Holly Ridge, NC—28445
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Holly Ridge, NC
As of Oct '25, the median home price in Holly Ridge, NC is $519,000, with a year-over-year change of -0.1%. This indicates that home prices in Holly Ridge, NC are flat. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $519,000 | -0.1% |
| Single Family | $534,000 | -0.4% |
| Condos | $374,000 | -3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $353,000 | -3.6% |
2 Bed | $361,000 | -1.9% |
3 Bed | $445,000 | 1.1% |
4 Bed | $722,000 | -0.4% |
| 5 Bed | $1,013,000 | 0.3% |
% of Housing Stock
Rental Trends — Holly Ridge, NC
As of July '25, Rentcast reports the average rent in Holly Ridge, NC is $2,130, with a year-over-year rent change of 7.6%. Per bedroom, the median rent as of July '25 in Holly Ridge, NC is 1-bedrooms: $1,770, 2-bedrooms: $1,540, 3-bedrooms: $2,060, 4-bedrooms: $2,570. The most common rental property sizes in Holly Ridge, NC are 3-bedroom and 2-bedroom, accounting for 48.7% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,130 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,550 | $1,770 |
| 2 Bed Rent | $1,480 | $1,540 |
| 3 Bed Rent | $2,000 | $2,060 |
| 4 Bed Rent | $2,400 | $2,570 |
% of Rental Stock
Property Listings — Holly Ridge, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Holly Ridge, NC is 87. This is a increase of 41.0% 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 | $659,000 | 1.0% |
Listing Count | 279 | 46.0% |
| Listings as % of Homes | 2.0% | 46.0% |
Days on Market | 87 | 41.0% |
Demographics — Holly Ridge, NC
As of the latest ACS Survey released in 2023, Holly Ridge, NC has a population of 9,780, which has increased by 34.4% over the past 5 years. Holly Ridge, NC is a moderately popular place for families, as children make up 20.4% of the population. The area has a moderately educated workforce, with 42.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,780 | 34.4% |
% Under 18 | 20.4% | -4.7% |
% Seniors | 18.9% | 26.8% |
% WFH | 25.1% | 185.2% |
% w/ College Degree | 42.0% | 20.3% |
As of the latest ACS Survey released in 2023, Holly Ridge, NC is a predominantly white area, with 87.3% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Holly Ridge, NC is hispanic, making up 4.0% of the population. Foreign-born residents account for 2.6% of the population in Holly Ridge, NC, and this percentage has increased by 136.4% 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 | 87.3% | -3.6% |
% Black | 2.9% | 141.7% |
% Hispanic | 4.0% | -16.7% |
% Asian | 0.5% | 150.0% |
% Foreign Born | 2.6% | 136.4% |
Mortgage and Risk — Holly Ridge, NC
According to HUD data as of 2023, there were 618 mortgage originations in Holly Ridge, NC, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Holly Ridge, NC. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 618 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 4.0% |
% Second Loans | 16.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Holly Ridge, NC
As of 2024, the percent of homes in Holly Ridge, NC under the Section 8 program is 6.5%. 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. In Holly Ridge, NC, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$460 | $1,550 | $1,090 |
| 2 Bedroom | -$140 | $1,480 | $1,340 |
| 3 Bedroom | -$120 | $2,000 | $1,880 |
| 4 Bedroom | -$150 | $2,400 | $2,250 |
Affordability — Holly Ridge, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $519,000 |
| Median Household Income | $89,200 |