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Market Intelligence · NY / Queens County

Long Island City, NY home prices and housing market

1 ZIP market liveData updated September 2026Typical value$1.15M1-yr changeUp1.7%

The typical home value in Long Island City, NY is $1.15M as of September 2026, up 1.7% from a year ago, based on the Zillow Home Value Index. In the typical Long Island City ZIP code, the median list price is $1.09M and homes spend a median of 53 days on market as of September 2026 (Realtor.com).

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The coverage

Long Island City, by the numbers.

Typical home valueZillow ZHVI, September 2026
$1.15M
1-yr changeMedian across Long Island City ZIPs
+1.7%
ZIP markets live2 tracked in Long Island City
1
County
Queens County

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12-month value trend

+1.7% over 12 months

Typical home value in Long Island City over the last 12 months: $1.13M in Sep 2025 to $1.15M in Sep 2026 (+1.7%).

Sep 2025$1.13M

Sep 2026$1.15M

Median Zillow home value index across Long Island City's ZIP codes.

Context

In Long Island City, the median list price sits at $1,091,750 as of September 2026. The typical home value is $1,152,286, up 1.7% over the past year. There are currently 212 homes for sale in the neighborhood, with 58 new listings added recently. Homes spend a median of 53 days on market, and only 1.1% of listings have seen a price cut. The market here is moving steadily, though inventory remains selective. If you're considering selling, the modest annual appreciation and moderate days-on-market suggest a balanced climate where the right preparation matters.

The numbers

What is the housing market like in Long Island City, NY?

Typical home value

$1.15M

Up1.7%YoY

Median list price

$1.09M

Days on market

53

Homes for sale

212

Price cuts

1.1%

New listings

58

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Long Island City's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Long Island City, NY home prices over time

Typical home values in Long Island City, NY are up 1.7% over the past year, from $1.13M in September 2025 to $1.15M in September 2026.

Typical home value in Long Island City, NY, September of each year
MonthTypical value1-yr change
September 2026$1,152,286+1.7%
September 2025$1,133,492No prior year

Typical value is the median Zillow Home Value Index across Long Island City ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Long Island City, NY a buyer's or seller's market?

Long Island City, NY is roughly balanced between buyers and sellers.

The signals are mixed: relatively few listings have cut their asking price, but homes for sale are building up relative to new listings, so pricing and condition matter more than market direction.

Based on a median of 53 days on market and 1% of listings with a price cut in the typical Long Island City ZIP code, and 58 new listings against 212 active listings across Long Island City, as of September 2026 (Realtor.com).

The outlook

Long Island City housing market forecast 2027

+2.0%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Long Island City ZIP code, points to typical home values rising 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in Long Island City rose 1.7%, per the Zillow Home Value Index.

Will home prices drop in Long Island City?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Long Island City shows typical home values rising 2.0% by September 2027, after a 1.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Long Island City ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Long Island City?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 2 Long Island City ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Long Island City, NY home prices.

What is the typical home value in Long Island City?

The typical home value in Long Island City is $1,152,286 as of September 2026, representing a 1.7% increase over the past year.

How long do homes typically stay on the market in Long Island City?

Homes in Long Island City spend a median of 53 days on market, indicating moderate buyer interest and competitive conditions.

How many homes are currently for sale in Long Island City?

There are 212 homes for sale in Long Island City as of September 2026, with 58 new listings added recently.

Are home prices going up or down in Long Island City, NY?

Typical home values in Long Island City, NY are up 1.7% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Long Island City, NY a buyer's or seller's market?

Long Island City, NY is roughly balanced between buyers and sellers. The signals are mixed: relatively few listings have cut their asking price, but homes for sale are building up relative to new listings, so pricing and condition matter more than market direction. Based on a median of 53 days on market and 1% of listings with a price cut in the typical Long Island City ZIP code, and 58 new listings against 212 active listings across Long Island City, as of September 2026 (Realtor.com).

Nearby markets

More New York housing markets.

The market is moving

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