Key metrics and insights for homebuyers and sellers evaluating Rego Park, Queens, NY 11374.
Median Single-Family Price
$996,500
-2% YoY
Median Recorded Property Tax
$8,400
Annual
Walk Score
84
out of 100
Transit Score
100
out of 100
Commute
13 min
to Manhattan
Monthly Charges
Coop
$1,012
maintenance
Condo
$422
common charges
How Do Monthly Charges Scale With Price in Rego Park?
Coops: among live listings asking under $350K, median monthly maintenance runs about $865 (58 listings). At $350K and above, the median climbs to $1,245 (40 listings).
Condos: among live listings asking under $600K, median monthly common charges runs about $419 (18 listings). At $600K and above, the median climbs to $537 (21 listings).
Live MLS listing data for Rego Park; medians refresh as inventory changes. Every building sets its own charges — confirm the specific building before you offer.
Community Details
County
Queens
ZIP Code
11374
School District
New York City Department Of Education
Market Type
Mixed Signals
Median Days on Market
54 days
Walk Score
84/100
Transit Score
100/100
How far is Rego Park from New York City by train?
From Forest Hills Station on the LIRR Babylon Branch, scheduled weekday AM-peak service takes about 14 minutes to Penn Station, 13 minutes to Grand Central Madison, 29 minutes to Atlantic Terminal in Brooklyn (MTA LIRR timetable data).
Is Rego Park walkable?
Rego Park has a Walk Score of 84 out of 100, which Walk Score rates "Very Walkable", and a Transit Score of 100 out of 100.
Commuting from Rego Park — LIRR
Nearby Long Island Rail Road stations and typical weekday AM-peak travel times to the Manhattan and Brooklyn terminals. Many Rego Park residents use whichever station best fits their branch and schedule.
Forest Hills Station · Babylon Branch Closest station
106-98 Continental Ave, Forest Hills, NY 11375
To Penn Station
14 min
To Grand Central
13 min
To Atlantic Terminal
29 min
Woodside Station · Ronkonkoma Branch Faster to Manhattan
61st Street & Roosevelt Avenue, Woodside, NY 11377
To Penn Station
10 min
To Grand Central
11 min
To Atlantic Terminal
32 min
AM-peak travel times on scheduled LIRR service to Penn Station, Grand Central Madison, and Atlantic Terminal (Brooklyn). Based on MTA LIRR public timetable data.
What Is Your Rego Park, NY Home Worth?
Get a strategic market analysis — not an algorithm. A real evaluation from a licensed attorney and Associate Real Estate Broker serving Queens.
Current market conditions and pricing trends for Rego Park, Queens, NY.
Median Single-Family Price
$996,500
From 24 closed sales in the past 12 months
-2% year-over-year
Houses, coops and condos are measured separately here — this figure is
single-family only.
See each segment's own trend ↓
Market Condition
Mixed Signals
Market indicators do not agree, so we are withholding a buyer's or seller's market classification. Review the inventory, selling time, and sale-to-list figures individually for a clearer picture of current conditions.
Median Days on Market
54 days
Typical time to sell
Median Sale Price by Property Type — Rego Park
Single-Family
$996,500
24 closed sales · 54d median
Condo
$541,500
44 closed sales · 82d median
Co-op
$315,000
132 closed sales · 77d median
Single-family, condo and co-op homes are measured separately — these medians are never blended together.
Based on 212 recorded closings in ZIP 11374 between Sep 10, 2025 and Sep 10, 2026 — a settled trailing twelve months,
ending about a month back so late-recorded closings are counted rather than missed.
Days on market are medians, not averages. A property type with fewer than 8 closed sales in that window is left out rather than published on a sample too thin to mean anything.
Coops & Condos in Rego Park · ZIP 11374
Coops →$325K median ask · 72 days · 122 active$325K · 72d · 122 activeMixed Signals
Condos →$628K median ask · 89 days · 46 active$628K · 89d · 46 activeMixed Signals
Each segment is measured on its own inventory and sales pace — a segment's condition can differ from the overall market reading above.
