Flushing, New York, NY—11354
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Flushing, New York, NY
Home Price Trends — Flushing, New York, NY
As of Oct '25, the median home price in Flushing, New York, NY is $658,000, with a year-over-year change of 3.5%. This indicates that home prices in Flushing, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $658,000 | 3.5% |
| Single Family | $1,170,000 | 2.7% |
| Condos | $576,000 | 4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $515,000 | 3.2% |
2 Bed | $680,000 | 4.8% |
3 Bed | $1,045,000 | 3.7% |
4 Bed | $1,298,000 | 3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Flushing, New York, NY
As of July '25, Rentcast reports the average rent in Flushing, New York, NY is $3,070, with a year-over-year rent change of -6.4%. Per bedroom, the median rent as of July '25 in Flushing, New York, NY is studios: $2,550, 1-bedrooms: $2,750, 2-bedrooms: $3,670, 3-bedrooms: $4,200. The most common rental property sizes in Flushing, New York, NY are 2-bedroom and 1-bedroom, accounting for 39.8% and 36.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,070 |
| Studio Rent | $2,400 | $2,550 |
| 1 Bed Rent | $2,800 | $2,750 |
| 2 Bed Rent | $3,800 | $3,670 |
| 3 Bed Rent | $3,200 | $4,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Flushing, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Flushing, New York, NY is 85. This is a decrease of -23.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $689,000 | -5.0% |
Listing Count | 575 | 50.0% |
| Listings as % of Homes | 1.0% | 50.0% |
Days on Market | 85 | -23.0% |
Demographics — Flushing, New York, NY
As of the latest ACS Survey released in 2023, Flushing, New York, NY has a population of 52,300, which has decreased by -5.2% over the past 5 years. Flushing, New York, NY is a less popular place for families, as children make up 13.6% of the population. The area has a moderately educated workforce, with 32.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 52,300 | -5.2% |
% Under 18 | 13.6% | -12.3% |
% Seniors | 24.3% | 19.7% |
% WFH | 9.6% | 540.0% |
% w/ College Degree | 32.9% | 60.5% |
As of the latest ACS Survey released in 2023, Flushing, New York, NY is a predominantly asian area, with 64.7% of the population identifying as asian. The asian population has grown by 3.0% in the last 5 years. The second most common race or ethnicity in Flushing, New York, NY is white, making up 15.1% of the population. Foreign-born residents account for 65.6% of the population in Flushing, New York, NY, and this percentage has decreased by 0.8% 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 | 15.1% | -7.9% |
% Black | 3.2% | 0.0% |
% Hispanic | 14.4% | -9.4% |
% Asian | 64.7% | 3.0% |
% Foreign Born | 65.6% | -0.8% |
Mortgage and Risk — Flushing, New York, NY
According to HUD data as of 2023, there were 245 mortgage originations in Flushing, New York, NY, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Flushing, New York, NY. Investor activity is low, as 6.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 245 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Flushing, New York, NY
Flushing, New York, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 983 |
Total Units Section 8 | 75 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$320 | $2,800 | $2,480 |
| 2 Bedroom | -$1,050 | $3,800 | $2,750 |
| 3 Bedroom | $230 | $3,200 | $3,430 |
| 4 Bedroom | N/A | N/A | $3,700 |
Affordability — Flushing, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.5 |
| Median Home Price | $658,000 |
| Median Household Income | $62,800 |