Jackson Heights, New York, NY—11372
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jackson Heights, New York, NY
As of Oct '25, the median home price in Jackson Heights, New York, NY is $438,000, with a year-over-year change of 0.1%. This indicates that home prices in Jackson Heights, New York, NY are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $438,000 | 0.1% |
| Single Family | $1,151,000 | 5.7% |
| Condos | $411,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $358,000 | 2.9% |
2 Bed | $491,000 | 2.7% |
3 Bed | $859,000 | 4.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Jackson Heights, New York, NY
As of July '25, Rentcast reports the average rent in Jackson Heights, New York, NY is $2,740, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Jackson Heights, New York, NY is studios: $2,360, 1-bedrooms: $2,540, 2-bedrooms: $3,240, 3-bedrooms: $3,520. The most common rental property sizes in Jackson Heights, New York, NY are 1-bedroom and 2-bedroom, accounting for 42.4% and 31.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,520 | $2,740 |
| Studio Rent | $2,250 | $2,360 |
| 1 Bed Rent | $2,500 | $2,540 |
| 2 Bed Rent | $3,200 | $3,240 |
| 3 Bed Rent | $3,400 | $3,520 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Jackson Heights, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Jackson Heights, New York, NY is 82. 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $394,000 | 5.0% |
Listing Count | 290 | 6.0% |
| Listings as % of Homes | 0.9% | 6.0% |
Days on Market | 82 | 3.0% |
Demographics — Jackson Heights, New York, NY
As of the latest ACS Survey released in 2023, Jackson Heights, New York, NY has a population of 67,000, which has increased by 8.3% over the past 5 years. Jackson Heights, New York, NY is a moderately popular place for families, as children make up 18.7% of the population. The area has a moderately educated workforce, with 35.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 67,000 | 8.3% |
% Under 18 | 18.7% | 3.3% |
% Seniors | 16.5% | 5.8% |
% WFH | 13.4% | 436.0% |
% w/ College Degree | 35.1% | 19.0% |
As of the latest ACS Survey released in 2023, Jackson Heights, New York, NY is a predominantly hispanic area, with 55.3% of the population identifying as hispanic. The hispanic population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Jackson Heights, New York, NY is asian, making up 20.8% of the population. Foreign-born residents account for 60.2% of the population in Jackson Heights, New York, NY, and this percentage has increased by 3.1% 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 | 18.1% | 1.7% |
% Black | 1.9% | -40.6% |
% Hispanic | 55.3% | -4.0% |
% Asian | 20.8% | 1.5% |
% Foreign Born | 60.2% | 3.1% |
Mortgage and Risk — Jackson Heights, New York, NY
According to HUD data as of 2023, there were 274 mortgage originations in Jackson Heights, New York, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Jackson Heights, New York, NY. Investor activity is low, as 2.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 274 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Jackson Heights, New York, NY
Jackson Heights, New York, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 187 |
Total Units Section 8 | 184 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $2,500 | $2,560 |
| 2 Bedroom | -$360 | $3,200 | $2,840 |
| 3 Bedroom | $140 | $3,400 | $3,540 |
| 4 Bedroom | N/A | N/A | $3,820 |
Affordability — Jackson Heights, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.2 |
| Median Home Price | $438,000 |
| Median Household Income | $77,100 |