Manhattan
Queens
For buyers focused on affordability, Rego Park has the lower median sale price at $365K vs $1.1M in Manhattan.
Investors analyzing rental yield will find Rego Park offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Manhattan, which is served by 5 subway lines compared to 0 in Rego Park.
| Metric | Manhattan | Rego Park |
|---|---|---|
| Median Sale Price | $1,129,900 | $365,000 |
| Median Condo Price | $1,550,000 | $479,755 |
| Median Co-op Price | $865,000 | $355,000 |
| Median Rent | $4,750 | $3,150 |
| Active Listings | 7987 | 146 |
| Rental Inventory | 13608 | 167 |
| Days on Market | 64 | 64 |
| Price Cut Share | 11.7% | 10.3% |
| Monthly Sales Volume | 758 | 23 |
| YoY Price Change | +2.7% | -4.1% |
| YoY Rent Change | +7.5% | +14.5% |
| YoY Inventory Change | -0.5% | +20.7% |
| Subway Lines | 1 2 3 B C | N/A |
Prices in Manhattan moved +2.7% over the past year, compared to -4.1% in Rego Park. Manhattan is seeing price appreciation while Rego Park has softened, pointing to different supply-demand dynamics in each market.
Manhattan is the most densely built borough in New York City, stretching 13 miles from Battery Park to Inwood and encompassing over 70 distinct neighborhoods. The housing stock ranges from prewar co-ops on the Upper East Side to luxury glass-tower condominiums in Hudson Yards, from cast-iron loft conversions in SoHo to brownstone townhouses in Harlem. Fourteen subway lines, the PATH train, and multiple ferry routes provide extensive transit coverage.
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 Report81 St-Museum of Natural History (B C) — 0.1 mi
86 St (1 B C) — 0.2 mi
79 St (1) — 0.5 mi
72 St (1 2 3 B C) — 0.5 mi
96 St (1 2 3 B C) — 0.7 mi
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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