The Trend
Over the past 2 years, 11374 has resisted a single storyline: the median sale price has bounced between $276K and $555K, the kind of swing that typically reflects a thin or mixed market. After a softer stretch, the most recent months have seen prices tick back up. Recently, homes have been selling in about 67 days. Part of why that median has moved unevenly month to month is mix shift — which property types happen to sell. The roughly $400K blended median combines very different types, so a stretch heavy on multi-family (2-4 family) (around $1.35M) versus one heavy on co-ops (around $320K) can swing the all-types figure on its own, independent of any change in value. Of 467 recent sales, co-ops made up the largest share at about 63% with a median near $320K, condos about 19% near $540K, single-family about 13% near $998K, multi-family (2-4 family) about 5% near $1.35M. 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 $998K, roughly $598K over the headline number, even though the higher-priced single-family in the mix pull the other way but at about 13% 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.
Coops & Condos: A Different Trend
Houses, coops, and condos do not move together here -- each segment below is measured on its own closed sales, so the direction (and what it means for you) can differ from the blended market above.
Coops in Rego Park
Mixed Signals
the Rego Park coop market peaked near $390K around April 2025 and has since eased to roughly $304K, with time on market stretching out. If the easing persists, conditions could move further toward a balanced market.
Sellers: The signals here disagree -- inventory looks ample while units are still going to contract quickly near asking -- so price to your building's own recent sales rather than to a market label.
Buyers: Read this one building by building. The neighborhood-wide numbers point in different directions, so leverage depends on the specific building far more than on the market.
38.3% have cut their asking price — above the 34.0% across Queens
Of the 193 homes for sale in Rego Park today, 74 are now asking less than they originally asked — 38.3%, against 34.0% across Queens. 8 sellers have raised their asking price.
And among the homes that actually sold
Among the 219 homes that sold in Rego Park over the last twelve settled months, 29.7% had cut their price before they sold — down from 35.3% over the same twelve months a year earlier. The for-sale figure runs higher than the sold figure because homes that need a reduction stay on the market longer, so they build up among the listings still available while the completed sales are led by homes that sold without cutting.
What each group got
Over those same twelve months, the 154 Rego Park homes that sold without ever reducing achieved 98.2% of their asking price in a median of 57 days. The 65 that did reduce achieved 92.1% of what they first asked, after 135 days.
Homes that never reduced and homes that did are different homes, priced differently from the start — these figures describe what each group did, not what a reduction causes. How any individual home performs depends on condition, layout, its position within Rego Park and how it shows, none of which a market median can capture.
Measured from the OneKey MLS feed, updated daily. A home counts as reduced when its current asking price is below the price it was first listed at — not against an estimate or against other homes. The for-sale figures describe homes available today; the sold figures describe closed sales between September 2025 and August 2026.
Joseph's Market Take
What This Means for Sellers
Rego Park is sending mixed signals: there is real inventory on the market, yet homes are still selling at a pace and a price that don't match that supply. Neither side holds a clear edge, so the number you list at matters more than the headline. Overpriced homes will sit while correctly priced properties still move — and the comparables for your specific home, not a market label, are what set that number.
Buyer Advisory
What This Means for Buyers
Rego Park is a mixed picture for buyers. Market indicators do not agree, so we are withholding a buyer's or seller's market classification. Review the inventory, selling time, and sale-to-list figures individually for a clearer picture of current conditions. Come pre-approved, and judge each home on its own comparables rather than on the market's headline.
How many Rego Park listings did not sell
Did not sell
50%
214 of 429 listings that resolved
Sold
50%
215 closed sales · median $410,000
Counted over the trailing twelve months: every listing that closed, expired, was withdrawn or was
terminated. Listings still active or under contract are not counted on either side.
If the feed does not retain every withdrawn listing, the real figure is higher than the one shown, never lower.
Based on information from OneKey® MLS, for the period September 10, 2025 through September 10, 2026.
Flood informationRego Park: FEMA flood dataMedian NFIP cost, single-family homes,ZIP 11374: $990 a year (Aug 2026)
Median yearly NFIP cost
$990
Single-family homes · ZIP 11374
Middle half of policies
$930–$1,140
11 policies in force, August 31, 2026
Residential buildings with NFIP insurance
3.7%
Queens · FEMA, Aug 3, 2026
Based on 11 policies, a small sample.
