Jamaica, NY 11421 Real Estate Market Report

ZIP Code: 11421
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The primary market-value signal is the median sold price of 749,000, which reflects recent transaction levels and should be treated as the representative recent sale benchmark for Jamaica, NY (11421).

2. Despite an upward price trend, with up price year-over-year momentum, liquidity appears muted given the long median days on market of 371, which suggests slower sales velocity and potential pricing friction for sellers.

3. Pricing intensity is elevated on a per-unit basis: the median price per square foot is 527, which, combined with the upward price trend, indicates sellers are realizing higher price density per unit area even as transaction speed slows.

4. Rents are rising — median market rent is 2,800 with rent year-over-year trend noted as up — supporting landlord-side income stability, while interest rate pressure is assessed as moderate, which may constrain some buyer affordability despite rising nominal values.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.