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 1,800 people, 690 houses or apartments, and a median cost of homes of $242,734, house prices in Holland are solidly below the national average.
Single-family detached homes are the single most common housing type in Holland, accounting for 69.35% of the village's housing units. Other types of housing that are prevalent in Holland include large apartment complexes or high rise apartments ( 18.93%), duplexes, homes converted to apartments or other small apartment buildings ( 10.59%).
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 63.55% owning and 36.45% 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 ( 27.12%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.87%). There's also some housing in Holland built before 1939 ( 18.79%).
Holland's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Holland during the period has been just 5.40%, which is lower than 70% of US communities.
Over the last year, Holland appreciation rates have trailed the rest of the nation. In the last twelve months, Holland's appreciation rate has been 4.98%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Holland were at 1.38%, which equates to an annual appreciation rate of 5.64%.
Relative to Ohio, our data show that Holland's latest annual appreciation rate is lower than 70% 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.
$242,734
for Ohio
for nation
690
$1,233 / per month