Long Island City recorded 10 closed sales in the last 30 days at a median close price of $1.19M. Active inventory stands at 157 listings with a median asking price of $1.20M ($1,521/sqft). Condos dominate at 96% of inventory. 11.5% price reductions among active listings. 5 new listings hit the market this week, while 137 properties are under contract. At current absorption rates, Long Island City has approximately 15.7 months of supply, making it a buyer's market. As a Long Island City specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Long Island City, call me at (917) 416-7433 for a personalized market analysis.
Long Island City Market Update: April 2026
Milton Coste
Live from REBNY/RLS
March 31, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10401274378 | (917) 416-7433
157
Active Listings
$1.20M
Median Asking
10
Sold (30 Days)
15.7
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 157 |
| Pending Sales | 137 |
| Median Asking Price | $1.20M |
| Median Price/Sqft | $1,521 |
| Avg Days on Market | N/A |
| New This Week | 5 |
| Price Reduced | 18 (11.5%) |
| Sold (Last 30 Days) | 10 |
| Sold (Last 90 Days) | 38 |
| Median Sale Price (90d) | $1.19M |
| Sale-to-List Ratio | 99.3% |
| Months of Supply | 15.7 (buyer's market) |
Property Mix
Condo 96% (151)
Co-op 0% (0)
Condop 1% (1)
Recent Transactions
|
22-43 Jackson Avenue #8-D, Apt 8-D | $999,998 | 1 BR | Mar 26, 2026 |
|
11-36 45TH Road #407B, Apt 407B | $950,000 | 1 BR | Mar 30, 2026 |
|
3 Court Square #4308, Apt 4308 | $1,575,000 | 2 BR | Mar 27, 2026 |
|
11-36 45TH Road #505A, Apt 505A | $2,140,000 | 3 BR | Mar 26, 2026 |
|
27-16 41st Avenue #3D, Apt 3D | $915,000 | 2 BR | Mar 25, 2026 |
|
27-28 Thomson Avenue #529, Apt 529 | $1,500,000 | 1 BR | Mar 19, 2026 |
|
4-74 48th Avenue #21-N, Apt 21-N | $680,000 | 1 BR | Mar 20, 2026 |
|
21-30 44TH Drive #6I, Apt 6I | $1,111,000 | 1 BR | Mar 16, 2026 |
|
11-36 45TH Road #502A, Apt 502A | $1,575,000 | 2 BR | Mar 16, 2026 |
|
11-36 45TH Road #503B, Apt 503B | $975,000 | 1 BR | Mar 9, 2026 |
Rental Market
5
Closed Rentals (30 Days)
$3,800/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| 1 BR | 3 | $2,750/mo | $2,600 - $3,800 |
| 2 BR | Limited data | Limited data | Limited data |
Recent Transactions
|
31-14 35th Street #3A, Apt 3A | $2,600/mo | 1 BR | Mar 14, 2026 |
|
3 Court Square #5601, Apt 5601 | $6,995/mo | 2 BR | Mar 27, 2026 |
|
30-55 Vernon Boulevard #3J, Apt 3J | $5,850/mo | 2 BR | Mar 24, 2026 |
|
21-59 44TH Drive #4C, Apt 4C | $3,800/mo | 1 BR | Mar 17, 2026 |
|
27-08 39th Avenue #3F, Apt 3F | $2,750/mo | 1 BR | Mar 6, 2026 |
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Active Listings in Long Island City
View All
$1,950,000
11-02 49th Avenue #4H
3 beds
2 baths
1,432 sqft
Condo
$2,979,283
3 Court Square #PH-205
2 beds
2 baths
980 sqft
Condo
$3,000,000
3 Court Square #PH-307
3 beds
3 baths
1,249 sqft
Condo
$1,198,000
46-30 Center Boulevard #406
1 bed
1 bath
762 sqft
Condo
$1,065,000
11-36 45TH Road #202B
1 bed
1 bath
556 sqft
Condo
$1,150,000
24-16 Queens Plaza #7B
2 beds
2 baths
873 sqft
Condo
Data provided by the RLS at REBNY
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.