Hollis, ME—04042
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hollis, ME
As of Oct '25, the median home price in Hollis, ME is $418,000, with a year-over-year change of -0.1%. This indicates that home prices in Hollis, ME are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $418,000 | -0.1% |
| Single Family | $418,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $453,000 | 1.3% |
4 Bed | $504,000 | 3.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hollis, ME
Hollis, ME lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hollis, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Hollis, ME is 51. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $545,000 | 21.0% |
Listing Count | 18 | 119.0% |
| Listings as % of Homes | 0.4% | 119.0% |
Days on Market | 51 | -16.0% |
Demographics — Hollis, ME
As of the latest ACS Survey released in 2023, Hollis, ME has a population of 4,820, which has increased by 6.0% over the past 5 years. Hollis, ME is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 27.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,820 | 6.0% |
% Under 18 | 17.4% | 7.4% |
% Seniors | 15.2% | -16.9% |
% WFH | 15.4% | 227.7% |
% w/ College Degree | 27.3% | 11.0% |
As of the latest ACS Survey released in 2023, Hollis, ME is a predominantly white area, with 94.7% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Hollis, ME is hispanic, making up 1.1% of the population. Foreign-born residents account for 2.5% of the population in Hollis, ME, and this percentage has increased by 92.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.7% | -1.8% |
% Black | 0.8% | 300.0% |
% Hispanic | 1.1% | 37.5% |
% Asian | 0.7% | ∞% |
% Foreign Born | 2.5% | 92.3% |
Mortgage and Risk — Hollis, ME
According to HUD data as of 2023, there were 137 mortgage originations in Hollis, ME, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Hollis, ME. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 137 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Hollis, ME
Hollis, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,370 |
| 2 Bedroom | N/A | N/A | $1,760 |
| 3 Bedroom | N/A | N/A | $2,180 |
| 4 Bedroom | N/A | N/A | $2,470 |
Affordability — Hollis, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $418,000 |
| Median Household Income | $81,200 |