#827807, Listing Office: O Kane Realty
Northwestern Queens Housing Market Report January 2025•Queens County, New York
Housing Prices in Northwestern Queens, NY
How much do homes in Northwestern Queens, NY cost?
Housing Market Conditions
Is Northwestern Queens, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Northwestern Queens is a Buyer's Market
Difference Since January 2024
Since last year, Northwestern Queens has remained a Buyer's Market.
Northwestern Queens is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Northwestern Queens have sold for 20.2% more than they did a year ago.
Summary: The median home sold price in Northwestern Queens was $781,821 in January 2025, up 20.2% from last year, and the median price per square foot was $576.
Median Sold Price By Neighborhoods
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Northwestern Queens | $650.3K | $781.8K | +20.2% |
Jackson Heights | $437.5K | $517K | +18.2% |
Maspeth | $839.5K | $861.5K | +2.6% |
Woodside | $430K | $422.5K | -1.7% |
Elmhurst | $563K | $529K | -6.0% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $349.4K | $346K | -1.0% |
22 Bedrooms | $510K | $560K | +9.8% |
33 Bedrooms | $868.8K | $888.2K | +2.2% |
44 Bedrooms | $1.0M | $1.1M | +4.6% |
55+ Bedrooms | $1.2M | $1.3M | +4.0% |
Summary: Northwestern Queens housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -1.0%. The home price for 2 bedroom homes increased by +9.8%. The home price for 3 bedroom homes increased by +2.2%. The home price for 4 bedroom homes increased by +4.6%. The home price for 5 bedroom homes increased by +4.0%.
Housing supply in Northwestern Queens, NY
How many homes are available in Northwestern Queens, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
2,111Last MonthJan 2025 | ||
2,1732 months agoDec 2024 | -2.9 % Change MoMDec – Jan |
Summary: The Northwestern Queens real estate market had 2,111 homes for sale in Jan 2025, a 2.9 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
202Last MonthJan 2025 | ||
2092 months agoDec 2024 | -3.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 762 | 754 | -1.0% |
22 Bedrooms | 623 | 597 | -4.2% |
33 Bedrooms | 314 | 288 | -8.3% |
44 Bedrooms | 140 | 129 | -7.9% |
55+ Bedrooms | 334 | 343 | +2.7% |
Summary: Northwestern Queens housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -1.0%. The inventory for 2 bedroom homes decreased by -4.2%. The inventory for 3 bedroom homes decreased by -8.3%. The inventory for 4 bedroom homes decreased by -7.9%. The inventory for 5 bedroom homes increased by +2.7%.
Asking Price vs. Sold Price
How much do homes in Northwestern Queens, NY cost?
Over Asking Price24 Homes
At Asking Price51 Homes
Under Asking Price127 Homes
If you're buying a home in Northwestern Queens, you may be able to get a good deal. 62.9% of homes here sold below asking price last month.
Summary: A total of 202 homes were sold or pending in Northwestern Queens in January 2025, down by 3.3% month-over-month. Of the 202 sold homes, 63% were sold under asking, 25% were sold at asking, and and 12% were sold over asking.
Days on Market for Northwestern Queens, NY
How long does it take to sell a home in Northwestern Queens, NY?
Breakdown of Home Sale Times
Under 30 Days38 Homes
30 – 90 Days56 Homes
Over 90 Days58 Homes
Most homes in Northwestern Queens are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 202 homes were sold in Northwestern Queens; 19% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
76 DaysThis YearJan 2025 | ||
94 Days1 year agoJan 2024 | -19.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Northwestern Queens had an average listing age of 76 days in Jan 2025, down by 19.2% compared to the previous year.
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Newest Listings in Northwestern Queens, NY
What homes are available in Northwestern Queens, NY?
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MLS Disclaimers and Copyright
Based on information from OneKey MLS, Real Estate Board of New York, Brooklyn MLS, Miami MLS, and Columbia Greene Northern Dutchess Multiple Listing Service for the period 02/01/2023 - 02/01/2025
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/24/2025, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/25/2025, 1:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright © 2025 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/25/2025, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/25/2025, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/25/2025, 1:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.