Is Arverne, NY 11692 a buyer’s or seller’s market?

The Arverne housing market right now

In the three months ending August 31, 2026, 17% of homes in Arverne, NY 11692 sold above their list price, the typical home went under contract in 48 days and there were 14.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold faster (102 days then) and the median sale price fell 22% to $555,010. Overall, Arverne is more competitive than a year ago, so tougher for buyers.

Within Queens County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in 64%.

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.