March 2025 Market Data: Long Island and Queens

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Just the Facts (text-only version) 

Long Island Indicators  (Includes Single-Family, Co-ops, Condos)

Median Sale Price

Increase +7.10%

2025: $675,000 | 2024: $630,000

Long Island Residential Inventory

Decrease -2.70%

2025: 9,018 | 2024: 9,269

Long Island Closed Sales

(Single-Family)

Increase +12.30%

2025: $820,000 | 2024: $730,000

(Single-Family)

Increase +7.40%

2025: $655,000 | 2024: $610,000

(Single-Family)

Increase +5.70%

2025: $835,000 | 2024: $789,700

(Co-ops)

Increase +5.30%

2025: $320,000 | 2024: $304,000

(Condos)

Decrease -4.20%

2025: $555,354 | 2024: $580,000

Sources:

Long Island Board of REALTORS®

OneKey MLS®