Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Rego Park

Queens · New York, NY

16 active listings · Median $315K

$315K
Median Asking
$3,260/mo
Median Rent/Mo
16
Active Listings
48.5
Avg Days on Market

Monthly Snapshot

Live from REBNY/RLS

Calculating market narrative...

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Market Pulse — Rego Park

What defines this market

A condo-dominant submarket with rents at the 5-year high, sale values below the 5-year high, and sale listings clearing quickly.

Common search patterns

first-time buyersinvestorsvalue buyerstight rental market

Median asking rent in Rego Park sits at $3,260/month, matching the 5-year high. Rents are up +18.5% year over year and +55.2% over the past 5 years. Median sale price stands at $315K, 42.2% below the 5-year high recorded in May 2025. Sale prices are down -22.2% year over year. Sale listings are clearing 42 days faster than at this point last year.

Rental snapshot

  • Median asking rent: $3,260/month (at the 5-year high)
  • Year-over-year rent change: +18.5%
  • 5-year rent change: +55.2%
  • Active rental listings: 140

For-sale snapshot

  • Median sale price: $315K (42.2% below the 5-year high in May 2025)
  • Condo vs co-op median: condos $555K / co-ops $275K
  • Year-over-year sale price change: -22.2%
  • Median days on market (sale): 48.5 days (42 days faster than a year ago)
  • Active for-sale listings: 194 (+21.3% YoY)
  • Active listings with a price cut: 14.4%
  • Recent monthly closed sales: 18

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 Jun 2026.

About Rego Park

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...

In my 25+ years selling real estate across New York City, I use this Rego Park data in real negotiations, not just for a web page.

Quick Facts

BoroughQueens
Zip Code11374
SubwayBus service
Building TypesPre-war buildings, Co-ops, Condos

Transit, Schools & Commute

Subway Lines:

Stations: Bus service available


Market Report

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

Median Asking Price
$315,000
-22.2% YoY
Median Rent
$3,260/mo
+18.5% YoY
Price per Sq Ft
$573
Sale-to-List Ratio
97.0%

Price Trends

Median closed sale price by month

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Current Inventory Snapshot

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Inventory & Activity
Active Listings194
Pending Sales10
New This Week1
New This Month3
Avg DOM48.5 days
Price Cut Rate14.4%
Recent Sales
Sold Last 30 Days4
Sold Last 90 Days7
Sale-to-List97.0%
Asking Prices
Median Asking$315,000
Average Asking$497,000
Median $/SqFt$573
Median Condo$555,000
Median Co-op$275,000
Property Mix
Condo: --Co-op: --Other: --

Price by Bedroom

Based on active listings in Rego Park

TypeActive ListingsMedian PricePrice Range
Studio4$313,500$189K - $425K
1 Bedroom4$332,500$299K - $585K
2 Bedrooms7$710,000$460K - $889K
3+ Bedrooms1$585,000$585K - $585K

Active Listings

Properties in Rego Park

No listings currently available. Contact Milton

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.

Nearby Neighborhoods

Rego Park Property Type Pages

Why Work With Milton in Rego Park

25+ years

Experience across NYC

1,000+

Transactions closed

61+

Transactions in Rego Park

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.

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

Related Articles

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Frequently Asked Questions about Rego Park

The median sale price in Rego Park is $315K. Condos sit at a median of $555K and co-ops at $275K. Sale prices are down 22.2% year over year.

No. The median sale price in Rego Park is currently 42.2% 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 48.5 days on market. That is 42 days faster than the same point a year ago. Roughly 14.4% 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 48.5 days and 14.4% 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 $555K median, with co-ops at $275K.

Roughly 18 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 $3,260/month. Live RLS listings show 1-bedrooms at $3,178, 2-bedrooms at $3,727 per month. Rents are up 18.5% 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 55.2% 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 $995K, Corona at $420K, Forest Hills at $365K, Elmhurst at $310K. 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].

How I Can Help in Rego Park

Milton Coste, Licensed Real Estate Associate Broker

Milton Coste

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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