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NYC Neighborhood Comparison
Queens
Bronx
For buyers focused on affordability, Norwood has the lower median sale price at $165K vs $580K in Jackson Heights.
Investors analyzing rental yield will find Norwood offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Jackson Heights, which is served by 5 subway lines compared to 0 in Norwood.
| Metric | Jackson Heights | Norwood |
|---|---|---|
| Median Sale Price | $580,000 | $165,000 |
| Median Condo Price | $550,000 | $475,000 |
| Median Co-op Price | $389,000 | $130,000 |
| Median Rent | $2,875 | $1,850 |
| Active Listings | 222 | 12 |
| Rental Inventory | 112 | 9 |
| Days on Market | 47 | 142 |
| Price Cut Share | 9.9% | 8.3% |
| Monthly Sales Volume | 28 | 3 |
| YoY Price Change | +30.3% | +13.8% |
| YoY Rent Change | +15.2% | -7.3% |
| YoY Inventory Change | -2.2% | +71.4% |
| Subway Lines | 7 E F M R | N/A |
Prices in Jackson Heights moved +30.3% over the past year, compared to +13.8% in Norwood. The +30.3% gain in Jackson Heights reflects stronger buyer demand relative to available inventory in that market.
Jackson Heights is a landmarked planned community originally built in the early 1900s, featuring prewar garden cooperatives with interior courtyards that are listed on the National Register of Historic Places. Approximately 80% of the housing stock consists of co-ops, with the remainder split among attached single-family homes, multi-family row houses, and detached residences, all served by the 7, E, F, M, and R trains at the Roosevelt Avenue hub. Travers Park provides green space, and the commercial corridors along Roosevelt Avenue and 37th Avenue anchor the neighborhood's retail activity.
View Full Market ReportNorwood features a dense residential grid of five- and six-story prewar apartment buildings in Art Deco, Tudor Revival, and neo-Renaissance styles, alongside brick rowhomes and tree-lined side streets in the north-central Bronx. The D train at Norwood-205th Street and the 4 train at Mosholu Parkway provide express service to Manhattan. The neighborhood is framed by Van Cortlandt Park to the north, the New York Botanical Garden to the east, and the landscaped Mosholu Parkway connecting them.
View Full Market ReportJackson Heights (7 E F M R) — 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 is refreshed every 15 minutes per REBNY IDX requirements.
From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Jackson Heights and Norwood both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.
Outer-borough submarkets including Jackson Heights and Norwood generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.
Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.
| Metric (2026) | Jackson Heights | Norwood |
|---|---|---|
| Median Sale Price | $580,000 | $165,000 |
| Median Rent | $2,875/mo | $1,850/mo |
| Year-over-Year Price Change | +30.3% | +13.8% |
| Average Days on Market | 47 days | 142 days |
| Distance to Nearest Subway | 0.71 mi | N/A |
Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.
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Data updated:
