Queens Real Estate Market Update: Home Prices Continue to Rise Despite Fewer Sales
- Le Quan
- Jul 12
- 2 min read
If you’ve been wondering whether home values in Queens and Long Island are still increasing, the latest market data offers some encouraging news.
One of the biggest misconceptions is that fewer home sales automatically mean home prices are declining. In reality, that’s not what we’re seeing. While the pace of sales has slowed compared to previous years, limited inventory continues to support home values across many neighborhoods.
Neighborhood Highlights
Bayside continues to attract strong buyer demand, with well-priced homes often receiving multiple offers.
Flushing remains one of the busiest real estate markets in Queens. Homes that are priced correctly and marketed effectively are still achieving excellent results, with many selling at or above the asking price.
Fresh Meadows offers outstanding value per square foot, making it a popular choice for growing families and buyers looking for more space.
Whitestone continues to be a premium market where updated, well-presented homes often command stronger sale prices than comparable properties.
What the Market Is Telling Us
Median home prices are up approximately 4.6% year over year.
Housing inventory remains limited, helping maintain favorable conditions for sellers.
Days on market vary significantly depending on pricing, presentation, and overall property condition.
Homes that are priced correctly from the start continue to outperform those that require multiple price reductions.
My Take as a Local Realtor
After helping buyers and sellers throughout Queens and Long Island, I’ve found that strategy matters more than ever. Even in today’s market, the right pricing, professional marketing, and strong negotiation can make a significant difference in your final outcome.
Whether you’re thinking about selling, buying your first home, or simply want to understand what your property is worth in today’s market, having accurate local market information is essential.
If you’d like a complimentary home value analysis or want to discuss your real estate goals, I’d be happy to help.
Le Quan
Your Friendly NYC Realtor
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