Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Rego Park vs Wakefield

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Queens|Bronx

Rego Park

Queens

Wakefield

Bronx

How They Compare

For buyers focused on affordability, Rego Park has the lower median sale price at $365K vs $699K in Wakefield.

Investors analyzing rental yield will find Rego Park offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$365K
$699K
Median Rent
$3K
$2K
Active Listings
146
9
Avg Days on Market
64 days
0 days
YoY Price Change
-4.1%
+5.5%
Monthly Sales Volume
23
11

Detailed Comparison

MetricRego ParkWakefield
Median Sale Price$365,000$699,000
Median Condo Price$479,755N/A
Median Co-op Price$355,000N/A
Median Rent$3,150$2,200
Active Listings1469
Rental Inventory1675
Days on Market640
Price Cut Share10.3%43.8%
Monthly Sales Volume2311
YoY Price Change-4.1%+5.5%
YoY Rent Change+14.5%+2.3%
YoY Inventory Change+20.7%+50.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Rego Park moved -4.1% over the past year, compared to +5.5% in Wakefield. Wakefield is seeing price appreciation while Rego Park has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

Rego Park

Rego 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.

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Wakefield

Wakefield features a mix of detached single-family Victorian homes and low-rise apartment buildings. Two-family brick houses define the architecture across the residential streets. The area is served by the 2 and 5 subway lines, providing transit access within the northern Bronx.

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Transit Access

Rego Park

No subway data available

Wakefield

No subway data available

Active Listings

Rego Park for sale

View all Rego Park listings

Wakefield for sale

View all Wakefield listings

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.

Frequently Asked Questions

Is Rego Park cheaper than Wakefield?
Yes, Rego Park has a lower median sale price at $365,000 compared to $699,000 in Wakefield as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Rego Park or Wakefield?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Rego Park or Wakefield?
This depends on what type of home fits your household. Rego Park and Wakefield both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Rego Park or Wakefield?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Rego Park and Wakefield gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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