Flushing, NY Home Values & Market Trends

Real estate market trends reflect that there have been 6,641 transactions over the past year in Flushing. The median value for residential home transactions that occurred over the previous year is $974,457.19. The number of current listings in Flushing is 1,047, and the percentage of properties for sale in the city is 1047.00%. Flushing, NY currently has 1,044 properties in foreclosure, 1 bank owned properties, 36 properties headed for auction, and 1,047 properties for sale.

Flushing, NY Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
11355

$ 754,500

$ 789/sqft

11358

$ 1,051,500

$ 628/sqft

11354

$ 793,500

$ 850/sqft

11367

$ 918,000

$ 651/sqft

Housing Market Summary for Flushing, NY

Mar 2023February 2024Change
Median Listing Price$1M$953.7K-9.11%
Median Sold Price$964.9K$953.7K-1.16%
Homes For Sale7081,01443.22%
Homes Sold3,7294,0719.17%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Flushing, NY

Flushing home values range from $48,511 to $203,145,471. The median estimated value of a home in Flushing is $974,457.19. The median list price of a home is 999,000, and the total count of properties in the city is 145,245.

Foreclosure
There are 4 zips within Flushing, NY; within these zips, the median estimated home value for homes in foreclosure ranges from $2,000,117 in 11367 to the lowest value of $200,000 in 11367. Foreclosure homes account for 0.00% of properties in Flushing, NY with 11358 containing 47 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.69% of all residential properties in Flushing, NY with 11358 containing 46 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Flushing, NY; of those zips, the estimated home value for pre-foreclosure homes ranges from $2,090,843 in 11354 to the lowest home value of $200,000 in 11367.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Flushing, NY ranges from the highest value of $0 in 11367 to the lowest value of $0 in 11355. Bank owned homes and properties account for 0.00% of properties in Flushing, NY. There are 4 zips within Flushing, NY; 11355 containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    11367 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Flushing, NY. Auction homes and other auction properties account for 0.02% of all properties in Flushing, NY. There are 4 zips within Flushing, NY; of those zips, the median estimated home value for homes going to auction ranges from $1,309,947 in 11355 to the lowest value of $958,400 in 11355.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.72% of residential properties in Flushing, NY with 11355 containing 97 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Flushing, NY; homes for sale in those zips, have a range of median values from $1,690,000 in 11358 to the lowest value of $292,517 in 11367.
    Sold Homes
    The median value for recently sold homes ranges from $1,909,607 in 11358 to the lowest price of $211,743 in 11358. There are 4 zips within Flushing, NY. 11355 has 342 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.77% of properties in Flushing, NY.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Flushing, NY
      $
      $

      Guide for Flushing, 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