Queens real estate posted a borough-wide median sale price of $595,000 in the second quarter of 2026, marking a 6% increase from $560,000 during the same period in 2025, according to a report by PropertyShark. Despite this overall price growth, a 9% reduction in sales across the borough caused the number of Queens neighborhoods ranking among New York City’s top 50 most expensive to drop from 11 in the second quarter of 2025 to just 7 in the second quarter of 2026.
Hunters Point Leads Borough Pricing Despite Volume Drop
Hunters Point retained its spot as the most expensive Queens neighborhood and ranked as the 25th-most expensive neighborhood citywide in the second quarter of 2026. The median sales price in the area reached $1.23 million, representing a 32% boost from $929,000 in the second quarter of 2025. This pricing shift occurred alongside a sharp reduction in units sold, which dropped 32% from 63 units in 2025 to 43 units in 2026. However, the average size of units sold in Hunters Point expanded from 798 square feet last year to 894 square feet this year, which contributed to the higher median sale price.
Did You Know? Hunters Point recorded an average unit size increase to 894 square feet in the second quarter of 2026, up from 798 square feet the previous year, directly impacting the neighborhood’s median sale price.
Auburndale, Queensboro Hill, and Belle Harbor Market Movements
Auburndale secured the second spot among Queens neighborhoods on the citywide list, placing 31st overall. The median sale price there climbed 21% from $951,000 in the second quarter of 2025 to $1.15 million in the second quarter of 2026. Sales volume remained steady, moving from 13 transactions last year to 14 this year. Meanwhile, Queensboro Hill claimed the 39th-highest median sale price in New York City at $1.032 million, a 9% climb from $950,000 in the second quarter of 2025. Sales in Queensboro Hill rose 50% from 8 to 12 transactions, with every sale involving houses priced between $805,000 and $1.38 million. Belle Harbor ranked 42nd, marking its return as the single Queens neighborhood in the top 50 after recording zero sales in the second quarter of the previous year, posting eight sales with a median price of $998,000.
Fresh Meadows, Jamaica Estates, and Rockwood Park Shifts
Fresh Meadows stood out as the sole borough neighborhood to make the top 50 citywide despite a falling median sale price. The neighborhood recorded a 14% drop in median sale price, shifting from $1.153 million in 2025 to $990,000 in 2026, while transactions rose 15% from 20 to 23 sales. Jamaica Estates placed 48th and tied with Madison in Brooklyn for the third-highest median sale price increase citywide at 69%, as prices jumped from $563,000 to $950,000. Sales in Jamaica Estates halved from 30 to 15 transactions, though seven homes sold for more than $1 million alongside an eighth selling for $950,000, compared to only five homes fetching over $1 million the prior year. Rockwood Park rounded out the borough’s representation at 49th place, posting an 8% increase in median sale price from $860,000 to $929,000 alongside a 240% surge in sales volume from 5 to 17 transactions, representing the most significant percentage jump in sales citywide.
Frequently Asked Questions
What was the overall median sale price in Queens for the second quarter of 2026?
According to PropertyShark, the median sale price in Queens reached $595,000 in the second quarter of 2026, marking a 6% increase from $560,000 in the second quarter of 2025.
How many Queens neighborhoods ranked in the top 50 most expensive in New York City?
The number of Queens neighborhoods in the top 50 dropped from 11 in the second quarter of 2025 to 7 in the second quarter of 2026 due to a 9% reduction in borough sales.
Which Queens neighborhood experienced the largest percentage increase in sales volume?
Rockwood Park recorded the most significant percentage jump in sales citywide, experiencing a 240% increase from 5 sales last year to 17 sales this year.
How might fluctuating transaction volumes and changing unit sizes influence neighborhood rankings in upcoming property reports?