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Holland, MI—49424

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$393,000
3.6% YoY Growth
Household Income
$82,400
23.0% YoY Growth
Days on Market
26
8.0% Longer YoY
Home Price Forecast
1.9%
Median Rent
$1,800
9.6% YoY Growth
1-Bed Rent
$1,420
N/A
2-Bed Rent
$1,700
22.6% YoY Growth
3-Bed Rent
$2,400
11.1% YoY Growth

Other Zip Codes in Holland, MI

49423
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Holland, MI

As of May '26, the median home price in Holland, MI is $393,000, with a year-over-year change of 3.6%. This indicates that home prices in Holland, MI are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$393,0003.6%
Single Family $401,0003.6%
Condos $354,0003.2%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$322,0003.9%
    3 Bed
    		$393,0003.7%
    4 Bed
    		$476,0003.3%
    5 Bed $636,1213.3%
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    % of Housing Stock

    Studio
    1.2%
    1 Bedroom
    5.1%
    2 Bedrooms
    25.2%
    3 Bedrooms
    37.3%
    4 Bedrooms
    25.5%
    5+ Bedrooms
    5.8%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,800$2,050
    Studio Rent N/AN/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
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    % of Rental Stock

    Studio
    4.4%
    1 Bedroom
    17.9%
    2 Bedrooms
    59.8%
    3 Bedrooms
    14.8%
    4 Bedrooms
    3.0%
    5+ Bedrooms
    0.1%

    Property Listings — Holland, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Holland, MI is 26. This is a increase of 8.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$500,00011.0%
    Listing Count
    		13610.0%
    Listings as % of Homes0.4%10.0%
    Days on Market
    		268.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		49,0001.3%
    % Under 18
    		22.2%-14.3%
    % Seniors
    		16.3%24.4%
    % WFH
    		7.7%156.7%
    % w/ College Degree
    		34.4%12.8%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio4.3
    Median Home Price$393,000
    Median Household Income$82,400

    Holland, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    49460

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    Frequently Asked Questions