Hollister, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Hollister Neighborhoods Since 2000




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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Hollister Housing Market Information

With 37,462 people, 10,063 houses or apartments, and a median cost of homes of $449,745, 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 77.58% 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 ( 8.99%), large apartment complexes or high rise apartments ( 6.42%), and a few row houses and other attached homes ( 4.64%).

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 57.45% owning and 42.55% 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 ( 17.23%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.87%). There's also some housing in Hollister built before 1939 ( 6.82%).

Hollister Home Appreciation Rates

Hollister's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hollister during the period has been just -2.04%, which is lower than 80% of US communities.

Appreciation rates are so strong in Hollister that despite a nationwide downturn in the housing market, Hollister real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hollister appreciation rates continue to be some of the highest in America, at 7.30%, which is higher than appreciation rates in 83.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hollister. Hollister appreciation rates in the latest quarter were at 0.59%, which equates to an annual appreciation rate of 2.39%.

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:
$449,745

Hollister, CA HOME PRICES

Value Range
> $1,409,000 0.6
$1,057,001 - $1,409,000 1.6
$705,001 - $1,057,000 8.4
$564,001 - $705,000 19.1
$423,001 - $564,000 27.0
$281,001 - $423,000 28.7
$141,001 - $281,000 10.0
$71,001 - $141,000 0.8
$0 - $71,000 3.7

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
7.41825852572366 46.5608465608466

Number Of Homes And Apartments:
10,063

Hollister Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
38.16% 1.89% 1 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,411 / per month

Homeownership Rate

Homeownership
Owners 57.45
Renters 42.55
Vacant 3.44

Housing Market Details

 

Age of Homes

AGE OF Hollister HOMES
2000 or Newer 9.9
1970 - 1999 66.1
1940 - 1969 17.2
1939 or Older 6.8

Types of Homes

TYPE OF Hollister HOMES
Single-Family 77.6
Townhomes 4.6
Small Apt. Buildings 9.0
Apt. Complexes 6.4
Mobile Homes 2.4
Other 0.0

Home Size

SIZE OF Hollister HOMES
No Bedroom 0.45
1 Bedroom 6.23
2 Bedrooms 18.67
3 Bedrooms 47.60
4 Bedrooms 21.34
5 or more bedrooms 5.71