Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Hollis Crossroads

Learn about the people, housing, costs and businesses in Hollis Crossroads, Alabama

Median Home$152,100
Median Rent$840/month
Population644
Leading IndustriesRetail · Wholesale Trade · Transportation23% retail
Home Value Growth⬆⬆⬆+25.1% over 2 years
Retirees23% of residentsslightly above average
Homeowners77% of occupied units
NotableAffordable Market$152k median home · lower cost than 73% of the country
Hollis Crossroads
AL

Explore Hollis Crossroads

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Hollis Crossroads?

As of today, the 30-year fixed mortgage rate for Hollis Crossroads is approximately 6.999% (7.039% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Hollis Crossroads
What is the median home price in Hollis Crossroads?

The median home value in Hollis Crossroads is $152k. The median monthly rent is $840. Annual property taxes average $327. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hollis Crossroads?

Home values in Hollis Crossroads have increased 25.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Hollis Crossroads?

Based on a typical all-in ownership cost of $654/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hollis Crossroads is $48k/year.

Calculate your buying power
What industries drive the economy in Hollis Crossroads?

The largest employment sectors in Hollis Crossroads are retail (23%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.