: There is currently about a 4-month supply of homes, which is still below the 7–8 months needed for a truly balanced market, maintaining some upward pressure on prices. 2. Neighborhood Insights

: Median home prices in Queens are expected to rise steadily by 4% to 6% year-over-year in 2026.

Buying a home in Queens, NYC , in 2026 offers a more affordable entry point to the city compared to Manhattan and Brooklyn, with a median sale price of approximately . The borough is characterized by a high volume of single-family "Class 1" homes and significant transit connectivity. While inventory remains tight, the market is shifting toward a more balanced state as mortgage rates are projected to ease into the low 6% or high 5% range by late 2026. 1. 2026 Market Performance & Forecast