Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Hollis vs Prospect Park South

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Queens|Brooklyn

Hollis

Queens

Prospect Park South

Brooklyn

How They Compare

For buyers focused on affordability, Prospect Park South has the lower median sale price at $680K vs $735K in Hollis.

Investors analyzing rental yield will find Prospect Park South offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$735K
$680K
Median Rent
$2K
$3K
Active Listings
6
22
Avg Days on Market
0 days
119.5 days
YoY Price Change
-12.6%
0.0%
Monthly Sales Volume
8
2

Detailed Comparison

MetricHollisProspect Park South
Median Sale Price$735,000$680,000
Median Condo PriceN/A$628,220
Median Co-op PriceN/AN/A
Median Rent$2,099$3,300
Active Listings622
Rental Inventory963
Days on Market0119.5
Price Cut Share26.7%9.1%
Monthly Sales Volume82
YoY Price Change-12.6%0.0%
YoY Rent Change+5.2%+18.1%
YoY Inventory Change+200.0%-4.3%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Hollis moved -12.6% over the past year, compared to 0.0% in Prospect Park South. Both markets have seen price softening, with Hollis declining more sharply over the measured period.

Neighborhood Profiles

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 commuter service to Penn Station in Manhattan.

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Prospect Park South

Prospect Park South is a designated New York City historic district featuring over 200 architect-designed homes in Queen Anne, Tudor Revival, Colonial Revival, and Italianate styles, many with spacious front yards and original period details. The B and Q trains stop at Parkside Avenue and Prospect Park stations, placing Downtown Brooklyn and Manhattan within easy reach. The neighborhood borders Prospect Park's southern edge, providing direct access to 526 acres of green space including the Parade Ground's athletic fields.

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Transit Access

Hollis

No subway data available

Prospect Park South

No subway data available

Active Listings

Hollis for sale

View all Hollis listings

Prospect Park South for sale

View all Prospect Park South listings

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.

Hollis vs Prospect Park South: Home Price Resilience 2008-2020

From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Hollis and Prospect Park South both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Outer-borough submarkets including Hollis and Prospect Park South generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)HollisProspect Park South
Median Sale Price$735,000$680,000
Median Rent$2,099/mo$3,300/mo
Year-over-Year Price Change-12.6%0.0%
Average Days on Market0 days119.5 days
Distance to Nearest SubwayN/AN/A

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is Hollis cheaper than Prospect Park South?
Prospect Park South is more affordable, with a median sale price of $680,000 vs $735,000 in Hollis. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Hollis or Prospect Park South?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Hollis or Prospect Park South?
This depends on what type of home fits your household. Hollis and Prospect Park South both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Hollis or Prospect Park South?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Hollis and Prospect Park South gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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