NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Queens
Queens
For buyers focused on affordability, Rego Park has the lower median sale price at $365K vs $1.2M in Long Island City.
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 Long Island City, which is served by 7 subway lines compared to 0 in Rego Park.
| Metric | Long Island City | Rego Park |
|---|---|---|
| Median Sale Price | $1,237,500 | $365,000 |
| Median Condo Price | $1,124,830 | $479,755 |
| Median Co-op Price | N/A | $355,000 |
| Median Rent | $4,500 | $3,150 |
| Active Listings | 252 | 146 |
| Rental Inventory | 942 | 167 |
| Days on Market | 104.5 | 64 |
| Price Cut Share | 7.5% | 10.3% |
| Monthly Sales Volume | 8 | 23 |
| YoY Price Change | +38.6% | -4.1% |
| YoY Rent Change | +3.4% | +14.5% |
| YoY Inventory Change | +56.5% | +20.7% |
| Subway Lines | 7 E G M N R W | N/A |
Prices in Long Island City moved +38.6% over the past year, compared to -4.1% in Rego Park. Long Island City is seeing price appreciation while Rego Park has softened, pointing to different supply-demand dynamics in each market.
Long Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.
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 ReportHunters Point Av (7) — 0.2 mi
Court Sq (7 E G M) — 0.2 mi
Long Island City (E G M R) — 0.6 mi
Queensboro Plaza (7 N W) — 0.6 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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