Queens County, NY Home Values & Market Trends

The median home price in Queens County, NY is $855,127.42. There were 14,048 home sales in Queens County, NY over the past 12 months. The median residential Queens County, NY home value for transactions over the previous year is $605,065.208. The number of current listings in Queens County, NY is 2,041, and the percentage of properties for sale is 2041.00%. The county has 4,955 foreclosures, 22 bank owned properties, 170 headed for auction, and 2,041 properties for sale.

Queens County, NY Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Flushing

$ 920,000

$ 661/sqft

Corona

$ --

$ --

Jamaica

$ 725,000

$ 492/sqft

Bellerose

$ --

$ --

Long Island City

$ 1,033,913

$ 763/sqft

Cambria Heights

$ --

$ --

Far Rockaway

$ 717,900

$ 397/sqft

Kew Gardens

$ --

$ --

Floral Park

$ 753,261

$ 480/sqft

Forest Hills

$ --

$ --

Glen Oaks

$ 819,000

$ 619/sqft

Elmhurst

$ --

$ --

Woodside

$ 692,430

$ 760/sqft

Oakland Gardens

$ --

$ --

Howard Beach

$ 653,924

$ 480/sqft

South Ozone Park

$ --

$ --

Springfield Gardens

$ --

$ --

Maspeth

$ --

$ --

Arverne

$ --

$ --

Whitestone

$ --

$ --

Fresh Meadows

$ --

$ --

Breezy Point

$ --

$ --

Rosedale

$ --

$ --

College Point

$ --

$ --

Jackson Heights

$ --

$ --

Saint Albans

$ --

$ --

Rockaway Park

$ --

$ --

Queens Village

$ --

$ --

Bayside

$ --

$ --

Richmond Hill

$ --

$ --

Astoria

$ --

$ --

East Elmhurst

$ --

$ --

Sunnyside

$ --

$ --

Ridgewood

$ --

$ --

South Richmond Hill

$ --

$ --

Little Neck

$ --

$ --

Ozone Park

$ --

$ --

Rego Park

$ --

$ --

Middle Village

$ --

$ --

Hollis

$ --

$ --

Woodhaven

$ --

$ --

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Housing Market Summary for Queens County, NY

Mar 2023February 2024Change
Median Listing Price$875.7K$857.8K-2.03%
Median Sold Price$850K$857.8K0.92%
Homes For Sale1,4762,00635.91%
Homes Sold7,8068,3256.65%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Queens County, NY

Queens County, NY home values range from $45,557 to $539,534,981. Long Island City is the priciest city with a median listing home price of $1,249,999.5, and Howard Beach is most affordable with average house prices of around $350,000.

Foreclosure
There are 41 cities within Queens County, NY; within these cities, the median estimated home value for homes in foreclosure ranges from $1,176,932 in Flushing to the lowest value of $83,335 in Flushing. Foreclosure homes account for 1.00% of properties in Queens County, NY with Jamaica containing 3216 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.53% of all residential properties in Queens County, NY with Jamaica containing 3095 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 41 cities within Queens County, NY; of those cities, the estimated home value for pre-foreclosure homes ranges from $4,609,932 in Woodside to the lowest home value of $83,335 in Flushing.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Queens County, NY ranges from the highest value of $1,073,000 in Flushing to the lowest value of $175,000 in Jamaica. Bank owned homes and properties account for 0.01% of properties in Queens County, NY. There are 41 cities within Queens County, NY; Jamaica containing 16 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Jamaica has 105 auction properties, the highest number of properties going to auction in a single city in the state of Queens County, NY. Auction homes and other auction properties account for 0.05% of all properties in Queens County, NY. There are 41 cities within Queens County, NY; of those cities, the median estimated home value for homes going to auction ranges from $1,588,000 in Long Island City to the lowest value of $261,302 in Long Island City.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.65% of residential properties in Queens County, NY with Flushing containing 1047 homes for sale, the highest number of listed properties in a single city. There are 41 cities within Queens County, NY; homes for sale in those cities, have a range of median values from $1,552,581 in Glen Oaks to the lowest value of $76,965 in Flushing.
    Sold Homes
    The median value for recently sold homes ranges from $2,343,295 in Forest Hills to the lowest price of $66,503 in Forest Hills. There are 41 cities within Queens County, NY. Flushing has 4118 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.67% of properties in Queens County, NY.

      Compare Nearby Cities

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      Guide for Queens County, NY

      Market Reports
      Rochester Real Estate: A Year of Growth and Potential
      Market Reports
      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      New York
      Buffalo Real Estate Market Soars in 2023
      Investment Guides
      Will Downtowns Go From Offices to Apartments?
      See More Articles
      Rochester Real Estate: A Year of Growth and Potential
      Market Reports|posted 13 March 2024

      Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.

      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      Market Reports|posted 27 February 2024

      New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.

      Buffalo Real Estate Market Soars in 2023
      New York|posted 19 January 2024

      An increase is house prices but a slowdown of homes sold in September

      Will Downtowns Go From Offices to Apartments?
      Investment Guides|posted 15 February 2022

      With more people working from home, there's an of excess office spaces. Older buildings may be up for apartment conversions especially with proposed tax breaks