Queens County Real Estate Market Update – October 2025
By Jason Matthews, REALTOR® | Real Broker NY LLC
Queens “The World’s Borough” Public Art Installation in Forest Hills, NY
📍 Market Overview
Queens County’s housing market held its ground through October 2025. Prices edged higher for most property types, while inventory levels rose modestly—creating a mostly balanced-to-seller environment.
This monthly analysis uses the latest data from Realtors Property Resource® (RPR) to highlight what’s driving today’s Queens market across all housing categories.
🏡 Single-Family Homes
The single-family market continues to demonstrate strength, driven by steady demand and tight supply.
Key Stats (October 2025)
Median Sold Price: $880,000 ▲ 2.1 % MoM
Median List Price: $899,999 ▲ 2.7 %
Median Days on Market: 38 days ▲ 19 %
Sold-to-List Ratio: 98.2 %
Months of Inventory: 4.5 months ▼ 11 %
💡 Insight: Buyers are still competing for well-priced listings under $900K in neighborhoods such as Briarwood, Forest Hills, and Jamaica Estates. Limited supply continues to support pricing power.
🏢 Condo / Townhouse / Apartment Market
The condo and townhouse market in Queens remained active through October 2025, showing modest price growth and steady buyer interest. While inventory levels are higher than in other property types, demand continues to support stable values across key neighborhoods.
Key Stats (October 2025)
Median Sold Price: $598,500 ▲ 1.4% MoM
Median Estimated Value: $624,000 ▼ 0.1% MoM | ▲ 0.2% YoY
Median List Price: $698,000 (flat MoM)
Median Days on Market: 66 days ▲ 6.5%
Sold-to-List Ratio: 96.1% ▲ 0.8%
Months of Inventory: 8.0 ▼ 0.1% MoM | ▼ 15.6% YoY
💡 Insight: The condo and townhouse segment remains buyer-leaning, with about eight months of inventory giving buyers more negotiation power. Still, attractive developments in Long Island City, Flushing, and Forest Hills continue to see solid movement, especially for updated or newer units close to transit and amenities.
🏙️ Co-Op Apartments
The co-op segment showed notable appreciation, outpacing expectations as buyers pursued affordability amid higher interest rates.
Key Stats (October 2025)
Median Sold Price: $339,500 ▲ 6.1 % MoM
Median Estimated Value: $400,000 ▲ 1.3 %
Median Days on Market: 71 days ▲ 31 %
Sold-to-List Ratio: 97.6 %
Months of Inventory: 6.06 ▼ 6.2 %
💡 Insight: Demand for co-ops remains steady in Rego Park, Kew Gardens, and Jackson Heights. Longer marketing times create negotiation leverage for qualified buyers.
🏘️ Multifamily / Investment Properties
Investor interest persisted through October, with strong price growth and manageable listing volume.
Key Stats (October 2025)
Median Sold Price: $1,150,000 ▲ 7.9 % MoM
Median List Price: $1,300,000
Median Days on Market: 50 days ▲ 9 %
Sold-to-List Ratio: 97.2 %
Months of Inventory: 6.7 ▼ 2.2 %
💡 Insight: Two- to four-unit buildings in Jamaica, Maspeth, and Elmhurst continue to attract investors seeking both appreciation and cash-flow potential. Inventory levels suggest a balanced environment with selective buyer advantage.
📊 Market Summary Table
| Property Type | Median Price | MoM Change | Median DOM | Inventory (Mo.) | Market Tone |
|---|---|---|---|---|---|
| Single-Family | $880 K | ▲ 2.1 % | 38 | 4.5 | Seller’s |
| Condo / Townhouse | ≈ $650 K* | ≈ Stable | 45 (est.) | 8.0 | Buyer’s |
| Co-Op | $339 K | ▲ 6.1 % | 71 | 6.1 | Balanced |
| Multifamily | $1.15 M | ▲ 7.9 % | 50 | 6.7 | Balanced → Buyer |
*Approximation based on $/Sq Ft data and active listings.
🧭 What This Means for You
🔹 Buyers:
Queens offers a window of opportunity—particularly in condos and co-ops—before spring competition returns. Secure pre-approval and be ready to act on well-priced homes.
🔹 Sellers:
Demand remains solid. Proper pricing and presentation are key; listings within 2% of market value continue to attract multiple offers.
🔹 Investors:
Multifamily properties remain strong performers, with rising rents and steady absorption rates. Focus on neighborhoods with transit access and value-add potential.
💬 Jason’s Perspective
“Queens is showing its trademark stability again—steady prices, diverse housing options, and constant buyer demand. Even as inventory grows slightly, this borough continues to be one of New York’s most balanced and resilient markets.”
— Jason Matthews, REALTOR® | Real Broker NY LLC
🏠 Thinking of Buying or Selling in Queens?
Let’s discuss your goals and build a custom market plan based on your neighborhood and price point.
📞 (347) 609-7794 |📧 info@jasonnycrealtor.com | 🌐 JasonMatthews.realtor
📘 Source & Disclaimers
Data Source: Realtors Property Resource®, LLC (RPR) – October 2025. Based on listings and public records for Queens County, NY.
All information is deemed reliable but not guaranteed. Market conditions vary by neighborhood and property type. For the most accurate valuation and strategy, consult a licensed real estate professional.
About Jason Matthews
Jason Matthews is a Queens-based REALTOR® with Real Broker NY LLC who blends deep local knowledge with a global perspective. Whether guiding first-time buyers or connecting investors to international opportunities, he’s passionate about helping clients achieve their real estate goals with trust and transparency.
