$10,000 Closing Credit*
$869,000
3 Beds
•2 Full Baths
Listing Office: Next Level Homes Group Ltd
Is Queens Village, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Queens Village was a Buyer's Market.
Key Takeaway
Queens Village is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Queens Village, NY
How much do homes in Queens Village, NY cost?
Median Sold Price
$837,500
$523/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$77,500(+10.2%)
Key Takeaway
Homes in Queens Village have sold for 10.2% more than they did a month ago.
Summary: The median home sold price in Queens Village was $837,500 in October 2024, up 10.2% from last month, and the median price per square foot was $523.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | - | N/A |
| 3 Bedrooms | $777.5K | $770K | -1.0% |
| 4 Bedrooms | - | $837.5K | N/A |
| 5+ Bedrooms | - | $880K | N/A |
Summary: Queens Village housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Queens Village, NY
How many homes are available in Queens Village, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 41 | +2.5% |
Summary: The Queens Village real estate market had 41 homes for sale in October 2024, a 2.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Queens Village housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Queens Village, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Queens Village in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Queens Village, NY
How long does it take to sell a home in Queens Village, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 Days | 48 Days | -29.3% |
Summary: Homes in Queens Village had an average of 48 days on market in Oct 2024, down by 29.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Queens Village are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Queens Village; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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