ZIP 07008 Housing Market Report
New York Metro
Report period: August 2026
07008 Monthly Market Update – August 2026
ZIP 07008 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$549,999
−0.0%
Median DOM (Sales)
34
−8.1%
New Listings (Sales)
9
−64.0%
Median Rent
$2,400
0.0%
Median DOM (Rental)
47
+11.9%
Total Rental Listings
69
−4.2%
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 (8 DOM)
- Fastest renting: Townhouse (10 DOM)
- Strongest bedroom: Studio ($750,000 median)
Sales Market Overview
Median Price
$549,999
−0.0%
Median DOM
34
−8.1%
New Listings
9
−64.0%
Inventory
94
+4.4%
- Average Price: $527,027
- Median Price: $549,999
- Price Range: $70,000 – $949,000
- Price per Sq Ft (Avg/Median): $358 / $369
- Square Footage (Avg/Median): 1,530 / 1,408
- Square Footage Range: 528 – 7,700
- Days on Market (Avg/Median): 48 / 34
- Days on Market Range: 3 – 195
- New Listings: 9
- Total Listings: 94
Sales by Property Type
Condo
Avg/Median Price$399,999 / $399,999Range$399,999 – $399,999Price per Sq Ft$437 / $437Sq Ft916 / 916DOM68 / 68New0Total1
Manufactured
Avg/Median Price$110,727 / $109,000Range$70,000 – $162,000Price per Sq Ft$188 / $197Sq Ft668 / 588DOM82 / 48New0Total11
Multi-Family
Avg/Median Price$659,124 / $649,999Range$398,999 – $849,999Price per Sq Ft$370 / $376Sq Ft1,945 / 1,736DOM36 / 20New0Total8
Single Family
Avg/Median Price$580,494 / $564,900Range$200,000 – $949,000Price per Sq Ft$380 / $389Sq Ft1,620 / 1,582DOM45 / 34New9Total72
Townhouse
Avg/Median Price$427,000 / $384,000Range$384,000 – $469,999Price per Sq Ft$327 / $293Sq Ft1,334 / 1,064DOM17 / 8New0Total2
Sales by Bedroom Count
Studio
Avg:$729,799Median:$750,000Range:$599,999 – $849,999PSF:$383 / $399Sq Ft:1,979 / 1,736DOM:40 / 24New:0Total:5
1 Beds
Avg:$110,200Median:$109,000Range:$107,000 – $116,000PSF:$193 / $197Sq Ft:576 / 560DOM:63 / 39New:0Total:5
2 Beds
Avg:$299,927Median:$380,000Range:$70,000 – $650,000PSF:$288 / $207Sq Ft:1,128 / 916DOM:54 / 26New:2Total:15
3 Beds
Avg:$533,057Median:$499,999Range:$429,900 – $719,000PSF:$393 / $392Sq Ft:1,344 / 1,286DOM:59 / 49New:1Total:28
4 Beds
Avg:$612,972Median:$619,999Range:$465,000 – $850,000PSF:$371 / $373Sq Ft:1,858 / 1,582DOM:41 / 40New:2Total:29
5 Beds
Avg:$678,325Median:$638,000Range:$499,999 – $949,000PSF:$368 / $358Sq Ft:1,829 / 1,781DOM:30 / 17New:4Total:12
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $729,799 | $750,000 | $599,999 – $849,999 | $383 / $399 | 1,979 / 1,736 | 40 / 24 | 0 | 5 |
| 1 Beds | $110,200 | $109,000 | $107,000 – $116,000 | $193 / $197 | 576 / 560 | 63 / 39 | 0 | 5 |
| 2 Beds | $299,927 | $380,000 | $70,000 – $650,000 | $288 / $207 | 1,128 / 916 | 54 / 26 | 2 | 15 |
| 3 Beds | $533,057 | $499,999 | $429,900 – $719,000 | $393 / $392 | 1,344 / 1,286 | 59 / 49 | 1 | 28 |
| 4 Beds | $612,972 | $619,999 | $465,000 – $850,000 | $371 / $373 | 1,858 / 1,582 | 41 / 40 | 2 | 29 |
| 5 Beds | $678,325 | $638,000 | $499,999 – $949,000 | $368 / $358 | 1,829 / 1,781 | 30 / 17 | 4 | 12 |
Rental Market Overview
Median Rent
$2,400
0.0%
Median DOM
47
+11.9%
New Listings
3
Inventory
69
