Brooklyn
Queens
For buyers focused on affordability, Elmhurst has the lower median sale price at $490K vs $718K in Canarsie.
Investors analyzing rental yield will find Elmhurst offers a stronger rent-to-price ratio based on current market data.
| Metric | Canarsie | Elmhurst |
|---|---|---|
| Median Sale Price | $717,500 | $490,000 |
| Median Condo Price | $24,000 | $555,000 |
| Median Co-op Price | N/A | $310,000 |
| Median Rent | $2,900 | $2,647.5 |
| Active Listings | 82 | 88 |
| Rental Inventory | 34 | 106 |
| Days on Market | 55 | 73.5 |
| Price Cut Share | 9.8% | 18.2% |
| Monthly Sales Volume | 18 | 17 |
| YoY Price Change | -7.3% | +8.9% |
| YoY Rent Change | +8.4% | +1.8% |
| YoY Inventory Change | +5.1% | +72.5% |
| Subway Lines | N/A | N/A |
Prices in Canarsie moved -7.3% over the past year, compared to +8.9% in Elmhurst. Elmhurst is seeing price appreciation while Canarsie has softened, pointing to different supply-demand dynamics in each market.
Canarsie is a residential Brooklyn neighborhood where the L train terminates at Rockaway Parkway, connecting residents to Williamsburg and Manhattan's 14th Street corridor. The housing stock spans single-family detached homes, mid-century split-levels, brick rowhouses, and low-rise condominiums on tree-lined streets. The 132-acre Canarsie Park and Canarsie Pier on Jamaica Bay provide extensive waterfront recreation, sports fields, and fishing access along the neighborhood's southern edge.
View Full Market ReportElmhurst is a dynamic and bustling neighborhood in central Queens. Known for its incredible culinary scene and bustling commercial corridors, the area offers a high-energy urban lifestyle. The real estate market is characterized by a wide range of housing options, from spacious pre-war cooperatives and traditional multi-family houses to sleek new construction condominiums that provide excellent value and a quick commute to Manhattan and Long Island City.
View Full Market ReportNo subway data available
No subway data available
Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.
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