Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Jamaica Estates

Queens · New York, NY

2 active listings · Median $1.1M

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Market Pulse — Jamaica Estates

What defines this market

A primarily co-op submarket with softening rents and sale values below the 5-year high.

Best for

value buyersco-op-friendly

Median asking rent in Jamaica Estates is $2,250/month, $520 below the 5-year high set in May 2025. Rents are down -11.8% year over year and +18.1% over the past 5 years. Median sale price stands at $1.09M, 23.2% below the 5-year high recorded in Nov 2025. Sale prices are down -9.3% year over year.

Rental snapshot

  • Median asking rent: $2,250/month ($520 below the 5-year high in May 2025)
  • Year-over-year rent change: -11.8%
  • 5-year rent change: +18.1%
  • Active rental listings: 21

For-sale snapshot

  • Median sale price: $1.09M (23.2% below the 5-year high in Nov 2025)
  • Year-over-year sale price change: -9.3%
  • Median days on market (sale): 67 days
  • Active for-sale listings: 19 (+35.7% YoY)
  • Active listings with a price cut: 21.1%
  • Recent monthly closed sales: 5

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.

About Jamaica Estates

Jamaica Estates is a residential Queens neighborhood of large Tudor, Colonial, and Mediterranean-style homes on winding tree-lined streets along the hills of the terminal moraine. The F train at Hillside Avenue and the LIRR at Jamaica station are accessible by bus. The Grand Central Parkway borders ...

Quick Facts

BoroughQueens
Zip Code11432
SubwayBus service
Building TypesMixed

Transit, Schools & Commute

Subway Lines:

Stations: Bus service available


Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
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-9.3% YoY
Median Rent
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-11.8% YoY
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Price by Bedroom

Based on active listings in Jamaica Estates

TypeActive ListingsMedian PricePrice Range
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Active Listings

Properties in Jamaica Estates

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.

Nearby Neighborhoods

Jamaica Estates Property Type Pages

Why Work With Milton in Jamaica Estates

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

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 Estates buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

"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."

JR
Verified Buyer
Google Review

"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."

MC
Verified Seller
Zillow Review

Map

Frequently Asked Questions about Jamaica Estates

The median sale price in Jamaica Estates is $1.1M. Co-op sales make up the bulk of activity, with a median of $186K. Sale prices are down 9.3% year over year.

No. The median sale price in Jamaica Estates is currently 23.2% below the 5-year high recorded in November 2025. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in Jamaica Estates have a median of 67 days on market. Roughly 21.1% of active listings have recorded a price cut, suggesting some negotiating room.

Jamaica Estates is broadly balanced right now, with median days on market at 67 days and 21.1% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

Jamaica Estates is primarily a co-op market, with the median sale price at $186K. Condo inventory is limited.

Roughly 5 homes change hands each month in Jamaica Estates 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 Estates is $2,250/month. Rents are down 11.8% year over year.

Median asking rent in Jamaica Estates is currently $520 below the 5-year high set in May 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 Estates has risen 18.1% 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 Estates, median sale prices range across Hillcrest at $1.1M, Hollis at $735K, Jamaica at $548K, Jamaica Hills at $456K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Jamaica Estates 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 Estates, 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].

How I Can Help in Jamaica Estates

Milton Coste, Licensed Associate Broker

Milton Coste

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 Estates, I will guide you every step of the way.

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