📍 Hyper Local Market Report – Rego Park, NY

f you’ve been eyeing Rego Park, October’s numbers tell a clear story: it’s officially a Buyer’s Market. 🏡

With growing inventory and softer prices, buyers have more room to negotiate while still enjoying everything this Queens neighborhood has to offer.

🔍 Key Market Stats

📊 Months of Inventory: 6.88Up 18.6% month-over-month — signaling more homes available and less competition.

🏷️ Sold-to-List Price Ratio: 97.3%Homes are selling slightly under asking, giving buyers added leverage.

⏱️ Median Days on Market: 74 days Down 10.8%, meaning homes are taking a bit less time to sell but still offering space for negotiations.

💰 Median Sold Price: $667,125Down 41.5% — a significant shift that favors buyers looking for value.

👨‍👩‍👧 Neighborhood Snapshot

Population: 63,000

Median Household Income: $87,068

Per Capita Income: $47,941

Rego Park continues to attract residents with its blend of convenience, culture, and suburban-meets-city living.

🏫 School Ratings

Schools in Rego Park range from A to C+, offering options for different learning styles and needs:

• Cathedral Preparatory School — A

• Civic Leadership Academy — B

• High School for Arts & Business — B

• I.S. 61 Leonardo da Vinci Middle School — C+

Whether you're raising a family or planning for the future, the area has educational opportunities worth exploring.

🛡️ Safety & Crime Grade

Overall Crime Grade: B-

• Violent Crime: B

• Property Crime: C

• Other Crime: B

Rego Park maintains a moderate safety score, comparable to many established NYC neighborhoods.

🏙️ What This Means for Buyers

Rego Park’s market is cooling slightly, making it a strategic time for buyers to step in. With expanding inventory, negotiable pricing, and a neighborhood packed with transit access, shopping centers, parks, and schools, it continues to be a strong contender for Queens homeownership.

Whether you're investing, upgrading, or buying your first home, Rego Park offers value with long-term potential.

🔑 Your Local Guide to Homeownership

LJ Realty Team📍 127-03 Rockaway Blvd, South Ozone Park, NY 11420

📞 (516) 218-1297

Buy – Sell – Rent Equal Housing Opportunity

LJ Mortgage Team Inc. — NMLS #2120286

Purchase & Refinance

NYS Registered Mortgage Broker, NYS Dept. of Financial Services.

Broker arranges mortgage loans with third-party providers.

MORTGAGE BROKER ONLY, NOT A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER.

Licensed by the N.J. Department of Banking and Insurance.

We do not make mortgage loan commitments or fund mortgage loans.

NMLS Consumer Access: www.nmlsconsumeraccess.org