Is Little Neck, NY 11362 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Little Neck is a seller’s market. With about 3.4 months of supply and 10% 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.

Competition score33/ 100

More competitive than 30% of U.S. ZIP codes, and #555 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 supply3.4Under 4 months = seller’s market
Sold above original list10.3%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$601▲ +29.7% vs. last year

The Little Neck housing market right now

In the three months ending August 31, 2026, 10% of homes in Little Neck, NY 11362 sold above their list price, the typical home went under contract in 41 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 60 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 36%, homes sold more slowly (33 days then) and the median sale price rose 111% to $942,092. Overall, Little Neck is less competitive than a year ago, which gives buyers more room.

Within Queens County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in 84%. On our competition score, Little Neck ranks #555 of 649 NY ZIP codes with enough sales (score 33 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 Little Neck is

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Questions about Little Neck real estate

Is Little Neck a buyer’s or seller’s market?

A seller’s market: there were 3.4 months of supply in Little Neck, NY 11362 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 Little Neck?

The typical home went under contract in 41 days in the latest three months.

Do homes in Little Neck sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.

What are property taxes in Little Neck?

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 Little Neck?

The median sale price was $942,092 in the three months ending August 31, 2026, about $601 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