Hollis, AK is an area with a median housing value of $277,700 which is significantly lower than the US median of $338,100. This can be a great benefit for potential buyers looking for more affordable options. Despite a lower house value than the US median, Hollis has seen an impressive 10.48% appreciation in single family homes over the past year, much higher than the 8.27% national average. This could indicate that there may be strong upward pressure on prices in the area in the near future.
The median home cost in Hollis is $277,700. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Hollis is up 14.6%.
Average Age of Homes
- The median age of Hollis real estate is 28 years old
The Rental Market in Hollis
- Renters make up 19.7% of the Hollis population
- 0.0% of houses and apartments in Hollis, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.