Holt, MI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Holt Neighborhoods Since 2000




Holt, MI 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

Holt Housing Market Information

With 24,316 people, 9,789 houses or apartments, and a median cost of homes of $188,416, Holt real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Holt, accounting for 66.62% of the town's housing units. Other types of housing that are prevalent in Holt include large apartment complexes or high rise apartments ( 15.27%), mobile homes or trailers ( 7.62%), and a few row houses and other attached homes ( 5.40%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Holt. Owner-occupied housing accounts for 71.89% of Holt's homes, and 65.97% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Holt 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 Holt built between 2000 and later ( 27.46%). A lesser amount of the housing stock also hails from between 1940-1969 ( 25.40%). There's also some housing in Holt built before 1939 ( 4.10%).

Holt Home Appreciation Rates

Holt's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Holt during the period has been just -1.47%, which is lower than 80% of US communities.

Appreciation rates are so strong in Holt that despite a nationwide downturn in the housing market, Holt real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Holt appreciation rates continue to be some of the highest in America, at 10.64%, which is higher than appreciation rates in 95.40% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Holt. Holt appreciation rates in the latest quarter were at 1.36%, which equates to an annual appreciation rate of 5.54%.

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

Average Home Values

 

Median Home Value:
$188,416

Holt, MI HOME PRICES

Value Range
> $1,214,000 0.1
$911,001 - $1,214,000 0.0
$607,001 - $911,000 0.4
$486,001 - $607,000 0.6
$364,001 - $486,000 2.4
$243,001 - $364,000 14.7
$121,001 - $243,000 49.8
$61,001 - $121,000 21.5
$0 - $61,000 10.5

Very High for MI
High for Nation

Value Relative to Nation Value Relative to State
35.339271065276 17.9487179487179

Number Of Homes And Apartments:
9,789

Holt Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
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
1.43% 0.08% 4 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,200 / per month

Homeownership Rate

Homeownership
Owners 71.89
Renters 28.11
Vacant 4.10

Housing Market Details

 

Age of Homes

AGE OF Holt HOMES
2000 or Newer 27.5
1970 - 1999 43.0
1940 - 1969 25.4
1939 or Older 4.1

Types of Homes

TYPE OF Holt HOMES
Single-Family 66.6
Townhomes 5.4
Small Apt. Buildings 5.1
Apt. Complexes 15.3
Mobile Homes 7.6
Other 0.0

Home Size

SIZE OF Holt HOMES
No Bedroom 0.15
1 Bedroom 4.51
2 Bedrooms 27.40
3 Bedrooms 44.03
4 Bedrooms 21.95
5 or more bedrooms 1.97