Fresh Meadows, New York, NY—11365
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fresh Meadows, New York, NY
As of Oct '25, the median home price in Fresh Meadows, New York, NY is $988,000, with a year-over-year change of 3.9%. This indicates that home prices in Fresh Meadows, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $988,000 | 3.9% |
| Single Family | $1,045,000 | 3.9% |
| Condos | $568,000 | 8.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $659,000 | 1.1% |
3 Bed | $992,000 | 3.2% |
4 Bed | $1,143,000 | 2.8% |
| 5 Bed | $1,309,000 | 3.6% |
% of Housing Stock
Rental Trends — Fresh Meadows, New York, NY
As of July '25, Rentcast reports the average rent in Fresh Meadows, New York, NY is $3,480, with a year-over-year rent change of 1.2%. Per bedroom, the median rent as of July '25 in Fresh Meadows, New York, NY is studios: $3,250, 1-bedrooms: $2,170, 2-bedrooms: $3,080, 3-bedrooms: $3,670, 4-bedrooms: $5,100. The most common rental property sizes in Fresh Meadows, New York, NY are 2-bedroom and 1-bedroom, accounting for 47.5% and 26.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,480 |
| Studio Rent | $3,250 | $3,250 |
| 1 Bed Rent | $2,250 | $2,170 |
| 2 Bed Rent | $2,700 | $3,080 |
| 3 Bed Rent | $3,500 | $3,670 |
| 4 Bed Rent | $4,800 | $5,100 |
% of Rental Stock
Property Listings — Fresh Meadows, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Fresh Meadows, New York, NY is 88. This is a increase of 56.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $928,000 | 4.0% |
Listing Count | 84 | 58.0% |
| Listings as % of Homes | 0.3% | 58.0% |
Days on Market | 88 | 56.0% |
Demographics — Fresh Meadows, New York, NY
As of the latest ACS Survey released in 2023, Fresh Meadows, New York, NY has a population of 43,300, which has decreased by -3.8% over the past 5 years. Fresh Meadows, New York, NY is a moderately popular place for families, as children make up 20.3% of the population. The area has a moderately educated workforce, with 38.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,300 | -3.8% |
% Under 18 | 20.3% | -0.5% |
% Seniors | 18.8% | 27.0% |
% WFH | 12.0% | 471.4% |
% w/ College Degree | 38.8% | 4.6% |
As of the latest ACS Survey released in 2023, Fresh Meadows, New York, NY is a predominantly asian area, with 43.4% of the population identifying as asian. The asian population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Fresh Meadows, New York, NY is white, making up 22.5% of the population. Foreign-born residents account for 45.7% of the population in Fresh Meadows, New York, NY, and this percentage has increased by 1.8% 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 | 22.5% | -11.1% |
% Black | 11.4% | 34.1% |
% Hispanic | 20.5% | 4.1% |
% Asian | 43.4% | -3.3% |
% Foreign Born | 45.7% | 1.8% |
Mortgage and Risk — Fresh Meadows, New York, NY
According to HUD data as of 2023, there were 159 mortgage originations in Fresh Meadows, New York, NY, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Fresh Meadows, New York, NY. Investor activity is low, as 4.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 159 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Fresh Meadows, New York, NY
As of 2024, the percent of homes in Fresh Meadows, New York, NY under the Section 8 program is 0.5%. 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 Fresh Meadows, 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 | 960 |
Total Units Section 8 | 51 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $2,250 | $2,210 |
| 2 Bedroom | -$220 | $2,700 | $2,480 |
| 3 Bedroom | -$400 | $3,500 | $3,100 |
| 4 Bedroom | -$1,470 | $4,800 | $3,330 |
Affordability — Fresh Meadows, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11 |
| Median Home Price | $988,000 |
| Median Household Income | $85,400 |