Astoria, New York, NY—11102
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Astoria, New York, NY
As of Oct '25, the median home price in Astoria, New York, NY is $701,000, with a year-over-year change of 5.2%. This indicates that home prices in Astoria, New York, NY are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $701,000 | 5.2% |
| Single Family | $1,280,000 | 9.4% |
| Condos | $654,000 | 6.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $638,000 | 7.0% |
2 Bed | $845,000 | 2.4% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Astoria, New York, NY
As of July '25, Rentcast reports the average rent in Astoria, New York, NY is $3,720, with a year-over-year rent change of 4.5%. Per bedroom, the median rent as of July '25 in Astoria, New York, NY is studios: $3,020, 1-bedrooms: $3,340, 2-bedrooms: $4,250, 3-bedrooms: $4,350, 4-bedrooms: $4,500. The most common rental property sizes in Astoria, New York, NY are 1-bedroom and 2-bedroom, accounting for 46.4% and 31.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,550 | $3,720 |
| Studio Rent | $2,980 | $3,020 |
| 1 Bed Rent | $3,250 | $3,340 |
| 2 Bed Rent | $4,080 | $4,250 |
| 3 Bed Rent | $4,420 | $4,350 |
| 4 Bed Rent | $4,500 | $4,500 |
% of Rental Stock
Property Listings — Astoria, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Astoria, New York, NY is 67. This is a decrease of -41.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 4.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $764,000 | 3.0% |
Listing Count | 142 | 28.0% |
| Listings as % of Homes | 0.3% | 28.0% |
Days on Market | 67 | -41.0% |
Demographics — Astoria, New York, NY
As of the latest ACS Survey released in 2023, Astoria, New York, NY has a population of 28,300, which has decreased by -8.0% over the past 5 years. Astoria, New York, NY is a less popular place for families, as children make up 14.4% of the population. The area has a highly educated workforce, with 58.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,300 | -8.0% |
% Under 18 | 14.4% | -5.3% |
% Seniors | 12.9% | 9.3% |
% WFH | 25.6% | 611.1% |
% w/ College Degree | 58.2% | 21.0% |
As of the latest ACS Survey released in 2023, Astoria, New York, NY is a predominantly white area, with 46.7% of the population identifying as white. The white population has grown by 8.6% in the last 5 years. The second most common race or ethnicity in Astoria, New York, NY is hispanic, making up 26.3% of the population. Foreign-born residents account for 34.0% of the population in Astoria, New York, NY, and this percentage has decreased by 15.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 46.7% | 8.6% |
% Black | 6.5% | -32.3% |
% Hispanic | 26.3% | -14.6% |
% Asian | 15.7% | 4.0% |
% Foreign Born | 34.0% | -15.2% |
Mortgage and Risk — Astoria, New York, NY
According to HUD data as of 2023, there were 83 mortgage originations in Astoria, New York, NY, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Astoria, New York, NY. Investor activity is low, as 11.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 83 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 11.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Astoria, New York, NY
As of 2024, the percent of homes in Astoria, New York, NY under the Section 8 program is 4.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Astoria, New York, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,711 |
Total Units Section 8 | 608 |
% Rentals under Section 8 | 4.9% |
% Occupied Section 8 | 91.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $3,250 | $3,220 |
| 2 Bedroom | -$520 | $4,080 | $3,560 |
| 3 Bedroom | $20 | $4,420 | $4,440 |
| 4 Bedroom | $290 | $4,500 | $4,790 |
Affordability — Astoria, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $701,000 |
| Median Household Income | $103,000 |