Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 1,794 people, 647 houses or apartments, and a median cost of homes of $284,076, Holland real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Holland, accounting for 67.16% of the village's housing units. Other types of housing that are prevalent in Holland include large apartment complexes or high rise apartments ( 17.23%), duplexes, homes converted to apartments or other small apartment buildings ( 14.43%).
The most prevalent building size and type in Holland are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 61.84% owning and 38.16% renting.
There is a lot of housing in Holland built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Holland built between 2000 and later ( 25.92%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.74%). There's also some housing in Holland built before 1939 ( 19.59%).
Real estate appreciation rates in Holland's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.34% during the period.
Appreciation rates are so strong in Holland that despite a nationwide downturn in the housing market, Holland real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Holland appreciation rates continue to be some of the highest in America, at 7.13%, which is higher than appreciation rates in 89.12% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Holland. Holland appreciation rates in the latest quarter were at 0.81%, which equates to an annual appreciation rate of 3.30%.
Relative to Ohio, our data show that Holland's latest annual appreciation rate is higher than 80% of the other cities and towns in Ohio.
One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Holland differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Holland - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Holland real estate investment or home purchase decisions.
$284,076
for Ohio
for nation
647
$1,402 / per month