Property Prices in Forest Hills, Queens (11421)

Analysis of recent property sales — NYC Department of Finance data, all 5 boroughs

Last updated: 03/13/2026
$750,000
Median Price
$830,889
Average Price
561
Transactions
$494
Avg. Price / Sq Ft

Average Property Price in Forest Hills

The average property price in Forest Hills, Queens (11421) is $830,889, based on 561 transactions recorded by the NYC Department of Finance. The median price is $750,000, giving a price range from $25,000 to $10,700,000.

The average price per square foot is $494.

Transaction Volume (Last 12 Months)

25-01 25-04 25-07 25-10

Recent Sales

Date Price Type Address Sq Ft $/Sq Ft
2025-12-23 $715,000 1-Family 9119 82Nd Street 1,392 $514
2025-12-19 $990,000 2-Family 91-34 81 Street 1,520 $651
2025-12-15 $960,000 2-Family 87-38 94 Street 1,312 $732
2025-12-11 $300,000 2-Family 85-10 88 Avenue 2,160 $139
2025-12-11 $690,268 Other 89-07 Jamaica Avenue 2,320 $298
2025-12-09 $797,400 1-Family 91-30 Park Lane South 1,230 $648
2025-12-09 $990,000 2-Family 90-12 77 Street 1,978 $501
2025-12-08 $1,270,000 3-Family 76-53 85Th Road 2,700 $470

NYC Transfer Tax Calculator for 11421

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NYC Transfer Tax
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NYS Transfer Tax
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Mansion Tax
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Total Transfer Taxes
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Effective Rate

NYC RPTT: 1% (≤$500K) or 1.425% (>$500K). NYS: 0.4%. Mansion Tax: 1% (≥$1M). Does not include mortgage recording tax.

Estimated Rental Yield in Forest Hills

4.0%
Estimated Gross Rental Yield
Based on median price of $750,000 and average Queens monthly rent of $2,500/month ($30,000/year).
Source: NYC rental market averages. Actual yields vary by property type and condition.
View all 561 comparable sales →

Nearby ZIP Codes in Queens

11001
Bellerose 11004
Bellerose 11005
Glen Oaks 11040
Floral Park 11101
Astoria 11102
Astoria

Frequently Asked Questions

What is the average property price in 11421?
The average property price in Forest Hills, Queens (11421) is $830,889, with a median price of $750,000. This is based on 561 recent transactions recorded by the NYC Department of Finance.
How many properties were sold in 11421?
There have been 561 property transactions recorded in Forest Hills, Queens (11421) in the most recent data period, according to NYC Department of Finance records.
What are the transfer taxes when buying property in NYC?
When buying property in NYC, you may owe: NYC Real Property Transfer Tax (1% for sales ≤$500K, 1.425% for sales >$500K), New York State Transfer Tax (0.4%), and Mansion Tax (1% for sales ≥$1M, with higher brackets above $2M). Use the calculator above for an estimate.
What is the rental yield in 11421?
The estimated gross rental yield in Forest Hills, Queens (11421) is 4.0%, calculated from a median property price of $750,000 and average Queens rents of $2,500/month.