Far Rockaway, NY Home Values & Market Trends
Real estate market trends reflect that there have been 249 transactions over the past year in Far Rockaway. The median value for residential home transactions that occurred over the previous year is $655,120. The number of current listings in Far Rockaway is 208, and the percentage of properties for sale in the city is 208.00%. Far Rockaway, NY currently has 166 properties in foreclosure, 1 bank owned properties, 7 properties headed for auction, and 208 properties for sale.
Far Rockaway, NY Real Estate Market Overview
Housing Market Summary for Far Rockaway, NY
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $739K | $729.5K | -1.29% |
| Median Sold Price | $874.8K | $731.4K | -16.40% |
| Homes For Sale | 288 | 204 | -29.17% |
| Homes Sold | 237 | 122 | -48.52% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Far Rockaway, NY
Browse Homes in Far Rockaway, NY
Far Rockaway home values range from $260,683 to $2,602,465. The median estimated value of a home in Far Rockaway is $655,120. The median list price of a home is 729,999, and the total count of properties in the city is 664.
- Pre-ForeclosurePre-foreclosure homes account for 23.80% of all residential properties in Far Rockaway, NY with 11691 containing 157 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Far Rockaway, NY; of those zips, the estimated home value for pre-foreclosure homes ranges from $2,145,976 in 11693 to the lowest home value of $298,577 in 11691.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Far Rockaway, NY ranges from the highest value of $0 in 11691 to the lowest value of $621,552 in 11691. Bank owned homes and properties account for 0.15% of properties in Far Rockaway, NY. There are 2 zips within Far Rockaway, NY; 11693 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions11691 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Far Rockaway, NY. Auction homes and other auction properties account for 1.05% of all properties in Far Rockaway, NY. There are 2 zips within Far Rockaway, NY; of those zips, the median estimated home value for homes going to auction ranges from $814,179 in 11691 to the lowest value of $561,469 in 11691.
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Guide for Far Rockaway, NY
New York Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
