Holmdel, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Holmdel Neighborhoods Since 2000




Holmdel, NJ 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

Holmdel Housing Market Information

With a population of 16,671, 1,884 total housing units (homes and apartments), and a median house value of $757,563, Holmdel house prices are not only among the most expensive in New Jersey, Holmdel real estate also is some of the most expensive in all of America.

Holmdel is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Holmdel 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 Holmdel. Owner-occupied housing accounts for 85.01% of Holmdel's homes, and 63.04% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Holmdel 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 Holmdel built between 1940-1969 ( 21.37%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.81%). There's also some housing in Holmdel built before 1939 ( 3.70%).

Holmdel Home Appreciation Rates

Holmdel's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Holmdel during the period has been just -0.97%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Holmdel's appreciation rate, at 4.18%, has been at or slightly above the national average. In the latest quarter, Holmdel's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New Jersey, our data show that Holmdel's latest annual appreciation rate is higher than 70% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$757,563

Holmdel, NJ HOME PRICES

Value Range
> $1,078,000 11.7
$809,001 - $1,078,000 20.2
$539,001 - $809,000 37.1
$431,001 - $539,000 11.4
$323,001 - $431,000 10.9
$216,001 - $323,000 3.2
$108,001 - $216,000 1.1
$54,001 - $108,000 2.0
$0 - $54,000 2.3

Very High for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
2.2149302707137 7.72357723577236

Number Of Homes And Apartments:
1,884

Holmdel Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
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
47.35% 2.27% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,232 / per month

Homeownership Rate

Homeownership
Owners 85.01
Renters 14.99
Vacant 5.20

Housing Market Details

 

Age of Homes

AGE OF Holmdel HOMES
2000 or Newer 12.8
1970 - 1999 62.1
1940 - 1969 21.4
1939 or Older 3.7

Types of Homes

TYPE OF Holmdel HOMES
Single-Family 81.1
Townhomes 8.3
Small Apt. Buildings 1.8
Apt. Complexes 7.5
Mobile Homes 1.2
Other 0.0

Home Size

SIZE OF Holmdel HOMES
No Bedroom 2.35
1 Bedroom 4.14
2 Bedrooms 10.68
3 Bedrooms 24.32
4 Bedrooms 38.71
5 or more bedrooms 19.79