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 1,727 people, 768 houses or apartments, and a median cost of homes of $149,714, house prices in Holley are some of the most affordable in New York as well as the nation.
Single-family detached homes are the single most common housing type in Holley, accounting for 57.30% of the village's housing units. Other types of housing that are prevalent in Holley include large apartment complexes or high rise apartments ( 19.74%), duplexes, homes converted to apartments or other small apartment buildings ( 19.50%), and a few row houses and other attached homes ( 2.15%).
The most prevalent building size and type in Holley are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 58.37% owning and 41.63% renting.
The housing in Holley was primarily built before 1939 ( 52.75%), making the housing stock in Holley some of the oldest overall in America, although there is a range of ages of homes in Holley. The next most important housing age is between 1940-1969 ( 24.28%), followed by between 1970-1999 ( 22.61%).
Holley's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Holley during the period has been just 4.90%, which is lower than 80% of US communities.
Over the last year, Holley appreciation rates have trailed the rest of the nation. In the last twelve months, Holley's appreciation rate has been -1.07%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Holley were at 5.43%, which equates to an annual appreciation rate of 23.57%.
Importantly, this makes Holley one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.
Relative to New York, our data show that Holley's latest annual appreciation rate is lower than 90% of the other cities and towns in New York.
$149,714
for New york
for nation
768
$1,229 / per month