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25+ years experience · 1,000+ transactions · 5-star reviews
Queens · New York, NY
19 active listings · Median $365K
Calculating market narrative...
A condo-dominant submarket with rents at the 5-year high and sale values below the 5-year high.
Median asking rent in Rego Park sits at $3,150/month, matching the 5-year high. Rents are up +14.5% year over year and +57.9% over the past 5 years. Median sale price stands at $365K, 33.0% below the 5-year high recorded in May 2025. Sale prices are down -4.1% year over year. Sale listings are clearing 12 days faster 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 Mar 2026.
Rego Park is a highly convenient and residential Queens neighborhood known for its exceptional shopping and varied housing options. Home to major retail centers like Rego Center, the area offers a practical and comfortable urban lifestyle. The real estate market is characterized by a mix of spacious...
| Borough | Queens |
| Zip Code | 11374 |
| Subway | Bus service |
| Building Types | Pre-war buildings, Co-ops, Condos |
Stations: Bus service available
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Based on active listings in Rego Park
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Properties in Rego Park
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.
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 Rego Park 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."
Brooklyn median prices run 30-50% higher than Queens for comparable apartments. Here is where first-time buyers get the most value in each borough.
Brooklyn median prices run 30-50% higher than Queens for comparable apartments. Here is where first-time buyers get the most value in each borough.
Sale listings that came on the market in the last 7 days.
Homes in Rego Park take a median 64 days to sell. Source: StreetEasy market data.
61-25 98th Street #9F
Rego Park
A 690 sq ft co-op in Rego Park.
62-54 97TH Place #9M
Rego Park
A 550 sq ft condo in Rego Park.
The median sale price in Rego Park is $365K. Condos sit at a median of $480K and co-ops at $355K. Sale prices are down 4.1% year over year.
No. The median sale price in Rego Park is currently 33.0% below the 5-year high recorded in May 2025. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Rego Park have a median of 64 days on market. That is 12 days faster than the same point a year ago. Roughly 10.3% of active listings have recorded a price cut, suggesting some negotiating room.
Rego Park is broadly balanced right now, with median days on market at 64 days and 10.3% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Rego Park offers both co-ops and condos. Condos are the higher-priced segment at a $480K median, with co-ops at $355K.
Roughly 23 homes change hands each month in Rego Park 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 Rego Park is $3,150/month. Live RLS listings show 1-bedrooms at $2,835, 2-bedrooms at $3,727 per month. Rents are up 14.5% year over year.
Yes. The median asking rent in Rego Park is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.
Median asking rent in Rego Park has risen 57.9% 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 Rego Park, median sale prices range across Middle Village at $910K, Corona at $819K, Forest Hills at $615K, Elmhurst at $490K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Rego Park is served by the Bus service. The commute to Midtown Manhattan runs roughly 99 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 Rego Park, 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 Real Estate 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 Rego Park, I will guide you every step of the way.
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