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 a population of 4,659, 1,925 total housing units (homes and apartments), and a median house value of $215,099, house prices in Hollister are solidly below the national average.
Single-family detached homes are the single most common housing type in Hollister, accounting for 53.14% of the city's housing units. Other types of housing that are prevalent in Hollister include large apartment complexes or high rise apartments ( 18.80%), mobile homes or trailers ( 17.05%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.94%).
Dwellings in Hollister tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 53.05% of the homes in Hollister have two or fewer bedrooms.
There is a lot of housing in Hollister 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 Hollister built between 2000 and later ( 29.71%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.04%). There's also some housing in Hollister built before 1939 ( 3.54%).
In the last 10 years, Hollister has experienced some of the highest home appreciation rates of any community in the nation. Hollister real estate appreciated 115.12% over the last ten years, which is an average annual home appreciation rate of 7.96%, putting Hollister in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hollister 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 Hollister that despite a nationwide downturn in the housing market, Hollister real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hollister appreciation rates continue to be some of the highest in America, at 5.74%, which is higher than appreciation rates in 84.36% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hollister. Hollister appreciation rates in the latest quarter were at -0.14%, which equates to an annual appreciation rate of -0.56%.
Relative to Missouri, our data show that Hollister's latest annual appreciation rate is higher than 70% of the other cities and towns in Missouri.
$215,099
for Missouri
for nation
1,925
$1,292 / per month