Median yearly cost by FEMA zone: moderate- to low-risk zones (X, B, C) $990 (11 policies, small sample).
Cost trend, Queens
Median yearly cost of single-family NFIP policies taking effect each month.
In Queens, the typical monthly median yearly cost of single-family NFIP policies taking effect in June through August 2026 was $1,400, 17% higher than the typical month in June through August 2025 ($1,200). Based on 2,038 and 2,106 policies.
FEMA flood-loss ratings
FEMA's National Risk Index rates each census tract's expected yearly losses from flooding against every census tract in the country. For the 8 census tracts in the Rego Park neighborhood tabulation area (NYC):
Calculated from FEMA policy data (as of Sep 8, 2026) and FEMA's NFIP residential penetration rates; ratings are FEMA's own labels from the National Risk Index (December 2025). Yearly cost is premium plus FEMA fees, single-family NFIP policies only; the insured share is residential NFIP contracts as a share of all residential buildings. Private flood insurance is not included. Not a flood-zone determination, insurance advice or a quote. Each building is priced individually.
03 — About Rego Park
What It's Like Living in Rego Park
Rego Park is one of Queens's most established residential communities, offering a distinctive blend of suburban character and metropolitan accessibility. Located in the 11374 zip code, the community is served by the New York City Department Of Education.
With a median home price of $996,500 and a median recorded property tax of $8,400 annually, Rego Park pairs an established housing stock with direct access to New York City. The commute to Manhattan averages approximately 13 min via the Long Island Rail Road.
Ownership here takes more than one form: coops selling at a median of $315K, condos selling at a median of $542K, single-family homes selling at a median of $997K — three genuinely different ways to live in Rego Park. In a coop or condo, the building handles the envelope — roof, heat, grounds — and your monthly maintenance or common charges fund it; in a house, those responsibilities (and that flexibility) are entirely yours. Both coop and condo buildings are active markets here — see the segment data above for how each is currently moving.
Local Expert Insights
Joseph's Insider Guide to Rego Park
Direct answers informed by 5,000+ closed transactions across Nassau, Suffolk, Queens and Brooklyn — not the canned content you'd find on any listing portal.
Is Rego Park a good place to live for commuters?
The LIRR connects Rego Park to Penn Station and Grand Central Madison in approximately 13 min, and the neighborhood carries a transit score of 100/100. Peak express service, station parking and walk-to-station distance vary by address, and those three factors decide what a commute actually looks like day to day.
What are property tax trends in Rego Park, NY?
Rego Park homeowners pay a median of approximately $8,400 a year in property taxes — the median of the tax figures actually recorded on homes sold here, not an estimate. The bill funds school-district, county, town, and special-district services. Taxes are assessed parcel by parcel, so two similar homes on the same street can carry very different bills — confirm the actual assessment on a specific address before relying on it.
Is now a good time to buy or sell in Rego Park?
Rego Park is sending mixed signals right now — the inventory on hand and the pace homes are actually selling at point in different directions, so we do not call it a buyer's or a seller's market, with homes selling in about 54 days. Prices have moved -2% year-over-year. Timing decisions depend on your specific situation — contact Joseph for a no-cost strategy session tailored to your property and goals.
What makes Rego Park different from other Queens communities?
Rego Park is a long-established community served by the New York City Department Of Education. Prices and activity vary by property type, school district, condition and price band; the figures above show where this market stands now.
What should buyers know before making an offer in Rego Park?
School district boundaries in Rego Park often run street by street — two blocks can mean a different school zone, so confirming a home's exact attendance zone before you make an offer matters. As an Associate Broker who is also an attorney, Joseph reads title and contract details differently than most agents — and when the facts of a deal are in front of him, he knows what's worth asking about. (Not a substitute for your own attorney's representation.)
Is Rego Park walkable for everyday living?
Rego Park has a Walk Score of 84/100, measured at a single point near the centre of Rego Park. Walkability varies street by street, so check the score for a specific address; the LIRR provides Manhattan access in approximately 13 min.
Planning a Move to Rego Park?
Get the Rego Park Relocation Guide — schools, commute options, live market data, and insider neighborhood details compiled by an Associate Broker who is also an attorney.
