Kew Gardens Real Estate Market Trends

Market Overview for Quarter 4, 2020


Median Sale Price

$350K

-6% YoY


Median Price/Sqft

$512

0% YoY


No. of Transactions

41

-10% YoY

Queens Median Sale Price

$560K

8% YoY

In Quarter 4, the median home sale price in Kew Gardens was $350K, down 6% year-over-year. There were a total of 41 transactions, representing a 10% drop compared to Quarter 4 last year. The median price per square foot was $512, a 0% YoY change. In Quarter 4, the median home sale price in Queens was $560K.

Kew Gardens Neighborhood Map

The small, charming neighborhood of Kew Gardens is smack dab in the middle of Queens and is known for its curving streets. With a diverse, middle-class population, housing options are various: garden apartments, co-ops, multi-family homes, and single-family homes. There's a station on the Long Island Railroad and lots of green space.

Kew Gardens Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in Kew Gardens

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Top most expensive neighborhoods in Queens

Kew Gardens median price compared with other neighborhoods in Queens

Property values in Kew Gardens are lower compared to the borough of Kew Gardens overall.




Kew Gardens median price compared with all the neighborhoods in Queens

Neighborhood Borough Median Sale Price
Malba Queens $1,350,000
Belle Harbor Queens $975,000
Hollis Hills Queens $926,000
Ditmars - Steinway Queens $915,000
Hunters Point Queens $909,280
Queensboro Hill Queens $905,000
Jamaica Estates Queens $868,000
Fresh Meadows Queens $860,000
Bayside Queens $822,500
Auburndale Queens $821,500
Rockwood Park Queens $820,000
Hamilton Beach Queens $783,000
Jamaica Hills Queens $770,000
East Flushing Queens $760,000
Douglaston Queens $746,000
Maspeth Queens $740,000
Middle Village Queens $721,250
Old Astoria Queens $720,000
Floral Park Queens $717,500
Murray Hill Queens $695,000
College Point Queens $690,000
Ridgewood Queens $685,000
Glendale Queens $680,000
South Astoria Queens $678,500
Pomonok Queens $664,000
Neponsit Queens $657,000
Old Howard Beach Queens $628,000
East Elmhurst Queens $620,000
Ozone Park Queens $615,000
Hollis Queens $612,000
Bellerose Queens $605,000
Downtown Flushing Queens $585,223
Queens Village Queens $585,000
Brookville Queens $580,000
Rochdale Queens $577,500
South Ozone Park Queens $556,500
Laurelton Queens $555,000
Rosedale Queens $552,000
Breezy Point Queens $550,000
Richmond Hill Queens $550,000
Woodhaven Queens $550,000
Far Rockaway Queens $542,500
Springfield Gardens Queens $537,550
Seaside Queens $529,000
Cambria Heights Queens $529,000
Saint Albans Queens $525,000
Jamaica Queens $492,000
LIC Queens $489,500
Sunnyside Gardens Queens $485,000
Sunnyside Queens $459,000
Whitestone Queens $450,000
Astoria Heights / Upper Ditmars Queens $447,500
Roxbury Queens $445,000
Bay Terrace Queens $430,000
Broad Channel Queens $425,000
Arverne Queens $425,000
Forest Hills Queens $415,000
Jackson Heights Queens $415,000
Rockaway Park Queens $412,500
Rego Park Queens $399,000
Little Neck Queens $389,500
Elmhurst Queens $387,500
Kew Gardens Hills Queens $368,000
Ramblersville Queens $355,000
Glen Oaks Queens $354,000
Woodside Queens $350,000
Kew Gardens Queens $350,000
Corona Queens $347,500
Briarwood Queens $339,500
Oakland Gardens Queens $328,775
Rockaway Beach Queens $316,000
Lindenwood Queens $275,000

Residential Properties Sold in Kew Gardens

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $505K 1% $599 16% 10
Coops $277K -10% $352 -20% 25
Houses $970K 38% $478 -3% 6

The median house sale price in Kew Gardens in Quarter 4 was $970K, up 38% year-over-year. However, median condo prices in Kew Gardens remained flat year-over-year at $505K. Median coop sale price in Kew Gardens were $277K, a change of -10% year-over-year.

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Kew Gardens Neighborhood Guide

Kew Gardens was built as one of seven planned garden communities between the late 1800s and through to 1950 and is known as a haven for those who want plenty of greenery and quiet neighbors - the third largest park in Queens is within walking distance. Residents can walk or jog on a private road any time of the year, and there are even horseback riding paths. This is a neighborhood that is undergoing changes and is a great example of the old world meeting the future.

Architecture and landmarks

The real estate market and architectural style of Kew Gardens varies not just from one area to the next, but from one side of the street to the other. In most areas, it's easy to find a mix of one-family homes that sell for well over a million dollars, apartment complexes, coops, and buildings that have been converted to condos, though the most prevalent type of housing is apartment buildings between five and ten stories high. A trip to the border of the neighborhood, near Richmond Hill, reveals a number of small, attached homes, many of which are built for two- or three-families, though developers are tearing these down in favor of building apartment buildings. The classic architectural style in Kew Gardens was once English and neo-Tudor, and though older buildings in the area reflect this, modern buildings are taking over. Many people consider this neighborhood to be historically significant, but it does not have any landmark protection at all. Kew Gardens has only two entries on the National Register of Historic Places: Maple Grove Cemetery and the Ralph Bunche house.

Transport

Kew Gardens is an extremely accessible neighborhood both by car and via public transit. Those who drive can choose from the Van Wyck Expressway, Grand Central Parkway, Queens Boulevard, Jackie Robinson Parkway, and the Union Turnpike - all of which intersect at the Kew Gardens Interchange. There is a subway station at Union Turnpike that has access to the E and F trains, as well as a Long Island Rail Road Stop. There are five local bus routes along with numerous express bus routes straight to Manhattan.

Schools

There is one public elementary school in Kew Gardens, PS 99, which is a magnet school that's specifically for students who are interested in pursuing law. The majority of middle school students in Kew Gardens will attend Russel Sage Junior High School in nearby forest Hills, and the designated high school for the area is Hillcrest High School in the Jamaica neighborhood. There are no Catholic schools in the neighborhood, though there is one in Richmond and one in Forest Hills. The neighborhood has four Jewish schools.

Health

There isn't a hospital within Kew Gardens, but the closest options are New York Presbyterian in Flushing or Long Island Jewish Forest Hills Hospital. Residents can visit one of a few private practices in the neighborhood or visit one of the nearby neighborhoods to have the medical care they need.

Safety

Kew Gardens is policed by the 102nd Precinct of the New York Police Department. It has one of the lowest crime rates in the city, with just 8.77 crimes per 1,000 residents in 2016.

Things to do

The commercial center of Kew Gardens revolves around Lefferts Boulevard, most notably between Metropolitan Avenue and Austin Street. Many long-time favorites of the locals are here, including the Kew Gardens Cinema, where movie goers can take in a wide selection of indie films from around the world, Austin's Steak, Dani's Pizzeria, and the Comic Den.

There are also a number of international spots worth stopping for, including the Romaskha Russian grocery store, the Uzbekistan Cultural Center, and Coconuts, a nightclub with a Caribbean theme. There are also many other popular stores including the Homestead Gourmet Shop, Thyme Natural Market, and Dolce Vita Apparel.

There is a Queens Library branch of Kew Gardens that includes monthly special events. This neighborhood borders Forest Park, one of the largest parks in all of Queens.