Home Insurance in Holly Springs, North Carolina
The median home value in Holly Springs is $535,800, 16% higher than the Wake County median.
The typical home in Holly Springs was built around 2008. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 1% of homes were built before 1960, about 4 points below Wake County's 5%.
In Holly Springs, the housing stock is 89% single-family homes and 10% apartments in buildings with 5+ units.
About 82% of owner-occupied homes in Holly Springs have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 81% of occupied homes in Holly Springs are owner-occupied.
Most homes in Holly Springs - 62% - are primarily heated with natural gas.
FEMA rates Wake County's overall risk as Relatively High, led by hail (Relatively High). Wake County had 3,267 active NFIP flood policies as of September 2026. See the full Wake County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in North Carolina carries a statewide average premium of $1,852 per year.
Key figures
| Median home value | $535,800 |
|---|---|
| Median year built | 2008 |
| Owner-occupied share | 81% |
| Share of owner-occupied homes with a mortgage | 82% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Wake County | 3,267 |
| Home insurance premium | $1,852 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)