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Market Snapshot

Median listing price
$569K

The median listing price in Holly Springs, NC ZIP 27540 is $568,850 as of September 2026.

Median rent
$1,738/mo

The median market rent in Holly Springs, NC ZIP 27540 is $1,738/month as of September 2026.

Days on market
51 days

The median days on market in Holly Springs, NC ZIP 27540 is 51 days as of September 2026. The market is currently neutral.

Gross rental yield
3.67%

At a median list price of $568,850 and a median rent of $1,738/month, the gross rental yield in Holly Springs, NC ZIP 27540 is 3.67% as of September 2026.

Holly Springs, NC 27540 Real Estate Market Report

ZIP Code: 27540

Report Date: September 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
256
Active Listings
102
Sold Properties
154

Market Metrics

Median Listing Price
$568,850
Median Sold Price
$613,074
Median Price per Sqft
$232/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,738

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.79%

Liquidity & Velocity

Median Days on Market
51
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Holly Springs, NC are 6.76%, which is 0.41% higher than the 6.35% average observed one year ago.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The market-value signal is the $613,074 median sold price, which represents recent transaction activity and should be treated as the primary indicator of realized market value in the area.
  2. There is a notable gap between the $568,850 median listing price and the $613,074 median sold price, which may indicate pricing friction between seller expectations and recent closed transactions and appears to give buyers additional negotiation leverage.
  3. The 51 median days on market points to slower sales velocity relative to rapid-turn markets and may suggest moderate transaction volume where buyers have more time to evaluate listings before agreeing to terms.
  4. Broader market signals are mixed: price trends are flat year-over-year with a neutral market temperature, rent is up year-over-year (supporting rental demand), while elevated interest rate pressure is present—current 30-year fixed mortgage rates are 6.76%, about 0.41% higher than one year ago—creating a headwind for affordability that may moderate buyer urgency.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

141 Olivepark Dr, Holly Springs, NC 27540
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

- beds2.5 baths2,713 sqft
$12,000,000
Jul 2026
$4,423/sqft
5629 Cass Holt Rd, Holly Springs, NC 27540
Premium

Sold above market average

- beds2 baths1,962 sqft
$2,526,000
Jun 2026
$1,287/sqft
105 Lively Oaks Way, Holly Springs, NC 27540
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

6 beds3.5 baths5,547 sqft
$2,125,000
Jul 2026
$383/sqft
1 days on market
104 River Ledge Dr, Holly Springs, NC 27540
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

5 beds3.5 baths3,525 sqft
$830,000
Aug 2026
$235/sqft
1 days on market
120 Wellspring Dr, Holly Springs, NC 27540
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2.5 baths3,621 sqft
$630,000
Jul 2026
$174/sqft
45 days on market
224 Cahors Trl, Holly Springs, NC 27540
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds3.5 baths2,409 sqft
$600,000
Jul 2026
$249/sqft
59 days on market
121 Faxton Way, Holly Springs, NC 27540
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

5 beds3.5 baths3,086 sqft
$598,000
Jul 2026
$194/sqft
104 days on market
1023 Wade Stephenson Rd Ste Phenson, Holly Springs, NC 27540
Value

Sold below market average

2 beds1 baths1,164 sqft
$200,000
Aug 2026
$172/sqft
120 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$2,030/mo
27540 Avg Rent
27540 Cost to Own
Rent$1,738
Own$3,768

20% down, 6.76% rate, 0.8% tax

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 9/10/2026

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