ZIP 07003 Housing Market Report

New York Metro

Report period: May 2026

07003 Monthly Market Update – May 2026

ZIP 07003 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$599,000
−3.2%
Median DOM (Sales)
19
−5.0%
New Listings (Sales)
22
−59.3%
Median Rent
$2,300
0.0%
Median DOM (Rental)
45
+4.7%
Total Rental Listings
209
−0.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (4 DOM)
  • Fastest renting: Condo (29 DOM)
  • Strongest bedroom: 8 Beds ($942,500 median)

Sales Market Overview

Median Price
$599,000
−3.2%
Median DOM
19
−5.0%
New Listings
22
−59.3%
Inventory
139
+6.1%
  • Average Price: $606,547
  • Median Price: $599,000
  • Price Range: $239,000 – $1,200,000
  • Price per Sq Ft (Avg/Median): $366 / $345
  • Square Footage (Avg/Median): 2,368 / 1,643
  • Square Footage Range: 572 – 19,998
  • Days on Market (Avg/Median): 29 / 19
  • Days on Market Range: 2 – 183
  • New Listings: 22
  • Total Listings: 139

Sales by Property Type

Condo
Avg/Median Price$386,181 / $330,000Range$239,000 – $699,000Price per Sq Ft$451 / $418Sq Ft911 / 912DOM27 / 23New4Total21
Land
Avg/Median Price$438,333 / $315,000Range$250,000 – $750,000Price per Sq FtSq FtDOM84 / 67New1Total3
Multi-Family
Avg/Median Price$780,003 / $750,000Range$579,000 – $1,200,000Price per Sq Ft$334 / $322Sq Ft3,180 / 2,000DOM39 / 27New4Total33
Single Family
Avg/Median Price$601,421 / $575,000Range$279,140 – $899,000Price per Sq Ft$361 / $348Sq Ft2,227 / 1,590DOM23 / 17New12Total81
Townhouse
Avg/Median Price$429,999 / $429,999Range$429,999 – $429,999Price per Sq FtSq FtDOM4 / 4New1Total1

Sales by Bedroom Count

1 Beds
Avg:$269,500Median:$265,000Range:$239,000 – $299,000PSF:$358 / $354Sq Ft:720 / 675DOM:20 / 16New:2Total:8
2 Beds
Avg:$475,414Median:$450,000Range:$279,140 – $699,000PSF:$513 / $476Sq Ft:942 / 904DOM:31 / 31New:5Total:19
3 Beds
Avg:$577,398Median:$574,999Range:$299,000 – $849,000PSF:$376 / $387Sq Ft:1,984 / 1,368DOM:20 / 16New:7Total:48
4 Beds
Avg:$654,964Median:$649,900Range:$435,000 – $899,000PSF:$374 / $335Sq Ft:1,830 / 1,785DOM:27 / 18New:5Total:39
5 Beds
Avg:$725,714Median:$780,000Range:$599,000 – $869,000PSF:$191 / $242Sq Ft:8,431 / 3,300DOM:44 / 42New:0Total:7
6 Beds
Avg:$799,857Median:$849,999Range:$600,000 – $895,000PSF:$274 / $320Sq Ft:3,720 / 2,640DOM:44 / 16New:2Total:7
7 Beds
Avg:$764,950Median:$749,900Range:$749,900 – $780,000PSF:$250 / $250Sq Ft:2,997 / 2,997DOM:34 / 16New:0Total:2
8 Beds
Avg:$1,056,417Median:$942,500Range:$899,000 – $1,200,000PSF:$358 / $358Sq Ft:3,350 / 3,350DOM:43 / 35New:0Total:6

Rental Market Overview

Median Rent
$2,300
0.0%
Median DOM
45
+4.7%
New Listings
17
Inventory
209
−0.5%
  • Average Rent: $2,413
  • Median Rent: $2,300
  • Rent Range: $875 – $5,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 941 / 800
  • Square Footage Range: 350 – 3,000
  • Days on Market (Avg/Median): 61 / 45
  • Days on Market Range: 1 – 301
  • New Listings: 17
  • Total Listings: 209

Rentals by Property Type

Apartment
$1,950
Median DOM: 47
Inventory: 59
MoM: 0.0%
Condo
$2,300
Median DOM: 29
Inventory: 13
MoM: 0.0%
Single Family
$2,850
Median DOM: 56
Inventory: 23
MoM: 0.0%
Townhouse
$4,000
Median DOM: 61
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$2,003 / $1,950Range$1,300 – $3,025Rent per Sq Ft$3 / $3Sq Ft762 / 746DOM81 / 47New6Total59
Condo
Avg/Median Rent$2,506 / $2,300Range$1,675 – $3,650Rent per Sq Ft$3 / $3Sq Ft1,103 / 940DOM91 / 29New2Total13
Multi-Family
Avg/Median Rent$2,463 / $2,400Range$1,250 – $3,950Rent per Sq Ft$3 / $3Sq Ft1,000 / 800DOM48 / 36New9Total111
Single Family
Avg/Median Rent$2,933 / $2,850Range$875 – $4,900Rent per Sq Ft$3 / $2Sq Ft1,445 / 1,722DOM73 / 56New0Total23
Townhouse
Avg/Median Rent$4,267 / $4,000Range$3,800 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,810 / 1,700DOM68 / 61New0Total3

Rentals by Bedroom Count

Studio
Avg:$1,749Median:$1,600Range:$1,250 – $2,653PSF:$4 / $4Sq Ft:530 / 500DOM:101 / 89New:1Total:14
1 Beds
Avg:$1,830Median:$1,795Range:$875 – $2,500PSF:$3 / $3Sq Ft:716 / 704DOM:62 / 46New:5Total:64
2 Beds
Avg:$2,482Median:$2,350Range:$1,500 – $5,000PSF:$3 / $3Sq Ft:1,037 / 1,000DOM:62 / 43New:6Total:72
3 Beds
Avg:$2,958Median:$2,900Range:$2,350 – $3,900PSF:$2 / $2Sq Ft:1,492 / 1,320DOM:57 / 41New:5Total:50
4 Beds
Avg:$4,016Median:$3,995Range:$3,000 – $4,900PSF:$2 / $2Sq Ft:2,272 / 2,000DOM:40 / 22New:0Total:9

6-Month Sales Trend

Dec 2025
Median Price:$599,900Median DOM:38New:17Total:104
Jan 2026
Median Price:$620,000Median DOM:40New:26Total:93
Feb 2026
Median Price:$625,000Median DOM:29New:37Total:112
Mar 2026
Median Price:$625,000Median DOM:25New:33Total:116
Apr 2026
Median Price:$619,000Median DOM:20New:54Total:131
May 2026
Median Price:$599,000Median DOM:19New:22Total:139

6-Month Rental Trend

Dec 2025
Median Rent:$2,300Median DOM:45New:42Total:203
Jan 2026
Median Rent:$2,300Median DOM:45New:56Total:206
Feb 2026
Median Rent:$2,300Median DOM:39New:56Total:217
Mar 2026
Median Rent:$2,280Median DOM:45New:46Total:214
Apr 2026
Median Rent:$2,300Median DOM:43New:50Total:210
May 2026
Median Rent:$2,300Median DOM:45New:17Total:209

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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