Queens Real Estate Market: What 12 Months of City Sales Records Show

Every home sale that closes in Queens gets recorded with the NYC Department of Finance, and the agency publishes those records as a rolling 12-month file, updated regularly, for anyone to download.¹ That makes it one of the few sources that shows what actually happened in the Queens real estate market, sale by sale, rather than an estimate built from asking prices or a broker's own closed-deal roster.

This report is built directly from that file: the Queens Rolling Sales dataset covering deeds recorded from September 2025 through August 2026.¹ After downloading and parsing it, we excluded sales recorded at less than $10,000, since transfers at that level are typically not arm's-length market sales, they're deed changes between relatives, corrections, foreclosures processed at nominal value, or transfers into or out of a trust or estate, and including them would understate true market prices.¹ That left 15,670 sales out of 26,461 total records in the file.¹

What follows is a breakdown of those 15,670 sales by property type, using the "Building Class Category" field the city itself assigns to every sale, plus the 10 Queens neighborhoods with the most one-to-three-family home activity.¹ We've added sourced context from brokerage and StreetEasy market reports covering different, more recent time slices, clearly marked as separate from the city's 12-month figures, and closed with what the numbers mean if you're on either side of a Queens deal. None of this is a prediction about where prices go next; it's a record of what already sold.

01 Where This Data Comes From, and How We Built It

The Department of Finance's Rolling Sales files exist because every property transfer in New York City has to be recorded, and the city's Automated City Register Information System captures the deed, the sale price, and a set of property characteristics for each one.¹ The Queens file we used lists 26,461 individual transaction records for the 12-month window from September 2025 through August 2026, covering the full range from single-family houses to vacant land and commercial buildings.¹

Two data-quality choices shape every number below. First, we kept only sales of $10,000 or more, which removed 10,791 records, roughly 40.8% of the raw file, most of them $0 or nominal-value deed transfers that don't reflect a market price.¹ Second, we sorted properties using the city's own "Building Class Category" field rather than guessing from an address or unit count, so a building recorded as a co-op elevator apartment building is counted as a co-op elevator apartment building, and a one-family house is counted as a one-family house, exactly as the Department of Finance classified it at the time of sale.¹

02 Queens Home Sales, September 2025 Through August 2026: The Numbers

Across every residential category we measured, one-family houses were the single largest slice of the market by sale count, and three-family houses the smallest, while co-ops outnumbered condos by more than 1,100 sales even though condos sold for well over double the price.¹

Combine the two co-op categories and the two condo categories, and the gap widens further: 3,472 co-op sales at a combined median of $335,000, against 2,313 condo sales at a combined median of $743,000, a 121.8% premium for condos.¹ Some of that gap is structural, co-op financing and board rules tend to keep prices lower relative to condos in the same building type citywide, and some of it reflects which Queens neighborhoods build co-ops versus condos in the first place.

Elevator buildings commanded a premium over walk-ups in both categories: condo elevator units sold for a median 34.5% more than condo walk-ups, and co-op elevator units sold for 4.6% more than co-op walk-ups.¹ The gap is much wider for condos than co-ops, which tracks with the fact that Queens' larger elevator condo developments tend to be newer construction with amenities that walk-up buildings usually don't have.

03 One-, Two-, and Three-Family Homes: Still Queens' Core Market

One-, two-, and three-family houses together accounted for 7,680 of the 15,670 sales in the file, 49.0% of every residential transaction that met our $10,000 threshold, making them the single largest slice of the Queens market by sale count when measured this way.¹ Their combined median price across all three sizes was $920,000.¹

Price rose steadily with the number of units: a two-family house carried an 18.8% price premium over a one-family house, and a three-family house carried a 57.6% premium over a one-family house.¹ That pattern is consistent with what you'd expect economically, a two- or three-family house can generate rental income from the units the owner doesn't occupy, and buyers pay for that.

Three-family houses were also by far the rarest of the three categories, just 555 sales versus 4,483 one-family sales, reflecting both a smaller citywide supply of legal three-family buildings and stricter zoning in many Queens neighborhoods that caps density at one or two units.¹ If you're weighing where a one-family house fits into the wider borough, homes for sale in Queens breaks down the buying side of that same market by neighborhood and price range.

04 The 10 Queens Neighborhoods With the Most 1-3 Family Home Sales

Ranking every Queens neighborhood by one-to-three-family sale count, rather than by price, shows where the actual transaction volume concentrated over the 12-month window. Flushing-North led the borough by a wide margin, with 580 one-to-three-family sales, more than 200 sales ahead of the second-place neighborhood.¹

Sale count and price don't move together. Flushing-North had both the most sales and a median price 30.4% above the borough-wide one-to-three-family median of $920,000, while three of the ten busiest neighborhoods, So. Jamaica-Baisley Park, St. Albans, and Springfield Gardens, sold at medians below $730,000, all in southeast Queens.¹ Astoria posted the highest median price of the ten, at $1,325,000, on a smaller sale count than the neighborhoods above it.¹

05 How This Compares to Other Recent Queens Market Reports

The Department of Finance file above tracks closed sales over a full rolling twelve-month window, which smooths out seasonal swings but lags behind what's happening in the market right now. Two more recent, narrower reports fill in that gap, and they measure different things, so treat them as a different lens rather than a direct comparison.

