Market Overview for December, 2024
Median Sale Price
44.9% YoY
Median Price/Sqft
21.3% YoY
No. of Transactions
-9.1% YoY
Queens Median Sale Price
1% YoY
What is the median sale price and median price per sq ft in Maspeth?
In December, the median home sale price in Maspeth was $753K, a 44.9% increase year-over-year.
A total of 10 properties changed hands, representing a 9.1% contraction compared to the same month last year.
The median price per square foot as of December was $676, a 21.3% YoY change.
In Queens, the median home sale price was $585K.
Top most expensive neighborhoods in Queens
Maspeth median price compared with other neighborhoods in Queens
Maspeth property values are on the higher-end for neighborhoods in Queens .
Maspeth 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 |
| Whitestone | Queens | $980,000 |
| East Flushing | 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 |
| Brookville | Queens | $672,500 |
| Queens Village | 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 |
| South Ozone Park | Queens | $585,000 |
| Far Rockaway | 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 Maspeth
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $575K | 24.5% | $722 | 5.5% | 5 |
| Coops | - | - | - | - | 0 |
| Houses | $858K | 16.7% | $630 | 26.6% | 5 |
The median house sale price in Maspeth in December was $858K, up 16.7% year-over-year. Condo prices in Maspeth trended similarly, with the median condo price up 24.5% year-over-year to $575K. There was no statistically significant data for median coop price activity for the period of December in Maspeth.
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Maspeth Neighborhood Guide
There are 850 miles of subway track in the New York City Subway system - one of the world's largest - and none of them run through Maspeth, just five miles from Midtown. That isolating factor helps explain the strong small town identity in Maspeth, a place that has been a New York community for the better part of 400 years, dating from its charter under Dutch rule in 1642. That neighborhood identity is forged from the experience of generations of ethnic populations in this 2.5-square mile swath of southwestern Queens.
Architecture and landmarks
Many of Maspeth's landmarks are also its community institutions - organizations such as the Juniper Park Civic Association that formed in 1938 and has published the all-volunteer Juniper Berry ever since. Funerary and ecclesiastical architecture are staples of the Maspeth landscape. Cemeteries of note in Maspeth include Mt. Zion, First Calvary and New Calvary; the headstones and statuary are often framed by backdrops of the Manhattan skyline. The Holy Cross Roman Catholic Church, dedicated in 1913, is a standout street ornament with a blend of Mission Revival and English Fantasy architecture. The Clinton Diner at Maspeth Avenue and 56th Road still looks and serves like it did in the 1930s. It has been cast in many movies, music videos and commercials; its performance alongside Robert DeNiro and Ray Liotta was so strong that it is known as the Goodfellas Diner.
Transport
Without subway service, Maspeth is a "two-ticket" neighborhood that requires a bus ticket to tap into the 7 Line to the north or the M Line to the south. There are also no train stops in the neighborhood, but the Long Island Rail Road can be boarded in neighboring Elmhurst or Middle Village. There are plenty of bus services to compensate; the Nos. 58 and 59 ply the main thoroughfare of Grand Avenue and link to the subway system. There are no express buses from Maspeth to Manhattan, either, but car owners can take advantage of easy access to the Long Island Expressway and the Brooklyn-Queens Expressway.
Schools
P.S. 153 and P.S. 58 educate the neighborhood's elementary school kids and Intermediate School 73 handles Grades 6 through 8. Maspeth High School opened its doors in 2011 and is the only public high school in the neighborhood. It is a rare classical public New York City high school, requiring two years of Mandarin and two years of Latin study.
Health
A branch of CityMD on Grand Avenue provides walk-in service for medical emergencies. Nearby, Maspeth Multispecialty Care is a member organization of the NewYork-Presbyterian/Queens physician group with a staff of nine physicians and a nutritionist.
Safety
The 108th and 104th Precincts watch over Maspeth. In 2016, there were 9.39 and 8.3 crimes reported per 1,000 residents in these precincts, ranking Maspeth in the top 20 percent for safety in New York City.
Things to do
One of the most popular things to do in Maspeth is to get involved in local activities. The Memorial Day Parade has been a staple of the community for over 30 years. Grand Avenue has as much history as any street in New York City, dating back hundreds of years to its days as an Indian trail.
It remains the lifeblood of Maspeth with shopping and a vibrant mix of eateries, much of them family-owned. Polish delis have filled hungry Maspeth stomachs for generations. There are several pocket parks in Maspeth: Reiff Playground, Hull Triangle, Oliver Hazard Triangle, Maurice Park, Big Bush Park and others.
The Quick Brown Fox Triangle is a tip of the hat to typists and office workers. Residents have been playing soccer at the Metropolitan Oval since 1925 and players like to brag that it is the oldest soccer pitch in the country.