LIC Housing Market Trends

Market Overview for Q2 2026

$560K -39.7% Y-o-Y -$368K Y-o-Y
Open table view
$1,190 -12.9% Y-o-Y -$176 Y-o-Y
Open table view
13 -65.8% Y-o-Y -25 Y-o-Y
Open table view
$1.2M 4% Y-o-Y $50K Y-o-Y
Open table view

The median home sale price in LIC as of Quarter 2 2026 was $560K, down 39.7% year-over-year. A total of 13 deals were recorded, representing a year-over-year change of just -65.8%. In Quarter 2 2026, the median price per square foot was $1,190, a change of -12.9% year-over-year.

When a location has insufficient sales for calculating accurate metrics, sale information will not be displayed.

LIC Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $489,000 $627,500 $570,000 $720,000
2023 $695,000 $788,000 $722,500 $830,000
2024 $661,619 $850,000 $918,206 $772,500
2025 $882,098 $928,395 $884,136 $649,500
2026 $660,000 $560,000
LIC Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $811 $724 $929 $1,252
2023 $1,198 $1,311 $1,337 $1,268
2024 $1,313 $1,158 $1,357 $1,338
2025 $1,505 $1,366 $1,467 $1,349
2026 $1,376 $1,190
Real Estate Transactions in LIC
Year Q1 Q2 Q3 Q4
2022 19 22 24 55
2023 35 97 58 42
2024 24 29 68 29
2025 62 38 37 30
2026 26 13
Queens Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $780,000 $790,000 $780,000 $750,000
2023 $739,000 $770,000 $770,000 $750,000
2024 $749,000 $800,000 $800,000 $789,850
2025 $805,000 $830,000 $840,000 $825,000
2026 $840,000 $865,000
LIC Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $489,000 $627,500 $570,000 $720,000
2023 $695,000 $788,000 $722,500 $830,000
2024 $661,619 $850,000 $918,206 $772,500
2025 $882,098 $928,395 $884,136 $649,500
2026 $660,000 $560,000
LIC Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $811 $724 $929 $1,252
2023 $1,198 $1,311 $1,337 $1,268
2024 $1,313 $1,158 $1,357 $1,338
2025 $1,505 $1,366 $1,467 $1,349
2026 $1,376 $1,190
Real Estate Transactions in LIC
Year Q1 Q2 Q3 Q4
2022 19 22 24 55
2023 35 97 58 42
2024 24 29 68 29
2025 62 38 37 30
2026 26 13
Queens Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $780,000 $790,000 $780,000 $750,000
2023 $739,000 $770,000 $770,000 $750,000
2024 $749,000 $800,000 $800,000 $789,850
2025 $805,000 $830,000 $840,000 $825,000
2026 $840,000 $865,000

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$847K
-7.9%
$1K
-4.8%
4
Coops
$462K
-6%
$495
-
8
Houses
$800K
-37.7%
$519
-31.7%
1

LIC Housing Stock

Property Type
Units
Single Family
140
2-4 Family
1,059
Condo
1,069
Co-op
186
Other
15
All Residential
2,469

Condo and co-op unit counts only include individually owned units. Commercially owned, multifamily-style units are not included.

Neighborhood Risk Trends

Property Type
Buildings in Flood Zone
Buildings in Hurricane Evacuation Zone
Total No. of Buildings

LIC: Demographics

Total population
40,212
Median age
35
No high school education
5.5%
Some high school/college
21.3%
Bachelor's degree
34.0%
Average household income
$144,598
Occupied housing units
19,398
Owner-occupied units
16.1%
Renter-occupied units
83.9%
Median year structure built
1980

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Neighborhood
Median Sale Price

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City
Median Sale Price Q2 2026