−4.2%
- Average Rent: $2,540
- Median Rent: $2,400
- Rent Range: $1,600 – $3,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,409 / 1,281
- Square Footage Range: 420 – 3,300
- Days on Market (Avg/Median): 67 / 47
- Days on Market Range: 1 – 363
- New Listings: 3
- Total Listings: 69
Rentals by Property Type
Apartment
$2,200
Median DOM: 50
Inventory: 44
MoM: 0.0%
Condo
$3,000
Median DOM: 27
Inventory: 4
MoM: 0.0%
Single Family
$3,300
Median DOM: 47
Inventory: 13
MoM: 0.0%
Townhouse
$3,000
Median DOM: 10
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$2,310 / $2,200Range$1,600 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,278 / 1,159DOM69 / 50New1Total44
Condo
Avg/Median Rent$2,950 / $3,000Range$2,400 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,790 / 1,603DOM50 / 27New1Total4
Multi-Family
Avg/Median Rent$2,559 / $2,395Range$2,200 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,300 / 1,300DOM143 / 81New0Total5
Single Family
Avg/Median Rent$3,115 / $3,300Range$1,800 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,881 / 1,584DOM41 / 47New0Total13
Townhouse
Avg/Median Rent$2,833 / $3,000Range$2,500 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,178 / 1,178DOM45 / 10New1Total3
Rentals by Bedroom Count
Studio
Avg:$1,900Median:$1,900Range:$1,900 – $1,900PSF:$3 / $3Sq Ft:551 / 551DOM:—New:0Total:1
1 Beds
Avg:$1,929Median:$1,912Range:$1,600 – $2,224PSF:$3 / $3Sq Ft:747 / 780DOM:69 / 36New:0Total:11
2 Beds
Avg:$2,312Median:$2,200Range:$1,800 – $3,000PSF:$2 / $1Sq Ft:1,460 / 1,281DOM:51 / 42New:0Total:32
3 Beds
Avg:$2,853Median:$2,950Range:$2,400 – $3,400PSF:$2 / $2Sq Ft:1,728 / 1,603DOM:83 / 27New:3Total:16
4 Beds
Avg:$3,611Median:$3,700Range:$3,200 – $3,800PSF:$2 / $2Sq Ft:2,262 / 1,902DOM:88 / 50New:0Total:9
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,900 | $1,900 | $1,900 – $1,900 | $3 / $3 | 551 / 551 | — | 0 | 1 |
| 1 Beds | $1,929 | $1,912 | $1,600 – $2,224 | $3 / $3 | 747 / 780 | 69 / 36 | 0 | 11 |
| 2 Beds | $2,312 | $2,200 | $1,800 – $3,000 | $2 / $1 | 1,460 / 1,281 | 51 / 42 | 0 | 32 |
| 3 Beds | $2,853 | $2,950 | $2,400 – $3,400 | $2 / $2 | 1,728 / 1,603 | 83 / 27 | 3 | 16 |
| 4 Beds | $3,611 | $3,700 | $3,200 – $3,800 | $2 / $2 | 2,262 / 1,902 | 88 / 50 | 0 | 9 |
6-Month Sales Trend
Mar 2026
Median Price:$539,900Median DOM:33New:16Total:58
Apr 2026
Median Price:$549,999Median DOM:30New:21Total:65
May 2026
Median Price:$569,900Median DOM:29New:22Total:71
Jun 2026
Median Price:$559,900Median DOM:24New:32Total:83
Jul 2026
Median Price:$550,000Median DOM:37New:25Total:90
Aug 2026
Median Price:$549,999Median DOM:34New:9Total:94
6-Month Rental Trend
Mar 2026
Median Rent:$2,500Median DOM:31New:21Total:61
Apr 2026
Median Rent:$2,500Median DOM:36New:11Total:56
May 2026
Median Rent:$2,400Median DOM:41New:20Total:62
Jun 2026
Median Rent:$2,500Median DOM:35New:16Total:72
Jul 2026
Median Rent:$2,400Median DOM:42New:18Total:72
Aug 2026
Median Rent:$2,400Median DOM:47New:3Total:69
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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