Rego Park is served by the New York City Department Of Education. Attendance zones in New York City are assigned street by street, so a Rego Park mailing address does not by itself determine which school a home is zoned for.
Individual school assignments in New York City Department Of Education are made street by street.
Contact the district for building assignments, or ask us to confirm the zone for a specific address.
Rego Park is served by the New York City Department Of Education. District boundaries in New York City often run street by street, so we confirm the district and attendance zone for a specific address before you make an offer.
Searching for homes near a specific school?
School district boundaries in New York City often run street by street, so a Rego Park mailing address doesn't guarantee a given school. We confirm a home's exact attendance zone before you make an offer.
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 10, 2026 7:45 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
119 closed sales found.
Recent transactions provide real-world context for current market values.
For a full Comparative Market Analysis of your property,
request a complimentary CMA.
Expert answers to the most common questions about buying and selling in Rego Park.
How much does it cost to buy a home in Rego Park?
Single-family homes in Rego Park sold for a median of about $995,000 in the 12 months to September 10, 2026, across 24 closed sales, down 2% from the 12 months before. Their median recorded property-tax bill was about $8,400 a year. New York State's 1% mansion tax does not apply at that price; it starts at $1 million. The State's 0.4% base transfer tax is paid by the seller. Lender, title-insurance and attorney charges depend on the loan and the contract, so they are not included here. Sources: OneKey® MLS closed sales; tax rates from the NYS Department of Taxation and Finance.
Is Rego Park a good place to buy a home, and who is it right for?
Rego Park is an established Queens community served by the New York City Department Of Education, with a median home price of $996,500 and a median tax bill around $8,400. Commuters reach Manhattan via the LIRR, and it's currently a mixed-signal market. Whether it fits comes down to budget, schools, and commute — I'll give you a candid read on the trade-offs versus nearby towns.
What are property taxes like in Rego Park, and can they be lowered?
Rego Park's median property-tax bill runs about $8,400/year. Can they be lowered? Sometimes. You can file a tax grievance — formally a tax certiorari proceeding — that challenges the assessed value your bill is calculated from. There's no guarantee of a reduction, it can take roughly two years to show up on your bill, and even a successful challenge may move the number only modestly. Many homeowners still pursue it, and a number of firms will handle the filing for a share of the first year's savings. It's worth reviewing for your specific home, and Joseph can pull a property's full tax history before you make an offer. If taxes are a deciding factor, you can also filter for lower-tax communities and compare.
What is the LIRR commute from Rego Park to Manhattan?
The typical commute to Manhattan is roughly 14 minutes by LIRR from the Forest Hills station (106-98 Continental Ave, Forest Hills, NY 11375) on the Babylon Branch, with peak trains serving both Penn Station and Grand Central Madison (about 13 minutes to Grand Central). If you want options, nearby stations include Woodside (about 10 min to Penn) — handy for trading a shorter drive for a faster train. View LIRR schedules and fares.
What is the median home price in Rego Park, and is it a buyer's or seller's market right now?
The median home price in Rego Park is $996,500, with prices trending -2% year over year, and the market is currently a mixed-signal market with a median of 54 days on market. Here's the nuance worth understanding: by months-of-inventory alone, Rego Park is carrying about 7.2 months of single-family supply, a level that has historically leaned buyer-friendly. Yet homes are still selling in about 73 days and sales are closing at roughly 97.6% of list price — all strong, seller-leaning signals. Those crosscurrents are why we do not call Rego Park a buyer's or a seller's market right now: the supply figure and the sales data point in different directions, which can be an early sign of a shift worth monitoring. For a read on what it means for a specific home, reach out for a current evaluation. For a detailed analysis of your specific home or purchase target, contact Joseph DeVito for a complimentary market evaluation.
How are the schools in Rego Park?
Rego Park is served by the New York City Department Of Education. School attendance zones can run street by street, so an address in Rego Park doesn't automatically put a home in a given school. Because that distinction can affect both your child's school and the home's resale value, Joseph checks the specific attendance zone for any home you're seriously considering before you make an offer.
Why work with Joseph DeVito to buy or sell in Rego Park?
