11368 — Queens County, New York Market Snapshot

Housing market data for zip code 11368 in Queens County, New York. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

12 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$390,000

-66.8% YoYClosed sales

Days to Sell

119

Median, listing to close

Homes Sold

12

Closed in 2026

Inventory

54

Sale-to-List

96.4%

New Listings

29

Price/SqFt

$512

Pending Sales

16

Conforming Loan Available

Most homebuyers in 11368 can comfortably use conventional financing. The median home price of $390,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 119 days on average, 11368 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 11368 sells for 3.6% below asking price (96.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 11368 can comfortably use conventional financing. The median home price of $390,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 11368 are set at the county level.

2026 Loan Limits — Queens County

Property Units Conforming Limit FHA Limit
1 Unit$1,209,750$1,249,125
2 Units$1,548,975$1,599,375
3 Units$1,872,225$1,933,200
4 Units$2,326,875$2,402,625

Affordability Snapshot — Zip 11368

To purchase the median home at $390,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,138.

Monthly Payment

$3,138

Income Required

$134,488

Principal & Interest

$2,403/mo

Down Payment (5%)

$19,500

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 11368.

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Estimated Monthly Payment

$2,564

Principal & Interest$2,024
Property Tax$390
Insurance$150
Loan Amount$312,000
Total Interest$416,507
Income Required$109,870/yr

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