Queens
Queens
For buyers focused on affordability, Rego Park has the lower median sale price at $365K vs $490K in Elmhurst.
Investors analyzing rental yield will find Rego Park offers a stronger rent-to-price ratio based on current market data.
| Metric | Elmhurst | Rego Park |
|---|---|---|
| Median Sale Price | $490,000 | $365,000 |
| Median Condo Price | $555,000 | $479,755 |
| Median Co-op Price | $310,000 | $355,000 |
| Median Rent | $2,647.5 | $3,150 |
| Active Listings | 88 | 146 |
| Rental Inventory | 106 | 167 |
| Days on Market | 73.5 | 64 |
| Price Cut Share | 18.2% | 10.3% |
| Monthly Sales Volume | 17 | 23 |
| YoY Price Change | +8.9% | -4.1% |
| YoY Rent Change | +1.8% | +14.5% |
| YoY Inventory Change | +72.5% | +20.7% |
| Subway Lines | N/A | N/A |
Prices in Elmhurst moved +8.9% over the past year, compared to -4.1% in Rego Park. Elmhurst is seeing price appreciation while Rego Park has softened, pointing to different supply-demand dynamics in each market.
Elmhurst 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 ReportRego Park is a highly convenient and residential Queens neighborhood known for its exceptional shopping and varied housing options. Home to major retail centers like Rego Center, the area offers a practical and comfortable urban lifestyle. The real estate market is characterized by a mix of spacious pre-war cooperatives, traditional multi-family houses, and modern high-rise condominiums that provide excellent value and a quick commute to Manhattan.
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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