Market Overview for December, 2024
Median Sale Price
14.8% YoY
Median Price/Sqft
1.6% YoY
No. of Transactions
25% YoY
Queens Median Sale Price
1% YoY
What is the median sale price and median price per sq ft in LIC?
As of December, the median home sale price in LIC was $806K, up 14.8% year-over-year.
A total of 15 properties traded, representing a 25% year-over-year increase.
The median price per square foot in December was $1,337, a 1.6% YoY change.
The median home sale price in Queens was $585K.
Top most expensive neighborhoods in Queens
LIC median price compared with other neighborhoods in Queens
LIC property values are on the higher-end for neighborhoods in Queens .
LIC median price compared with all the neighborhoods in Queens
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| Belle Harbor | Queens | $1,325,000 |
| Hunters Point | Queens | $1,262,295 |
| Fresh Meadows | Queens | $999,000 |
| Rockwood Park | Queens | $984,750 |
| East Flushing | Queens | $980,000 |
| Whitestone | Queens | $980,000 |
| Bayside | Queens | $950,000 |
| Auburndale | Queens | $936,790 |
| Hollis Hills | Queens | $925,000 |
| South Astoria | Queens | $847,665 |
| Old Howard Beach | Queens | $845,000 |
| Old Astoria | Queens | $838,000 |
| Middle Village | Queens | $825,000 |
| Rosedale | Queens | $812,500 |
| East Elmhurst | Queens | $809,450 |
| LIC | Queens | $806,265 |
| Murray Hill | Queens | $780,000 |
| Floral Park | Queens | $775,000 |
| College Point | Queens | $770,000 |
| Glendale | Queens | $757,500 |
| Maspeth | Queens | $753,227 |
| Douglaston | Queens | $738,000 |
| Sunnyside | Queens | $737,500 |
| Ozone Park | Queens | $730,000 |
| Bellerose | Queens | $690,000 |
| Queensboro Hill | Queens | $677,500 |
| Saint Albans | Queens | $675,000 |
| Queens Village | Queens | $672,500 |
| Brookville | Queens | $672,500 |
| Richmond Hill | Queens | $645,292 |
| Astoria Heights / Upper Ditmars | Queens | $640,000 |
| Laurelton | Queens | $635,000 |
| Breezy Point | Queens | $629,000 |
| Jamaica Estates | Queens | $617,500 |
| Jamaica | Queens | $600,000 |
| Rochdale | Queens | $600,000 |
| Hollis | Queens | $589,125 |
| Far Rockaway | Queens | $585,000 |
| South Ozone Park | Queens | $585,000 |
| Springfield Gardens | Queens | $580,000 |
| Cambria Heights | Queens | $575,000 |
| East New York | Queens | $525,000 |
| Kew Gardens | Queens | $465,000 |
| Arverne | Queens | $459,000 |
| Sunnyside Gardens | Queens | $441,448 |
| Downtown Flushing | Queens | $430,000 |
| Bay Terrace | Queens | $420,000 |
| Forest Hills | Queens | $411,250 |
| Elmhurst | Queens | $395,000 |
| Kew Gardens Hills | Queens | $385,000 |
| Jackson Heights | Queens | $376,500 |
| Corona | Queens | $376,000 |
| Woodside | Queens | $367,000 |
| Woodhaven | Queens | $359,000 |
| Rockaway Park | Queens | $340,000 |
| Glen Oaks | Queens | $327,500 |
| Lindenwood | Queens | $322,000 |
| Rego Park | Queens | $315,000 |
| Oakland Gardens | Queens | $310,000 |
| Briarwood | Queens | $293,750 |
| Little Neck | Queens | $293,585 |
| Jamaica Hills | Queens | $139,000 |
Residential Properties Sold in LIC
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $810K | -1.8% | $1K | 0.6% | 13 |
| Coops | $555K | 2.2% | $584 | - | 2 |
| Houses | - | - | - | - | 0 |
The median condo prices in LIC remained flat year-over-year at $810K. Median coop sale price in LIC were $555K, a change of 2.2% year-over-year. There was no statistically significant data for median house sale price activity for the period of December in LIC.
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