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 5,732, 2,149 total housing units (homes and apartments), and a median house value of $305,384, New Holland real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in New Holland, accounting for 65.14% of the borough's housing units. Other types of housing that are prevalent in New Holland include large apartment complexes or high rise apartments ( 13.14%), row houses and other attached homes ( 10.24%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.65%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in New Holland. Owner-occupied housing accounts for 70.67% of New Holland's homes, and 61.37% have either three or four bedrooms, which is average sized relative to America.
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 between 1940-1969 ( 31.47%). A lesser amount of the housing stock also hails from before 1939 ( 24.35%). There's also some housing in New Holland built between 2000 and later ( 11.16%).
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 6.17% during the period.
Appreciation rates are so strong in New Holland that despite a nationwide downturn in the housing market, New Holland real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, New Holland appreciation rates continue to be some of the highest in America, at 10.92%, which is higher than appreciation rates in 90.87% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in New Holland. New Holland appreciation rates in the latest quarter were at 3.45%, which equates to an annual appreciation rate of 14.52%.
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 90% of the other cities and towns in Pennsylvania.
$305,384
for Pennsylvania
for nation
2,149
$1,717 / per month