Is Flushing, NY 11354 a buyer’s or seller’s market?
Flushing is a buyer’s market. With about 8.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 18% of U.S. ZIP codes, and #602 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 Flushing housing market right now
In the three months ending August 31, 2026, 14% of homes in Flushing, NY 11354 sold above their list price, the typical home went under contract in 44 days and there were 8.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 125 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (12% then), homes sold faster (83 days then) and the median sale price rose 5% to $667,711. Overall, Flushing is more competitive than a year ago, so tougher for buyers.
Within Queens County, homes here sell faster than in 76% of the county’s ZIP codes, and sell less often over asking than in 76%. On our competition score, Flushing ranks #602 of 649 NY ZIP codes with enough sales (score 23 out of 100).
Nearby, buyers who want less competition could look at Breezy Point 11697 (0% sold over asking) or Floral Park 11005 (0% sold over asking), while Saint Albans 11412 (45% sold over asking) and Cambria Heights 11411 (44% sold over asking) are even more competitive.
Run the numbers for 11354
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 Flushing nearby
Find towns like Flushing in other states →Where Flushing is
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Questions about Flushing real estate
Is Flushing a buyer’s or seller’s market?
A buyer’s market: there were 8.7 months of supply in Flushing, NY 11354 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 Flushing?
The typical home went under contract in 44 days in the latest three months.
Do homes in Flushing sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.
What are property taxes in Flushing?
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 Flushing?
The median sale price was $667,711 in the three months ending August 31, 2026, about $807 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