ZIP 07005 Housing Market Report

New York Metro

Report period: July 2026

07005 Monthly Market Update – July 2026

ZIP 07005 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$799,000
+5.3%
Median DOM (Sales)
30
+15.4%
New Listings (Sales)
3
−88.9%
Median Rent
$2,750
0.0%
Median DOM (Rental)
38
+26.7%
Total Rental Listings
43
+10.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Multi-Family (18 DOM)
  • Fastest renting: Single Family (25 DOM)
  • Strongest bedroom: 5 Beds ($1,999,000 median)

Sales Market Overview

Median Price
$799,000
+5.3%
Median DOM
30
+15.4%
New Listings
3
−88.9%
Inventory
79
+3.9%
  • Average Price: $917,984
  • Median Price: $799,000
  • Price Range: $399,000 – $2,400,000
  • Price per Sq Ft (Avg/Median): $342 / $343
  • Square Footage (Avg/Median): 2,835 / 2,323
  • Square Footage Range: 1,360 – 6,000
  • Days on Market (Avg/Median): 50 / 30
  • Days on Market Range: 2 – 212
  • New Listings: 3
  • Total Listings: 79

Sales by Property Type

Condo
Avg/Median Price$674,950 / $550,000Range$550,000 – $799,900Price per Sq Ft$344 / $344Sq Ft2,323 / 2,323DOM46 / 23New0Total2
Land
Avg/Median Price$741,000 / $750,000Range$419,000 – $850,000Price per Sq FtSq FtDOM143 / 158New0Total9
Multi-Family
Avg/Median Price$1,410,000 / $1,690,000Range$850,000 – $1,690,000Price per Sq Ft$312 / $282Sq Ft5,466 / 4,933DOM20 / 18New0Total3
Single Family
Avg/Median Price$927,259 / $799,000Range$399,000 – $2,400,000Price per Sq Ft$345 / $342Sq Ft2,598 / 2,006DOM38 / 25New3Total65

Sales by Bedroom Count

2 Beds
Avg:$520,975Median:$525,000Range:$449,900 – $559,000PSF:Sq Ft:DOM:43 / 18New:0Total:4
3 Beds
Avg:$680,250Median:$625,000Range:$399,000 – $1,685,000PSF:$365 / $385Sq Ft:1,923 / 1,944DOM:35 / 23New:0Total:30
4 Beds
Avg:$1,013,130Median:$875,000Range:$545,000 – $2,350,000PSF:$320 / $330Sq Ft:2,648 / 2,450DOM:35 / 23New:3Total:28
5 Beds
Avg:$1,862,225Median:$1,999,000Range:$699,900 – $2,400,000PSF:$416 / $416Sq Ft:4,800 / 4,800DOM:100 / 46New:0Total:4
6 Beds
Avg:$2,081,900Median:$1,975,000Range:$1,975,000 – $2,188,800PSF:$347 / $347Sq Ft:5,688 / 5,688DOM:20 / 9New:0Total:2
8 Beds
Avg:$1,690,000Median:$1,690,000Range:$1,690,000 – $1,690,000PSF:$312 / $282Sq Ft:5,466 / 4,933DOM:18 / 17New:0Total:2

Rental Market Overview

Median Rent
$2,750
0.0%
Median DOM
38
+26.7%
New Listings
4
Inventory
43
+10.3%
  • Average Rent: $3,003
  • Median Rent: $2,750
  • Rent Range: $1,700 – $7,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,623 / 1,200
  • Square Footage Range: 499 – 3,500
  • Days on Market (Avg/Median): 56 / 38
  • Days on Market Range: 1 – 263
  • New Listings: 4
  • Total Listings: 43

Rentals by Property Type

Apartment
$2,695
Median DOM: 42
Inventory: 10
MoM: 0.0%
Condo
$2,900
Median DOM: 32
Inventory: 3
MoM: 0.0%
Single Family
$3,800
Median DOM: 25
Inventory: 8
MoM: 0.0%
Townhouse
$3,300
Median DOM: 63
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$2,871 / $2,695Range$2,235 – $4,300Rent per Sq Ft$3 / $2Sq Ft957 / 1,094DOM87 / 42New0Total10
Condo
Avg/Median Rent$3,183 / $2,900Range$2,500 – $4,150Rent per Sq Ft$1 / $1Sq Ft2,800 / 2,800DOM31 / 32New0Total3
Multi-Family
Avg/Median Rent$2,462 / $2,500Range$1,700 – $3,150Rent per Sq Ft$2 / $2Sq Ft1,476 / 1,200DOM54 / 42New2Total21
Single Family
Avg/Median Rent$4,484 / $3,800Range$2,750 – $7,000Rent per Sq Ft$2 / $2Sq Ft2,380 / 1,520DOM33 / 25New2Total8
Townhouse
Avg/Median Rent$3,300 / $3,300Range$3,300 – $3,300Rent per Sq FtSq FtDOM63 / 63New0Total1

Rentals by Bedroom Count

Studio
Avg:$2,235Median:$2,235Range:$2,235 – $2,235PSF:$4 / $4Sq Ft:499 / 499DOM:New:0Total:1
1 Beds
Avg:$1,967Median:$2,000Range:$1,700 – $2,200PSF:Sq Ft:DOM:25 / 25New:0Total:3
2 Beds
Avg:$2,445Median:$2,500Range:$1,800 – $3,000PSF:$2 / $2Sq Ft:1,045 / 1,094DOM:77 / 45New:1Total:15
3 Beds
Avg:$3,046Median:$2,900Range:$2,500 – $3,900PSF:$2 / $2Sq Ft:1,649 / 1,500DOM:48 / 38New:2Total:19
4 Beds
Avg:$5,575Median:$4,300Range:$4,000 – $7,000PSF:$2 / $1Sq Ft:3,250 / 3,000DOM:34 / 10New:1Total:4
6 Beds
Avg:$4,150Median:$4,150Range:$4,150 – $4,150PSF:$1 / $1Sq Ft:2,800 / 2,800DOM:56 / 56New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$799,000Median DOM:35New:12Total:43
Mar 2026
Median Price:$750,000Median DOM:28New:22Total:54
Apr 2026
Median Price:$750,000Median DOM:29New:15Total:59
May 2026
Median Price:$750,000Median DOM:24New:28Total:76
Jun 2026
Median Price:$759,000Median DOM:26New:27Total:76
Jul 2026
Median Price:$799,000Median DOM:30New:3Total:79

6-Month Rental Trend

Feb 2026
Median Rent:$2,700Median DOM:26New:13Total:43
Mar 2026
Median Rent:$2,695Median DOM:46New:6Total:35
Apr 2026
Median Rent:$2,700Median DOM:35New:7Total:35
May 2026
Median Rent:$2,700Median DOM:35New:10Total:32
Jun 2026
Median Rent:$2,750Median DOM:30New:14Total:39
Jul 2026
Median Rent:$2,750Median DOM:38New:4Total:43

Key Market Takeaways

Median sale prices moved higher 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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