Kew Gardens, New York, NY—11415
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kew Gardens, New York, NY
As of Oct '25, the median home price in Kew Gardens, New York, NY is $377,000, with a year-over-year change of 3.4%. This indicates that home prices in Kew Gardens, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $377,000 | 3.4% |
| Single Family | $991,000 | 5.3% |
| Condos | $328,000 | 2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $275,000 | 5.8% |
2 Bed | $394,000 | 4.5% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kew Gardens, New York, NY
As of July '25, Rentcast reports the average rent in Kew Gardens, New York, NY is $2,910, with a year-over-year rent change of -4.0%. Per bedroom, the median rent as of July '25 in Kew Gardens, New York, NY is studios: $1,870, 1-bedrooms: $2,250, 2-bedrooms: $2,800, 3-bedrooms: $3,100, 4-bedrooms: $8,000. The most common rental property sizes in Kew Gardens, New York, NY are 1-bedroom and 2-bedroom, accounting for 50.4% and 22.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,910 |
| Studio Rent | $2,000 | $1,870 |
| 1 Bed Rent | $2,200 | $2,250 |
| 2 Bed Rent | $2,750 | $2,800 |
| 3 Bed Rent | $3,000 | $3,100 |
| 4 Bed Rent | $8,000 | $8,000 |
% of Rental Stock
Property Listings — Kew Gardens, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Kew Gardens, New York, NY is 78. This is a decrease of -19.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $326,000 | 12.0% |
Listing Count | 124 | 23.0% |
| Listings as % of Homes | 0.9% | 23.0% |
Days on Market | 78 | -19.0% |
Demographics — Kew Gardens, New York, NY
As of the latest ACS Survey released in 2023, Kew Gardens, New York, NY has a population of 21,400, which has increased by 10.4% over the past 5 years. Kew Gardens, New York, NY is a moderately popular place for families, as children make up 20.0% of the population. The area has a highly educated workforce, with 52.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,400 | 10.4% |
% Under 18 | 20.0% | 0.5% |
% Seniors | 16.3% | 2.5% |
% WFH | 14.4% | 188.0% |
% w/ College Degree | 52.9% | 12.8% |
As of the latest ACS Survey released in 2023, Kew Gardens, New York, NY is a predominantly white area, with 43.3% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Kew Gardens, New York, NY is hispanic, making up 24.7% of the population. Foreign-born residents account for 37.8% of the population in Kew Gardens, New York, NY, and this percentage has decreased by 9.6% 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 | 43.3% | -6.9% |
% Black | 7.1% | 31.5% |
% Hispanic | 24.7% | -0.8% |
% Asian | 20.4% | 7.4% |
% Foreign Born | 37.8% | -9.6% |
Mortgage and Risk — Kew Gardens, New York, NY
According to HUD data as of 2023, there were 152 mortgage originations in Kew Gardens, New York, NY, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Kew Gardens, New York, NY. Investor activity is low, as 1.0% 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 | 152 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Kew Gardens, New York, NY
As of 2024, the percent of homes in Kew Gardens, New York, NY under the Section 8 program is 3.7%. 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 and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Kew Gardens, New York, NY, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 178 |
Total Units Section 8 | 178 |
% Rentals under Section 8 | 3.7% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $460 | $2,200 | $2,660 |
| 2 Bedroom | $200 | $2,750 | $2,950 |
| 3 Bedroom | $680 | $3,000 | $3,680 |
| 4 Bedroom | -$4,030 | $8,000 | $3,970 |
Affordability — Kew Gardens, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $377,000 |
| Median Household Income | $88,600 |