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 1,727 people, 768 houses or apartments, and a median cost of homes of $161,694, house prices in Holley are some of the most affordable in New York as well as the nation.
Single-family detached homes are the single most common housing type in Holley, accounting for 57.30% of the village's housing units. Other types of housing that are prevalent in Holley include large apartment complexes or high rise apartments ( 19.74%), duplexes, homes converted to apartments or other small apartment buildings ( 19.50%), and a few row houses and other attached homes ( 2.15%).
The most prevalent building size and type in Holley are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 58.37% owning and 41.63% renting.
The housing in Holley was primarily built before 1939 ( 52.75%), making the housing stock in Holley some of the oldest overall in America, although there is a range of ages of homes in Holley. The next most important housing age is between 1940-1969 ( 24.28%), followed by between 1970-1999 ( 22.61%).
Real estate appreciation rates in Holley's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.16% during the period.
Appreciation rates are so strong in Holley that despite a nationwide downturn in the housing market, Holley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Holley appreciation rates continue to be some of the highest in America, at 11.24%, which is higher than appreciation rates in 97.80% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Holley. Holley appreciation rates in the latest quarter were at 1.91%, which equates to an annual appreciation rate of 7.84%.
Relative to New York, our data show that Holley's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.
$161,694
for New york
for nation
768
$1,131 / per month