How Much Are Property Taxes and HOA Fees in Holly Springs?

What You’ll Pay in Property Taxes in Holly Springs

Property taxes in Holly Springs are generally in line with the state average, typically falling between 0.8%–1.2% annually. The exact rate depends on your home’s assessed value. In 2025, the typical property tax rate in Holly Springs is around 0.95%.

To get a sense of what you might pay, here’s a quick chart showing estimated annual property taxes for homes at different price points:

Keep in mind that property tax rates can change from year to year based on local budgets and assessments. It’s a good idea to check with the Wake County Tax Administration for the most current rates when budgeting for a home purchase in Holly Springs.

How HOA Fees Work in Holly Springs

Many neighborhoods in Holly Springs have a Homeowners Association (HOA) that manages shared spaces and amenities. As a homeowner, you’ll pay monthly or annual dues to the HOA to cover costs like:

• Landscaping and lawn care for common areas
• Maintenance of community pools, parks, and trails
• Clubhouse or fitness center upkeep
• Trash collection and recycling
• Neighborhood events and social activities

The amenities and services covered by HOA fees can vary widely from neighborhood to neighborhood. In general, communities with more high-end features like golf courses or guarded entrances will have higher monthly dues.

Before buying a home in an HOA neighborhood, be sure to carefully review the covenants, conditions, and restrictions (CC&Rs) so you understand what the fees cover and any rules you’ll need to follow as a resident.

Typical Monthly HOA Costs

In Holly Springs, HOA fees typically range from $50 to $300 per month as of 2025. The table below shows some examples of what you might pay for different types of neighborhoods:

Here’s an example scenario for a typical Holly Springs homeowner:

Most cost-effective setup: Neighborhoods with fewer amenities tend to have lower HOA fees, like $70–$120/month. Choosing a home in a more basic neighborhood can help keep your monthly housing costs down.

Hidden or Seasonal Fees to Expect

In addition to monthly HOA dues, there are some other fees that can catch new homeowners in Holly Springs by surprise:

• Special assessments – HOAs may charge extra fees for major repairs or improvement projects, like repaving roads or upgrading the community pool.
• Irrigation surcharges – In summer months, some neighborhoods impose extra fees for watering common area landscaping. These can add $20-$50/month.
• Pet rent – Some HOAs charge a small monthly fee for each dog or cat in your home, usually around $10-$25.
• Parking permits – If your neighborhood has assigned parking spaces, you may need to pay for a permit for each vehicle, often $25-$100 per year.

For more information on sneaky costs in the area, check out this guide to surprising local fees in Holly Springs to watch out for.

Are These Costs Worth It?

It’s true that buying a home in an HOA neighborhood means extra monthly costs compared to a home without an association. However, many residents find that they get good value in return for those dues:

• HOAs maintain shared amenities and spaces, which can boost property values for the whole neighborhood.
• Having rules around things like lawn maintenance and exterior home colors helps keep the community looking tidy and appealing.
• Access to pools, gyms, sports courts, and other facilities right in your neighborhood is a convenient perk.

Ultimately, whether the costs of HOA living are worth it depends on your personal preferences and budget. In Holly Springs, HOA homes often retain higher resale value, especially in communities with premium amenities. But if you don’t plan to use the facilities much, you may prefer a home without the extra fees.

FAQs About Property Tax and HOA in Holly Springs

How much is the average HOA fee in Holly Springs?
Typical HOA fees in Holly Springs range from $50 to $300 per month, with most neighborhoods falling in the $100 to $200 range as of 2025.

Can my HOA fees increase?

Yes, HOAs can raise dues from year to year to keep up with inflation and rising maintenance costs. Special assessments may also be charged for major projects.

Do I pay both property tax and HOA fees?
Yes, property taxes and HOA dues are separate expenses. Your property taxes go to the city and county, while HOA fees pay for amenities and maintenance in your specific neighborhood.

How do property taxes in Holly Springs compare to other Wake County cities?
Holly Springs property tax rates are very similar to other Wake County towns like Apex and Fuquay-Varina. Cary and Raleigh tend to have slightly higher rates, while taxes in Garner and Knightdale may be a bit lower.

Is an HOA worth it for first-time homebuyers?
It depends on your budget and lifestyle. HOA neighborhoods often have great amenities and a strong sense of community. But if you’re on a tight budget as a first-time buyer, the extra monthly cost might be hard to afford.

Final Cost Insights for Holly Springs Homeowners

Buying a home in Holly Springs means budgeting for both property taxes and HOA fees in most neighborhoods. As of 2025, expect to pay around 0.95% of your home’s value in property taxes each year, plus $50 to $300 per month for HOA dues.

While those extra costs can add up, many homeowners find the perks of HOA living are worth the price. Neighborhoods with shared amenities often foster a strong sense of community and may even see higher resale values.

Of course, there’s more to your housing budget than just taxes and HOA fees. Be sure to factor in your full cost of housing in Holly Springs, including mortgage payments, insurance, maintenance, and utilities.

Ultimately, the right neighborhood for you will depend on your personal financial picture and what you value most in a community. By understanding all the costs involved, you can make an informed decision and find the perfect Holly Springs home for your family.