The local numbers
The most recent complete closing data available for zips 11416-11420 covers January-March 2026 (the DOF dataset runs about 3.5 months behind real time). Comparing that window to the prior quarter (October-December 2025):
(vs. 188 prior quarter)
(vs. $778,500 prior quarter)
By zip code (Jan-Mar 2026)
| ZIP | Neighborhood | Closings | Median price |
|---|---|---|---|
| 11416 | Ozone Park | 11 | $835,000 |
| 11417 | Ozone Park | 23 | $750,000 |
| 11418 | Richmond Hill | 30 | $830,000 |
| 11419 | Richmond Hill | 24 | $717,500 |
| 11420 | South Ozone Park | 40 | $744,500 |
Why a 32% drop doesn't mean the market is cooling
Because DOF records closings, not contract signings, this quarter's numbers actually reflect deals made roughly November 2025 through February 2026 — the slowest window of the year for real estate activity almost everywhere in the Northeast. Some of this drop is ordinary seasonality, not a demand shock.
The borough-wide picture supports that read. Queens overall saw closed house sales up 4.1% year-over-year in Q2 2026, with contract activity up over 13%. The $750,000-$1,000,000 price band — right where these five zips mostly sit — grew fastest of all, now representing nearly 39% of house sales.
One thing worth watching
Foreclosure filings ticked up in parts of southeastern Queens this quarter, with St. Albans and Jamaica leading the borough. Our core zips weren't named among the leaders, but it's a trend worth keeping an eye on for the wider South/Southeast Queens submarket. If you're carrying a property and worried about falling behind, reaching out early gives you far more options — a traditional sale almost always nets more than a distressed one.
What this means if you're thinking about selling
Prices in this corridor have held essentially flat, and borough-wide demand in your exact price bracket is growing, not shrinking. The lower closing count reflects a quiet contract-signing season, not falling buyer interest. As DOF data catches up through the summer, expect it to start reflecting the stronger spring/early-summer contract activity already showing up in the borough-wide numbers.