Hollister, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hollister, CA Real Estate Data


Hollister Housing Market Information

With 37,462 people, 10,188 houses or apartments, and a median cost of homes of $454,545, real estate costs in Hollister are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Hollister, accounting for 75.76% of the city's housing units. Other types of housing that are prevalent in Hollister include duplexes, homes converted to apartments or other small apartment buildings ( 9.77%), large apartment complexes or high rise apartments ( 7.05%), and a few row houses and other attached homes ( 4.51%).

The most prevalent building size and type in Hollister are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.61% owning and 43.39% renting.

There is a lot of housing in Hollister 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 Hollister built between 1940-1969 ( 18.26%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.46%). There's also some housing in Hollister built before 1939 ( 7.26%).

Hollister Home Appreciation Rates

Homes have actually lost value in Hollister over the last then years, as home values have seen a decline of 26.13% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Hollister home appreciation rates at 2.57%, which equates to an annual appreciation rate of 10.68%.

NeighborhoodScout's data show that during the latest twelve months, Hollister's appreciation rate, at 4.83%, has been at or slightly above the national average. In the latest quarter, Hollister's appreciation rate has been 2.57%, which annualizes to a rate of 10.68%.

Relative to California, our data show that Hollister's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Hollister differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hollister - 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 Hollister real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$454,545

Hollister, CA HOME PRICES

Value Range
> $1,495,000 0.3
$1,121,001 - $1,495,000 1.6
$747,001 - $1,121,000 7.5
$598,001 - $747,000 13.6
$448,001 - $598,000 27.5
$299,001 - $448,000 32.4
$150,001 - $299,000 11.7
$75,001 - $150,000 0.9
$0 - $75,000 4.6

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
7.52474087954559 45.5746367239102

Number Of Homes And Apartments:
10,188

Rent & Ownership

 

Average Market Rent:
$2,025 / per month

Homeownership Rate

Homeownership
Owners 56.61
Renters 43.39
Vacant 3.62

Housing Market Details

 

Age of Homes

AGE OF Hollister HOMES
2000 or Newer 8.5
1970 - 1999 66.0
1940 - 1969 18.3
1939 or Older 7.3

Types of Homes

TYPE OF Hollister HOMES
Single-Family 75.8
Townhomes 4.5
Small Apt. Buildings 9.8
Apt. Complexes 7.0
Mobile Homes 2.9
Other 0.0

Home Size

SIZE OF Hollister HOMES
No Bedroom 0.54
1 Bedroom 6.89
2 Bedrooms 19.93
3 Bedrooms 46.53
4 Bedrooms 20.65
5 or more bedrooms 5.46

Hollister Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
33.92% 1.73% 1 4
* 10 is highest