How much is a home worth in ZIP code 11368?

The typical home in 11368 is worth $543,161, based on the Zillow Home Value Index.

Are home values rising in 11368?

Home values in 11368 are up 5.7% over the past year, and down 1.3% a year over five years.

What is the typical rent in 11368?

A typical home in 11368 rents for about $2,750 a month, a gross rental yield of 6.1%.

What is the property tax rate in 11368?

The effective property tax rate in 11368 is 0.7% — roughly $3,674 a year on a typical home.

ZIP code 11368 has a population of 105,716 and a median household income of $72,270.

HousingHandbookReference data

…

U.S. ZIP Code · NY11368

Queens County · New York-Newark-Jersey City, NY-NJ

Typical home value

$543,161^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +5.7%
5-year / yr: -1.3%
10-year / yr: +1.9%

Relative price

vs U.S.: +91.2%
vs metro: -25.5%
vs state: +70.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 11368 is worth $543,161 — 25.5% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 5.7%. Homes here rent for a typical $2,750 a month — a 6.1% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,750^[2]
Gross yield: 6.1%^[2]
Cap rate: 3.6%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $3,674^[3]

#Climate risk

FEMA National Risk Index ratings for Queens County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Very High
Wildfire: Very Low
Drought: Very Low
Heat wave: Very High
Hurricane: Relatively High
Tornado: Relatively High
Earthquake: Relatively High
Winter weather: Very High

#Who lives here

Population: 105,716^[3]
Median household income: $72,270^[3]

#Migration

Household moves in and out of Queens County over a year, from IRS tax-return data.

Net migration: -17,613^[5]
Moved in: 48,983
Moved out: 66,596

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 14
Elementary: 11
Middle: 2
High: 1

IS 61 LEONARDO DA VINCI
Middle · Grades 6–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #24
2,170 students
PS 19 MARINO JEANTET
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #24
1,597 students
PS 143 LOUIS ARMSTRONG
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #24
1,458 students
PS 14 FAIRVIEW
Elementary · Grades K–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #24
1,030 students
PS 16 NANCY DEBENEDITTIS SCHOOL (THE)
Elementary · Grades K–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #24
997 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.1%

Net yield (after ~40% expenses)3.6%

Annual rent$33,000

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,747

Loan principal$434,529

Down payment$108,632

Total interest paid$554,218

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.28

Monthly cost to own$3,507

Monthly rent$2,750

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 5th percentile^[1]
Rental yield: 80th percentile^[2]
Property tax: 11th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 11368?: The typical home in 11368 is worth $543,161, based on the Zillow Home Value Index.
Are home values rising in 11368?: Home values in 11368 are up 5.7% over the past year, and down 1.3% a year over five years.
What is the typical rent in 11368?: A typical home in 11368 rents for about $2,750 a month, a gross rental yield of 6.1%.
What is the property tax rate in 11368?: The effective property tax rate in 11368 is 0.7% — roughly $3,674 a year on a typical home.
Who lives in 11368?: ZIP code 11368 has a population of 105,716 and a median household income of $72,270.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

08846 vs 11368 →
Middlesex, NJ
Typical home
$542,813
Gross yield
4.6%
10032 vs 11368 →
New York, NY
Typical home
$542,262
Gross yield
6.3%
07822
Ross Corner CDP, NJ
Typical home
$541,249
Gross yield
—
10974
Sloatsburg, NY
Typical home
$545,219
Gross yield
—
07204
Roselle Park, NJ
Typical home
$540,534
Gross yield
5.5%
07306
Jersey City, NJ
Typical home
$545,862
Gross yield
5.8%

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#Jump to section

U.S. ZIP Code · NY11368

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