Rego Park, New York, NY—11374
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rego Park, New York, NY
As of Oct '25, the median home price in Rego Park, New York, NY is $433,000, with a year-over-year change of -0.9%. This indicates that home prices in Rego Park, New York, NY are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $433,000 | -0.9% |
| Single Family | $968,000 | 4.2% |
| Condos | $378,000 | -0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $319,000 | 0.6% |
2 Bed | $464,000 | 1.5% |
3 Bed | $911,000 | 6.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rego Park, New York, NY
As of July '25, Rentcast reports the average rent in Rego Park, New York, NY is $3,170, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Rego Park, New York, NY is studios: $2,390, 1-bedrooms: $2,960, 2-bedrooms: $3,780, 3-bedrooms: $4,170, 4-bedrooms: $3,750. The most common rental property sizes in Rego Park, New York, NY are 1-bedroom and 2-bedroom, accounting for 37.9% and 36.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,140 | $3,170 |
| Studio Rent | $2,100 | $2,390 |
| 1 Bed Rent | $3,120 | $2,960 |
| 2 Bed Rent | $3,700 | $3,780 |
| 3 Bed Rent | $3,950 | $4,170 |
| 4 Bed Rent | $3,750 | $3,750 |
% of Rental Stock
Property Listings — Rego Park, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Rego Park, New York, NY is 82. This is a decrease of -5.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $394,000 | 1.0% |
Listing Count | 253 | 14.0% |
| Listings as % of Homes | 1.2% | 14.0% |
Days on Market | 82 | -5.0% |
Demographics — Rego Park, New York, NY
As of the latest ACS Survey released in 2023, Rego Park, New York, NY has a population of 46,100, which has increased by 8.1% over the past 5 years. Rego Park, New York, NY is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 50.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 46,100 | 8.1% |
% Under 18 | 19.7% | 32.2% |
% Seniors | 20.9% | -0.9% |
% WFH | 16.6% | 219.2% |
% w/ College Degree | 50.7% | 0.6% |
As of the latest ACS Survey released in 2023, Rego Park, New York, NY is a predominantly white area, with 37.5% of the population identifying as white. The white population has shrunk by 13.8% in the last 5 years. The second most common race or ethnicity in Rego Park, New York, NY is asian, making up 29.7% of the population. Foreign-born residents account for 53.7% of the population in Rego Park, New York, NY, and this percentage has decreased by 9.3% 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 | 37.5% | -13.8% |
% Black | 4.3% | -2.3% |
% Hispanic | 21.9% | 34.4% |
% Asian | 29.7% | -7.5% |
% Foreign Born | 53.7% | -9.3% |
Mortgage and Risk — Rego Park, New York, NY
According to HUD data as of 2023, there were 277 mortgage originations in Rego Park, New York, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Rego Park, New York, NY. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 277 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Rego Park, New York, NY
As of 2024, the percent of homes in Rego Park, New York, NY under the Section 8 program is 4.2%. 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 Rego Park, 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 | 539 |
Total Units Section 8 | 539 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $3,120 | $3,030 |
| 2 Bedroom | -$340 | $3,700 | $3,360 |
| 3 Bedroom | $240 | $3,950 | $4,190 |
| 4 Bedroom | $770 | $3,750 | $4,520 |
Affordability — Rego Park, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.4 |
| Median Home Price | $433,000 |
| Median Household Income | $86,300 |