Long Island City recorded 14 closed sales in the last 30 days at a median close price of $1.04M. Active inventory stands at 143 listings with a median asking price of $1.15M ($1,559/sqft). Condos dominate at 94% of inventory. 24.5% price reductions among active listings. 4 new listings hit the market this week, while 97 properties are under contract. At current absorption rates, Long Island City has approximately 10.2 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 Report June 2026: $1.15M Median
Milton Coste
Live from REBNY/RLS
September 30, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
143
Active Listings
$1.15M
Median Asking
14
Sold (30 Days)
10.2
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 143 |
| Pending Sales | 97 |
| Median Asking Price | $1.15M |
| Median Price/Sqft | $1,559 |
| Avg Days on Market | N/A |
| New This Week | 4 |
| Price Reduced | 35 (24.5%) |
| Sold (Last 30 Days) | 14 |
| Sold (Last 90 Days) | 67 |
| Median Sale Price (90d) | $1.04M |
| Sale-to-List Ratio | 100.2% |
| Months of Supply | 10.2 (buyer's market) |
Property Mix
Condo 94% (135)
Co-op 1% (2)
Condop 2% (3)
Recent Transactions
|
24-01 Queens Plaza N #204, Apt 204 | $955,000 | 1 BR | Sep 25, 2026 |
|
24-01 Queens Plaza N #204, Apt 204 | $955,000 | 1 BR | Sep 25, 2026 |
|
24-01 Queens Plaza N #301, Apt 301 | $870,000 | 1 BR | Sep 24, 2026 |
|
24-01 Queens Plaza N #301, Apt 301 | $870,000 | 1 BR | Sep 24, 2026 |
|
27-28 Thomson Avenue #816, Apt 816 | $2,025,000 | 2 BR | Sep 7, 2026 |
|
4-74 48th Avenue #PH-1H, Apt PH-1H | $583,000 | 1 BR | Sep 21, 2026 |
|
2-17 51st Avenue #1007, Apt 1007 | $1,060,000 | 1 BR | Sep 14, 2026 |
|
3 Court Square #902, Apt 902 | $1,699,000 | 2 BR | Sep 18, 2026 |
|
4-74 48th Avenue #7-E, Apt 7-E | $750,000 | 2 BR | Sep 9, 2026 |
|
5-49 Borden Avenue #8G, Apt 8G | $1,265,000 | 2 BR | Sep 8, 2026 |
|
4-74 48th Avenue #35-F, Apt 35-F | $640,000 | 1 BR | Sep 4, 2026 |
|
4-74 48th Avenue #27A, Apt 27A | $920,000 | 2 BR | Sep 2, 2026 |
|
24-01 Queens Plaza N #1304, Apt 1304 | $1,140,000 | 1 BR | Sep 2, 2026 |
|
24-01 Queens Plaza N #1304, Apt 1304 | $1,140,000 | 1 BR | Sep 2, 2026 |
Rental Market
5
Closed Rentals (30 Days)
$3,950/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | 3 | $4,250/mo | $3,950 - $4,300 |
| 3+ BR | Limited data | Limited data | Limited data |
Recent Transactions
|
27-17 42nd Road #11D, Apt 11D | $4,300/mo | 1 BR | Sep 29, 2026 |
|
33-19 9th Street #2, Apt 2 | $3,450/mo | 3 BR | Sep 10, 2026 |
|
46-06 11th Street #1-A, Apt 1-A | $3,250/mo | Studio | Sep 12, 2026 |
|
11-12 44th Drive #5-B, Apt 5-B | $4,250/mo | 1 BR | Sep 10, 2026 |
|
5-49 Borden Avenue #6-N, Apt 6-N | $3,950/mo | 1 BR | Sep 8, 2026 |
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Active Listings in Long Island City
View All
$2,572,500
11-37 44TH Drive #TH1
3 beds
2 baths
1,357 sqft
Condo
$1,680,000
11-37 44TH Drive #PH4
2 beds
2 baths
905 sqft
Condo
$987,000
11-37 44TH Drive #PH12
1 bed
1 bath
468 sqft
Condo
$890,000
11-37 44TH Drive #311
1 bed
1 bath
566 sqft
Condo
$892,500
11-37 44TH Drive #302
1 bed
1 bath
535 sqft
Condo
$966,000
11-37 44TH Drive #615
1 bed
1 bath
566 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.