Market Overview for May, 2026
Median Sale Price
-42.4% YoY
Median Price/Sqft
-24.4% YoY
No. of Transactions
-14.3% YoY
Queens Median Sale Price
-1% YoY
What is the median sale price and median price per sq ft in LIC?
In May, the median home sale price in LIC was $475K, down 42.4% year-over-year.
There were a total of 6 transactions, representing a 14.3% drop compared to May last year.
The median price per square foot was $1,067, a -24.4% YoY change.
In May, the median home sale price in Queens was $550K.
Top most expensive neighborhoods in Queens
LIC median price compared with other neighborhoods in Queens
Property values in LIC are lower compared to the borough of LIC overall.
LIC median price compared with all the neighborhoods in Queens
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| Belle Harbor | Queens | $1,200,000 |
| Queensboro Hill | Queens | $1,104,000 |
| Hunters Point | Queens | $1,094,375 |
| Floral Park | Queens | $925,000 |
| Fresh Meadows | Queens | $884,000 |
| College Point | Queens | $868,000 |
| East Elmhurst | Queens | $852,500 |
| Glendale | Queens | $845,000 |
| Bellerose | Queens | $836,400 |
| Middle Village | Queens | $835,000 |
| Old Astoria | Queens | $829,500 |
| Rockwood Park | Queens | $825,000 |
| Ditmars - Steinway | Queens | $808,995 |
| Richmond Hill | Queens | $795,000 |
| Hollis | Queens | $790,000 |
| Saint Albans | Queens | $785,000 |
| Bayside | Queens | $775,000 |
| South Ozone Park | Queens | $768,500 |
| Queens Village | Queens | $745,500 |
| Laurelton | Queens | $722,262 |
| Rochdale | Queens | $710,000 |
| Hamilton Beach | Queens | $705,000 |
| South Astoria | Queens | $701,159 |
| Far Rockaway | Queens | $691,000 |
| Maspeth | Queens | $662,500 |
| Jamaica | Queens | $655,000 |
| Breezy Point | Queens | $648,500 |
| Springfield Gardens | Queens | $644,000 |
| Woodhaven | Queens | $619,500 |
| Cambria Heights | Queens | $604,500 |
| Little Neck | Queens | $601,500 |
| Astoria Heights / Upper Ditmars | Queens | $565,000 |
| Ozone Park | Queens | $552,500 |
| Downtown Flushing | Queens | $550,000 |
| Murray Hill | Queens | $545,000 |
| Elmhurst | Queens | $514,000 |
| Hollis Hills | Queens | $499,000 |
| Rosedale | Queens | $487,500 |
| LIC | Queens | $475,000 |
| Ridgewood | Queens | $470,000 |
| East Flushing | Queens | $465,000 |
| Rego Park | Queens | $460,000 |
| Forest Hills | Queens | $437,000 |
| Sunnyside Gardens | Queens | $418,000 |
| Bay Terrace | Queens | $390,000 |
| Glen Oaks | Queens | $390,000 |
| Arverne | Queens | $387,500 |
| Whitestone | Queens | $385,000 |
| Woodside | Queens | $371,000 |
| Jackson Heights | Queens | $350,000 |
| Auburndale | Queens | $330,000 |
| Sunnyside | Queens | $325,000 |
| Oakland Gardens | Queens | $320,000 |
| Corona | Queens | $315,000 |
| Kew Gardens Hills | Queens | $310,000 |
| Kew Gardens | Queens | $305,000 |
| Douglaston | Queens | $300,000 |
| Briarwood | Queens | $284,000 |
| Lindenwood | Queens | $263,020 |
| Jamaica Estates | Queens | $245,000 |
| Jamaica Hills | Queens | $175,000 |
Residential Properties Sold in LIC
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $897K | 2.9% | $1K | -24.4% | 3 |
| Coops | $382K | -40% | - | - | 3 |
| Houses | - | - | - | - | 0 |
The median condo prices in LIC remained flat year-over-year at $897K. Median coop sale price in LIC were $382K, a change of -40% year-over-year. There was no statistically significant data for median house sale price activity for the period of May in LIC.
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