Is Elmhurst, NY 11373 a buyer’s or seller’s market?

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

Elmhurst is a buyer’s market. With about 9.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score21/ 100

More competitive than 15% of U.S. ZIP codes, and #610 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 supply9.5Under 4 months = seller’s market
Sold above original list15.2%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$544▼ −1.7% vs. last year

The Elmhurst housing market right now

In the three months ending August 31, 2026, 15% of homes in Elmhurst, NY 11373 sold above their list price, the typical home went under contract in 70 days and there were 9.5 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 47 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold faster (73 days then) and the median sale price fell 10% to $529,771. Overall, Elmhurst is more competitive than a year ago, so tougher for buyers.

Within Queens County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Elmhurst ranks #610 of 649 NY ZIP codes with enough sales (score 21 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 Elmhurst is

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Questions about Elmhurst real estate

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

A buyer’s market: there were 9.5 months of supply in Elmhurst, NY 11373 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 Elmhurst?

The typical home went under contract in 70 days in the latest three months.

Do homes in Elmhurst sell over asking?

15% 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 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 Elmhurst?

The median sale price was $529,771 in the three months ending August 31, 2026, about $544 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