Brooklyn
Queens
For buyers focused on affordability, Jamaica has the lower median sale price at $548K vs $1.3M in Greenwood.
Investors analyzing rental yield will find Jamaica offers a stronger rent-to-price ratio based on current market data.
| Metric | Greenwood | Jamaica |
|---|---|---|
| Median Sale Price | $1,282,500 | $547,500 |
| Median Condo Price | $835,000 | N/A |
| Median Co-op Price | N/A | N/A |
| Median Rent | $3,499 | $2,840 |
| Active Listings | 57 | 26 |
| Rental Inventory | 173 | 255 |
| Days on Market | 85 | 0 |
| Price Cut Share | 8.8% | 3.8% |
| Monthly Sales Volume | 5 | 12 |
| YoY Price Change | +42.9% | +4.3% |
| YoY Rent Change | +5.6% | -9.1% |
| YoY Inventory Change | +21.3% | +44.4% |
| Subway Lines | N/A | N/A |
Prices in Greenwood moved +42.9% over the past year, compared to +4.3% in Jamaica. The +42.9% gain in Greenwood reflects stronger buyer demand relative to available inventory in that market.
Greenwood is a Brooklyn neighborhood of brick row houses, walk-up apartment buildings, and new condominium developments surrounding the historic 478-acre Green-Wood Cemetery. The R train at 25th Street provides subway service, and the D train at 36th Street is accessible at the southern border. Green-Wood Cemetery, a National Historic Landmark with rolling hills and 19th-century monuments, is the neighborhood's defining landscape feature.
View Full Market ReportJamaica is a major commercial and transportation hub in central Queens, featuring a mix of prewar apartment buildings, new construction condominiums, and single-family homes radiating from the Jamaica Center transit hub. The E/J/Z trains, LIRR Jamaica station, and AirTrain JFK converge here, making it one of the best-connected neighborhoods in the city. The downtown area is undergoing significant new residential and commercial development.
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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