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 a population of 11,416, 4,343 total housing units (homes and apartments), and a median house value of $388,896, Holmen real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Holmen, accounting for 52.65% of the village's housing units. Other types of housing that are prevalent in Holmen include large apartment complexes or high rise apartments ( 19.54%), row houses and other attached homes ( 9.98%), and a few mobile homes or trailers ( 9.48%).
The most prevalent building size and type in Holmen are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 64.92% owning and 35.08% renting.
Holmen homes and real estate are some of the newest in America. 48.32% of Holmen's housing was built since 2000, making the village have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Holmen real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 41.21%), and between 1940-1969 ( 6.70%). There's also some housing in Holmen built before 1939 ( 3.77%).
Real estate appreciation rates in Holmen's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.12% during the period.
Appreciation rates are so strong in Holmen that despite a nationwide downturn in the housing market, Holmen real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Holmen appreciation rates continue to be some of the highest in America, at 8.06%, which is higher than appreciation rates in 70.84% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Holmen. Holmen appreciation rates in the latest quarter were at 4.84%, which equates to an annual appreciation rate of 20.82%.
Importantly, this makes Holmen 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 Wisconsin, our data show that Holmen's latest annual appreciation rate is lower than 50% of the other cities and towns in Wisconsin.
$388,896
for Wisconsin
for nation
4,343
$1,598 / per month