Compass's brokerage data, cited in a Brick Underground report on the second quarter of 2026 (April through June), found Queens house sales up 4.1% year over year to 1,979 closings, with the $750,000-to-$1-million price bracket growing 10% year over year and making up 38.9% of all house sales that quarter.² That's a single calendar quarter of house sales specifically, not the 12-month, all-property-type figures above.

StreetEasy data, reported by QNS, showed the median asking price for Queens homes for sale was essentially flat at $694,000 in July 2026, up just 0.1% from $693,307 a year earlier, while the number of homes for sale rose 9%, from 3,152 to 3,435, and median days on market ticked up from 60 to 62 days.⁴ Notably, that report found Queens was the only one of the boroughs studied where both asking price and days on market rose at the same time, alongside the largest gains in listings and contract activity.⁴ A separate StreetEasy-sourced report on the borough's luxury segment specifically found the median asking price there slipping 0.9%, from $695,258 in June 2025 to $689,000 in June 2026, even as homes entering contract in that segment rose 13.9% year over year, from 361 to 411.³

Read together, the asking-price data suggests a market where list prices have been holding roughly flat for a year while inventory and contract activity both climbed, a different picture from the sold-price medians in this report, since asking price, sale price, and twelve-month medians vs. single-month or single-quarter snapshots aren't the same measurement. If you're weighing Queens against the other outer borough sellers compare it to most, see our breakdown of Brooklyn vs. Queens for home sellers.

06 What These Numbers Mean If You're Thinking of Selling

If your property type and neighborhood line up with what sold in this window, the medians above give you a realistic starting point, not a guarantee. A one-family house in Springfield Gardens selling near its neighborhood's $690,000 median is in a very different price tier than a one-family house in Astoria, where the ten-neighborhood table above put the median at $1,325,000, even though both are one-family houses in the same borough.¹

Sale price also determines part of your closing costs under current law. New York City's Real Property Transfer Tax charges 1% of the price on residential sales of $500,000 or less, and 1.425% on sales above $500,000, for one-, two-, and three-family houses, individual condo units, and co-op apartments.⁵ Given the medians above, that means most one-family, two-family, and three-family sales in this dataset, along with the typical condo sale, crossed into the higher RPTT bracket, while a typical co-op sale, at a combined median of $335,000, stayed in the lower bracket.¹⁵ Layered on top of that, New York State charges its own transfer tax of $2 for every $500 of consideration (0.4%), plus an additional 1% "mansion tax" on residential sales of $1 million or more, a threshold several of the higher-priced neighborhoods and property types above would clear.⁶ These are the rules as currently written; rates and thresholds are set by the city and state and have changed before, so confirm the current numbers before you rely on them, and see our full breakdown of the NYC mansion tax for how it stacks with other closing costs.

How long your sale takes is a separate question from price, and this dataset doesn't track days on market, only closed sales. The StreetEasy-sourced figures above put Queens at a median 62 days on market as of July 2026, up slightly from 60 days a year earlier, but that's an asking-to-contract measure for active listings, not a measure of how long a sale takes from listing to closing.⁴ For the fuller timeline, including attorney review and, for co-ops, board approval, see how long it takes to sell a house in NYC. If you want a sense of where your own property might land relative to the medians here before you commit to a full listing timeline, a home valuation is a reasonable starting point.

07 What These Numbers Mean If You're Buying in Queens

For buyers, the headline from the more recent StreetEasy-sourced data is more inventory: 3,435 Queens homes for sale in July 2026 versus 3,152 a year earlier, a 9% increase, alongside a 456-to-354 rise in homes entering contract, the largest gains of the boroughs in that report.⁴ More listings generally means more room to negotiate and compare, though it doesn't guarantee any specific home will sit long enough for that to matter.

The 12-month closed-sale medians in this report tell you what buyers in each category actually paid, not what a seller is asking today. A buyer targeting a one-family house should expect a market centered near $840,000 borough-wide, but with real neighborhood spread: several of the ten busiest neighborhoods for 1-3 family sales cleared under $730,000, while others, like Astoria and Flushing-North, cleared well over $1.1 million.¹ For condos, the elevator-versus-walk-up gap, a 34.5% median price difference, is worth checking against the specific building, since older walk-up condo stock can be meaningfully cheaper than a newer elevator building in the same neighborhood.¹

None of this is a forecast. Twelve months of closed sales and two or three months of asking-price data describe what already happened; they don't predict what a specific home will sell for next. Use the medians here as a reference point for the segment you're shopping in, and compare pricing before deciding whether a home is priced in line with recent activity in its own neighborhood and property type.¹

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