Milton Coste

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NYC Neighborhood Comparison

Hollis vs Richmond Hill

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

Queens|Queens

Hollis

Queens

Richmond Hill

Queens

How They Compare

For buyers focused on affordability, Hollis has the lower median sale price at $735K vs $775K in Richmond Hill.

Median Sale Price
$735K
$775K
Median Rent
$2K
$2K
Active Listings
6
12
Avg Days on Market
0 days
0 days
YoY Price Change
-12.6%
-6.1%
Monthly Sales Volume
8
6

Detailed Comparison

MetricHollisRichmond Hill
Median Sale Price$735,000$775,000
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$2,099$2,250
Active Listings612
Rental Inventory911
Days on Market00
Price Cut Share26.7%22.2%
Monthly Sales Volume86
YoY Price Change-12.6%-6.1%
YoY Rent Change+5.2%-18.9%
YoY Inventory Change+200.0%-20.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Hollis moved -12.6% over the past year, compared to -6.1% in Richmond Hill. 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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Richmond Hill

Richmond Hill features a mix of high-rise residential buildings and mixed-use retail structures. The area is served by major subway lines and complemented by ample local parks. Established community landmarks anchor the geography, offering varied housing types throughout the region.

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Transit Access

Hollis

No subway data available

Richmond Hill

No subway data available

Active Listings

Hollis for sale

View all Hollis listings

Richmond Hill for sale

View all Richmond Hill 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 Richmond Hill: 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 Richmond Hill 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 Richmond Hill 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)HollisRichmond Hill
Median Sale Price$735,000$775,000
Median Rent$2,099/mo$2,250/mo
Year-over-Year Price Change-12.6%-6.1%
Average Days on Market0 days0 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 Richmond Hill?
Yes, Hollis has a lower median sale price at $735,000 compared to $775,000 in Richmond Hill as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Hollis or Richmond Hill?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Hollis or Richmond Hill?
This depends on what type of home fits your household. Hollis and Richmond Hill 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 Richmond Hill?
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 Richmond Hill 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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