Market Intelligence · NY / Long Island City

Long Island City, NY 11101 Housing Market

Long Island City homes are valued at $1,153,280, up 0.8% over the past year. The median list price sits at $1,045,000, with homes typically spending 86 days on market.

Updated August 2026Median value$1147K

The median home value in Long Island City, NY 11101 is $1.15M as of August 2026, up 1.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 11101 range

$1.06M to $1.24M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.1% over 12 months

Typical home value in 11101 over the last 12 months: $1.13M in Aug 2025 to $1.15M in Aug 2026 (+1.1%).

Aug 2025$1.13M

Aug 2026$1.15M

The numbers

What is the 11101 housing market like?

Typical home value

$1.15M

Up1.1%YoY

Median list price

$1.04M

Down1.5%MoM

Days on market

86

Down2.3%MoM

Homes for sale

193

Down9.4%MoM

Price cuts

2.6%

Down40.1%MoM

New listings

36

Down41.9%MoM

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

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The comparison

How do 11101 home prices compare?

  • 11101$1,147,371
  • Long Island City$1,147,371
  • New York$332,241
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Long Island City: 1 ZIPs; New York: 1,561 ZIPs; United States: 26,265 ZIPs).

Context

Long Island City has 193 homes for sale with 36 new listings as of August 2026. The median days on market of 86 suggests a measured pace, neither brisk nor sluggish. Only 2.6% of listings carry price reductions, indicating modest price holding overall. The year-over-year value appreciation of 0.8% is modest but positive. For sellers, this is a balanced market where condition and pricing strategy matter more than timing alone.

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20% · $229,474

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