ZIP 07005 Housing Market Report
New York Metro
Report period: August 2026
07005 Monthly Market Update – August 2026
ZIP 07005 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$789,900
0.0%
Median DOM (Sales)
34
0.0%
New Listings (Sales)
5
−64.3%
Median Rent
$2,600
−7.0%
Median DOM (Rental)
33
+3.1%
Total Rental Listings
38
0.0%
Month-over-Month Movement
Median sale prices were flat. Rents softened.
What's Moving Fastest
- Fastest selling: Condo (23 DOM)
- Fastest renting: Condo (6 DOM)
- Strongest bedroom: 6 Beds ($1,975,000 median)
Sales Market Overview
Median Price
$789,900
0.0%
Median DOM
34
0.0%
New Listings
5
−64.3%
Inventory
74
−6.3%
- Average Price: $890,666
- Median Price: $789,900
- Price Range: $375,000 – $2,400,000
- Price per Sq Ft (Avg/Median): $346 / $343
- Square Footage (Avg/Median): 3,089 / 2,450
- Square Footage Range: 1,800 – 6,000
- Days on Market (Avg/Median): 56 / 34
- Days on Market Range: 2 – 242
- New Listings: 5
- Total Listings: 74
Sales by Property Type
Condo
Avg/Median Price$674,950 / $550,000Range$550,000 – $799,900Price per Sq Ft$344 / $344Sq Ft2,323 / 2,323DOM48 / 23New0Total2
Land
Avg/Median Price$741,000 / $750,000Range$419,000 – $850,000Price per Sq Ft—Sq Ft—DOM170 / 188New0Total9
Multi-Family
Avg/Median Price$1,115,960 / $850,000Range$649,900 – $1,690,000Price per Sq Ft$312 / $282Sq Ft5,466 / 4,933DOM38 / 47New0Total5
Single Family
Avg/Median Price$901,906 / $799,000Range$375,000 – $2,400,000Price per Sq Ft$351 / $347Sq Ft2,823 / 2,450DOM40 / 30New5Total58
Sales by Bedroom Count
2 Beds
Avg:$519,633Median:$550,000Range:$449,900 – $559,000PSF:—Sq Ft:—DOM:85 / 96New:0Total:3
3 Beds
Avg:$647,369Median:$625,000Range:$375,000 – $899,000PSF:$366 / $405Sq Ft:2,003 / 1,975DOM:30 / 21New:2Total:26
4 Beds
Avg:$977,729Median:$875,000Range:$575,000 – $1,900,000PSF:$337 / $333Sq Ft:2,579 / 2,500DOM:36 / 26New:2Total:26
5 Beds
Avg:$1,439,114Median:$1,150,000Range:$650,000 – $2,400,000PSF:$356 / $337Sq Ft:3,637 / 3,660DOM:67 / 39New:1Total:7
6 Beds
Avg:$1,975,000Median:$1,975,000Range:$1,975,000 – $1,975,000PSF:$347 / $347Sq Ft:5,688 / 5,688DOM:51 / 51New:0Total:1
8 Beds
Avg:$1,690,000Median:$1,690,000Range:$1,690,000 – $1,690,000PSF:$312 / $282Sq Ft:5,466 / 4,933DOM:48 / 47New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $519,633 | $550,000 | $449,900 – $559,000 | — | — | 85 / 96 | 0 | 3 |
| 3 Beds | $647,369 | $625,000 | $375,000 – $899,000 | $366 / $405 | 2,003 / 1,975 | 30 / 21 | 2 | 26 |
| 4 Beds | $977,729 | $875,000 | $575,000 – $1,900,000 | $337 / $333 | 2,579 / 2,500 | 36 / 26 | 2 | 26 |
| 5 Beds | $1,439,114 | $1,150,000 | $650,000 – $2,400,000 | $356 / $337 | 3,637 / 3,660 | 67 / 39 | 1 | 7 |
| 6 Beds | $1,975,000 | $1,975,000 | $1,975,000 – $1,975,000 | $347 / $347 | 5,688 / 5,688 | 51 / 51 | 0 | 1 |
| 8 Beds | $1,690,000 | $1,690,000 | $1,690,000 – $1,690,000 | $312 / $282 | 5,466 / 4,933 | 48 / 47 | 0 | 2 |
Rental Market Overview
Median Rent
