Mortgage payment estimates, closing cost breakdowns, and homebuying data for Holland, Michigan.
Pre-filled with Holland median home price and Michigan tax/insurance rates. Adjust for your property.
Estimated closing costs based on Michigan rates and fees applied to Holland prices.
The median home price in Holland is $275,000, 15% above the Michigan state median of $240,000. With a population of 33,877, Holland is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Michigan average 1.54% annually. This higher-than-average tax rate means a $275,000 home in Holland would carry roughly $353/month in property taxes alone — plan accordingly. Homeowners insurance in Michigan runs approximately $1,800 per year. This is within the normal range nationally.
Average rent in Holland is $1,180/month. The price-to-rent ratio in Holland is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Holland presents moderate affordability. The $275K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.