4-week rolling average · Data through March 12, 2026 · ZIP 11375
Forest Hills, Queens (11375) is showing a notable spread between the median list price of $399,000 and the median sale price of $1,298,000, suggesting that lower-priced listings are pulling the list price median down while actual transactions are closing at significantly higher values. With 501 active listings and a median of 57 days on market, the market sits at a balanced temperature with a temp position of 49. At $866.67 per square foot, buyers and sellers are operating in a high-value urban market.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $329K | $3K/mo |
| 2BR | $479K | $4K/mo |
| 3BR | $999K | $4K/mo |
| 4BR | $1.40M | $7K/mo |
| 5BR | $1.69M | $8K/mo |
| 6BR | $1.70M | — |
| 7BR | $1.45M | — |
The median sale price of $1,298,000 reflects strong closing values in Forest Hills, giving sellers confidence that well-positioned homes are transacting at premium levels. With 57 median days on market, sellers should plan for a moderate timeline and price strategically to attract serious buyers.
Buyers in zip code 11375 should be prepared for a significant gap between what homes are listed at and what they ultimately sell for, as the median sale price of $1,298,000 far exceeds the median list price of $399,000. With a 30-year mortgage rate at 6% and 501 active listings available, buyers have inventory to explore but should act with clear financing in place.
The median rent of $3,200 across 207 rental listings provides a baseline for evaluating income potential, with larger units commanding significantly more, such as $7,201 for 4-bedroom and $8,400 for 5-bedroom rentals. At a median price per square foot of $866.67 and strong rental demand in a dense Queens neighborhood, Forest Hills presents opportunities for long-term value retention.
The current 30-year mortgage rate stands at 6% and the 15-year rate at 5.43%, both of which meaningfully affect monthly carrying costs on a median sale price of $1,298,000. Buyers who can qualify for a 15-year term will benefit from the lower rate, though the higher monthly payments on a property at this price point require careful financial planning.
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Market intelligence by FarmPosts