Hollis, NY Foreclosures
Current Market Conditions in in Hollis, NY As of February 2026?
Over the past month, Hollis' real estate market has continued to heat up, with an uptick in buyer activity and a decrease in available inventory. Sellers are seeing offers above asking price, particularly for well-maintained homes in desirable locations. The competitive market conditions have prompted renters to consider purchasing homes, further propelling demand.
How much do homes sell for in Hollis, NY?
The average home price is currently $852,437.
In Hollis, NY, how many homes are available?
There are currently 75 active home listings available in Hollis.
What’s the average rental cost in Hollis, NY?
The average rental price in Hollis is $2,646.
What is the most expensive home in Hollis?
The most expensive home sold in Hollis had a price of $6,196,514.
What is currently the cheapest priced home in Hollis, NY?
The cheapest home for sale in Hollis is priced at $292,500.
Living in Hollis, NY
Hollis, NY, is a bustling neighborhood in Queens known for its diverse culture and strong community spirit. With excellent public transport options, parks for outdoor activities, and plentiful local amenities, it offers residents a convenient and enjoyable lifestyle. The area strikes a perfect balance between urban living and community-oriented activities.
Buyer vs Seller Market in Hollis, NY
The real estate market in Hollis, NY has shown consistent growth over the past few years, benefiting from its proximity to public transportation and a variety of amenities. Recent developments and an influx of new residents have contributed to rising home values, making it a hot spot for potential investors.
As of late 2023, the market has shifted towards a seller's advantage, with reduced days on market and multiple offers becoming common for desirable listings. However, while prices are increasing, there are still opportunities to find affordable homes, particularly for first-time home buyers.
Home Value Estimator For Hollis, NY
There are currently 121 real estate properties
in Hollis, NY,
with a median automated valuation model (AVM) price
of $723,600.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hollis, NY, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Hollis, NY,
is $852,437.00, with the most expensive house
in Hollis, NY, topping out
at $6,196,514.00 and the cheapest home
in Hollis, NY,
clocking in at $292,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hollis, NY!
Rent Prices
In Hollis, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hollis, NY, is on
a rollercoaster ride. The
average rent price in Hollis, NY,
is $2,646.00. Indeed, when looking to rent in
Hollis, NY, you can expect to pay as little
as $1,410.00 or as much
as $3,800.00,
with the average rent median estimated to
be $2,700.00. The good news is that finding
an affordable and desirable property to rent in Hollis, NY
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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