$910k - Median 1-4 family sale price
37 - Median Days on Market
5.1 - Months of Residential Inventory
+1.6% - Year-Over-Year Median Price Growth
Queens is experiencing a relatively balanced residential market, with modest price appreciation and a meaningful amount of competition among sellers. Buyers are active in today’s market and properly priced homes can attract interest within a reasonable timeframe. Since we are in a balanced market, pricing strategy matters. The goal isn’t to list at the highest possible price; it’s to establish a price that attracts qualified buyers while preserving negotiating leverage.
“Months of Residential Inventory” tells us how long it would take to sell the existing supply of homes at the current sales pace, assuming no additional listings enter the market. Typically, 4 months or under is considered a seller’s market; 4-6 months is a balanced market; and 6+ months is a buyer’s market. Since we are almost perfectly in the middle of a balanced market, you need to distinguish your property from competing listings. You cannot automatically assume that buyers will compete for your property given these conditions.
Interestingly, 1-4 family residential inventory has fluctuated over the past year:
Q3 2025 - 5.5
Q4 2025 - 3.6
Q2 2026 - 4.9
Q3 2026 - 5.1
While we’re at 5.1 months of inventory, sellers should not panic but they also shouldn’t assume buyers will pay any asking price.
Another crucial point to note is how 1-4 family residential properties are operating in a more favorable supply environment than condos and co-ops.
1-4 Family Residential - 5.1
Co-ops - 7.2
Condos - 10.4
All Queens Property Types - 6.8
Bottom line: Queens remains a relatively stable market for homeowners, but a successful sale requires a pricing and marketing strategy that accounts for current competition.
Data Source: OneKey MLS Q3 2026 Queens County residential market data. Residential category includes 1–4 family properties. Market analysis compiled November 2026.
