Mount Holly, NC—28120
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Holly, NC
As of Oct '25, the median home price in Mount Holly, NC is $362,000, with a year-over-year change of 1.1%. This indicates that home prices in Mount Holly, NC are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $362,000 | 1.1% |
| Single Family | $363,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $229,000 | 2.7% |
3 Bed | $345,000 | 1.5% |
4 Bed | $444,000 | 0.9% |
| 5 Bed | $528,000 | 1.3% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Mount Holly, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Holly, NC is 50. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $399,000 | 0.0% |
Listing Count | 131 | 28.0% |
| Listings as % of Homes | 0.7% | 28.0% |
Days on Market | 50 | 1.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Mount Holly, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $362,000 |
| Median Household Income | $74,800 |