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January 2026 Breakdown: Buying and Selling Trends in Long Island City, NY

Published on Wednesday, January 7, 2026
The Allstar Team
RE/MAX City Square
Focus areas include Bay Terrace, Bayside, Bellerose, Briarwood, Bushwick, East Meadow, Elmhurst, Elmont, Floral Park, Forest Hills, Fresh Meadows, Glen Oaks, Glendale, Great Neck, Howard Beach, Jamaica Estates, Kew Gardens Hills and Kew Gardens, along with surrounding towns, communities and neighborhoods.
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Are you ready to interpret this month’s data and adjust your real estate goals in Long Island City, NY? January 2026 is unveiling clear trends as both buyers and sellers seek to make confident moves in this evolving neighborhood landscape.

Let’s break down what is driving success in this market. Trends for buyers in Long Island City, NY this January 2026 point to careful consideration of price positioning, absorption rate, and negotiation tactics. Sellers must closely watch inventory and showing activity to stay ahead in a competitive but rewarding space.

Key Pricing and Volume Insights for January 2026

One of the most notable metrics this month is the average list price of $1,380,000. Why does it matter? It forms the context for aspirational moves and sets the expectation for those marketing homes at higher price points. In January, the median sale price of $1,150,000 draws buyers with a mix of accessible and investment focused listings.

With a list to sale price ratio of 96.5 percent, sellers are achieving close alignment with their asking prices. This indicates a market where thoughtful pricing and negotiation are rewarded, not penalized. For buyers, realistic expectations open more doors, making affordable homes in Long Island City, NY this January 2026 a tangible reality.

Inventory, Absorption, and Closing Speed

Currently, 88 active properties on the market mean greater selection for buyers, but create urgency for sellers to highlight upgrades and location perks. An absorption rate of 3.1 months signals a balanced environment, supporting both quick sales and strategic patience for those not in a rush.

For agents, guiding clients is about more than just price—it is about understanding the “why” behind figures. Is it a good time to buy in Long Island City, NY? With 63 average days on market, most listings move at a measured pace, giving time for thoughtful decisions but not so much as to create stagnant inventory.

  • List Price: $1,380,000
  • Median Sale: $1,150,000
  • List to Sale Ratio: 96.5 percent
  • Inventory: 88
  • Absorption: 3.1 months
  • Average Days on Market: 63
  • Closed Sales: 42

Listing Strategies and Buyer Readiness for January 2026

For those focused on how to sell your house fast in Long Island City, NY, efficient presentation combined with competitive pricing deliver results. Transparency around market activity and honest communication continue to be differentiators.

Open Opportunities on the Horizon

Buyers are accessing properties across a range from $675,000 to $2,300,000, meaning every budget finds a fit. Volume remains healthy, with 42 closed sales this January—a number that solidifies confidence in ongoing demand.

Expert Guidance for Sellers and Buyers

Whether you’re adjusting your listing strategy or reviewing current buying power, work with local experts in Long Island City, NY for an edge. The Allstar Team analyzes these trends each month, sharing up to date insight to empower client decisions for January 2026.

Your Next Address Starts Here

Work directly with The Allstar Team to align budget, search alerts, and offer strategy for Long Island City, NY. Contact (516) 580-5320 or Check market updates for a custom plan this January 2026.

The Allstar Team
Written by The Allstar Team
RE/MAX City Square
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