Is Rego Park, NY 11374 a buyer’s or seller’s market?

The Rego Park housing market right now

In the three months ending August 31, 2026, 14% of homes in Rego Park, NY 11374 sold above their list price, the typical home went under contract in 59 days and there were 8 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 72 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (91 days then) and the median sale price fell 3% to $429,814. Overall, Rego Park is more competitive than a year ago, so tougher for buyers.

Within Queens County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 74%. On our competition score, Rego Park ranks #603 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.