Local Market0 views · 2 answers
How competitive is the Astoria housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 35/100
- YoY Challenging Market Conditions
- Pending ratio
- 0.33
- YoY contracts vs active
- Inventory YoY
- -0.0%
- YoY active listings
- Median DOM
- 64
- YoY days on market
- Price cuts
- 37.4%
- YoY of active listings
Astoria is moderately competitive as of May 2026, with a Sold Score of 35/100 (Challenging Market Conditions).
**Pending ratio** is 0.33 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is -4.1% — fewer choices for buyers than a year ago.
**Median days on market** is 64. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 37.4% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 35/100 (Challenging Market Conditions) · Pending ratio: 0.33 · Inventory YoY: -4.1% · Median days on market: 64 · Sellers cutting price: 37.4% · Median listing price: $639,000 (+6.4% YoY)
Astoria snapshot
As of the latest 2026 data- Median listing
- $639K
- YoY +0.1%
- Active inventory
- 287
- YoY -0.0%
- Median DOM
- 58
- YoY +0.1%
- Pending ratio
- 0.30
- YoY +0.1%
- Price-reduced
- 20.5%
- YoY -0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
The Astoria housing market is competitive, but homes are staying on the market longer and more sellers are lowering their prices. Listing prices are still going up, but at a slower pace. However, there are fewer homes for sale compared to last year. This means that even with rising prices, finding the right home might be a bit challenging due to less availability.The median listing price in Astoria is currently $639,000. This is 6.4% higher than it was last year and 3.1% higher than last month. This shows that prices are still increasing, but not as quickly as before.Homes are taking longer to sell, spending a median of 58 days on the market. This is 8.4% longer than last year. Additionally, about 20.5% of homes have had their prices reduced, which is 3.1% less than last year. This suggests that some sellers are adjusting their expectations to attract buyers.However, there are fewer homes available for sale. The number of active listings is down by 4.5% compared to last year, with 287 homes currently on the market. While there are a few more new listings (up 2.1% year-over-year), the overall supply is still tight.This mixed picture means that while homes are generally more expensive and fewer are available, buyers might find a bit more breathing room as homes sit longer and some sellers reduce their prices. If you're looking to buy, be prepared for higher prices but also keep an eye out for homes that have been on the market for a while or have seen price reductions.