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Far Rockaway, NY’s Multi-Family & Condo Details: January 2026 Overview

Published on Thursday, January 8, 2026
Lissette Abreu
RE/MAX Team
Focus areas include Astoria, Bayside, Cambria Heights, Corona, East Elmhurst, Elmhurst, Far Rockaway, Flushing, Hillside, Jackson Heights, Jamaica, Long Island City, Maspeth, Middle Village, Ozone park, Queens Village, Sunnyside and Whitestone, along with surrounding towns, communities and neighborhoods.
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Far Rockaway, NY is showing clear demand for multiple property types as we progress through January 2026. What can buyers and sellers learn from the way multi-family and condo markets are moving right now?

This month, multi-family homes account for 12 active listings with an average list price of $779,000. There have been 4 recently closed multi-family transactions, indicating ongoing interest and a responsive segment for investors and families needing flexibility. For condos, inventory is more limited: just 3 units remain active at a median list price of $438,000. On average, condos sell in about 78 days, suggesting steady turnover.

Far Rockaway, NY Multi-Family Market in January 2026

Agents should highlight the $390 price per square foot (up 2.2 percent year over year) when working with buyers weighing different property types. Market pace for multi-family homes reflects a balance between buyer demand and available supply—a situation that empowers buyers to be strategic and sellers to achieve strong valuations. Why it matters: properties in this category offer options for both residents and investors seeking opportunities in Far Rockaway, NY this January 2026.

Condo Inventory, Pricing, and Timeline: January 2026

Condos in January 2026 present an opportunity for entry or downsize-focused buyers. With properties holding a median list price of $438,000 and moving in under 80 days on average, the segment is quick and accessible without being overrun by competition. Although supply remains tight, realistic pricing and move-in readiness keep condos attractive for motivated buyers.

Segmented Trends and Agent Guidance

Brokers guiding clients in these sectors will note that leveraging local data is key. Highlighting price stability and average days on market ensures buyers and sellers alike make data-driven decisions, while capitalizing on opportunities at the right time. Is it a good time to buy in Far Rockaway, NY? Current patterns suggest flexibility and strategy yield rewards across both multi-family and condo choices.

  • 12 multi-family listings at $779,000 average
  • 3 condos active, median list $438,000
  • $390 per square foot, 2.2 percent up YoY
  • Condos average 78 days on market

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Get a clear plan from Lissette Abreu based on multi-family and condo performance in Far Rockaway, NY for January 2026.

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Opportunities and Informed Choices: January 2026 Segment Highlights

With affordable homes in Far Rockaway, NY this January 2026 and data-driven negotiations at play, agents and their clients can pursue options that align with their property goals. Whether targeting entry-level condos or diverse multi-family inventory, attention to up-to-date stats is crucial.

Action Items for Investors and Occupants

Make the most of ongoing trends by tracking absorption rates and days on market for each property type. For a custom analysis or property review, reach out to Lissette Abreu today—timing and informed action will frame this month’s best outcomes.

Final Segments Overview

This balanced activity across condos and multi-family homes in January 2026 positions Far Rockaway, NY as a spot for keen agents and clients to act. Explore ongoing changes with Lissette Abreu as your resource and guide.

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