Is Jamaica, NY 11434 a buyer’s or seller’s market?

The Jamaica housing market right now

In the three months ending August 31, 2026, 35% of homes in Jamaica, NY 11434 sold above their list price, the typical home went under contract in 82 days and there were 5.9 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 59 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 39%, homes sold faster (87 days then) and the median sale price held steady to $719,689. Overall, Jamaica is about as competitive as it was a year ago.

Within Queens County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Jamaica ranks #511 of 649 NY ZIP codes with enough sales (score 42 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.