Much like its surrounding areas, it's substantially more expensive compared to the United States as a whole. However compared to the city of Richmond, it's somewhat more expensive.
Home prices
The median home in Hollymead is valued at $294,300. This is approximately $12,940 (4%) higher in comparison to nearby areas.In comparison to the country as a whole it is approximately $76,800 (35%) higher, and in comparison to the city of Richmond it is approximately $63,800 (27%) higher.
Rents
The median monthly rent in Hollymead is $1,429. This is about $267 (22%) higher compared to its nearby areas.It is approximately $367 (34%) higher in comparison to the United States as a whole, and is about $404 (39%) higher compared to the city of Richmond.
Nearby places
Piney Mountain
Piney Mountain is Hollymead's neighbor to the northeast. The real estate prices there are significantly less expensive. The median home in Piney Mountain is valued at $184,900, which works out to $109,400 (59%) lower than Hollymead. Rents there are a bit less expensive. In Piney Mountain the median monthly rent is $1,216, which comes out to $213 (17%) lower than Hollymead.
Charlottesville
Charlottesville is about 6 miles south from Hollymead. Its real estate prices are pretty similar. The median home in Charlottesville costs $299,600, which is $5,300 (1%) higher than Hollymead. The rent there is somewhat less expensive. The median rent in Charlottesville is $1,142 per month, which works out to $287 (25%) lower than Hollymead.
Pantops
Pantops is roughly 6 miles south from Hollymead. Housing prices there are somewhat more expensive. The median home in Pantops costs $330,100, which is $35,800 (10%) higher than Hollymead. Its rents are somewhat less expensive. In Pantops the median rent is $1,284 per month, which comes out to $145 (11%) lower than Hollymead.
University of Virginia
University of Virginia is about 7 miles southwest from Hollymead. Its housing prices are a little more expensive. The median home in University of Virginia costs $397,200, which is $102,900 (25%) higher than Hollymead. Rent there is a little less expensive. In University of Virginia the median rent is $1,126 per month, which comes out to $303 (26%) lower than Hollymead.
Twin Lakes
Twin Lakes is approximately 8 miles north of Hollymead. Its real estate prices are a lot less expensive. The median home in Twin Lakes costs $195,000, which comes out to $99,300 (50%) lower than Hollymead. Rents there are substantially less expensive. The median monthly rent in Twin Lakes is $1,042, which is $387 (37%) lower than Hollymead.
