Is Flushing, NY 11358 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Flushing is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score39/ 100

More competitive than 38% of U.S. ZIP codes, and #526 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

Months of supply4.9Under 4 months = seller’s market
Sold above original list24%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market34Listing to accepted offer
Median price per sq ft$667▲ +5.0% vs. last year

The Flushing housing market right now

In the three months ending August 31, 2026, 24% of homes in Flushing, NY 11358 sold above their list price, the typical home went under contract in 34 days and there were 4.9 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 51 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold faster (60 days then) and the median sale price rose 5% to $1,152,002. Overall, Flushing is more competitive than a year ago, so tougher for buyers.

Within Queens County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Flushing ranks #526 of 649 NY ZIP codes with enough sales (score 39 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.

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 →

Where Flushing is

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Questions about Flushing real estate

Is Flushing a buyer’s or seller’s market?

A balanced market: there were 4.9 months of supply in Flushing, NY 11358 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 34 days in the latest three months.

Do homes in Flushing sell over asking?

24% of homes sold above their original list price, and the typical sale closed at 96.4% 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 $1,152,002 in the three months ending August 31, 2026, about $667 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