Flushing, New York, NY—11355
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 $601,000, with a year-over-year change of 4.5%. This indicates that home prices in Flushing, New York, NY are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $601,000 | 4.6% |
| Single Family | $1,073,000 | 0.4% |
| Condos | $520,000 | 5.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $485,000 | 1.7% |
2 Bed | $667,000 | 3.4% |
3 Bed | $1,025,000 | 0.5% |
4 Bed | $1,167,000 | -0.2% |
| 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 $3,190, with a year-over-year rent change of 10.8%. Per bedroom, the median rent as of July '25 in Flushing, New York, NY is studios: $3,160, 1-bedrooms: $2,530, 2-bedrooms: $3,180, 3-bedrooms: $3,760, 4-bedrooms: $4,700. The most common rental property sizes in Flushing, New York, NY are 1-bedroom and 2-bedroom, accounting for 39.2% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,100 | $3,190 |
| Studio Rent | $2,400 | $3,160 |
| 1 Bed Rent | $2,650 | $2,530 |
| 2 Bed Rent | $3,150 | $3,180 |
| 3 Bed Rent | $3,500 | $3,760 |
| 4 Bed Rent | $3,800 | $4,700 |
% 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 71. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $660,000 | 0.0% |
Listing Count | 311 | 40.0% |
| Listings as % of Homes | 0.8% | 40.0% |
Days on Market | 71 | 3.0% |
Demographics — Flushing, New York, NY
As of the latest ACS Survey released in 2023, Flushing, New York, NY has a population of 79,800, which has decreased by -1.3% over the past 5 years. Flushing, New York, NY is a moderately popular place for families, as children make up 15.9% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 79,800 | -1.3% |
% Under 18 | 15.9% | -4.8% |
% Seniors | 22.3% | 26.7% |
% WFH | 8.8% | 450.0% |
% w/ College Degree | 23.6% | 21.0% |
As of the latest ACS Survey released in 2023, Flushing, New York, NY is a predominantly asian area, with 74.6% of the population identifying as asian. The asian population has grown by 2.6% in the last 5 years. The second most common race or ethnicity in Flushing, New York, NY is hispanic, making up 14.3% of the population. Foreign-born residents account for 71.6% of the population in Flushing, New York, NY, and this percentage has increased by 1.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 6.7% | -10.7% |
% Black | 2.5% | -26.5% |
% Hispanic | 14.3% | -3.4% |
% Asian | 74.6% | 2.6% |
% Foreign Born | 71.6% | 1.3% |
Mortgage and Risk — Flushing, New York, NY
According to HUD data as of 2023, there were 267 mortgage originations in Flushing, New York, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Flushing, New York, NY. Investor activity is low, as 7.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 267 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 7.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Flushing, New York, NY
As of 2024, the percent of homes in Flushing, New York, NY under the Section 8 program is 2.3%. 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 Flushing, New York, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 621 |
Total Units Section 8 | 487 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | 90.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$150 | $2,650 | $2,500 |
| 2 Bedroom | -$380 | $3,150 | $2,770 |
| 3 Bedroom | -$50 | $3,500 | $3,450 |
| 4 Bedroom | -$80 | $3,800 | $3,720 |
Affordability — Flushing, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.3 |
| Median Home Price | $601,000 |
| Median Household Income | $53,700 |