Queens County, New York Housing Market Prices
Queens County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 44% above the New York median Among the 5 most expensive counties in New York$678,074
-
Median rent 21% above the New York median Among the 5 most expensive counties in New York$1,955
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Queens County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $678,074 | $471,885 | $248,835 |
| Price Trend (Annual %) | 5.1% | 7.1% | 7.5% |
| Median Gross Rent | $1,955 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Queens County is about 44% higher than in New York. Rent is about 21% higher than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Queens County, up about 5.1% and 4.3% a year respectively. Home prices are changing faster.
Median rent in Queens County rose about 43.1% between 2015 and 2024, from $1,366 to $1,955. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 7.8 yearly household incomes in Queens County.
Buying the median-priced home in Queens County costs roughly 28.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Queens County. The price-to-rent ratio in New York is about 24.3.
| Metric | Queens County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $678,074 | $471,885 | $248,835 |
| Median Household Income | $86,773 | $86,556 | $80,455 |
| Price-to-Income Ratio | 7.8 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Queens County rose about 51.0%, while median household income rose about 52.6% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Queens County | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 41.5% | 48.8% | 58.5% |
| Rental Rate | 50.9% | 41.1% | 31.2% |
| Vacancy Rate | 7.6% | 10.1% | 10.2% |
| Median Tenure (years) | 16.0 | 17.0 | 15.0 |
| Median Year Moved In | 2010 | 2009 | 2011 |
Queens County has a homeownership rate of 41.5%, lower than the New York average of 48.8%. Its housing vacancy rate is 7.6%, compared with 10.1% in New York.
Housing Stock
| Metric | Queens County | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.72 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1955 | 1960 | 1978 |
| Median Number of Rooms | 4.3 | 5.0 | 5.5 |
The typical housing unit in Queens County was built around 1955. On average, 2.7 people live in a home with about 4.3 rooms, staying for about 16.0 years on average.
Queens County, NY Housing Compared With Nearby Counties
Queens County, NY is the 2nd largest of the 6 counties compared here, 2,320,290 residents against a local median of 1,403,126. The measure that sets Queens County, NY apart most is homeownership: 44.9%, 52% above the local median of 29.5%. That is the better end of the local range on this measure.
The counties themselves spread 61.9% on homeownership, so Queens County, NY sits at one end of an already wide local range rather than apart from it. Queens County, NY has the 2nd highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Queens County, NY | 2,320,290 | $678,074 #3/6 | $1,955 #3/6 | 44.9% #2/6 |
| Kings County, NY | 2,630,245 | $977,210 | $1,832 | 29.5% |
| New York County, NY | 1,628,057 | $1,358,349 | $2,197 | 25.1% |
| Bronx County, NY | 1,403,126 | $302,664 | $1,457 | 20.1% |
| Hudson County, NJ | 717,070 | $432,092 | $1,892 | 30.7% |
| Nassau County, NY | 1,389,398 | $605,757 | $2,252 | 82.0% |
Frequently Asked Questions
Common questions about the housing market in Queens County, New York.
What is the median home price in Queens County, New York?
The median home price in Queens County, New York is $678,074, higher than the New York average of $471,885.
What is the average home price in Queens County, New York?
The typical home price in Queens County, New York, reported as the median sale price, is $678,074. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Queens County, New York?
The median gross rent in Queens County, New York is $1,955 per month, higher than the New York average of $1,621.
What was the median gross rent in Queens County in 2020?
In 2020, the median gross rent in Queens County, New York was $1,629 per month.
What is the price-to-rent ratio in Queens County, New York?
The price-to-rent ratio in Queens County, New York is about 28.9, meaning it would take roughly 28.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Queens County.
Are home prices or rent rising faster in Queens County, New York?
Both home prices and rent are rising in Queens County, up about 5.1% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Queens County, New York?
41.5% of households in Queens County, New York own their home, lower than the New York average of 48.8%.
What is the vacancy rate in Queens County, New York?
The housing vacancy rate in Queens County, New York is 7.6%, lower than the New York average of 10.1%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →