Preforeclosure Homes in Hollis, NY 11423

Current Market Conditions in Hollis, NY

The real estate market in Hollis has shown steady growth, with an increase in demand for homes due to its desirable location and amenities. Homebuyers are attracted to the combination of suburban charm and urban convenience, leading to competitive prices in the housing market. As more families seek out Queens neighborhoods for their quality of life, Hollis is seeing a rise in both listings and sales.

Hollis has seen a continuing trend of people moving from more urban parts of the city to suburban neighborhoods, leading to an increase in home values. The current market trends indicate a cautious yet optimistic outlook, with various homes being sold quickly due to high demand. Renovated homes and properties with gardens are particularly sought after as families prioritize outdoor space.

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.