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Real Estate Prices & Overview

The Hollys / Freeman Corner median real estate price is $359,665, which is more expensive than 49.1% of the neighborhoods in Delaware and 54.9% of the neighborhoods in the U.S.

The average rental price in The Hollys / Freeman Corner is currently $2,370, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.2% of the neighborhoods in Delaware.

The Hollys / Freeman Corner is a suburban neighborhood (based on population density) located in Milford, Delaware.

The Hollys / Freeman Corner real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the The Hollys / Freeman Corner neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in The Hollys / Freeman Corner are 6.1%, which is lower than one will find in 61.0% of American neighborhoods. Demand for real estate in The Hollys / Freeman Corner 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Diversity

Did you know that the The Hollys / Freeman Corner neighborhood has more Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Canadian ancestry.

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 The Hollys / Freeman Corner neighborhood in Milford are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.7% of the neighborhoods in America. In addition, 2.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 74.6% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the The Hollys / Freeman Corner neighborhood, 31.0% 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 29.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.8%), and 18.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the The Hollys / Freeman Corner neighborhood is English, spoken by 95.5% of households. Some people also speak Spanish (2.9%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the The Hollys / Freeman Corner neighborhood in Milford, DE, residents most commonly identify their ethnicity or ancestry as Irish (15.9%). There are also a number of people of German ancestry (14.3%), and residents who report English roots (11.2%), and some of the residents are also of Italian ancestry (6.5%), along with some Polish ancestry residents (2.7%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in The Hollys / Freeman Corner neighborhood spend between 15 and 30 minutes commuting one-way to work (28.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (86.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.2%) . 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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