LIC Housing Market Trends
Market Overview for Q3 2026
$688K
-22.1% Y-o-Y
-$195K Y-o-Y
$1,258
-12.2% Y-o-Y
-$174 Y-o-Y
18
-51.4% Y-o-Y
-19 Y-o-Y
$1.2M
5% Y-o-Y
$65K Y-o-Y
LIC Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $489,000 | $627,500 | $570,000 | $720,000 |
| 2023 | $695,000 | $788,000 | $722,500 | $830,000 |
| 2024 | $661,619 | $850,000 | $918,206 | $772,500 |
| 2025 | $882,098 | $928,395 | $884,136 | $649,500 |
| 2026 | $660,000 | $560,000 | $688,750 |
LIC Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $771 | $724 | $929 | $1,252 |
| 2023 | $1,198 | $1,311 | $1,337 | $1,268 |
| 2024 | $1,313 | $1,158 | $1,354 | $1,338 |
| 2025 | $1,505 | $1,366 | $1,432 | $1,336 |
| 2026 | $1,376 | $1,190 | $1,258 |
Real Estate Transactions in LIC
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 19 | 22 | 24 | 55 |
| 2023 | 35 | 97 | 58 | 42 |
| 2024 | 24 | 29 | 68 | 29 |
| 2025 | 62 | 38 | 37 | 30 |
| 2026 | 26 | 13 | 18 |
Queens Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $781,500 | $790,000 | $780,000 | $750,000 |
| 2023 | $739,500 | $770,000 | $770,000 | $750,000 |
| 2024 | $750,000 | $800,000 | $800,000 | $790,000 |
| 2025 | $801,497 | $830,000 | $840,000 | $825,000 |
| 2026 | $840,000 | $860,000 | $880,000 |
LIC Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $489,000 | $627,500 | $570,000 | $720,000 |
| 2023 | $695,000 | $788,000 | $722,500 | $830,000 |
| 2024 | $661,619 | $850,000 | $918,206 | $772,500 |
| 2025 | $882,098 | $928,395 | $884,136 | $649,500 |
| 2026 | $660,000 | $560,000 | $688,750 |
LIC Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $771 | $724 | $929 | $1,252 |
| 2023 | $1,198 | $1,311 | $1,337 | $1,268 |
| 2024 | $1,313 | $1,158 | $1,354 | $1,338 |
| 2025 | $1,505 | $1,366 | $1,432 | $1,336 |
| 2026 | $1,376 | $1,190 | $1,258 |
Real Estate Transactions in LIC
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 19 | 22 | 24 | 55 |
| 2023 | 35 | 97 | 58 | 42 |
| 2024 | 24 | 29 | 68 | 29 |
| 2025 | 62 | 38 | 37 | 30 |
| 2026 | 26 | 13 | 18 |
Queens Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $781,500 | $790,000 | $780,000 | $750,000 |
| 2023 | $739,500 | $770,000 | $770,000 | $750,000 |
| 2024 | $750,000 | $800,000 | $800,000 | $790,000 |
| 2025 | $801,497 | $830,000 | $840,000 | $825,000 |
| 2026 | $840,000 | $860,000 | $880,000 |
Housing Market Trends by Property Type
Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$830K
-14.7%
$1K
-13.3%
7
Coops
$537K
4.4%
-
-
8
Houses
$1.2M
-14.1%
$550
-29.3%
3
LIC Housing Stock
Property Type
Units
140
1,051
1,070
186
15
Condo and co-op unit counts only include individually owned units. Commercially owned, multifamily-style units are not included.
Neighborhood Risk Trends
Property Type
Buildings in Flood Zone
Buildings in Hurricane Evacuation Zone
Total No. of Buildings
All Residential
65
36
1250
Single Family
9
7
140
2-4 Family
52
28
1045
Condo
3
1
54
Co-op
1
0
3
Other residential
0
0
8
All Residential
65
36
1250
LIC: Demographics
Total population
40,212
Median age
35
No high school education
5.5%
Some high school/college
21.3%
Bachelor's degree
34.0%
Average household income
$144,598
Occupied housing units
19,398
Owner-occupied units
16.1%
Renter-occupied units
83.9%
Median year structure built
1980
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Median Sale Price
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City
Median Sale Price Q3 2026