Queens Village, New York, NY—11427
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Queens Village, New York, NY
Home Price Trends — Queens Village, New York, NY
As of Oct '25, the median home price in Queens Village, New York, NY is $757,000, with a year-over-year change of 6.7%. This indicates that home prices in Queens Village, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $757,000 | 6.7% |
| Single Family | $838,000 | 5.0% |
| Condos | $303,000 | 5.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $311,000 | 6.9% |
3 Bed | $811,000 | 4.6% |
4 Bed | $901,000 | 5.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Queens Village, New York, NY
As of July '25, Rentcast reports the average rent in Queens Village, New York, NY is $3,440, with a year-over-year rent change of 11.0%. Per bedroom, the median rent as of July '25 in Queens Village, New York, NY is studios: $1,920, 1-bedrooms: $2,280, 2-bedrooms: $2,860, 3-bedrooms: $3,420, 4-bedrooms: $5,240. The most common rental property sizes in Queens Village, New York, NY are 1-bedroom and 2-bedroom, accounting for 39.6% and 36.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,100 | $3,440 |
| Studio Rent | $1,920 | $1,920 |
| 1 Bed Rent | $2,150 | $2,280 |
| 2 Bed Rent | $3,000 | $2,860 |
| 3 Bed Rent | $3,300 | $3,420 |
| 4 Bed Rent | $3,990 | $5,240 |
% of Rental Stock
Property Listings — Queens Village, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Queens Village, New York, NY is 70. This is a increase of 29.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $307,000 | -52.0% |
Listing Count | 87 | 38.0% |
| Listings as % of Homes | 0.9% | 38.0% |
Days on Market | 70 | 29.0% |
Demographics — Queens Village, New York, NY
As of the latest ACS Survey released in 2023, Queens Village, New York, NY has a population of 25,100, which has increased by 4.5% over the past 5 years. Queens Village, New York, NY is a moderately popular place for families, as children make up 17.8% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,100 | 4.5% |
% Under 18 | 17.8% | -13.6% |
% Seniors | 22.7% | 40.1% |
% WFH | 9.5% | 239.3% |
% w/ College Degree | 35.7% | 10.9% |
As of the latest ACS Survey released in 2023, Queens Village, New York, NY is a predominantly asian area, with 37.4% of the population identifying as asian. The asian population has grown by 19.5% in the last 5 years. The second most common race or ethnicity in Queens Village, New York, NY is black, making up 22.8% of the population. Foreign-born residents account for 50.6% of the population in Queens Village, New York, NY, and this percentage has increased by 7.9% 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 | 14.2% | -28.3% |
% Black | 22.8% | 10.1% |
% Hispanic | 16.8% | -13.8% |
% Asian | 37.4% | 19.5% |
% Foreign Born | 50.6% | 7.9% |
Mortgage and Risk — Queens Village, New York, NY
According to HUD data as of 2023, there were 139 mortgage originations in Queens Village, New York, NY, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Queens Village, New York, NY. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 139 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Queens Village, New York, NY
As of 2024, the percent of homes in Queens Village, New York, NY under the Section 8 program is 2.1%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Queens Village, New York, NY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 59 |
Total Units Section 8 | 59 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $2,150 | $2,300 |
| 2 Bedroom | -$450 | $3,000 | $2,550 |
| 3 Bedroom | -$120 | $3,300 | $3,180 |
| 4 Bedroom | -$560 | $3,990 | $3,430 |
Affordability — Queens Village, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $757,000 |
| Median Household Income | $92,100 |