Queens ZIP 11103 Market Report

Astoria Housing Market Report

Astoria 11103 encompasses the central-south portion of Astoria, stretching along Broadway and Steinway Street. This ZIP is the commercial heart of the neighborhood with excellent transit (N, W, M, R trains) and a diverse dining and retail corridor that keeps rental demand strong year-round. Data sourced from Zillow Research, the NYC Department of Finance, and Freddie Mac via FRED.

Astoria · ZIP 11103 · Estimated Median
$665,000
Based on Zillow Home Value Index · all-homes · smoothed, seasonally-adjusted
Year over Year
+4.6%
Estimated change

The estimated median home value in Astoria (ZIP 11103, Queens) is approximately $665,000, with year-over-year growth of +4.6%. Typical rents in this ZIP run around $2,650/mo per Zillow ZORI data.

Estimated Median
$665,000
Zillow Home Value Index
Year over Year
+4.6%
Estimated annual change
Typical Rent
$2,650/mo
Zillow ZORI estimate
20% Down Payment
$133,000
On $665,000 purchase

Market Overview — Astoria (11103)

Astoria 11103 encompasses the central-south portion of Astoria, stretching along Broadway and Steinway Street. This ZIP is the commercial heart of the neighborhood with excellent transit (N, W, M, R trains) and a diverse dining and retail corridor that keeps rental demand strong year-round.

For homeowners in Astoria, the question is rarely “is the market up or down” — it is “is the current direction supported across multiple windows.” Looking at 1-month, 3-month, 6-month, and 12-month change gives you a multi-frame view: short-term momentum, mid-term direction, and long-cycle trend. When all four windows agree, conviction is high. When they disagree, the market is in transition — that is usually when negotiation leverage opens up.

How this number is calculated The Zillow Home Value Index (ZHVI) is a smoothed, seasonally-adjusted measure of the typical home value across all home types within a ZIP code. Unlike a simple median sale price, ZHVI accounts for compositional mix — so a month with mostly high-end sales does not artificially inflate the index. Source: Zillow Research methodology. CSV: Zip_zhvi_uc_sfrcondo CSV.

By property type: what trades in 11103

The aggregate ZHVI blends every home type into one number. For an actual sale or purchase in Astoria, the property class matters — NYC’s Department of Finance organizes recorded sales by building class. The most common types in ZIP 11103:

🏘️
Multi-Family
Multiple residential units under one roof — strong rental demand in this ZIP.
🏢
Walk-Up
Low-rise apartment building without elevator. Affordable entry for investors.
🔑
Condo
Individual ownership with common charges. Popular with first-time buyers and investors.
🏪
Mixed-Use
Commercial ground floor + residential above. Dual income stream.

For a property-class-specific price, download the NYC DOF Rolling Sales for Queens County and filter by building class. Or call Nitin at (917) 705-0132 for a property-class report on ZIP 11103.

Mortgage rate context

Headline home values mean nothing without the cost of capital. Affordability is driven roughly equally by price and rate. Track the current 30-year fixed rate at FRED MORTGAGE30US.

Who buys here — housing stock & community

Primarily pre-war 2- and 3-family brick homes alongside walk-up apartment buildings. New condo construction has accelerated along major avenues. Owner-occupants frequently house-hack with rental income from upper-floor units.

Communities historically served in this ZIP include Egyptian, Bangladeshi, Colombian, Mexican, and Eastern European. The U.S. Census ACS (5-Year) publishes housing-stock and tenure tables at the ZCTA level — see Tables B25024, B25034, B25003 at data.census.gov.

Explore Astoria

Compare to neighboring markets

Click any tile to read that ZIP’s market report.

Frequently asked questions

What is the median home price in Astoria (11103)?

The estimated median home value in Astoria (ZIP 11103) is approximately $665,000, based on the Zillow Home Value Index. ZHVI is a smoothed, seasonally-adjusted estimate covering all home types. For current figures, visit zillow.com/research/data/.

Is Astoria a buyer’s market or seller’s market?

With year-over-year appreciation of +4.6%, Astoria shows positive price momentum. However, whether it favors buyers or sellers depends on current inventory levels and days-on-market — check Realtor.com Research for the latest supply data, or call Nitin for a live market read.

What is rent in Astoria (11103)?

Typical rents in Astoria run around $2,650/mo per Zillow ZORI data. HUD also publishes Fair Market Rents for Queens County annually, which serves as a useful benchmark against private-market asking rents.

Who is the best real estate agent in Astoria?

Nitin Gadura is a Licensed NYS Real Estate Salesperson (License #10401383405) specializing in Queens and Long Island with $100M+ in closed transactions since 2018. Verify at appext20.dos.ny.gov.

Can I use this data to price my home?

ZIP-level data is a useful starting frame but does not replace an address-specific CMA. Two homes on the same block can trade at very different prices based on lot size, condition, finishes, school zone, and recent comp activity. For a free, no-obligation CMA, call (917) 705-0132 or email nitin@gadurarealestate.com.

Thinking of selling or buying in Astoria?

Get a precise address-level CMA — no obligation, response within 24 hours.

EQUALHOUSING
OPPORTUNITY
Equal Housing Opportunity. Gadura Real Estate, LLC supports the principles of the Fair Housing Act and the Equal Opportunity Act. We do not discriminate based on race, color, religion, sex, handicap, familial status, sexual orientation, national origin, source of income, or any other protected class. OneKey® MLS member.

Research disclaimer. This page presents independent market research conducted by Nitin Gadura, a Licensed New York State Real Estate Salesperson (license #10401383405) operating under Gadura Real Estate, LLC, a licensed New York State real estate brokerage located at 106-09 101st Ave, Ozone Park, NY 11416. Data shown is sourced from publicly available datasets and is presented for educational and informational purposes only. It does not constitute legal, financial, tax, or investment advice. Past performance does not guarantee future results. Information is deemed reliable but is not guaranteed and should be independently verified before any real estate decision.

New York State RPL §443 agency disclosure is provided at the first substantive contact.

Page generated 2026-06-23 · Canonical URL: https://gadurarealestate.com/market-reports/queens/astoria-11103/ · Method: ZIP-level Zillow Research public datasets (all-homes, smoothed, seasonally-adjusted) · © 2026 Gadura Real Estate, LLC.

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