HomeQueens Market ReportLong Island City
LONG ISLAND CITY, QUEENS · NOVEMBER 2026

What are homes like yours selling for in Long Island City?

Illustration of a waterfront promenade with gantry structures and modern towers in Long Island City, Queens.

Home prices and trends

Choose your property type.

Single-family median sale price

$1.5M
6 sales over 12 months

Quarterly trend

QuarterMedian priceSales
Q4 2025—0
Q1 2026$1.3M4
Q2 2026$1.6M1
Q3 2026$2.0M1

Multifamily median sale price

$1.9M
35 sales over 12 months

Quarterly trend

QuarterMedian priceSales
Q4 2025$2.0M9
Q1 2026$2.5M7
Q2 2026$1.8M9
Q3 2026$2.0M10

Condos median sale price

$1.1M
341 sales over 12 months

Quarterly trend

QuarterMedian priceSales
Q4 2025$1.1M75
Q1 2026$1.2M77
Q2 2026$1.3M53
Q3 2026$1.1M136

Co-ops median sale price

$675,000
21 sales over 12 months

Quarterly trend

QuarterMedian priceSales
Q4 2025$565,0007
Q1 2026$787,5004
Q2 2026$675,0005
Q3 2026$640,0005
How we calculated these figures

Data source: NYC Department of Finance — Queens recorded sales, rolling and annualized transaction-level files. Period: October 2025 – September 2026. Excludes nominal transfers ($10,000 or less), non-residential classes, and flagged bulk transactions. Last updated: November 2026.

403 qualifying sales. Median price per square foot: $637, using eligible sales with reported gross square footage and excluding building class 11. Rolling sales · Annualized sales

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Busiest closing months

August58 sales
September52 sales
December43 sales

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Questions about selling in Long Island City

How much does a home cost in Long Island City, Queens?

Based on NYC Department of Finance public records (October 2025 – September 2026), median sale prices in Long Island City vary by property type. Co-op Apartments: $675,000 (21 sales). Single-Family Homes: $1.5M (6 sales). Condominiums: $1.1M (341 sales). Multifamily: $1.9M (35 sales). These figures reflect recorded transactions, not just MLS listings.

What is the real estate market like in Long Island City right now?

The Long Island City market recorded 403 residential sales over the past 12 months according to NYC public records. The median price per square foot is $637. The median building was built in 2018. A free strategy call can put these figures in context for your property.

When is the best time to sell a home in Long Island City?

The busiest closing months in this report were Aug, Sep, Dec. City records give the closing date. To choose a listing date, compare competing listings and work back from your preferred move date.

What types of homes are in Long Island City?

Over the past 12 months, Condominiums accounted for 84.6% of sales, Co-op Apartments accounted for 5.2% of sales, Other Residential accounted for 3.5% of sales, Two-Family Homes accounted for 3.0% of sales, Three-Family Homes accounted for 2.2% of sales, Single-Family Homes accounted for 1.5% of sales. The median year built is 2018.

How long does it take to sell a home in Long Island City?

City sale records give the closing date. Compare recent listings for similar properties to see how long they took to go into contract. Allow time for financing, title work, and any required board approval.

Do I need a real estate agent to sell in Long Island City?

You can sell your home yourself or hire a broker. Schedule a free valuation call with Justin for help with pricing, marketing, and negotiating offers.

Long Island City at a glance

Long Island City (LIC) is a neighborhood in the western tip of Queens, bordered by Astoria to the north, Sunnyside and Woodside to the east, Maspeth to the southeast, and the East River to the west.

Read more about Long Island City

Once one of the largest industrial districts in New York City, LIC has transformed over the past two decades into one of the city's fastest-growing residential and commercial centers, with a skyline now defined by dozens of new high-rise condo and rental towers concentrated along the Hunters Point and Court Square waterfronts.

Long Island City is one of the most transit-accessible neighborhoods in New York, served by the 7, E, F, G, M, N, R, and W subway lines, the Long Island Rail Road at Hunters Point Avenue, and multiple bus routes. Major institutions include MoMA PS1, the Museum of the Moving Image, and Gantry Plaza State Park. The neighborhood's combination of waterfront access, Manhattan views, and rapid new construction has made it the most dynamic real estate market in Queens.

Sales mix by property type
Property typeSalesShare
Condominiums34184.6%
Co-op Apartments215.2%
Other Residential143.5%
Two-Family Homes123.0%
Three-Family Homes92.2%
Single-Family Homes61.5%

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