Is Queens Village, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Queens Village has remained a Buyer's Market.
Housing Prices in Queens Village, NY
How much do homes in Queens Village, NY cost?
Median Sold Price
$672,550
$481/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Queens Village was $672,550 in April 2024, down 8.6% from last year, and the median price per square foot was $481.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199.9K | - | N/A |
2 Bedrooms | $322.5K | $332.5K | +3.1% |
3 Bedrooms | $753.5K | $650K | -13.7% |
4 Bedrooms | $795K | $822.5K | +3.5% |
5+ Bedrooms | $939.5K | $892K | -5.1% |
Summary: Queens Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 5.1%.
Median Sold Price Compared To Nearby Neighborhoods
Southeastern Queens | $650K | $664.5K | +2.2% |
Cambria Heights | $665K | $675K | +1.5% |
Bellaire | $690K | $680K | -1.4% |
Queens Village | $736K | $672.5K | -8.6% |
Holliswood | $805K | $265K | -67.1% |
Housing Supply in Queens Village, NY
How many homes are available in Queens Village, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 34 | +3.0% |
Summary: The Queens Village real estate market had 34 homes for sale in April 2024, a 3.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Queens Village housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Queens Village in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 69 Days | -1.4% |
Summary: Homes in Queens Village had an average of 69 days on market in Apr 2024, down by 1.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Queens Village; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.