Blog

Long Island City Real Estate trends

By Jin Newyork | Published on April 5, 2024 at 12:00AM

The median sale price of a home in Long Island City was $638,000 last month, which reflects a 3.8% increase compared to the previous year.
The median sale price per square foot in Long Island City stands at $1,210, showing a substantial 104.6% surge from the previous year 1.

Days on Market: On average, homes in Long Island City sell after 89 days.
Down Payment: Buyers typically put down 40.0% of the home price.
Total Homes Sold: A total of 22 homes were sold recently.

Remember, these figures provide a general overview, and individual property values may vary. If you’re interested in specific neighborhoods or want to explore other locations, feel free to share more details, and I’ll be happy to assist!

Tags: real estate trends