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Queens Village, New York, NY—11428

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$788,000
5.2% YoY Growth
Household Income
$85,000
15.3% YoY Growth
Days on Market
43
29.0% Shorter YoY
Home Price Forecast
1.8%
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

11427
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Queens Village, New York, NY

As of May '26, the median home price in Queens Village, New York, NY is $788,000, with a year-over-year change of 5.2%. This indicates that home prices in Queens Village, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$788,0005.2%
Single Family $790,0004.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$795,0006.3%
    4 Bed
    		$847,0005.3%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.8%
    1 Bedroom
    16.1%
    2 Bedrooms
    18.3%
    3 Bedrooms
    50.7%
    4 Bedrooms
    11.3%
    5+ Bedrooms
    1.7%

    Rental Trends — Queens Village, New York, NY

    As of July '25, Rentcast reports the average rent in Queens Village, New York, NY is $3,110, with a year-over-year rent change of 14.3%. Per bedroom, the median rent as of July '25 in Queens Village, New York, NY is studios: $1,690, 1-bedrooms: $1,900, 2-bedrooms: $2,680, 3-bedrooms: $3,660, 4-bedrooms: $4,750. The most common rental property sizes in Queens Village, New York, NY are 1-bedroom and 2-bedroom, accounting for 42.9% and 25.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,030$3,110
    Studio Rent $1,650$1,690
    1 Bed Rent $1,900$1,900
    2 Bed Rent $2,400$2,680
    3 Bed Rent $3,500$3,660
    4 Bed Rent $4,500$4,750
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    % of Rental Stock

    Studio
    4.7%
    1 Bedroom
    42.9%
    2 Bedrooms
    25.8%
    3 Bedrooms
    22.5%
    4 Bedrooms
    2.5%
    5+ Bedrooms
    1.6%

    Property Listings — Queens Village, New York, NY

    As of May '26, Realtor.com reports that the median days on market for a home in Queens Village, New York, NY is 43. This is a decrease of -29.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$837,0001.0%
    Listing Count
    		28-8.0%
    Listings as % of Homes0.5%-8.0%
    Days on Market
    		43-29.0%
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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 Ratio8
    Median Home Price$788,000
    Median Household Income$85,000

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

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    Nearby ZIP Codes

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    Frequently Asked Questions