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
With 30,864 people, 11,573 houses or apartments, and a median cost of homes of $447,860, Holladay house prices are not only among the most expensive in Utah, Holladay real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Holladay, accounting for 69.83% of the city's housing units. Other types of housing that are prevalent in Holladay include large apartment complexes or high rise apartments ( 11.56%), row houses and other attached homes ( 9.50%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.83%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Holladay. Owner-occupied housing accounts for 74.70% of Holladay's homes, and 52.98% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Holladay's housing was primarily built during this period, from the '40s through the '60s. A full 54.04% of the city's housing hails from this era. Other housing ages represented in Holladay include homes built between 1970-1999 ( 35.20%) and housing constructed between 2000 and later ( 6.48%). There's also some housing in Holladay built before 1939 ( 4.28%).
In the last 10 years, Holladay has experienced some of the highest home appreciation rates of any community in the nation. Holladay real estate appreciated 16.49% over the last ten years, which is an average annual home appreciation rate of 1.54%, putting Holladay in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Holladay definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Holladay that despite a nationwide downturn in the housing market, Holladay real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Holladay appreciation rates continue to be some of the highest in America, at 9.15%, which is higher than appreciation rates in 91.19% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Holladay. Holladay appreciation rates in the latest quarter were at 2.95%, which equates to an annual appreciation rate of 12.32%.
Importantly, NeighborhoodScout’s exclusive research found that Holladay's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.
Relative to Utah, our data show that Holladay's latest annual appreciation rate is higher than 70% of the other cities and towns in Utah.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Holladay differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Holladay - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Holladay real estate investment or home purchase decisions.
|$947,001 - $1,262,000||5.1|
|$631,001 - $947,000||13.1|
|$505,001 - $631,000||13.8|
|$379,001 - $505,000||24.1|
|$253,001 - $379,000||25.0|
|$126,001 - $253,000||11.0|
|$63,001 - $126,000||0.8|
|$0 - $63,000||1.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Holladay HOMES|
|2000 or Newer||6.5|
|1970 - 1999||35.2|
|1940 - 1969||54.0|
|1939 or Older||4.3|
|TYPE OF Holladay HOMES|
|Small Apt. Buildings||8.8|
|SIZE OF Holladay HOMES|
|5 or more bedrooms||21.55|