Is Ozone Park, NY 11416 a buyer’s or seller’s market?

The Ozone Park housing market right now

In the three months ending August 31, 2026, 40% of homes in Ozone Park, NY 11416 sold above their list price, the typical home went under contract in 61 days and there were 6.8 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 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold more slowly (55 days then) and the median sale price fell 2% to $964,583. Overall, Ozone Park is more competitive than a year ago, so tougher for buyers.

Within Queens County, homes here sell more slowly than in 66% of the county’s ZIP codes, and sell more often over asking than in 91%. On our competition score, Ozone Park ranks #507 of 649 NY ZIP codes with enough sales (score 43 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.