ZIP 07001 Housing Market Report
New York Metro
Report period: May 2026
07001 Monthly Market Update – May 2026
ZIP 07001 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$499,900
−0.0%
Median DOM (Sales)
29
+7.4%
New Listings (Sales)
9
−50.0%
Median Rent
$2,495
0.0%
Median DOM (Rental)
12
−65.7%
Total Rental Listings
17
+13.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (13 DOM)
- Fastest renting: Condo (11 DOM)
- Strongest bedroom: Studio ($625,000 median)
Sales Market Overview
Median Price
$499,900
−0.0%
Median DOM
29
+7.4%
New Listings
9
−50.0%
Inventory
63
+16.7%
- Average Price: $466,475
- Median Price: $499,900
- Price Range: $84,000 – $1,075,000
- Price per Sq Ft (Avg/Median): $399 / $384
- Square Footage (Avg/Median): 1,486 / 1,320
- Square Footage Range: 504 – 3,100
- Days on Market (Avg/Median): 53 / 29
- Days on Market Range: 2 – 177
- New Listings: 9
- Total Listings: 63
Sales by Property Type
Condo
Avg/Median Price$318,000 / $400,000Range$135,000 – $419,000Price per Sq Ft—Sq Ft—DOM110 / 119New0Total3
Manufactured
Avg/Median Price$108,779 / $100,000Range$84,000 – $149,888Price per Sq Ft$198 / $198Sq Ft504 / 504DOM76 / 61New0Total10
Multi-Family
Avg/Median Price$625,000 / $625,000Range$625,000 – $625,000Price per Sq Ft$282 / $282Sq Ft2,219 / 2,219DOM13 / 13New0Total1
Single Family
Avg/Median Price$563,516 / $525,000Range$325,000 – $1,075,000Price per Sq Ft$407 / $388Sq Ft1,513 / 1,419DOM46 / 20New7Total42
Townhouse
Avg/Median Price$436,214 / $419,000Range$400,000 – $499,000Price per Sq Ft$499 / $499Sq Ft1,000 / 1,000DOM41 / 23New2Total7
Sales by Bedroom Count
Studio
Avg:$625,000Median:$625,000Range:$625,000 – $625,000PSF:$282 / $282Sq Ft:2,219 / 2,219DOM:13 / 13New:0Total:1
1 Beds
Avg:$162,133Median:$99,000Range:$84,000 – $499,900PSF:$306 / $198Sq Ft:858 / 504DOM:64 / 29New:1Total:6
2 Beds
Avg:$302,293Median:$400,000Range:$105,000 – $485,000PSF:$474 / $474Sq Ft:896 / 896DOM:71 / 61New:0Total:15
3 Beds
Avg:$516,896Median:$500,000Range:$325,000 – $669,000PSF:$447 / $402Sq Ft:1,275 / 1,244DOM:29 / 14New:7Total:23
4 Beds
Avg:$633,480Median:$539,900Range:$399,900 – $1,075,000PSF:$347 / $352Sq Ft:1,934 / 1,890DOM:66 / 77New:1Total:17
5 Beds
Avg:$598,000Median:$598,000Range:$598,000 – $598,000PSF:—Sq Ft:—DOM:81 / 81New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $625,000 | $625,000 | $625,000 – $625,000 | $282 / $282 | 2,219 / 2,219 | 13 / 13 | 0 | 1 |
| 1 Beds | $162,133 | $99,000 | $84,000 – $499,900 | $306 / $198 | 858 / 504 | 64 / 29 | 1 | 6 |
| 2 Beds | $302,293 | $400,000 | $105,000 – $485,000 | $474 / $474 | 896 / 896 | 71 / 61 | 0 | 15 |
| 3 Beds | $516,896 | $500,000 | $325,000 – $669,000 | $447 / $402 | 1,275 / 1,244 | 29 / 14 | 7 | 23 |
| 4 Beds | $633,480 | $539,900 | $399,900 – $1,075,000 | $347 / $352 | 1,934 / 1,890 | 66 / 77 | 1 | 17 |
| 5 Beds | $598,000 | $598,000 | $598,000 – $598,000 | — | — | 81 / 81 | 0 | 1 |
