Mount Holly, NC 28120 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Mount Holly, NC—28120

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$362,000

1.3% YoY Growth

Household Income

$74,800

33.0% YoY Growth

Days on Market

2.0% Shorter YoY

Home Price Forecast

1.8%

Median Rent

$1,800

3.8% YoY Growth

1-Bed Rent

$1,020

0.9% YoY Growth

2-Bed Rent

$1,300

5.4% YoY Growth

3-Bed Rent

$1,900

2.6% YoY Growth

Home Price Trends — Mount Holly, NC

As of Dec '25, the median home price in Mount Holly, NC is $362,000, with a year-over-year change of 1.3%. This indicates that home prices in Mount Holly, NC are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$362,000	1.3%
Single Family	$363,000	1.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Mount Holly, NC

As of July '25, Rentcast reports the average rent in Mount Holly, NC is $1,760, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Mount Holly, NC is studios: $1,000, 1-bedrooms: $1,080, 2-bedrooms: $1,370, 3-bedrooms: $1,940, 4-bedrooms: $2,220. The most common rental property sizes in Mount Holly, NC are 2-bedroom and 3-bedroom, accounting for 52.5% and 31.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,760
Studio Rent	$1,000	$1,000
1 Bed Rent	$1,020	$1,080
2 Bed Rent	$1,300	$1,370
3 Bed Rent	$1,900	$1,940
4 Bed Rent	$2,170	$2,220

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% of Rental Stock

1 Bedroom

11.3%

2 Bedrooms

52.5%

3 Bedrooms

31.7%

4 Bedrooms

4.5%

Property Listings — Mount Holly, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Mount Holly, NC is 63. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$388,000	2.0%
Listing Count	104	31.0%
Listings as % of Homes	0.7%	31.0%
Days on Market	65	-2.0%

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Demographics — Mount Holly, NC

As of the latest ACS Survey released in 2023, Mount Holly, NC has a population of 24,400, which has increased by 15.4% over the past 5 years. Mount Holly, NC is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 33.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	24,400	15.4%
% Under 18	21.5%	1.9%
% Seniors	15.0%	-3.2%
% WFH	14.7%	276.9%
% w/ College Degree	33.2%	41.3%

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As of the latest ACS Survey released in 2023, Mount Holly, NC is a predominantly white area, with 71.4% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Mount Holly, NC is black, making up 13.9% of the population. Foreign-born residents account for 5.9% of the population in Mount Holly, NC, and this percentage has increased by 51.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	71.4%	-9.4%
% Black	13.9%	-3.5%
% Hispanic	8.8%	175.0%
% Asian	2.3%	0.0%
% Foreign Born	5.9%	51.3%

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Mortgage and Risk — Mount Holly, NC

According to HUD data as of 2023, there were 834 mortgage originations in Mount Holly, NC, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Mount Holly, NC. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	834
% Conventional Loans	77.0%
% Government Loans	23.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Mount Holly, NC

As of 2024, the percent of homes in Mount Holly, NC under the Section 8 program is 1.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Mount Holly, NC, because HUD payments exceed market rent, while 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	86
Total Units Section 8	40
% Rentals under Section 8	1.4%
% Occupied Section 8	77.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$270	$1,020	$1,290
2 Bedroom	$130	$1,300	$1,430
3 Bedroom	-$140	$1,900	$1,760
4 Bedroom	$70	$2,170	$2,240

Mount Holly, NC—28120

Key Metrics at a Glance

Home Price Trends — Mount Holly, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mount Holly, NC

% of Rental Stock

Property Listings — Mount Holly, NC

Demographics — Mount Holly, NC

Race and Ethnicity

Mortgage and Risk — Mount Holly, NC

Mortgages

Rentals and Section 8 — Mount Holly, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Mount Holly, NC

Home Price to Income Ratio

Mount Holly, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Stanley, NC

Coulwood, Charlotte, NC

Mc Adenville, NC

Lowell, NC

Alexis, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.6
Median Home Price	$362,000
Median Household Income	$74,800

Mount Holly, NC—28120

Key Metrics at a Glance

Home Price Trends — Mount Holly, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mount Holly, NC

% of Rental Stock

Property Listings — Mount Holly, NC

Demographics — Mount Holly, NC

Race and Ethnicity

Mortgage and Risk — Mount Holly, NC

Mortgages

Rentals and Section 8 — Mount Holly, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Mount Holly, NC

Home Price to Income Ratio

Mount Holly, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Stanley, NC

Coulwood, Charlotte, NC

Mc Adenville, NC

Lowell, NC

Alexis, NC

Frequently Asked Questions

What is the average home price in Mount Holly, NC 28120?

How have home prices in Mount Holly, NC 28120 changed over the past year?

What is the home price projection for Mount Holly, NC 28120?

What are the demographics of Mount Holly, NC 28120?

How long does it take homes to sell in Mount Holly, NC 28120?

What is the average rent price in Mount Holly, NC 28120?