Queens Real Estate Market Trends

Market Overview for Quarter 4, 2022


Median Sale Price

$550K

-4.3% YoY


Median Price/Sqft

$590

-0.9% YoY


No. of Transactions

2,496

-27% YoY

New York City Median Sale Price

$720K

-3% YoY

What is the median sale price and median price per sq ft in Queens?

In Quarter 4, the median home sale price in Queens was $550K, down 4.3% year-over-year. There were a total of 2496 transactions, representing a 27% drop compared to Quarter 4 last year. The median price per square foot was $590, a -0.9% YoY change. In Quarter 4, the median home sale price in New York City was $720K.

Queens Borough Map

Queens Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in Queens

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Top Boroughs in New York City

Queens median price compared with other neighborhoods in New York City

Property values in Queens are lower compared to NYC Median of Queens overall.




Most Expensive Neighborhoods in Queens

Neighborhood Borough Median Sale Price
Neponsit Queens $1,212,500
Malba Queens $1,190,000
Hunters Point Queens $1,135,000
Hollis Hills Queens $1,074,000
Ditmars - Steinway Queens $1,049,000
Auburndale Queens $959,000
Jamaica Estates Queens $940,000
Whitestone Queens $920,000
Bayside Queens $899,500
Rockwood Park Queens $875,000
Queensboro Hill Queens $870,000
Fresh Meadows Queens $870,000
College Point Queens $815,000
Breezy Point Queens $797,500
Maspeth Queens $780,000
Middle Village Queens $780,000
East Flushing Queens $780,000
Belle Harbor Queens $765,000
Old Howard Beach Queens $755,000
Hollis Queens $725,000
Glendale Queens $717,500
Brookville Queens $695,000
Pomonok Queens $690,000
Queens Village Queens $690,000
Douglaston Queens $685,000
Cambria Heights Queens $664,500
South Ozone Park Queens $659,000
Floral Park Queens $640,000
Richmond Hill Queens $638,400
Broad Channel Queens $636,500
Ridgewood Queens $630,000
Woodhaven Queens $626,500
Arverne Queens $624,000
Springfield Gardens Queens $620,000
Laurelton Queens $618,500
Ozone Park Queens $618,000
Rochdale Queens $615,000
Saint Albans Queens $608,150
South Astoria Queens $600,000
East Elmhurst Queens $585,000
Rosedale Queens $577,500
Old Astoria Queens $573,050
Rockaway Beach Queens $564,500
Downtown Flushing Queens $549,000
Jamaica Queens $510,000
Far Rockaway Queens $500,000
Sunnyside Gardens Queens $489,000
Roxbury Queens $487,500
Bellerose Queens $480,000
Hamilton Beach Queens $480,000
Astoria Heights / Upper Ditmars Queens $470,000
Murray Hill Queens $465,000
LIC Queens $460,000
Seaside Queens $445,000
Bay Terrace Queens $442,000
Rockaway Park Queens $435,000
Forest Hills Queens $433,000
Elmhurst Queens $430,000
Rego Park Queens $388,000
Sunnyside Queens $380,000
Little Neck Queens $374,500
Jackson Heights Queens $370,000
Glen Oaks Queens $360,000
Woodside Queens $354,500
Kew Gardens Hills Queens $350,000
Corona Queens $345,500
Oakland Gardens Queens $326,000
Kew Gardens Queens $324,500
Jamaica Hills Queens $302,500
Briarwood Queens $265,000
Lindenwood Queens $258,000

Residential Properties Sold in Queens

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $626K -2.8% $813 -1.4% 484
Coops $320K 0% $370 4% 1018
Houses $780K 3.3% $553 5.1% 989

The median house sale price in Queens in Quarter 4 was $780K, up 3.3% year-over-year. However, median condo prices in Queens remained flat year-over-year at $626K. Median coop sale price in Queens were $320K, a change of 0% year-over-year.

See also

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