$2,600
−7.0%
Median DOM
33
+3.1%
New Listings
4
Inventory
38
0.0%
- Average Rent: $2,965
- Median Rent: $2,600
- Rent Range: $1,650 – $7,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,543 / 1,200
- Square Footage Range: 499 – 3,500
- Days on Market (Avg/Median): 53 / 33
- Days on Market Range: 1 – 293
- New Listings: 4
- Total Listings: 38
Rentals by Property Type
Apartment
$2,475
Median DOM: 42
Inventory: 7
MoM: −7.0%
Condo
$2,500
Median DOM: 6
Inventory: 4
MoM: −7.0%
Single Family
$3,800
Median DOM: 30
Inventory: 8
MoM: −7.0%
Townhouse
$3,300
Median DOM: 63
Inventory: 1
MoM: −7.0%
Apartment
Avg/Median Rent$2,679 / $2,475Range$1,935 – $4,300Rent per Sq Ft$3 / $3Sq Ft835 / 900DOM108 / 42New1Total7
Condo
Avg/Median Rent$2,975 / $2,500Range$2,350 – $4,150Rent per Sq Ft$2 / $1Sq Ft2,002 / 1,204DOM24 / 6New1Total4
Multi-Family
Avg/Median Rent$2,436 / $2,450Range$1,700 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,176 / 780DOM46 / 33New1Total18
Single Family
Avg/Median Rent$4,356 / $3,800Range$1,650 – $7,000Rent per Sq Ft$2 / $2Sq Ft2,673 / 3,000DOM40 / 30New1Total8
Townhouse
Avg/Median Rent$3,300 / $3,300Range$3,300 – $3,300Rent per Sq Ft—Sq Ft—DOM63 / 63New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,935Median:$1,935Range:$1,935 – $1,935PSF:$4 / $4Sq Ft:499 / 499DOM:—New:0Total:1
1 Beds
Avg:$1,909Median:$1,900Range:$1,650 – $2,295PSF:$2 / $2Sq Ft:895 / 750DOM:73 / 40New:0Total:5
2 Beds
Avg:$2,350Median:$2,300Range:$1,800 – $3,000PSF:$3 / $3Sq Ft:860 / 900DOM:65 / 19New:1Total:10
3 Beds
Avg:$2,992Median:$2,900Range:$2,350 – $3,900PSF:$2 / $2Sq Ft:1,474 / 1,204DOM:45 / 40New:1Total:15
4 Beds
Avg:$4,775Median:$4,000Range:$2,600 – $7,000PSF:$2 / $1Sq Ft:3,250 / 3,000DOM:34 / 6New:2Total:6
6 Beds
Avg:$4,150Median:$4,150Range:$4,150 – $4,150PSF:$1 / $1Sq Ft:2,800 / 2,800DOM:57 / 57New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,935 | $1,935 | $1,935 – $1,935 | $4 / $4 | 499 / 499 | — | 0 | 1 |
| 1 Beds | $1,909 | $1,900 | $1,650 – $2,295 | $2 / $2 | 895 / 750 | 73 / 40 | 0 | 5 |
| 2 Beds | $2,350 | $2,300 | $1,800 – $3,000 | $3 / $3 | 860 / 900 | 65 / 19 | 1 | 10 |
| 3 Beds | $2,992 | $2,900 | $2,350 – $3,900 | $2 / $2 | 1,474 / 1,204 | 45 / 40 | 1 | 15 |
| 4 Beds | $4,775 | $4,000 | $2,600 – $7,000 | $2 / $1 | 3,250 / 3,000 | 34 / 6 | 2 | 6 |
| 6 Beds | $4,150 | $4,150 | $4,150 – $4,150 | $1 / $1 | 2,800 / 2,800 | 57 / 57 | 0 | 1 |
6-Month Sales Trend
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:$789,900Median DOM:34New:14Total:79
Aug 2026
Median Price:$789,900Median DOM:34New:5Total:74
6-Month Rental Trend
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:$2,795Median DOM:32New:9Total:38
Aug 2026
Median Rent:$2,600Median DOM:33New:4Total:38
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, while total rental inventory was flat.
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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