Hollister CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Hollister, CA Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Hollister Housing Market Information

With 39,749 people, 10,700 houses or apartments, and a median cost of homes of $562,792, 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 76.05% 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 ( 9.71%), large apartment complexes or high rise apartments ( 7.49%), and a few row houses and other attached homes ( 3.97%).

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 60.07% owning and 39.93% 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 ( 16.93%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.41%). There's also some housing in Hollister built before 1939 ( 6.52%).

Hollister Home Appreciation Rates

In the last 10 years, Hollister has experienced some of the highest home appreciation rates of any community in the nation. Hollister real estate appreciated 92.15% over the last ten years, which is an average annual home appreciation rate of 6.75%, putting Hollister in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hollister definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Hollister appreciation rates have trailed the rest of the nation. In the last twelve months, Hollister's appreciation rate has been 2.68%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hollister were at -0.77%, which equates to an annual appreciation rate of -3.06%.

Notably, Hollister's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Hollister's latest annual appreciation rate is lower than 60% 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:
$562,792

Hollister, CA HOME PRICES

Value Range
> $1,172,000 1.0
$879,001 - $1,172,000 3.4
$586,001 - $879,000 29.0
$469,001 - $586,000 33.9
$352,001 - $469,000 19.6
$235,001 - $352,000 6.8
$117,001 - $235,000 3.2
$58,001 - $117,000 0.5
$0 - $58,000 2.6

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
5.86277372262774 39.1874180865006

Number Of Homes And Apartments:
10,700

Hollister Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
60.70% 2.37%
1
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,243 / per month

Homeownership Rate

Homeownership
Owners 60.07
Renters 39.93
Vacant 3.64

Housing Market Details

 

Age of Homes

AGE OF Hollister HOMES
2000 or Newer 13.4
1970 - 1999 63.1
1940 - 1969 16.9
1939 or Older 6.5

Types of Homes

TYPE OF Hollister HOMES
Single-Family 76.1
Townhomes 4.0
Small Apt. Buildings 9.7
Apt. Complexes 7.5
Mobile Homes 2.8
Other 0.0

Home Size

SIZE OF Hollister HOMES
No Bedroom 1.09
1 Bedroom 6.20
2 Bedrooms 19.10
3 Bedrooms 44.52
4 Bedrooms 22.60
5 or more bedrooms 6.49