Queens
Queens
| Metric | Ridgewood | Elmhurst |
|---|---|---|
| Median Sale Price | $1,325,000 | $425,000 |
| Median Condo Price | N/A | $555,000 |
| Median Co-op Price | N/A | $335,000 |
| Median Rent | $3,250 | $2,625 |
| Active Listings | 45 | 83 |
| Rental Inventory | 309 | 108 |
| Days on Market | 86.5 | 142.5 |
| Price Cut Share | 8.9% | 9.6% |
| Monthly Sales Volume | 6 | 15 |
| YoY Price Change | +43.2% | -1.7% |
| YoY Rent Change | +1.6% | +19.3% |
| YoY Inventory Change | +95.7% | +36.1% |
| Subway Lines | N/A | N/A |
Ridgewood features orderly blocks of brick and limestone rowhouses, prewar tenements with decorative cornices, and multi-family buildings constructed between 1905 and 1925, making it one of Queens' most architecturally consistent neighborhoods. The M train runs through the heart of the area with stops at Seneca Avenue, Forest Avenue, and Fresh Pond Road, while the L train connects at Myrtle-Wyckoff Avenues. Highland Park and Ridgewood Reservoir border the neighborhood to the south, and the Vander Ende-Onderdonk House, an 18th-century landmark, marks the historic Queens-Brooklyn boundary.
View Full Market ReportElmhurst is a dynamic and bustling neighborhood in the heart of Queens. Known for its incredible culinary scene and bustling commercial corridors, the area offers a high-energy urban lifestyle. The real estate market is characterized by a wide range of housing options, from spacious pre-war cooperatives and traditional multi-family houses to sleek new construction condominiums that provide excellent value and a quick commute to Manhattan and Long Island City.
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