New Holland, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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New Holland, PA Real Estate Data


New Holland Housing Market Information

With 5,430 people, 2,336 houses or apartments, and a median cost of homes of $187,657, 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 57.14% 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 ( 17.28%), row houses and other attached homes ( 13.41%), 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 60.71% owning and 39.29% 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 ( 27.16%). A lesser amount of the housing stock also hails from between 1940-1969 ( 26.20%). There's also some housing in New Holland built between 2000 and later ( 8.29%).

New Holland Home Appreciation Rates

New Holland's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in New Holland during the period has been just -0.82%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, New Holland's appreciation rate, at 4.42%, has been at or slightly above the national average. In the latest quarter, New Holland's appreciation rate has been 3.22%, which annualizes to a rate of 13.53%.

Importantly, this makes New Holland one of the highest appreciating communities in the nation for the latest quarter, and may signal the borough's near-future real estate investment strength.

Relative to Pennsylvania, our data show that New Holland's latest annual appreciation rate is higher than 60% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$187,657

New Holland, PA HOME PRICES

Value Range
> $1,049,000 0.0
$787,001 - $1,049,000 0.0
$525,001 - $787,000 0.0
$420,001 - $525,000 2.0
$315,001 - $420,000 4.3
$210,001 - $315,000 32.0
$105,001 - $210,000 54.7
$53,001 - $105,000 1.8
$0 - $53,000 5.2

High for PA
High for Nation

Value Relative to Nation Value Relative to State
36.575510921122 25.7971014492754

Number Of Homes And Apartments:
2,336

Rent & Ownership

 

Average Market Rent:
$880 / per month

Homeownership Rate

Homeownership
Owners 60.71
Renters 39.29
Vacant 2.71

Housing Market Details

 

Age of Homes

AGE OF New Holland HOMES
2000 or Newer 8.3
1970 - 1999 38.4
1940 - 1969 26.2
1939 or Older 27.2

Types of Homes

TYPE OF New Holland HOMES
Single-Family 57.1
Townhomes 13.4
Small Apt. Buildings 17.3
Apt. Complexes 12.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF New Holland HOMES
No Bedroom 3.75
1 Bedroom 13.08
2 Bedrooms 22.62
3 Bedrooms 46.73
4 Bedrooms 12.37
5 or more bedrooms 1.46

New Holland Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
38.04% 1.91% 3 4
* 10 is highest

Popular Neighborhoods in New Holland

Zip Codes in New Holland, PA