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 8,695 people, 3,285 houses or apartments, and a median cost of homes of $802,475, Hollis house prices are not only among the most expensive in New Hampshire, Hollis real estate also is some of the most expensive in all of America.
Hollis is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Hollis than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hollis. Owner-occupied housing accounts for 91.31% of Hollis's homes, and 73.11% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Hollis 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 Hollis built between 1940-1969 ( 18.56%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.98%). There's also some housing in Hollis built before 1939 ( 14.62%).
Real estate appreciation rates in Hollis's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.92% during the period.
Appreciation rates are so strong in Hollis that despite a nationwide downturn in the housing market, Hollis real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hollis appreciation rates continue to be some of the highest in America, at 8.23%, which is higher than appreciation rates in 87.81% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hollis. Hollis appreciation rates in the latest quarter were at 2.18%, which equates to an annual appreciation rate of 9.01%.
Importantly, this makes Hollis one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to New Hampshire, our data show that Hollis's latest annual appreciation rate is lower than 60% of the other cities and towns in New Hampshire.
$802,475
for New hampshire
for nation
3,285
$2,852 / per month