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 5,538, 2,639 total housing units (homes and apartments), and a median house value of $244,158, house prices in Hollidaysburg are solidly below the national average.
Single-family detached homes are the single most common housing type in Hollidaysburg, accounting for 65.70% of the borough's housing units. Other types of housing that are prevalent in Hollidaysburg include duplexes, homes converted to apartments or other small apartment buildings ( 14.08%), large apartment complexes or high rise apartments ( 13.24%), and a few row houses and other attached homes ( 6.99%).
The most prevalent building size and type in Hollidaysburg are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 63.97% owning and 36.03% renting.
The housing in Hollidaysburg was primarily built before 1939 ( 50.61%), making the housing stock in Hollidaysburg some of the oldest overall in America, although there is a range of ages of homes in Hollidaysburg. The next most important housing age is between 1940-1969 ( 24.17%), followed by between 2000 and later ( 14.22%). There's also some housing in Hollidaysburg built between 1970-1999 ( 11.00%).
Hollidaysburg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hollidaysburg during the period has been just 4.84%, which is lower than 80% of US communities.
Appreciation rates are so strong in Hollidaysburg that despite a nationwide downturn in the housing market, Hollidaysburg real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hollidaysburg appreciation rates continue to be some of the highest in America, at 15.57%, which is higher than appreciation rates in 88.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hollidaysburg. Hollidaysburg appreciation rates in the latest quarter were at 9.21%, which equates to an annual appreciation rate of 42.26%.
Importantly, this makes Hollidaysburg 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 Hollidaysburg's latest annual appreciation rate is higher than 90% of the other cities and towns in Pennsylvania.
$244,158
for Pennsylvania
for nation
2,639
$1,262 / per month