144-60 Gravett Road #4J, Flushing, NY 11367

Flushing Market Trend

Flushing has tightened over the past 2 years: the median sale price has advanced roughly 11% year over year to near $435K, and sales have generally been closing faster. Conditions continue to favor sellers; if the trend holds, prices could keep firming. Alongside that firming trend, note that the roughly $390K blended median combines very different property types, so it may not describe any single one: of 431 recent sales, co-ops made up the largest share at about 54% with a median near $295K, single-family about 25% near $935K, condos about 13% near $470K, multi-family (2-4 family) about 7% near $1.24M. Because the most common type sold here is also the lowest-priced, the blended figure tends to sit below the single-family median rather than above it — so a typical single-family house has tended to sell closer to $935K, roughly $545K over the headline number, even though the higher-priced multi-family (2-4 family) in the mix pull the other way but at about 7% are too small a share to offset that drag. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.