Rental Market Overview
Median Rent
$2,495
0.0%
Median DOM
12
−65.7%
New Listings
7
Inventory
17
+13.3%
- Average Rent: $2,558
- Median Rent: $2,495
- Rent Range: $1,641 – $3,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,387 / 1,250
- Square Footage Range: 1,089 – 1,860
- Days on Market (Avg/Median): 58 / 12
- Days on Market Range: 4 – 362
- New Listings: 7
- Total Listings: 17
Rentals by Property Type
Apartment
$2,290
Median DOM: 50
Inventory: 5
MoM: 0.0%
Condo
$2,495
Median DOM: 11
Inventory: 9
MoM: 0.0%
Single Family
$3,500
Median DOM: 11
Inventory: 2
MoM: 0.0%
Townhouse
$2,850
Median DOM: 140
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$2,176 / $2,290Range$1,641 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,200DOM136 / 50New0Total5
Condo
Avg/Median Rent$2,495 / $2,495Range$2,495 – $2,495Rent per Sq Ft$2 / $2Sq Ft1,089 / 1,089DOM25 / 11New6Total9
Single Family
Avg/Median Rent$3,650 / $3,500Range$3,500 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,698 / 1,536DOM12 / 11New1Total2
Townhouse
Avg/Median Rent$2,850 / $2,850Range$2,850 – $2,850Rent per Sq Ft$2 / $2Sq Ft1,250 / 1,250DOM140 / 140New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$1,850Median:$1,850Range:$1,850 – $1,850PSF:—Sq Ft:—DOM:50 / 50New:0Total:1
2 Beds
Avg:$2,453Median:$2,495Range:$1,641 – $2,850PSF:$2 / $2Sq Ft:1,180 / 1,200DOM:66 / 27New:6Total:14
3 Beds
Avg:$3,800Median:$3,800Range:$3,800 – $3,800PSF:$2 / $2Sq Ft:1,860 / 1,860DOM:12 / 12New:0Total:1
4 Beds
Avg:$3,500Median:$3,500Range:$3,500 – $3,500PSF:$2 / $2Sq Ft:1,536 / 1,536DOM:11 / 11New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,850 | $1,850 | $1,850 – $1,850 | — | — | 50 / 50 | 0 | 1 |
| 2 Beds | $2,453 | $2,495 | $1,641 – $2,850 | $2 / $2 | 1,180 / 1,200 | 66 / 27 | 6 | 14 |
| 3 Beds | $3,800 | $3,800 | $3,800 – $3,800 | $2 / $2 | 1,860 / 1,860 | 12 / 12 | 0 | 1 |
| 4 Beds | $3,500 | $3,500 | $3,500 – $3,500 | $2 / $2 | 1,536 / 1,536 | 11 / 11 | 1 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$499,000Median DOM:69New:5Total:51
Jan 2026
Median Price:$469,850Median DOM:64New:18Total:61
Feb 2026
Median Price:$525,000Median DOM:45New:5Total:41
Mar 2026
Median Price:$525,000Median DOM:55New:12Total:45
Apr 2026
Median Price:$499,999Median DOM:27New:18Total:54
May 2026
Median Price:$499,900Median DOM:29New:9Total:63
6-Month Rental Trend
Dec 2025
Median Rent:$2,300Median DOM:31New:5Total:16
Jan 2026
Median Rent:$2,300Median DOM:47New:2Total:14
Feb 2026
Median Rent:$2,300Median DOM:36New:3Total:10
Mar 2026
Median Rent:$2,395Median DOM:48New:3Total:11
Apr 2026
Median Rent:$2,495Median DOM:35New:2Total:15
May 2026
Median Rent:$2,495Median DOM:12New:7Total:17
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, while total rental inventory increased.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
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