Long Island City recorded 9 closed sales in the last 30 days at a median close price of $1.26M. Active inventory stands at 173 listings with a median asking price of $1.11M ($1,585/sqft). Condos dominate at 97% of inventory. 27.2% price reductions among active listings. 1 new listing hit the market this week, while 157 properties are under contract. At current absorption rates, Long Island City has approximately 19.2 months of supply, making it a buyer's market. As a Long Island City specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Long Island City, call me at (917) 416-7433 for a personalized market analysis.
Long Island City Market Report July 2026: $1.11M Median
Milton Coste
Live from REBNY/RLS
July 30, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
173
Active Listings
$1.11M
Median Asking
9
Sold (30 Days)
19.2
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 173 |
| Pending Sales | 157 |
| Median Asking Price | $1.11M |
| Median Price/Sqft | $1,585 |
| Avg Days on Market | N/A |
| New This Week | 1 |
| Price Reduced | 47 (27.2%) |
| Sold (Last 30 Days) | 9 |
| Sold (Last 90 Days) | 24 |
| Median Sale Price (90d) | $1.26M |
| Sale-to-List Ratio | 99.1% |
| Months of Supply | 19.2 (buyer's market) |
Property Mix
Condo 97% (167)
Co-op 0% (0)
Condop 2% (3)
Recent Transactions
|
27-28 THOMSON Avenue #226, Apt 226 | $1,300,000 | 1 BR | Jul 20, 2026 |
|
22-43 Jackson Avenue #5-F, Apt 5-F | $1,250,000 | 2 BR | Jul 17, 2026 |
|
11-52 44th Drive #2-C, Apt 2-C | $795,000 | 1 BR | Jul 17, 2026 |
|
24-16 Queens Plaza #9-B, Apt 9-B | $1,100,000 | 2 BR | Jul 17, 2026 |
|
40-21 27th Street #3W, Apt 3W | $1,350,000 | 2 BR | Jul 1, 2026 |
|
11-25 45th Avenue #5-E, Apt 5-E | $1,050,000 | 1 BR | Jul 9, 2026 |
|
27-28 THOMSON Avenue #514, Apt 514 | $2,125,000 | 2 BR | Jul 8, 2026 |
|
21-30 45th Road #1, Apt 1 | $875,000 | Studio | Jul 1, 2026 |
|
5-25 47th Road #2A, Apt 2A | $1,575,000 | 2 BR | Jul 1, 2026 |
Rental Market
4
Closed Rentals (30 Days)
$3,802/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | Limited data | Limited data | Limited data |
| 2 BR | Limited data | Limited data | Limited data |
Based on 4 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
13-11 JACKSON Avenue #8D, Apt 8D | $4,150/mo | 1 BR | Jul 15, 2026 |
|
44-15 Purves Street #9-D, Apt 9-D | $3,400/mo | 1 BR | Jul 8, 2026 |
|
22-44 Jackson Avenue #1710, Apt 1710 | $3,453/mo | Studio | Jul 2, 2026 |
|
3 Court Square #2805, Apt 2805 | $6,300/mo | 2 BR | Jul 6, 2026 |
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Active Listings in Long Island City
View All
$799,000
37-26 32nd Street #N-4G
1 bed
1 bath
579 sqft
Condo
$750,000
21-30 44TH Drive #7H
Studio
1 bath
404 sqft
Condo
$699,888
24-16 QUEENS Plaza #17E
Studio
1 bath
423 sqft
Condo
$1,135,000
3 Court Square #910
1 bed
1 bath
678 sqft
Condo
$1,088,000
46-30 Center Boulevard #406
1 bed
1 bath
762 sqft
Condo
$2,383,426
3 Court Square #PH-205
2 beds
2 baths
980 sqft
Condo
Data provided by the RLS at REBNY
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.