Real Estate Market Update: Single-Family Homes in Queens, NY (2025)

The Queens real estate scene is always buzzing, but 2025 has brought a new wave of excitement—and a few challenges—for those interested in single-family homes. Whether you’re a first-time buyer, a seasoned investor, or simply keeping an eye on the market, here’s what you need to know about what’s happening in this vibrant New York borough.

Price Trends: Steady Growth Amid Shifting Demand

Single-family home prices in Queens have continued their steady climb, with the median price now hovering around $850,000. While this marks a moderate increase from last year, the pace has softened compared to the pandemic-fueled surges of 2021 and 2022. Bidding wars are less frequent, giving buyers a bit more breathing room.

Neighborhoods like Forest Hills and Bayside remain popular, with charming homes and access to parks and transit. Meanwhile, areas such as Jamaica and Flushing are seeing increased interest due to new amenities and improved infrastructure.

New Regulations & Market Shifts

In 2025, new zoning updates have made it easier for homeowners to add accessory dwelling units (ADUs), such as basement apartments or backyard cottages. This has created more options for multi-generational living or rental income, making single-family homes even more attractive.

There’s also a renewed focus on sustainable building, with incentives for energy-efficient upgrades. Buyers should look for homes with updated insulation, solar panels, or smart thermostats to save on utility bills and qualify for tax breaks.

Tips for Buyers: Navigating Today’s Market

• Get pre-approved: Sellers favor buyers who have mortgage pre-approval, as it signals serious intent and financial readiness.
• Work with a local agent: Queens is a patchwork of neighborhoods, each with its own vibe and price point. A knowledgeable agent can help you find hidden gems and negotiate effectively.
• Consider future value: Look for homes near planned developments, new schools, or transit expansions, as these areas often see faster appreciation.

What’s Driving the Market?

Queens continues to attract buyers seeking a balance of city access and suburban comfort. The borough’s diverse communities, excellent food scene, and proximity to Manhattan make it a perennial favorite. Recent investments in public transportation and green spaces are also drawing in new residents.

While competition isn’t as fierce as in previous years, well-priced single-family homes in desirable neighborhoods still move quickly. Staying informed and being ready to act can make all the difference.

Thinking of making a move or just want to chat about the Queens market? Reach out anytime—I’m here to help you navigate every step of your real estate journey!