Astoria, New York, NY—11103
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 $1,014,000, with a year-over-year change of 8.3%. This indicates that home prices in Astoria, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,014,000 | 8.3% |
| Single Family | $1,249,000 | 8.0% |
| Condos | $645,000 | 5.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $622,000 | 9.7% |
2 Bed | $802,000 | 8.1% |
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 $3,030, with a year-over-year rent change of -7.1%. Per bedroom, the median rent as of July '25 in Astoria, New York, NY is studios: $3,870, 1-bedrooms: $2,600, 2-bedrooms: $3,150, 3-bedrooms: $4,000, 4-bedrooms: $1,480. The most common rental property sizes in Astoria, New York, NY are 1-bedroom and 2-bedroom, accounting for 43.9% and 38.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,880 | $3,030 |
| Studio Rent | $2,750 | $3,870 |
| 1 Bed Rent | $2,600 | $2,600 |
| 2 Bed Rent | $3,000 | $3,150 |
| 3 Bed Rent | $3,800 | $4,000 |
| 4 Bed Rent | $1,420 | $1,480 |
% 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 51. This is a decrease of -27.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $696,000 | -1.0% |
Listing Count | 34 | -15.0% |
| Listings as % of Homes | 0.2% | -15.0% |
Days on Market | 51 | -27.0% |
Demographics — Astoria, New York, NY
As of the latest ACS Survey released in 2023, Astoria, New York, NY has a population of 35,400, which has decreased by -2.2% over the past 5 years. Astoria, New York, NY is a less popular place for families, as children make up 13.3% of the population. The area has a highly educated workforce, with 52.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,400 | -2.2% |
% Under 18 | 13.3% | 9.0% |
% Seniors | 12.0% | 6.2% |
% WFH | 16.3% | 503.7% |
% w/ College Degree | 52.4% | 1.4% |
As of the latest ACS Survey released in 2023, Astoria, New York, NY is a predominantly white area, with 53.5% of the population identifying as white. The white population has shrunk by 7.8% in the last 5 years. The second most common race or ethnicity in Astoria, New York, NY is hispanic, making up 26.2% of the population. Foreign-born residents account for 37.9% of the population in Astoria, New York, NY, and this percentage has decreased by 10.4% 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 | 53.5% | -7.8% |
% Black | 2.9% | 7.4% |
% Hispanic | 26.2% | 15.4% |
% Asian | 12.8% | -14.1% |
% Foreign Born | 37.9% | -10.4% |
Mortgage and Risk — Astoria, New York, NY
According to HUD data as of 2023, there were 76 mortgage originations in Astoria, New York, NY, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Astoria, New York, NY. Investor activity is low, as 14.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 76 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 14.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
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 0.1%. 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. In Astoria, New York, NY, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 23 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $2,600 | $2,890 |
| 2 Bedroom | $200 | $3,000 | $3,200 |
| 3 Bedroom | $190 | $3,800 | $3,990 |
| 4 Bedroom | $2,880 | $1,420 | $4,300 |
Affordability — Astoria, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.3 |
| Median Home Price | $1,014,000 |
| Median Household Income | $92,800 |