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Sarah Mitchell
Compass Real Estate · ZIP 11024
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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11024 ZIP Code Housing Market
$2.95Mmedian sale price
What is the 11024 housing market like right now?
The median home sale price in ZIP code 11024 is $2.95M, up 112.6% year-over-year. Homes sell in an average of 82 days with 26 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 11024 ZIP code a buyer's or seller's market?
ZIP code 11024 is currently a buyer's market and homes selling in about 82 days. How we determine this →
What are the latest 11024 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $2.95M |
| Median list price | $2.14M |
| Year-over-year price change | +112.6% |
| Average days on market | 82 days |
| Active inventory | 26 listings |
| Sale-to-list price ratio | 89.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
The 11024 zip code, located in Kings Point, NY, is currently classified as a buyer's market. The median sale price stands at $2.95M, representing a +112.6% change year over year. Homes in this area spend an average of 82 days on the market before going under contract. There are currently 26 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 11024 sits in the Kings Point, NY area, roughly 0.2 miles from downtown Kings Point. Because home prices are set street by street, this ZIP can move differently from Kings Point's citywide averages. The figures below reflect 11024 specifically — drawn from Redfin transactions, U.S. Census data for its 9,155 residents, and Zillow value estimates.
Homes sold
12
Last 12 weeks
Days on market
82
Average pace
Active listings
26
Sale-to-list
89.9%
Below asking
What is driving the 11024 housing market?
The 11024 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 89.9% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 11024 have increased +112.6% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 11024 stands at $2.40M, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 11024?
Population
9,155
Median income
$175,300/yr
Median age
31.3 years
Owner-occupied
80.8%
College grads
54.6%
Avg commute
43.8 min
What is it like living in 11024?
Zip code 11024 is home to approximately 9,155 residents. The median household income is $175,300 per year, which shapes the types of homes and amenities available in the area. With a median age of 31.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 80.8% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 54.6% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 43.8 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 11024.
Which public schools serve ZIP 11024?
1 schools tracked · 446 students
The largest public schools serving ZIP code 11024 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.
JOHN F KENNEDY SCHOOL
Grades PK-5 · 446 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 11024
What is the median home price in 11024?
The current median sale price in 11024 is $2.95M, based on recent Redfin transaction data. Prices have changed +112.6% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 11024 a buyer's or seller's market?
The 11024 zip code is currently classified as a buyer's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 11024?
Zip code 11024 has a population of approximately 9,155 residents. The median household income is $175,300 per year. About 80.8% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 11024?
Properties Incorporated provides comprehensive data for 11024 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 11024 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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