ZIP 07002 Housing Market Report
New York Metro
Report period: August 2026
07002 Monthly Market Update – August 2026
ZIP 07002 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$690,000
+2.2%
Median DOM (Sales)
32
+3.2%
New Listings (Sales)
11
−80.7%
Median Rent
$2,200
−0.9%
Median DOM (Rental)
28
−6.7%
Total Rental Listings
542
−0.2%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Manufactured (2 DOM)
- Fastest renting: Single Family (15 DOM)
- Strongest bedroom: 8 Beds ($925,000 median)
Sales Market Overview
Median Price
$690,000
+2.2%
Median DOM
32
+3.2%
New Listings
11
−80.7%
Inventory
196
−3.4%
- Average Price: $696,872
- Median Price: $690,000
- Price Range: $145,000 – $3,500,000
- Price per Sq Ft (Avg/Median): $332 / $327
- Square Footage (Avg/Median): 2,047 / 1,456
- Square Footage Range: 450 – 19,998
- Days on Market (Avg/Median): 52 / 32
- Days on Market Range: 2 – 363
- New Listings: 11
- Total Listings: 196
Sales by Property Type
Condo
Avg/Median Price$393,742 / $315,000Range$169,000 – $925,000Price per Sq Ft$336 / $339Sq Ft1,194 / 1,000DOM53 / 33New1Total40
Land
Avg/Median Price$442,250 / $400,000Range$400,000 – $549,000Price per Sq Ft—Sq Ft—DOM27 / 5New2Total4
Manufactured
Avg/Median Price$153,999 / $153,999Range$153,999 – $153,999Price per Sq Ft—Sq Ft—DOM2 / 2New0Total1
Multi-Family
Avg/Median Price$861,785 / $849,000Range$365,000 – $1,799,000Price per Sq Ft$302 / $322Sq Ft4,083 / 2,889DOM56 / 32New6Total96
Single Family
Avg/Median Price$657,871 / $599,000Range$145,000 – $3,500,000Price per Sq Ft$353 / $323Sq Ft2,165 / 1,456DOM47 / 32New2Total55
Sales by Bedroom Count
Studio
Avg:$699,000Median:$699,000Range:$599,000 – $799,000PSF:$392 / $392Sq Ft:2,040 / 2,040DOM:53 / 66New:0Total:3
1 Beds
Avg:$237,292Median:$230,000Range:$189,000 – $375,000PSF:$361 / $343Sq Ft:663 / 680DOM:46 / 33New:0Total:13
2 Beds
Avg:$407,480Median:$425,000Range:$153,999 – $829,000PSF:$323 / $346Sq Ft:1,192 / 1,051DOM:57 / 41New:2Total:25
3 Beds
Avg:$547,111Median:$550,000Range:$145,000 – $999,000PSF:$349 / $344Sq Ft:1,544 / 1,600DOM:44 / 31New:0Total:35
4 Beds
Avg:$674,227Median:$645,000Range:$365,000 – $999,000PSF:$294 / $314Sq Ft:4,092 / 1,927DOM:47 / 29New:2Total:26
5 Beds
Avg:$794,573Median:$799,000Range:$499,000 – $1,225,000PSF:$278 / $257Sq Ft:3,375 / 3,250DOM:64 / 33New:3Total:26
6 Beds
Avg:$1,003,367Median:$895,000Range:$549,000 – $3,500,000PSF:$348 / $322Sq Ft:3,907 / 3,148DOM:56 / 22New:1Total:32
7 Beds
Avg:$892,029Median:$899,000Range:$700,000 – $1,300,000PSF:$312 / $326Sq Ft:3,162 / 3,025DOM:48 / 30New:1Total:24
8 Beds
Avg:$1,074,375Median:$925,000Range:$650,000 – $1,799,000PSF:$325 / $274Sq Ft:4,482 / 2,393DOM:74 / 46New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $699,000 | $699,000 | $599,000 – $799,000 | $392 / $392 | 2,040 / 2,040 | 53 / 66 | 0 | 3 |
| 1 Beds | $237,292 | $230,000 | $189,000 – $375,000 | $361 / $343 | 663 / 680 | 46 / 33 | 0 | 13 |
| 2 Beds | $407,480 | $425,000 | $153,999 – $829,000 | $323 / $346 | 1,192 / 1,051 | 57 / 41 | 2 | 25 |
| 3 Beds | $547,111 | $550,000 | $145,000 – $999,000 | $349 / $344 | 1,544 / 1,600 | 44 / 31 | 0 | 35 |
| 4 Beds | $674,227 | $645,000 | $365,000 – $999,000 | $294 / $314 | 4,092 / 1,927 | 47 / 29 | 2 | 26 |
| 5 Beds | $794,573 | $799,000 | $499,000 – $1,225,000 | $278 / $257 | 3,375 / 3,250 | 64 / 33 | 3 | 26 |
| 6 Beds | $1,003,367 | $895,000 | $549,000 – $3,500,000 | $348 / $322 | 3,907 / 3,148 | 56 / 22 | 1 | 32 |
| 7 Beds | $892,029 | $899,000 | $700,000 – $1,300,000 | $312 / $326 | 3,162 / 3,025 | 48 / 30 | 1 | 24 |
| 8 Beds | $1,074,375 | $925,000 | $650,000 – $1,799,000 | $325 / $274 | 4,482 / 2,393 | 74 / 46 | 0 | 8 |
