New Holland, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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New Holland, PA 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

New Holland Housing Market Information

With a population of 5,430, 2,278 total housing units (homes and apartments), and a median house value of $203,654, New Holland real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in New Holland, accounting for 55.81% of the borough's housing units. Other types of housing that are prevalent in New Holland include duplexes, homes converted to apartments or other small apartment buildings ( 17.63%), row houses and other attached homes ( 14.41%), and a few large apartment complexes or high rise apartments ( 12.16%).

The most prevalent building size and type in New Holland are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 56.48% owning and 43.52% renting.

There is a lot of housing in New Holland 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 New Holland built before 1939 ( 25.51%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.53%). There's also some housing in New Holland built between 2000 and later ( 8.86%).

New Holland Home Appreciation Rates

Real estate appreciation rates in New Holland's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.53% during the period.

NeighborhoodScout's data show that during the latest twelve months, New Holland's appreciation rate, at 5.43%, has been at or slightly above the national average. In the latest quarter, New Holland's appreciation rate has been 0.61%, which annualizes to a rate of 2.48%.

Relative to Pennsylvania, our data show that New Holland's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$203,654

New Holland, PA HOME PRICES

Value Range
> $1,070,000 0.0
$802,001 - $1,070,000 0.0
$535,001 - $802,000 0.0
$428,001 - $535,000 3.7
$321,001 - $428,000 6.1
$214,001 - $321,000 35.6
$107,001 - $214,000 47.4
$53,001 - $107,000 1.9
$0 - $53,000 5.4

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
31.3606000234384 19.9033816425121

Number Of Homes And Apartments:
2,278

New Holland Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
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
43.21% 2.10% 5 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,091 / per month

Homeownership Rate

Homeownership
Owners 56.48
Renters 43.52
Vacant 3.47

Housing Market Details

 

Age of Homes

AGE OF New Holland HOMES
2000 or Newer 8.9
1970 - 1999 41.1
1940 - 1969 24.5
1939 or Older 25.5

Types of Homes

TYPE OF New Holland HOMES
Single-Family 55.8
Townhomes 14.4
Small Apt. Buildings 17.6
Apt. Complexes 12.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF New Holland HOMES
No Bedroom 0.64
1 Bedroom 15.72
2 Bedrooms 21.78
3 Bedrooms 46.69
4 Bedrooms 13.05
5 or more bedrooms 2.12

Popular Neighborhoods in New Holland

Zip Codes in New Holland, PA