Holland, MI—49424
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Holland, MI
Home Price Trends — Holland, MI
As of Oct '25, the median home price in Holland, MI is $370,000, with a year-over-year change of 2.6%. This indicates that home prices in Holland, MI are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $370,000 | 2.6% |
| Single Family | $378,000 | 2.2% |
| Condos | $332,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $310,000 | 2.6% |
3 Bed | $374,000 | 3.0% |
4 Bed | $454,000 | 2.3% |
| 5 Bed | $609,000 | 1.8% |
% of Housing Stock
Rental Trends — Holland, MI
As of July '25, Rentcast reports the average rent in Holland, MI is $2,050, with a year-over-year rent change of 9.6%. Per bedroom, the median rent as of July '25 in Holland, MI is 1-bedrooms: $1,500, 2-bedrooms: $1,790, 3-bedrooms: $2,400, 4-bedrooms: $2,100. The most common rental property sizes in Holland, MI are 2-bedroom and 1-bedroom, accounting for 59.8% and 17.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $2,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,420 | $1,500 |
| 2 Bed Rent | $1,700 | $1,790 |
| 3 Bed Rent | $2,400 | $2,400 |
| 4 Bed Rent | $1,700 | $2,100 |
% of Rental Stock
Property Listings — Holland, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Holland, MI is 37. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $471,000 | 4.0% |
Listing Count | 124 | -2.0% |
| Listings as % of Homes | 0.4% | -2.0% |
Days on Market | 37 | 12.0% |
Demographics — Holland, MI
As of the latest ACS Survey released in 2023, Holland, MI has a population of 49,000, which has increased by 1.3% over the past 5 years. Holland, MI is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 34.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 49,000 | 1.3% |
% Under 18 | 22.2% | -14.3% |
% Seniors | 16.3% | 24.4% |
% WFH | 7.7% | 156.7% |
% w/ College Degree | 34.4% | 12.8% |
As of the latest ACS Survey released in 2023, Holland, MI is a predominantly white area, with 65.3% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Holland, MI is hispanic, making up 24.7% of the population. Foreign-born residents account for 11.4% of the population in Holland, MI, and this percentage has decreased by 10.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 65.3% | -1.4% |
% Black | 1.4% | -26.3% |
% Hispanic | 24.7% | 5.1% |
% Asian | 6.0% | -13.0% |
% Foreign Born | 11.4% | -10.9% |
Mortgage and Risk — Holland, MI
According to HUD data as of 2023, there were 912 mortgage originations in Holland, MI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Holland, MI. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 912 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Holland, MI
As of 2024, the percent of homes in Holland, MI under the Section 8 program is 5.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Holland, MI, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 244 |
Total Units Section 8 | 244 |
% Rentals under Section 8 | 5.4% |
% Occupied Section 8 | 93.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$230 | $1,420 | $1,190 |
| 2 Bedroom | -$350 | $1,700 | $1,350 |
| 3 Bedroom | -$670 | $2,400 | $1,730 |
| 4 Bedroom | $270 | $1,700 | $1,970 |
Affordability — Holland, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $370,000 |
| Median Household Income | $82,400 |