Holly Springs, MS—38635
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Holly Springs, MS
As of Oct '25, the median home price in Holly Springs, MS is $167,000, with a year-over-year change of 4.1%. This indicates that home prices in Holly Springs, MS are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $167,000 | 4.1% |
| Single Family | $167,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $216,000 | 6.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Holly Springs, MS
As of July '25, Rentcast reports the average rent in Holly Springs, MS is $1,500, with a year-over-year rent change of 37.6%. Per bedroom, the median rent as of July '25 in Holly Springs, MS is 2-bedrooms: $1,200, 3-bedrooms: $1,800. The most common rental property sizes in Holly Springs, MS are 3-bedroom and 2-bedroom, accounting for 42.0% and 19.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Holly Springs, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Holly Springs, MS is 63. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $301,000 | -14.0% |
Listing Count | 78 | 48.0% |
| Listings as % of Homes | 0.3% | 48.0% |
Days on Market | 63 | -17.0% |
Demographics — Holly Springs, MS
As of the latest ACS Survey released in 2023, Holly Springs, MS has a population of 15,300, which has decreased by -6.4% over the past 5 years. Holly Springs, MS is a moderately popular place for families, as children make up 19.2% of the population. The area has a poorly educated workforce, with 15.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,300 | -6.4% |
% Under 18 | 19.2% | -6.3% |
% Seniors | 15.3% | 9.3% |
% WFH | 2.6% | -49.0% |
% w/ College Degree | 15.4% | 4.8% |
As of the latest ACS Survey released in 2023, Holly Springs, MS is a predominantly black area, with 64.1% of the population identifying as black. The black population has shrunk by 10.8% in the last 5 years. The second most common race or ethnicity in Holly Springs, MS is white, making up 29.4% of the population. Foreign-born residents account for 3.1% of the population in Holly Springs, MS, and this percentage has increased by 342.9% 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 | 29.4% | 8.9% |
% Black | 64.1% | -10.8% |
% Hispanic | 0.6% | -14.3% |
% Asian | 0.1% | ∞% |
% Foreign Born | 3.1% | 342.9% |
Mortgage and Risk — Holly Springs, MS
According to HUD data as of 2023, there were 244 mortgage originations in Holly Springs, MS, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Holly Springs, MS. Investor activity is low, as 11.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 244 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 11.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Holly Springs, MS
Holly Springs, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 194 |
Total Units Section 8 | 104 |
% Rentals under Section 8 | 8.9% |
% Occupied Section 8 | 92.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | -$90 | $1,200 | $1,110 |
| 3 Bedroom | -$460 | $1,800 | $1,340 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Holly Springs, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $167,000 |
| Median Household Income | $53,400 |