Queens Village, New York, NY11428

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$750,000
5.7% YoY Growth
Household Income
$85,000
15.3% YoY Growth
Days on Market
44
39.0% Shorter YoY
Home Price Forecast
1.4%
Median Rent
$3,030
14.3% YoY Growth
1-Bed Rent
$1,900
1.6% YoY Growth
2-Bed Rent
$2,400
1.5% YoY Growth
3-Bed Rent
$3,500
18.4% YoY Growth

Other Zip Codes in Queens Village, New York, NY

Property Listings — Queens Village, New York, NY

As of Nov '25, Realtor.com reports that the median days on market for a home in Queens Village, New York, NY is 44. This is a decrease of -39.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$747,0002.0%
Listing Count
327.0%
Listings as % of Homes0.5%7.0%
Days on Market
44-39.0%
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Demographics — Queens Village, New York, NY

As of the latest ACS Survey released in 2023, Queens Village, New York, NY has a population of 18,900, which has remained stable by -0.2% over the past 5 years. Queens Village, New York, NY is a moderately popular place for families, as children make up 15.9% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
18,900-0.2%
% Under 18
15.9%-20.5%
% Seniors
22.2%46.1%
% WFH
10.5%452.6%
% w/ College Degree
27.7%46.6%
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As of the latest ACS Survey released in 2023, Queens Village, New York, NY is a predominantly asian area, with 32.6% of the population identifying as asian. The asian population has grown by 26.4% in the last 5 years. The second most common race or ethnicity in Queens Village, New York, NY is hispanic, making up 28.0% of the population. Foreign-born residents account for 55.7% of the population in Queens Village, New York, NY, and this percentage has increased by 12.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
8.0%-27.9%
% Black
17.5%-16.7%
% Hispanic
28.0%10.7%
% Asian
32.6%26.4%
% Foreign Born
55.7%12.1%
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Mortgage and Risk — Queens Village, New York, NY

According to HUD data as of 2023, there were 110 mortgage originations in Queens Village, New York, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Queens Village, New York, NY. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
110
% Conventional Loans
85.0%
% Government Loans
15.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
14.0%
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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 2.5%. 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. 1-bedroom and 2-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 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
39
Total Units Section 8
38
% Rentals under Section 8
2.5%
% Occupied Section 8
87.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$470$1,900$2,370
2 Bedroom$220$2,400$2,620
3 Bedroom-$230$3,500$3,270
4 Bedroom-$980$4,500$3,520

Affordability — Queens Village, New York, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio7.9
Median Home Price$750,000
Median Household Income$85,000

Queens Village, New York, NY — ZIP Code Boundary Map

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Frequently Asked Questions