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Featured local agent — Garden City Park, NY
Sarah Mitchell
Compass Real Estate · Garden City Park, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Garden City Park, NY Housing Market
The last median sale price Redfin published was $815,500, -23.4% year over year (through May 2026). With 10.0 months of supply and homes going under contract in about 10 days, Garden City Park is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $815,500 home is about $4,354/mo in principal and interest.
Key numbers for Garden City Park, NY
Median sale price
$815,500
-23.4% year over year
Redfin, through May 2026
Days on market
10
Fast-moving
Redfin, through May 2026
Active listings
20
10.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$135,208
Home costs 6.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
104.3%
Selling above asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Garden City Park a buyer's or seller's market?
Garden City Park, NY is a balanced market, based on 10.0 months of supply and homes selling in about 10 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Garden City Park housing market data show?
Every row below is Redfin's final published month for Garden City Park, NY. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $815,500 |
| Median list price | $924,500 |
| Year-over-year price change | -23.4% |
| Median price per sq ft | $569/sq ft |
| Median days on market | 10 days |
| Active inventory | 20 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 104.3% |
| Homes sold (that month) | 2 |
| New listings (that month) | 12 |
| Listings with a price cut | 20.0% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Garden City Park is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Garden City Park is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Garden City Park home prices moved?
Over the last three years the median sale price in Garden City Park, NY rose 8.7%, from $750,000 to $815,500. 20.0% of Garden City Park listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 10.0 months while the sale-to-list ratio slips below its current 104.3%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Garden City Park?
Priced off the median sale price of $815,500 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $163,100 | $652,400 | $4,354/mo |
| 5% | $40,775 | $774,725 | $5,170/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $4,354, that implies roughly $186,582 a year before you add taxes and insurance. The median household in Garden City Park earns $135,208, about $51,374 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 6.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Garden City Park in the next 12 months?
Tell us your timeline. We send the Garden City Park market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Garden City Park?
Zillow does not publish a rent index (ZORI) for Garden City Park, NY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Garden City Park?
Active listings in Garden City Park, NY went from 12 in May 2025 to 20 in May 2026, a +66.7% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 10 | 3 |
| July 2025 | 12 | 5 |
| August 2025 | 10 | 3 |
| September 2025 | 6 | 2 |
| October 2025 | 4 | 2 |
| November 2025 | 5 | 2 |
| December 2025 | 4 | 1 |
| January 2026 | 5 | 3 |
| February 2026 | 5 | 3 |
| March 2026 | 7 | 6 |
| April 2026 | 14 | 10 |
| May 2026 | 20 | 12 |
Redfin, through May 2026
How does Garden City Park compare to New York and the U.S.?
Garden City Park homes sell for $815,500 — 31% above the New York median of $620,500. Against the national median of $410,700, Garden City Park runs 99% higher. Year-over-year, Garden City Park moved -23.4% against New York's +5.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Garden City Park, NY | $815,500 | -23.4% | 10 days |
| New York statewide | $620,500 | +5.1% | 42 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Garden City Park
What buyers should watch
- Months of supply, currently 10.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 20.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $816 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $815,500 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Garden City Park listing goes under contract in 10 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 104.3% of asking. Price at the number you want and let competition do the rest.
- In the last published month Garden City Park added 12 new listings against 2 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Garden City Park varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Garden City Park
There are currently 20 homes listed for sale in Garden City Park, New York. The median listing price is $925K.
Active listings
20
Homes on market
Median list price
$925K
Avg. days on market
10
Days until sale
New this week
12
Newly listed
How much do homes cost in Garden City Park by property type?
How the Garden City Park, NY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $815,500 | $569/sq ft | 2 | 10 days |
| Condo / co-op | $345,000 | $460/sq ft | 1 | 111 days |
Who lives in Garden City Park?
American Community Survey estimates for Garden City Park. U.S. Census ACS, 2023
Population
8,176
Households
2,501
Median income
$135,208/yr
Median age
40.1 years
Owner-occupied
85.0%
Median home value
$796,600
Median gross rent
$2,546/mo
Mean commute
33 min
85.0% of occupied homes in Garden City Park are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Garden City Park?
2 schools tracked · 1,387 students
The largest public schools serving Garden City Park, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MINEOLA HIGH SCHOOL
Grades 8-12 · 1,092 students
GARDEN CITY PARK SCHOOL
Grades PK-6 · 295 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Garden City Park, NY?
Ordered by distance from Garden City Park, not by size. Compare Garden City Park side by side with any of them.
Garden City Park housing market FAQ
Is Garden City Park a buyer's or seller's market?
Garden City Park, NY is currently a balanced market. That read comes from 10.0 months of supply, homes going under contract in about 10 days, and sellers getting 104.3% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Garden City Park?
The median sale price in the last month Redfin published was $815,500, about $569 per square foot.
Is Garden City Park cheaper than the rest of New York?
Garden City Park's median sale price of $815,500 is 31% higher than the New York statewide median of $620,500, and 99% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Garden City Park?
Homes in Garden City Park, NY spent a median of 10 days on market before going under contract, versus 42 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Garden City Park?
At the current 30-year fixed rate of 7.03%, 20% down on a $815,500 home is about $4,354 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $186,582 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $135,208.
Are home prices rising in Garden City Park?
Redfin's last published year-over-year change for Garden City Park, NY was -23.4%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Garden City Park?
Garden City Park ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Garden City Park?
That depends on your timeline, not on a headline. What the data says today: Garden City Park, NY is a balanced market with 10.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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