Rental Market Overview
Median Rent
$2,200
−0.9%
Median DOM
28
−6.7%
New Listings
68
Inventory
542
−0.2%
- Average Rent: $2,361
- Median Rent: $2,200
- Rent Range: $1,300 – $9,185
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 948 / 831
- Square Footage Range: 400 – 3,631
- Days on Market (Avg/Median): 49 / 28
- Days on Market Range: 1 – 363
- New Listings: 68
- Total Listings: 542
Rentals by Property Type
Apartment
$2,150
Median DOM: 29
Inventory: 212
MoM: −0.9%
Condo
$2,100
Median DOM: 23
Inventory: 19
MoM: −0.9%
Single Family
$2,600
Median DOM: 15
Inventory: 30
MoM: −0.9%
Townhouse
$3,350
Median DOM: 25
Inventory: 4
MoM: −0.9%
Apartment
Avg/Median Rent$2,261 / $2,150Range$1,300 – $9,185Rent per Sq Ft$3 / $3Sq Ft821 / 800DOM56 / 29New37Total212
Condo
Avg/Median Rent$2,372 / $2,100Range$1,500 – $3,800Rent per Sq Ft$3 / $2Sq Ft888 / 700DOM43 / 23New5Total19
Multi-Family
Avg/Median Rent$2,370 / $2,300Range$1,450 – $5,000Rent per Sq Ft$3 / $3Sq Ft1,070 / 900DOM48 / 33New20Total277
Single Family
Avg/Median Rent$2,826 / $2,600Range$1,500 – $7,895Rent per Sq Ft$3 / $2Sq Ft1,234 / 1,100DOM19 / 15New5Total30
Townhouse
Avg/Median Rent$3,538 / $3,350Range$3,200 – $4,000Rent per Sq Ft$2 / $2Sq Ft2,000 / 2,000DOM49 / 25New1Total4
Rentals by Bedroom Count
Studio
Avg:$2,031Median:$2,050Range:$1,300 – $2,750PSF:$3 / $3Sq Ft:609 / 600DOM:72 / 27New:4Total:26
1 Beds
Avg:$2,046Median:$1,850Range:$1,300 – $9,185PSF:$3 / $3Sq Ft:694 / 667DOM:54 / 27New:21Total:143
2 Beds
Avg:$2,355Median:$2,200Range:$1,450 – $8,681PSF:$3 / $3Sq Ft:947 / 865DOM:49 / 29New:22Total:219
3 Beds
Avg:$2,625Median:$2,500Range:$1,550 – $7,895PSF:$2 / $2Sq Ft:1,312 / 1,200DOM:42 / 26New:16Total:123
4 Beds
Avg:$2,902Median:$3,000Range:$2,100 – $4,000PSF:$2 / $2Sq Ft:1,528 / 1,400DOM:44 / 39New:4Total:24
5 Beds
Avg:$3,510Median:$3,600Range:$3,200 – $3,800PSF:—Sq Ft:—DOM:39 / 25New:0Total:5
6 Beds
Avg:$3,650Median:$3,650Range:$3,650 – $3,650PSF:—Sq Ft:—DOM:45 / 45New:0Total:1
8 Beds
Avg:$5,000Median:$5,000Range:$5,000 – $5,000PSF:—Sq Ft:—DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,031 | $2,050 | $1,300 – $2,750 | $3 / $3 | 609 / 600 | 72 / 27 | 4 | 26 |
| 1 Beds | $2,046 | $1,850 | $1,300 – $9,185 | $3 / $3 | 694 / 667 | 54 / 27 | 21 | 143 |
| 2 Beds | $2,355 | $2,200 | $1,450 – $8,681 | $3 / $3 | 947 / 865 | 49 / 29 | 22 | 219 |
| 3 Beds | $2,625 | $2,500 | $1,550 – $7,895 | $2 / $2 | 1,312 / 1,200 | 42 / 26 | 16 | 123 |
| 4 Beds | $2,902 | $3,000 | $2,100 – $4,000 | $2 / $2 | 1,528 / 1,400 | 44 / 39 | 4 | 24 |
| 5 Beds | $3,510 | $3,600 | $3,200 – $3,800 | — | — | 39 / 25 | 0 | 5 |
| 6 Beds | $3,650 | $3,650 | $3,650 – $3,650 | — | — | 45 / 45 | 0 | 1 |
| 8 Beds | $5,000 | $5,000 | $5,000 – $5,000 | — | — | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$650,000Median DOM:40New:40Total:159
Apr 2026
Median Price:$679,000Median DOM:28New:53Total:167
May 2026
Median Price:$699,000Median DOM:25New:66Total:194
Jun 2026
Median Price:$695,000Median DOM:29New:59Total:200
Jul 2026
Median Price:$675,000Median DOM:31New:57Total:203
Aug 2026
Median Price:$690,000Median DOM:32New:11Total:196
6-Month Rental Trend
Mar 2026
Median Rent:$2,250Median DOM:33New:126Total:468
Apr 2026
Median Rent:$2,215Median DOM:33New:132Total:465
May 2026
Median Rent:$2,262Median DOM:34New:127Total:448
Jun 2026
Median Rent:$2,250Median DOM:31New:152Total:487
Jul 2026
Median Rent:$2,221Median DOM:30New:192Total:543
Aug 2026
Median Rent:$2,200Median DOM:28New:68Total:542
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory tightened.
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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