Is Jamaica, NY 11435 a buyer’s or seller’s market?
Jamaica is a buyer’s market. With about 8.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 21% of U.S. ZIP codes, and #587 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
The Jamaica housing market right now
In the three months ending August 31, 2026, 23% of homes in Jamaica, NY 11435 sold above their list price, the typical home went under contract in 73 days and there were 8.4 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 32 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold more slowly (44 days then) and the median sale price rose 103% to $669,710. Overall, Jamaica is less competitive than a year ago, which gives buyers more room.
Within Queens County, homes here sell more slowly than in 88% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Jamaica ranks #587 of 649 NY ZIP codes with enough sales (score 26 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.
Run the numbers for 11435
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 →Towns like Jamaica nearby
Find towns like Jamaica in other states →Where Jamaica is
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Questions about Jamaica real estate
Is Jamaica a buyer’s or seller’s market?
A buyer’s market: there were 8.4 months of supply in Jamaica, NY 11435 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 Jamaica?
The typical home went under contract in 73 days in the latest three months.
Do homes in Jamaica sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.
What are property taxes in Jamaica?
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 Jamaica?
The median sale price was $669,710 in the three months ending August 31, 2026, about $472 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