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Real Estate Prices & Overview

Hollis Southwest median real estate price is $954,067, which is more expensive than 72.6% of the neighborhoods in New York and 89.7% of the neighborhoods in the U.S.

The average rental price in Hollis Southwest is currently $3,167, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.4% of New York neighborhoods.

Hollis Southwest is a densely urban neighborhood (based on population density) located in Queens, New York.

Hollis Southwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Hollis Southwest neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Hollis Southwest are 4.1%, which is lower than one will find in 72.6% of American neighborhoods. Demand for real estate in Hollis Southwest is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Queens, the Hollis Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the really interesting characteristics about the Hollis Southwest neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.6% of college-friendly places to live in the state of New York.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (22.9% ride the bus) than 99.1% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, in the Hollis Southwest neighborhood, 24.2% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.6% of the neighborhoods in America.

Real Estate

If you like crowded places, then you will probably enjoy the the Hollis Southwest neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.9% of neighborhoods in the U.S., with 29,988 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Hollis Southwest neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 64.0% of the residential real estate in the Hollis Southwest neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Hollis Southwest neighborhood. More residents of the Hollis Southwest neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.3% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the Hollis Southwest neighborhood has a greater percentage of residents born in another country (75.4%) than are found in 99.9% of all U.S. neighborhoods.

Diversity

Did you know that the Hollis Southwest neighborhood has more Asian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 51.1% of this neighborhood's residents have Asian ancestry and 9.8% have South American ancestry.

Hollis Southwest is also pretty special linguistically. Significantly, 5.0% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 98.0% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Hollis Southwest neighborhood in Queens are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.0% of the neighborhoods in America. With 31.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.4% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Hollis Southwest neighborhood, 36.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.0%), and 16.4% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Hollis Southwest neighborhood is English, spoken by 46.1% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region) and Chinese.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Hollis Southwest neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (51.1%). There are also a number of people of South American ancestry (9.8%), and residents who report Dominican roots (2.0%), and some of the residents are also of Haitian ancestry (1.8%), along with some Irish ancestry residents (1.7%), among others. In addition, 75.4% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Hollis Southwest neighborhood spend between 45 minutes and one hour commuting one-way to work (47.6% of working residents), longer and tougher than most commutes in America.

Here most residents (39.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (24.2%) and 22.9% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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