Joseph DeVito doesn't just help people buy and sell homes — he's spent over a decade hands-on renovating them. Alongside 5,000+ transactions, that renovation experience means he's worked through layout, design, and functionality decisions and lived with the timelines, costs, and pitfalls of a project — so he walks a home with a renovator's eye for craftsmanship and condition and can show buyers where to look closely. As a licensed attorney (though not your attorney on the transaction), he also reads a deal differently than most agents: when the facts of a transaction are in front of him, he understands the contract and title questions worth asking. His background also includes deep foreclosure and distressed-sale experience. In a divorce or estate sale, he can orient you and then coordinate with your matrimonial or estate representative for the legal specifics outside an agent's role. He's also genuinely responsive. It's an uncommon mix, and clients are generally better served by it. (Joseph represents you as your agent through Keller Williams; this is not legal representation and does not create an attorney-client relationship.)
Is Rego Park a buyer's or seller's market?
Over the past 2 years, 11374 has resisted a single storyline: the median sale price has bounced between $276K and $555K, the kind of swing that typically reflects a thin or mixed market. After a softer stretch, the most recent months have seen prices tick back up. Recently, homes have been selling in about 67 days. Part of why that median has moved unevenly month to month is mix shift — which property types happen to sell. The roughly $400K blended median combines very different types, so a stretch heavy on multi-family (2-4 family) (around $1.35M) versus one heavy on co-ops (around $320K) can swing the all-types figure on its own, independent of any change in value. Of 467 recent sales, co-ops made up the largest share at about 63% with a median near $320K, condos about 19% near $540K, single-family about 13% near $998K, multi-family (2-4 family) about 5% near $1.35M. 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 $998K, roughly $598K over the headline number, even though the higher-priced single-family in the mix pull the other way but at about 13% 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.
Are sellers cutting prices in Rego Park?
74 of the 193 homes for sale in Rego Park are asking less than they originally asked (38.3%), against 34.0% across Queens. Among homes that actually sold there in the last twelve settled months, 29.7% had cut before selling. Updated daily from the OneKey MLS feed.
What counts as a price reduction on this page?
A home is counted as reduced when its current asking price is lower than the price it was first listed at. It is not based on an estimate, on a valuation, or on what similar homes are worth — only on the seller's own two numbers, their original asking price and their current one.
Are price cuts in Rego Park becoming more or less common?
29.7% of the 219 homes that sold in Rego Park over the last twelve settled months had reduced their price before selling, compared with 35.3% over the same twelve months a year earlier. The two periods cover the same calendar months, because price cutting is strongly seasonal.
Do homes that cut their price in Rego Park sell for less?
Over the last twelve settled months in Rego Park, the 154 homes that sold without ever reducing achieved 98.2% of their asking price, and the 65 that reduced achieved 92.1% of what they first asked. These are different homes priced differently from the start, so the difference describes the two groups rather than the effect of a reduction.
Joseph DeVito is a New York Licensed Associate Real Estate Broker and a New York attorney. He does not act as both broker and attorney on the same transaction: here he acts as a real estate broker only, and he is not your attorney. Real estate services provided through Keller Williams Realty Greater Nassau are not legal representation. Everything on this site is general information for educational purposes only. It is not legal advice, it creates no attorney-client relationship, and it should not be relied on as legal advice — for advice about your own situation, consult your own attorney.
Rego Park’s median sale price of about $997K sits about 33% above the Queens median of about $750K. These are whole-county figures over a settled trailing 12 months — the same data behind our full Queens reports.
County medians describe the wider market, not any specific property, and are not a valuation of a home in Rego Park.
08 — Explore More
Markets Near Rego Park
The closest Queens communities we track, with their current median sale price, median days on market, and market condition — useful for widening or narrowing a search.
Live OneKey MLS medians from recent closed sales, refreshed daily. Market condition reflects months of supply. Figures describe each market, not any specific home.
Didn't find what you're looking for?
Search all Queens communities or browse by price range.
Ready to Make a Move in Rego Park?
Buy or Sell in Rego Park, NY With an Associate Broker Who Knows Which Questions to Ask
Joseph DeVito has been part of more than 5,000 closed transactions across Nassau County, Suffolk County, Queens, and Brooklyn. As an Associate Broker who is also an attorney, he reads a deal differently than most agents — and when the facts of your Rego Park deal are in front of him, he knows the contract and title questions worth asking.
