Is Floral Park, NY 11005 a buyer’s or seller’s market?
Floral Park is a seller’s market. With about 3 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 10% of U.S. ZIP codes, and #628 of 649 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Floral Park housing market right now
In the three months ending August 31, 2026, 0% of homes in Floral Park, NY 11005 sold above their list price, the typical home went under contract in 66 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 28 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (77 days then) and the median sale price fell 3% to $549,762. Overall, Floral Park is more competitive than a year ago, so tougher for buyers.
Within Queens County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Floral Park ranks #628 of 649 NY ZIP codes with enough sales (score 17 out of 100).
Nearby, Saint Albans 11412 (45% sold over asking) and Cambria Heights 11411 (44% sold over asking) are even more competitive.
Run the numbers for 11005
Nearby markets
Arverne 11692Buyer’s market $331 /sq ftAstoria 11102Buyer’s market $1,126 /sq ftAstoria 11103Balanced $728 /sq ftAstoria 11105Buyer’s market $725 /sq ft Browse all markets →Towns like Floral Park nearby
Find towns like Floral Park in other states →Where Floral Park is
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Questions about Floral Park real estate
Is Floral Park a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Floral Park, NY 11005 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Floral Park?
The typical home went under contract in 66 days in the latest three months.
Do homes in Floral Park sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.2% of the list price.
What are property taxes in Floral Park?
About 0.87% of a home’s value a year in Queens County, or roughly $3,480 on a $400,000 home.
What is the median home price in Floral Park?
The median sale price was $549,762 in the three months ending August 31, 2026, about $450 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology