Total monthly cost of ownership
Cost to Own a Home in Holly Springs, Georgia
A $415,000 home here costs
$3,148per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,134. The real number is $1,014 higher every month — 48% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Holly Springs against Cherokee County and Georgia
| Measure | Holly Springs | Cherokee County |
|---|---|---|
| Median home value | $414,700 | $389,800 |
| Median property tax | $3,334 | $2,734 |
| Effective tax rate | 0.804% | 0.701% |
| Median gross rent | $1,927 | $1,703 |
| Population | 17,693 | 274,539 |
The weather behind that power bill
Holly Springs sits in Cherokee County, which averages a high of 89.6°F in its hottest month and a low of 31.4°F in its coldest, with 48.06" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,627 cooling and 3,118 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Cherokee County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cherokee County
Full Cherokee County cost breakdown · Every county in Georgia
Common questions
How much does it cost to own a home in Holly Springs?
A $415,000 home in Holly Springs, Georgia costs approximately $3,148 per month with 20% down at 6.66%. That is $2,134 principal and interest, $278 property tax, $180 homeowners insurance, $210 utilities and $346 set aside for maintenance.
What is the property tax rate in Holly Springs?
Holly Springs has an effective property tax rate of 0.804%, based on a median home value of $414,700 and median real estate taxes of $3,334. That is higher than the Cherokee County average of 0.701%.
What is the average home price in Holly Springs?
The median owner-occupied home value in Holly Springs, Georgia is $414,700, against $389,800 across Cherokee County.
Is it cheaper to rent or buy in Holly Springs?
Median gross rent in Holly Springs is $1,927 a month, against $3,148 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Holly Springs — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Georgia.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.