Is Queens Village, NY 11429 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Queens Village is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score38/ 100

More competitive than 37% of U.S. ZIP codes, and #533 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 supply5.4Under 4 months = seller’s market
Sold above original list23.1%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$547▼ −0.5% vs. last year

The Queens Village housing market right now

In the three months ending August 31, 2026, 23% of homes in Queens Village, NY 11429 sold above their list price, the typical home went under contract in 43 days and there were 5.4 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 27 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold faster (52 days then) and the median sale price rose 8% to $782,361. Overall, Queens Village is less competitive than a year ago, which gives buyers more room.

Within Queens County, homes here sell faster than in 79% of the county’s ZIP codes, and sell more often over asking than in 53%. On our competition score, Queens Village ranks #533 of 649 NY ZIP codes with enough sales (score 38 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 Queens Village is

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Questions about Queens Village real estate

Is Queens Village a buyer’s or seller’s market?

A balanced market: there were 5.4 months of supply in Queens Village, NY 11429 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 Queens Village?

The typical home went under contract in 43 days in the latest three months.

Do homes in Queens Village sell over asking?

23% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.

What are property taxes in Queens Village?

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 Queens Village?

The median sale price was $782,361 in the three months ending August 31, 2026, about $547 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