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Hollymead

Learn about the people, housing, costs and businesses in Hollymead, Virginia

Median Home$475,368
Median Rent$2,159/month
Population8,569
Leading IndustriesPublic Administration · Professional Services · Healthcare35% public administration
Home Value Growth+7.9% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners79% of occupied units
NotableTransit89/100 · excellent transit access
NotableHighly Educated33% bachelor's · 18% graduate · top 5% nationally
Hollymead
VA

Frequently Asked Questions

What are today's mortgage rates in Hollymead?

As of today, the 30-year fixed mortgage rate for Hollymead is approximately 6.885% (6.921% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Hollymead?

The median home value in Hollymead is $475k. The median monthly rent is $2,159. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hollymead?

Home values in Hollymead have increased 7.9% over the past two years. This represents moderate growth. 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 Hollymead?

Based on a typical all-in ownership cost of $2,025/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $87k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hollymead is $133k/year.

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What industries drive the economy in Hollymead?

The largest employment sectors in Hollymead are public administration (35%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.