Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Hollis

Queens · New York, NY

2 active listings · Median $626K

$626K
Median Asking
$2,250/mo
Median Rent/Mo
2
Active Listings
133.5
Avg Days on Market

Monthly Snapshot

Live from REBNY/RLS

Calculating market narrative...

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Market Pulse — Hollis

What defines this market

A mixed-stock submarket with strong rent growth, sale values below the 5-year high, and sale listings sitting longer than a year ago.

Common search patterns

first-time buyersvalue buyersnegotiating leveragestrong rent growth

Median asking rent in Hollis is $2,250/month, $1,250 below the 5-year high set in Apr 2024. Rents are up +30.4% year over year and +50.0% over the past 5 years. Median sale price stands at $626K, 37.3% below the 5-year high recorded in Oct 2024. Sale prices are down -9.8% year over year. Sale listings are clearing 71 days slower than at this point last year.

Rental snapshot

  • Median asking rent: $2,250/month ($1,250 below the 5-year high in Apr 2024)
  • Year-over-year rent change: +30.4%
  • 5-year rent change: +50.0%
  • Active rental listings: 11

For-sale snapshot

  • Median sale price: $626K (37.3% below the 5-year high in Oct 2024)
  • Year-over-year sale price change: -9.8%
  • Median days on market (sale): 133.5 days (71 days slower than a year ago)
  • Active for-sale listings: 6 (-45.5% YoY)
  • Active listings with a price cut: 12.5%
  • Recent monthly closed sales: 6

Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.

Source: StreetEasy market data, through Jun 2026.

About Hollis

Hollis is a residential neighborhood in eastern Queens featuring Colonial, Tudor, and Cape Cod-style single-family homes with gardens and driveways, interspersed with modest apartment buildings near commercial corridors. The Long Island Rail Road's Hollis station on the Main Line provides direct com...

In my 25+ years selling real estate across New York City, I have represented buyers and sellers in Hollis and I use this data in real negotiations, not just for a web page.

Quick Facts

BoroughQueens
Zip Code11423
SubwayBus service
Building TypesMixed

Transit, Schools & Commute

Subway Lines:

Stations: Bus service available


Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
$625,895
-9.8% YoY
Median Rent
$2,250/mo
+30.4% YoY
Price per Sq Ft
$729
Sale-to-List Ratio
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Price Trends

Median closed sale price by month

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Current Inventory Snapshot

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Inventory & Activity
Active Listings6
Pending Sales0
New This Week0
New This Month0
Avg DOM133.5 days
Price Cut Rate12.5%
Recent Sales
Sold Last 30 Days0
Sold Last 90 Days1
Sale-to-List--
Asking Prices
Median Asking$625,895
Average Asking$1,737,500
Median $/SqFt$729
Median Condo$275,000
Median Co-op$290,000
Property Mix
Condo: --Co-op: --Other: --

Price by Bedroom

Based on active listings in Hollis

TypeActive ListingsMedian PricePrice Range
Studio0----
1 Bedroom0----
2 Bedrooms1$2,600,000$2.60M - $2.60M
3+ Bedrooms1$875,000$875K - $875K

Active Listings

Properties in Hollis

REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.

Nearby Neighborhoods

Hollis Property Type Pages

Why Work With Milton in Hollis

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

Active in Queens

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Hollis buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."

JR
Verified Buyer
Google Review

"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."

MC
Verified Seller
Zillow Review

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Frequently Asked Questions about Hollis

The median sale price in Hollis is $626K. Condos sit at a median of $275K and co-ops at $290K. Sale prices are down 9.8% year over year.

No. The median sale price in Hollis is currently 37.3% below the 5-year high recorded in October 2024. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in Hollis have a median of 133.5 days on market. That is 71 days slower than the same point a year ago. Roughly 12.5% of active listings have recorded a price cut, suggesting some negotiating room.

Hollis is currently tilting toward buyers. Median days on market is 133.5 days and roughly 12.5% of active listings have recorded a price cut, both indicating room to negotiate.

Hollis offers both co-ops and condos. The two segments price similarly, with condos at a $275K median and co-ops at $290K.

Roughly 6 homes change hands each month in Hollis across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in Hollis is $2,250/month. Rents are up 30.4% year over year.

Median asking rent in Hollis is currently $1,250 below the 5-year high set in April 2024. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in Hollis has risen 50.0% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of Hollis, median sale prices range across Jamaica Estates at $1.3M, Hillcrest at $1.2M, Queens Village at $850K, St. Albans at $720K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Hollis is served by the Bus service. The commute to Midtown Manhattan runs roughly 178 minutes from Nearest bus stop.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Hollis, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].

How I Can Help in Hollis

Milton Coste, Licensed Real Estate Associate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC · NY #10301213304

25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Hollis, I will guide you every step of the way.

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