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New Holland

Learn about the people, housing, costs and businesses in New Holland, Illinois

Median Home$122,000
Median Rent$954/month
Population287
Leading IndustriesConstruction · Agriculture & Mining · Education11% construction
Home Value Growth+6.0% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners73% of occupied units
New Holland
IL

Frequently Asked Questions

What are today's mortgage rates in New Holland?

As of today, the 30-year fixed mortgage rate for New Holland is approximately 6.994% (7.003% 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 New Holland?

The median home value in New Holland is $122k. The median monthly rent is $954. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Holland?

Home values in New Holland have increased 6.0% 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 New Holland?

Based on a typical all-in ownership cost of $851/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Holland is $81k/year.

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What industries drive the economy in New Holland?

The largest employment sectors in New Holland are public administration (22%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.