You are reading

LIC and Woodside among best neighborhoods in NYC for buyers in 2025: report

Long Island City was ranked by StreetEasy as the second-best New York City neighborhood for buyers in 2025. Photo via Getty Images.

April 4, 2025 By Ethan Marshall

Long Island City and Woodside are among the top ten New York City neighborhoods with the most significant year-over-year decline in median asking prices and the largest increase in inventory during the first two months of 2025, according to a report from real estate listing site StreetEasy.

Long Island City ranked second on the list, behind only Boerum Hill in Brooklyn. Thanks to a surge in new developments being built in the neighborhood in recent years, there are plenty of properties there, including rent-stabilized apartments and luxury condos.

Thanks to a big boost in affordable homes entering the market in Long Island City, the median asking price in the neighborhood has decreased 22% year-over-year, from $1,262,821 in 2024 to $985,000 in 2025. Over that same period of time, the available inventory of units has gone up 18%, from 167 last year to 197 this year.

Despite the lower median asking price and higher inventory, Long Island City does not have many units that get price reductions. This is due in large part to significant demand persisting in the neighborhood. Through the first two months of 2025, just 7% of the listings in Long Island City had price reductions, compared to 14% across the rest of New York City.

Woodside was ranked eighth on the list of the ten best neighborhoods in New York City for buyers in 2025. It offers a wide range of homes, including co-ops, modern condos, and multifamily homes. Its median asking price of $620,000 was the lowest among all the neighborhoods on the list, 6% lower than the $659,574 median asking price in 2024.

There was a notable increase in new developments in Woodside, which contributed a great deal to a 20% year-over-year jump in inventory, from 141 last year to 169 this year. The share of homes with price cuts, at 12%, was just under the 14% citywide share.

email the author: news@queenspost.com
No comments yet

Leave a Comment
Reply to this Comment

All comments are subject to moderation before being posted.


The reCAPTCHA verification period has expired. Please reload the page.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Recent News

Cold case breakthrough: Trio indicted in South Jamaica teen’s fatal stabbing over false pregnancy claim

A Queens grand jury has indicted three individuals on charges of murder, conspiracy, and other crimes in connection with the cold case stabbing death of 17-year-old Talasia Cuffie.

Cuffie was fatally attacked after attending a 2019 memorial basketball game honoring Aamir Griffin, a 14-year-old who had been shot and killed at the Baisley Park Houses. Prosecutors allege that the defendants lured Cuffie to a secluded block in South Jamaica, where she was stabbed and left bleeding on the street for more than 20 minutes before she was discovered.

Celebrate Easter with delicious desserts from local Queens bakeries

April 4, 2025 By Jessica Militello

Easter is the perfect occasion to gather with loved ones and celebrate with delicious food and sweet treats. Queens is home to a wide range of bakeries offering something for every taste. From Filipino-inspired confections and Mediterranean pastries to classic Italian neighborhood staples, the borough’s dessert scene is as diverse as its community. Whether you’re hosting a large family gathering or planning a cozy celebration, be sure to include dessert on your Easter checklist—and consider stopping by one of these local bakeries to make the holiday extra special.

The Easter Bunny is hopping through Queens—here’s where to find him

Apr. 4, 2025 By Jessica Militello

The Easter Bunny is gearing up to hop all over Queens this April, bringing a basketful of springtime fun for families across the borough. From egg hunts and festive meet-and-greets to photo ops and themed celebrations, there’s no shortage of ways to celebrate the season. Below is just a sampling of the many Easter events happening in Queens—so grab your bunny ears and baskets and get ready to dive into the holiday spirit.