$10,000 Closing Credit*
$1,150,000
5 Beds
•4 Full Baths
Listing Office: ROCKAWAY PROPERTIES
Is Queens County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Queens County was a Neutral Market.
Key Takeaway
Queens County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Queens County, NY
How much do homes in Queens County, NY cost?
Median Sold Price
$709,237
$517/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$47,338(+7.2%)
Key Takeaway
Homes in Queens County have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Queens County was $709,237 in December 2024, up 7.2% from last year, and the median price per square foot was $517.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $304.9K | $305.1K | 0.1% |
| 2 Bedrooms | $430.7K | $458.8K | +6.5% |
| 3 Bedrooms | $750.1K | $778.8K | +3.8% |
| 4 Bedrooms | $889.3K | $913.1K | +2.7% |
| 5+ Bedrooms | $1.1M | $1.1M | +3.8% |
Summary: Queens County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Counties
| Nassau County | $690.9K | $762.7K | +10.4% |
| Queens County | $661.8K | $709.2K | +7.2% |
| Bronx County | $559.1K | $598.7K | +7.1% |
| Kings County | $952.2K | $987.2K | +3.7% |
Housing Supply in Queens County, NY
How many homes are available in Queens County, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6,861 | 6,720 | -2.1% |
Summary: The Queens County real estate market had 6,720 homes for sale in December 2024, a 2.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1,602 | 1,593 | -0.6% |
| 2 Bedrooms | 1,656 | 1,619 | -2.2% |
| 3 Bedrooms | 1,460 | 1,386 | -5.1% |
| 4 Bedrooms | 838 | 817 | -2.5% |
| 5+ Bedrooms | 1,305 | 1,305 | 0.0% |
Summary: The Queens County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 0.6%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 691 | 613 | -11.3% |
Asking Price vs. Sold Price
384 Homes Were Sold
Under Asking
119 Homes Were Sold
At Asking
110 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Queens County, you may be able to get a good deal. 62.6% of homes here sold below asking price last month.
Summary: A total of 613 homes were sold or pending in Queens County in December 2024, down by 11.3% month-over-month. Of the 613 sold homes, 63% were sold under asking, 19% were sold at asking, and 18% were sold over asking.
Days on Market for Queens County, NY
How long does it take to sell a home in Queens County, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 84 Days | 64 Days | -24.1% |
Summary: Homes in Queens County had an average of 64 days on market in Dec 2024, down by 24.1% compared to last year.
Breakdown of Home Sale Times
186 Homes Were Sold
Under 30 Days
211 Homes Were Sold
In 30 - 90 Days
152 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Queens County has remained consistent over time.
Summary: During December 2024, 613 homes were sold in Queens County; 30% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally