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 2,123, 879 total housing units (homes and apartments), and a median house value of $75,399, house prices in Hollandale are some of the most affordable in Mississippi as well as the nation.
Single-family detached homes are the single most common housing type in Hollandale, accounting for 68.80% of the city's housing units. Other types of housing that are prevalent in Hollandale include duplexes, homes converted to apartments or other small apartment buildings ( 17.17%), large apartment complexes or high rise apartments ( 8.80%), and a few mobile homes or trailers ( 4.35%).
The most prevalent building size and type in Hollandale are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 49.24% owning and 50.76% renting.
There is a lot of housing in Hollandale 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 Hollandale built between 1940-1969 ( 30.11%). A lesser amount of the housing stock also hails from between 2000 and later ( 2.93%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Hollandale, where house values have increased just 51.25%, which is annualized rate of 4.22%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Hollandale appreciation rates have trailed the rest of the nation. In the last twelve months, Hollandale's appreciation rate has been 2.74%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hollandale were at 0.14%, which equates to an annual appreciation rate of 0.56%.
Relative to Mississippi, our data show that Hollandale's latest annual appreciation rate is higher than 80% of the other cities and towns in Mississippi.
$75,399
for Mississippi
for nation
879
$1,019 / per month