Is East Elmhurst, NY 11370 a buyer’s or seller’s market?
East Elmhurst is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 19% of U.S. ZIP codes, and #598 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 East Elmhurst housing market right now
In the three months ending August 31, 2026, 10% of homes in East Elmhurst, NY 11370 sold above their list price, the typical home went under contract in 67 days and there were 4 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 21 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 28%, homes sold more slowly (36 days then) and the median sale price rose 12% to $974,578. Overall, East Elmhurst is less competitive than a year ago, which gives buyers more room.
Within Queens County, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell less often over asking than in 88%. On our competition score, East Elmhurst ranks #598 of 649 NY ZIP codes with enough sales (score 24 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 11370
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 East Elmhurst nearby
Find towns like East Elmhurst in other states →Where East Elmhurst is
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Questions about East Elmhurst real estate
Is East Elmhurst a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in East Elmhurst, NY 11370 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 East Elmhurst?
The typical home went under contract in 67 days in the latest three months.
Do homes in East Elmhurst sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in East Elmhurst?
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 East Elmhurst?
The median sale price was $974,578 in the three months ending August 31, 2026, about $674 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