Queens & Nassau County Real Estate Market Update: What Home Buyers and Sellers Need to Know This Summer

A Look at the Latest Housing Trends in Queens and Nassau County—and What They Mean for Your Next Move

By Helen Keit, CSA, SRES®
Broker | Certified Senior Advisor | Seniors Real Estate Specialist

Is Now a Good Time to Buy or Sell a Home in Queens or Nassau County?

Whether you’re thinking about selling your current home, buying your next one, or planning a move in the coming months, one question is probably at the top of your mind:

“What’s really happening in the market?”

Headlines often paint a broad picture of the housing market, but real estate is local. Conditions can vary dramatically from one neighborhood to the next—and even from one block to another.

The good news? Both Queens and Nassau County continue to show remarkable resilience. While the market has become more balanced than it was during the pandemic frenzy, well-priced homes in desirable locations continue to attract strong buyer interest, and homeowners are still benefiting from significant equity gains.

For homeowners considering selling—especially those planning to downsize, relocate, or purchase another home—understanding today’s market can help you make informed decisions with confidence.

Queens Real Estate Market: Sellers Still Have the Advantage

The Queens housing market remains firmly in seller’s market territory, with inventory continuing to sit below historical norms.

Single-family homes and well-maintained two-family properties remain especially desirable, creating opportunities for sellers who have been waiting for the right time to list.

While buyers today are more selective than they were a few years ago, demand for quality homes remains strong.

Home Prices Continue to Appreciate

Many Queens neighborhoods continue to experience healthy appreciation, with annual home values increasing approximately 4% to 6%.

Communities seeing particularly strong buyer demand include:

Bayside
Whitestone
Douglaston
Fresh Meadows
Forest Hills
Middle Village

These neighborhoods continue to attract buyers because of their schools, transportation options, neighborhood amenities, and quality housing stock.

Move-In Ready Homes Continue to Command Premium Prices

One of the biggest trends we’re seeing is the widening gap between move-in-ready homes and properties needing significant renovations.

Homes that are professionally prepared, priced strategically, and marketed effectively continue to:

Receive multiple offers
Sell quickly
Command stronger prices
Attract motivated buyers

Meanwhile, homes requiring extensive repairs or modernization are taking longer to sell as buyers weigh renovation costs alongside today’s mortgage rates.

This makes preparation before listing more important than ever.

If you’re wondering whether certain improvements are worth making before selling, our article “How Do You Know When It’s Time to Move?” can help you think through your options.

Nassau County Continues to Be One of the Strongest Markets in the Northeast

Nassau County remains one of the region’s strongest housing markets.

Despite elevated mortgage rates, demand continues to outpace supply in many communities.

June 2026 Market Highlights

Median single-family home price: Approximately $890,000—a record high and roughly 10% higher than one year ago
Three-month median sale price: Approximately $847,000, representing a 7.5% year-over-year increase
Median listing price: Approximately $959,000

These numbers demonstrate that homeowners continue to build substantial equity while buyer demand remains healthy.

*as per ONE KEY MLS

Inventory Is Improving—But Sellers Still Maintain Leverage

One encouraging development for both buyers and sellers is the gradual increase in available inventory.

Active listings increased to approximately 2,655 homes during June.

While that’s an improvement over earlier this year, inventory remains below what economists consider a balanced housing market.

For sellers, this means:

Less competition than historical averages
Strong buyer demand
Excellent opportunities when homes are priced correctly

For buyers, the increase in inventory provides more choices without completely eliminating competition.

Buyers Are More Selective—But They’re Still Buying

Higher mortgage rates have certainly changed buyer behavior.

Today’s buyers are taking more time to compare homes, evaluate condition, and consider long-term affordability.

However, one thing hasn’t changed:

Great homes continue to sell quickly.

Homes located in desirable school districts, priced appropriately, and presented well often receive multiple offers—and in many cases still sell at or above asking price.

This is why pricing strategy has become one of the most important decisions a seller can make.

Curious What Your Home Could Be Worth?

Every neighborhood—and every home—is unique. A professional valuation provides a much clearer picture than an online estimate.

👉 Get Your Free Home Value Estimate

What This Market Means for Sellers

If you’ve been considering selling your home, today’s market continues to present excellent opportunities.

Although buyers are more selective than they were during the height of the pandemic market, demand remains healthy for homes that are:

Properly priced
Professionally marketed
Well prepared
Expertly negotiated

Simply listing a home is no longer enough.

Today’s market rewards preparation and strategy.

What This Market Means for Buyers

Buyers today may have slightly more negotiating power than they did a few years ago, but desirable homes still require quick decision-making.

The strongest buyers continue to:

Obtain mortgage pre-approval before searching
Understand neighborhood market conditions
Move quickly when the right property becomes available
Work with experienced professionals who can negotiate effectively

Great News for Move-Up Buyers

One of the most encouraging developments in today’s market is for homeowners who need to sell one home before purchasing another.

As inventory gradually increases, more homeowners are finding suitable replacement properties while still benefiting from strong resale values.

This creates opportunities that simply didn’t exist when inventory reached historic lows.

If you’re considering selling your current home while purchasing another, you may also find our guide “How Do You Sell Your Current Home and Buy Your Next One at the Same Time?” especially helpful.

Why Experience Matters More Than Ever

Today’s housing market isn’t simply about whether it’s a buyer’s market or a seller’s market.

It’s about execution.

As conditions become more balanced, pricing strategy, professional marketing, negotiation, and transaction management become increasingly important.

At the Keit Team, we believe:

“While the market is becoming more balanced, experience matters more than ever. Proper pricing, strategic marketing, and skilled negotiation are helping our clients achieve outstanding results throughout Queens and Nassau County.”

That’s especially true for homeowners over 50, who often have substantial home equity but need guidance coordinating the sale of their current home with the purchase of their next one.

Whether you’re downsizing, relocating, or planning for retirement, having a trusted advisor can help make the process significantly less stressful.

If you’re planning your next chapter, you may also enjoy reading “Where Will You Feel Most at Home in the Years Ahead? How to Plan for Aging in Place, Downsizing, or a Future Move.”

Frequently Asked Questions

Is it still a good time to sell a home in Queens?

Yes. Inventory remains below historical averages, and well-priced homes continue to attract strong buyer interest—particularly single-family homes and desirable two-family properties.

Are home prices still increasing in Nassau County?

Yes. As of June 2026, median single-family home prices reached approximately $890,000, representing roughly a 10% increase compared to the previous year.

Are buyers still making multiple offers?

Yes. Move-in-ready homes in desirable neighborhoods and school districts frequently receive multiple offers, particularly when priced appropriately.

Is inventory improving?

Inventory has increased modestly, giving buyers more options while still allowing sellers to benefit from favorable market conditions.

Should I buy before selling my current home?

Every situation is unique. Many homeowners are successfully coordinating both transactions with careful planning and expert guidance.

Ready to Make Your Next Move?

Whether you’re considering selling, buying, downsizing, relocating, or simply exploring your options, understanding today’s market is the first step toward making confident decisions.

At the Keit Team, we’re committed to helping homeowners throughout Queens, Nassau County, Long Island, Brooklyn, and the greater New York City area navigate today’s market with trusted advice, proven strategies, and personalized service.

Wondering what your home could sell for in today’s market?