homeownership Rate

Owners
83.2%
83.2%
Renters
16.8%
16.8%
Vacant
3.3%
3.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
65.4%
65.4%
1970 - 1999
32.2%
32.2%
1940 - 1969
2.1%
2.1%
1939 or Older
0.3%
0.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
85.5%
85.5%
Townhomes
6.3%
6.3%
Small Apt. Buildings
0.6%
0.6%
Apt. Complexes
6.9%
6.9%
Mobile Homes
0.6%
0.6%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.1%
0.1%
1 Bedroom
4.1%
4.1%
2 Bedrooms
5.2%
5.2%
3 Bedrooms
43.1%
43.1%
4 Bedrooms
33.1%
33.1%
5 or more bedrooms
14.4%
14.4%
0.0% 100.0%
% OF HOMES