Queens Village, New York, NY—11428
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 Nov '25, the median home price in Queens Village, New York, NY is $750,000, with a year-over-year change of 5.7%. This indicates that home prices in Queens Village, 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 | $750,000 | 5.7% |
| Single Family | $751,000 | 5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $757,000 | 5.3% |
4 Bed | $807,000 | 4.4% |
| 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 $3,110, 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.
| Type | Median Rent | Average 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 |
% of Rental Stock
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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $747,000 | 2.0% |
Listing Count | 32 | 7.0% |
| Listings as % of Homes | 0.5% | 7.0% |
Days on Market | 44 | -39.0% |
Demographics — Queens Village, New York, NY
As of the latest ACS Survey released in 2023, Queens Village, New York, NY has a population of 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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.9 |
| Median Home Price | $750,000 |
| Median Household Income | $85,000 |