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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 45,945 people, 13,596 houses or apartments, and a median cost of homes of $606,179, 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 82.14% of Holly Springs's homes, and 71.83% 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. 74.25% 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 ( 23.15%), and between 1940-1969 ( 1.73%).
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 108.71%, which ranks in the top 30% nationwide. This equates to an annual average Holly Springs house appreciation rate of 7.64%.
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 1.09%, 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 -1.51%, which equates to an annual appreciation rate of -5.91%.
Notably, Holly Springs's appreciation rate in the latest quarter is one of the lowest in America.
Relative to North Carolina, our data show that Holly Springs's latest annual appreciation rate is lower than 90% 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.
$606,179
for North carolina
for nation
13,596
$2,708 / per month