11429 — Queens County, New York Market Snapshot
Housing market data for zip code 11429 in Queens County, New York. Updated monthly with median prices, days on market, and more.
Market Sales Data
20 sales in 2026 (year to date)
Median Sale Price
$740,000
Days to Sell
53
Homes Sold
20
Inventory
26
Sale-to-List
96.7%
New Listings
30
Price/SqFt
$569
Pending Sales
18
Conforming Loan Available
Most homebuyers in 11429 can comfortably use conventional financing. The median home price of $740,000 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
11429's market is balanced with homes taking an average of 53 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 11429 sells for 3.3% below asking price (96.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 11429 can comfortably use conventional financing. The median home price of $740,000 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 11429 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 11429
To purchase the median home at $740,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,820.
Monthly Payment
$5,820
Income Required
$249,413
Principal & Interest
$4,560/mo
Down Payment (5%)
$37,000
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 11429.
Estimated Monthly Payment
$4,730
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