Long Island City recorded 8 closed sales in the last 30 days at a median close price of $1.27M. Active inventory stands at 160 listings with a median asking price of $1.20M ($1,506/sqft). Condos dominate at 98% of inventory. 21.3% price reductions among active listings. 19 new listings hit the market this week, while 115 properties are under contract. At current absorption rates, Long Island City has approximately 20 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 Real Estate April 2026 | $1.20M Median
Milton Coste
Live from REBNY/RLS
April 30, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
160
Active Listings
$1.20M
Median Asking
8
Sold (30 Days)
20
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 160 |
| Pending Sales | 115 |
| Median Asking Price | $1.20M |
| Median Price/Sqft | $1,506 |
| Avg Days on Market | N/A |
| New This Week | 19 |
| Price Reduced | 34 (21.3%) |
| Sold (Last 30 Days) | 8 |
| Sold (Last 90 Days) | 29 |
| Median Sale Price (90d) | $1.27M |
| Sale-to-List Ratio | 99.2% |
| Months of Supply | 20 (buyer's market) |
Property Mix
Condo 98% (156)
Co-op 0% (0)
Condop 1% (1)
Recent Transactions
|
27-28 Thomson Avenue #127, Apt 127 | $976,000 | 1 BR | Apr 30, 2026 |
|
47-28 11th Street #2C, Apt 2C | $1,400,000 | 2 BR | Apr 2, 2026 |
|
11-36 45TH Road #302A, Apt 302A | $1,535,000 | 2 BR | Apr 8, 2026 |
|
11-36 45TH Road #505B, Apt 505B | $1,755,000 | 2 BR | Apr 8, 2026 |
|
24-12 42nd Road #4-A, Apt 4-A | $1,212,750 | 2 BR | Apr 2, 2026 |
|
11-36 45TH Road #301B, Apt 301B | $915,000 | 1 BR | Apr 9, 2026 |
|
37-34 33rd Street #4-K, Apt 4-K | $1,268,150 | 2 BR | Apr 2, 2026 |
|
4-74 48th Avenue #35-L, Apt 35-L | $800,000 | 2 BR | Apr 2, 2026 |
Rental Market
5
Closed Rentals (30 Days)
$3,800/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | 3 | $4,200/mo | $3,800 - $4,750 |
| 2 BR | Limited data | Limited data | Limited data |
Recent Transactions
|
4-74 48th Avenue #26-J, Apt 26-J | $4,200/mo | 1 BR | Apr 30, 2026 |
|
30-55 Vernon Boulevard #5N, Apt 5N | $3,800/mo | 1 BR | Apr 27, 2026 |
|
5-49 47th Avenue #3-R, Apt 3-R | $2,250/mo | Studio | Apr 19, 2026 |
|
3 Court Square #4205, Apt 4205 | $4,750/mo | 1 BR | Apr 8, 2026 |
|
28-18 41st Avenue #2R, Apt 2R | $2,995/mo | 2 BR | Apr 8, 2026 |
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Active Listings in Long Island City
View All
$899,000
21-45 44TH Drive #6B
1 bed
1 bath
723 sqft
Condo
$1,250,000
37-34 33rd Street #6-D
2 beds
2 baths
845 sqft
Condo
$895,000
30-55 Vernon Boulevard #6J
1 bed
1 bath
687 sqft
Condo
$735,000
30-55 Vernon Boulevard #3S
1 bed
1 bath
612 sqft
Condo
$895,000
5-12 51st Avenue #2-A
1 bed
1 bath
714 sqft
Condo
$1,560,000
5-12 51st Avenue #3
2 beds
2 baths
1,363 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.