Queens · New York, NY
12 active listings · Median $455K
Calculating market narrative...
A condo-dominant submarket with sale values below the 5-year high and sale listings sitting longer than a year ago.
Median asking rent in Elmhurst is $2,599/month, $101 below the 5-year high set in Apr 2025. Median sale price stands at $455K, 50.3% below the 5-year high recorded in Dec 2025. Sale prices are down -17.0% year over year. Sale listings are clearing 59 days slower than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Sep 2026.
Elmhurst is a dynamic and bustling neighborhood in central 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 ...
In my 25+ years selling real estate across New York City, I use this Elmhurst data in real negotiations, not just for a web page.
| Borough | Queens |
| Zip Code | 11373 |
| Subway | Bus service |
| Building Types | Pre-war buildings, Co-ops, Condos |
Stations: Bus service available
Midtown: 33 min (7 express from Jackson Heights)
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
Elmhurst draws investor and owner-occupant buyers with lower price points. Transit access and commercial corridor improvements support buyer interest in residential development opportunities.
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Elmhurst has 12 active listings for sale on the RLS/REBNY feed.
| Inventory & Activity | |
| Active Listings | 12 |
| Pending Sales | 4 |
| New This Week | 0 |
| New This Month | 2 |
| Avg DOM | 123 days |
| Price Cut Rate | 5.8% |
| Recent Sales | |
| Sold Last 30 Days | 1 |
| Sold Last 90 Days | 1 |
| Sale-to-List | 93.0% |
| Asking Prices | |
| Median Asking | $455,000 |
| Average Asking | $613,167 |
| Median $/SqFt | $659 |
| Median Condo Ask | $455,000 |
| Median Co-op Ask | $345,000 |
Based on active listings in Elmhurst
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 1 | too few | $250K - $250K |
| 1 Bedroom | 5 | $395,000 | $320K - $669K |
| 2 Bedrooms | 5 | $599,000 | $499K - $1.85M |
| 3+ Bedrooms | 1 | too few | $700K - $700K |
View active listings by size:
Properties in Elmhurst
REBNY/RLS Disclaimer: 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 is refreshed every 15 minutes per REBNY IDX requirements.
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Transactions in Elmhurst
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Elmhurst buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
Milton did a great job at helping me find my coop apartment that was the perfect fit for me. He explored the possibilities with the tours, gave me the information needed to know if I qualified for a mortgage and gave his experience with negotiating a price that I was comfortable with. He is personable, experienced and professional. I felt like I was being led in the right direction and I was. I would recommend his real estate services whole heartedly. Great experience with Milton!
Milton did an indispensable job assisting us with renting our condominium unit. As a first-time renter in NYC, I couldn’t have done it without Milton’s expertise and help. He was professional and communicative, and he really supported us through every step of the way, from the first tour to lease-signing to move-in. I mean this especially for the condo application process, which I had no experience with and which Milton took the time to guide us with, like compiling and informing us of exactly what materials we needed, what the timeline was gonna look like, walking us through the application site, letting us know about anything we missed filling out, etc. Super recommend Milton as your broker.
Quarterly report
Queens Market Report, 3Q 2026
$775,000 median sale price. Download the full report
NYC cap rates range from 3.2% in Manhattan to 6.1% in the Bronx. Here's where the ROI numbers work for investors in 2026.
Elmhurst co-ops sell at a median near $300,000 with condos around $670,000, and units move in about 46 days. Here is what 2026 looks like.
Sub-$500K apartments in NYC are mostly co-ops, and Inwood's co-op median is $355,000. Where the inventory sits and what changes at that price.
Over 30% of NYC homebuyers speak a primary language other than English. A bilingual agent can mean the difference between closing and losing a deal.
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
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Elmhurst has 12 active listings for sale on the RLS/REBNY feed right now. Of those that list a bedroom count: 1 studio, 5 one-bedrooms, 5 two-bedrooms and 1 with three or more bedrooms.
Across the 5 two-bedroom apartments listed for sale in Elmhurst, the median asking price is $599,000, with asking prices from $499,000 to $1,850,000. These are RLS/REBNY asking prices, not closing prices.
The median sale price in Elmhurst is $455K. Condos sit at a median of $455K and co-ops at $345K. Sale prices are down 17.0% year over year.
No. The median sale price in Elmhurst is currently 50.3% below the 5-year high recorded in December 2025. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Elmhurst have a median of 123 days on market (the time from listing to a signed contract, per StreetEasy). That is 59 days slower than the same point a year ago. Only 5.8% of active listings have a price cut on record, signaling tight pricing.
Elmhurst is broadly balanced right now, with median days on market at 123 days and 5.8% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Elmhurst offers both co-ops and condos. Condos are the higher-priced segment at a $455K median, with co-ops at $345K.
Roughly 9 homes change hands each month in Elmhurst across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Elmhurst is $2,599/month. Live RLS listings show studios at $2,169, 1-bedrooms at $2,100, 2-bedrooms at $3,100, 3+ bedrooms at $3,700 per month.
Median asking rent in Elmhurst is currently $101 below the 5-year high set in April 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Elmhurst has risen 29.9% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Elmhurst, median sale prices range across Middle Village at $860K, Corona at $405K, Jackson Heights at $340K, Rego Park at $325K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Elmhurst is served by the Bus service. The commute to Midtown Manhattan runs roughly 33 minutes from Jackson Heights.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Elmhurst, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience and 1,100+ NYC property transactions across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals, and he works in English and Spanish. Direct: (917) 416-7433. Email: [email protected].
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and 1,100+ transactions across NYC. Whether you are buying, selling, or leasing in Elmhurst, I will guide you every step of the way.
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