ZIP 07004 Housing Market Report

New York Metro

Report period: May 2026

07004 Monthly Market Update – May 2026

ZIP 07004 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$849,900
0.0%
Median DOM (Sales)
16
0.0%
New Listings (Sales)
2
−77.8%
Median Rent
$3,010
−8.8%
Median DOM (Rental)
47
−2.1%
Total Rental Listings
7
−22.2%

Month-over-Month Movement

Median sale prices were flat. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (15 DOM)
  • Fastest renting: Single Family (40 DOM)
  • Strongest bedroom: 5 Beds ($995,000 median)

Sales Market Overview

Median Price
$849,900
0.0%
Median DOM
16
0.0%
New Listings
2
−77.8%
Inventory
23
+15.0%
  • Average Price: $856,961
  • Median Price: $849,900
  • Price Range: $50,000 – $1,599,900
  • Price per Sq Ft (Avg/Median): $333 / $307
  • Square Footage (Avg/Median): 2,727 / 2,710
  • Square Footage Range: 1,752 – 3,872
  • Days on Market (Avg/Median): 39 / 16
  • Days on Market Range: 5 – 340
  • New Listings: 2
  • Total Listings: 23

Sales by Property Type

Condo
Avg/Median Price$975,000 / $975,000Range$975,000 – $975,000Price per Sq FtSq FtDOM16 / 16New0Total1
Land
Avg/Median Price$800,000 / $50,000Range$50,000 – $1,550,000Price per Sq FtSq FtDOM225 / 109New0Total2
Single Family
Avg/Median Price$856,755 / $849,900Range$299,900 – $1,599,900Price per Sq Ft$333 / $307Sq Ft2,727 / 2,710DOM22 / 15New2Total20

Sales by Bedroom Count

3 Beds
Avg:$734,686Median:$769,000Range:$299,900 – $1,050,000PSF:$322 / $257Sq Ft:2,231 / 1,752DOM:25 / 16New:1Total:7
4 Beds
Avg:$923,260Median:$725,000Range:$525,000 – $1,599,900PSF:$358 / $413Sq Ft:2,889 / 2,600DOM:19 / 16New:1Total:10
5 Beds
Avg:$961,600Median:$995,000Range:$889,900 – $999,900PSF:$331 / $307Sq Ft:2,850 / 2,800DOM:26 / 12New:0Total:3
6 Beds
Avg:$849,900Median:$849,900Range:$849,900 – $849,900PSF:$284 / $284Sq Ft:2,990 / 2,990DOM:14 / 14New:0Total:1

Rental Market Overview

Median Rent
$3,010
−8.8%
Median DOM
47
−2.1%
New Listings
0
Inventory
7
−22.2%
  • Average Rent: $3,451
  • Median Rent: $3,010
  • Rent Range: $2,450 – $6,500
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 950 / 950
  • Square Footage Range: 950 – 950
  • Days on Market (Avg/Median): 69 / 47
  • Days on Market Range: 26 – 171
  • New Listings: 0
  • Total Listings: 7

Rentals by Property Type

Apartment
$3,010
Median DOM:
Inventory: 1
MoM: −8.8%
Condo
$2,900
Median DOM: 79
Inventory: 2
MoM: −8.8%
Single Family
$2,450
Median DOM: 40
Inventory: 4
MoM: −8.8%
Townhouse
Median DOM:
Inventory:
MoM: −8.8%
Apartment
Avg/Median Rent$3,010 / $3,010Range$3,010 – $3,010Rent per Sq Ft$3 / $3Sq Ft950 / 950DOMNew0Total1
Condo
Avg/Median Rent$3,100 / $2,900Range$2,900 – $3,300Rent per Sq FtSq FtDOM125 / 79New0Total2
Single Family
Avg/Median Rent$3,738 / $2,450Range$2,450 – $6,500Rent per Sq FtSq FtDOM40 / 40New0Total4

Rentals by Bedroom Count

1 Beds
Avg:$2,702Median:$2,450Range:$2,450 – $3,010PSF:$3 / $3Sq Ft:950 / 950DOM:56 / 48New:0Total:4
2 Beds
Avg:$3,300Median:$3,300Range:$3,300 – $3,300PSF:Sq Ft:DOM:171 / 171New:0Total:1
3 Beds
Avg:$5,025Median:$3,550Range:$3,550 – $6,500PSF:Sq Ft:DOM:37 / 26New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$975,000Median DOM:56New:2Total:11
Jan 2026
Median Price:$975,000Median DOM:23New:5Total:14
Feb 2026
Median Price:$779,000Median DOM:36New:1Total:12
Mar 2026
Median Price:$889,900Median DOM:24New:8Total:17
Apr 2026
Median Price:$849,900Median DOM:16New:9Total:20
May 2026
Median Price:$849,900Median DOM:16New:2Total:23

6-Month Rental Trend

Dec 2025
Median Rent:$3,050Median DOM:31New:5Total:14
Jan 2026
Median Rent:$3,050Median DOM:38New:4Total:17
Feb 2026
Median Rent:$3,350Median DOM:33New:2Total:12
Mar 2026
Median Rent:$3,300Median DOM:48New:1Total:10
Apr 2026
Median Rent:$3,300Median DOM:48New:2Total:9
May 2026
Median Rent:$3,010Median DOM:47New:0Total:7

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market were unchanged, signaling steady 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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