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25+ years experience · 1,000+ transactions · 5-star reviews
Queens · New York, NY
12 active listings · Median $548K
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A rental-heavy submarket with softening rents and rising sale prices.
Median asking rent in Jamaica is $2,840/month, $285 below the 5-year high set in Feb 2025. Rents are down -9.1% year over year and +42.0% over the past 5 years. Median sale price stands at $548K, 32.8% below the 5-year high recorded in Jan 2026. Sale prices are up +4.3% year over 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 Mar 2026.
Jamaica is a major commercial and transportation hub in central Queens, featuring a mix of prewar apartment buildings, new construction condominiums, and single-family homes radiating from the Jamaica Center transit hub. The E/J/Z trains, LIRR Jamaica station, and AirTrain JFK converge here, making ...
Stations: Bus service available
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Properties in Jamaica
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 last updated: 1/1/1970.
Experience across NYC
Transactions closed
Active in Queens
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 Jamaica buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."
"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."
A 2-4 unit building in the Bronx or Queens can generate positive cash flow while you live in one unit. Here's how in 2026.
You can still buy in NYC for under $500K. Here are the neighborhoods, property types, and strategies that get you the most value in 2026.
NYC has just 22,366 homes for sale in 2026, a 28-year low. Rent stabilization, seller lock-in, and estate holdings are the three structural causes driving the shortage.
A 2-4 unit building in the Bronx or Queens can generate positive cash flow while you live in one unit. Here's how in 2026.
You can still buy in NYC for under $500K. Here are the neighborhoods, property types, and strategies that get you the most value in 2026.
NYC has just 22,366 homes for sale in 2026, a 28-year low. Rent stabilization, seller lock-in, and estate holdings are the three structural causes driving the shortage.
The median sale price in Jamaica is $548K. Sale prices are up 4.3% year over year.
No. The median sale price in Jamaica is currently 32.8% below the 5-year high recorded in January 2026. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Roughly 12 homes change hands each month in Jamaica 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 Jamaica is $2,840/month. Live RLS listings show 1-bedrooms at $3,284, 2-bedrooms at $3,410, 3+ bedrooms at $3,753 per month. Rents are down 9.1% year over year.
Median asking rent in Jamaica is currently $285 below the 5-year high set in February 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Jamaica has risen 42.0% 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 Jamaica, median sale prices range across Jamaica Estates at $1.1M, St. Albans at $737K, Jamaica Hills at $456K, Briarwood 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.
Jamaica is served by the Bus service. The commute to Midtown Manhattan runs roughly 163 minutes from Nearest bus stop.
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 Jamaica, 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 across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].
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Licensed Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Jamaica, I will guide you every step of the way.
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