ZIP 07008 Housing Market Report
New York Metro
Report period: May 2026
07008 Monthly Market Update – May 2026
ZIP 07008 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$550,000
+0.0%
Median DOM (Sales)
32
+6.7%
New Listings (Sales)
6
−71.4%
Median Rent
$2,500
0.0%
Median DOM (Rental)
33
−8.3%
Total Rental Listings
59
+5.4%
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: Townhouse (5 DOM)
- Fastest renting: Townhouse (11 DOM)
- Strongest bedroom: 6 Beds ($775,900 median)
Sales Market Overview
Median Price
$550,000
+0.0%
Median DOM
32
+6.7%
New Listings
6
−71.4%
Inventory
65
0.0%
- Average Price: $521,124
- Median Price: $550,000
- Price Range: $50,000 – $959,000
- Price per Sq Ft (Avg/Median): $349 / $368
- Square Footage (Avg/Median): 1,605 / 1,540
- Square Footage Range: 560 – 3,339
- Days on Market (Avg/Median): 46 / 32
- Days on Market Range: 5 – 180
- New Listings: 6
- Total Listings: 65
Sales by Property Type
Condo
Avg/Median Price$439,900 / $439,900Range$439,900 – $439,900Price per Sq Ft$274 / $274Sq Ft1,603 / 1,603DOM43 / 43New0Total1
Land
Avg/Median Price$50,000 / $50,000Range$50,000 – $50,000Price per Sq Ft—Sq Ft—DOM93 / 93New0Total1
Manufactured
Avg/Median Price$94,429 / $95,000Range$55,000 – $144,000Price per Sq Ft$169 / $197Sq Ft637 / 588DOM82 / 91New0Total7
Multi-Family
Avg/Median Price$684,243 / $710,000Range$579,900 – $775,900Price per Sq Ft$337 / $307Sq Ft2,169 / 1,886DOM64 / 39New0Total7
Single Family
Avg/Median Price$573,596 / $569,000Range$299,900 – $959,000Price per Sq Ft$372 / $379Sq Ft1,633 / 1,440DOM38 / 21New5Total48
Townhouse
Avg/Median Price$399,900 / $399,900Range$399,900 – $399,900Price per Sq Ft$376 / $376Sq Ft1,064 / 1,064DOM5 / 5New1Total1
Sales by Bedroom Count
Studio
Avg:$657,450Median:$589,900Range:$579,900 – $750,000PSF:$361 / $344Sq Ft:1,896 / 1,886DOM:84 / 27New:0Total:4
1 Beds
Avg:$123,667Median:$116,000Range:$111,000 – $144,000PSF:$198 / $198Sq Ft:625 / 588DOM:84 / 91New:0Total:3
2 Beds
Avg:$180,817Median:$70,000Range:$55,000 – $399,900PSF:$287 / $376Sq Ft:906 / 981DOM:56 / 13New:1Total:6
3 Beds
Avg:$525,046Median:$520,000Range:$299,900 – $649,999PSF:$381 / $386Sq Ft:1,428 / 1,326DOM:36 / 18New:3Total:28
4 Beds
Avg:$600,443Median:$615,000Range:$394,000 – $799,999PSF:$349 / $355Sq Ft:1,799 / 1,584DOM:46 / 38New:2Total:14
5 Beds
Avg:$731,750Median:$739,000Range:$599,000 – $959,000PSF:$354 / $297Sq Ft:2,297 / 2,257DOM:32 / 18New:0Total:8
6 Beds
Avg:$775,900Median:$775,900Range:$775,900 – $775,900PSF:$242 / $242Sq Ft:3,200 / 3,200DOM:39 / 39New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $657,450 | $589,900 | $579,900 – $750,000 | $361 / $344 | 1,896 / 1,886 | 84 / 27 | 0 | 4 |
| 1 Beds | $123,667 | $116,000 | $111,000 – $144,000 | $198 / $198 | 625 / 588 | 84 / 91 | 0 | 3 |
| 2 Beds | $180,817 | $70,000 | $55,000 – $399,900 | $287 / $376 | 906 / 981 | 56 / 13 | 1 | 6 |
| 3 Beds | $525,046 | $520,000 | $299,900 – $649,999 | $381 / $386 | 1,428 / 1,326 | 36 / 18 | 3 | 28 |
| 4 Beds | $600,443 | $615,000 | $394,000 – $799,999 | $349 / $355 | 1,799 / 1,584 | 46 / 38 | 2 | 14 |
| 5 Beds | $731,750 | $739,000 | $599,000 – $959,000 | $354 / $297 | 2,297 / 2,257 | 32 / 18 | 0 | 8 |
| 6 Beds | $775,900 | $775,900 | $775,900 – $775,900 | $242 / $242 | 3,200 / 3,200 | 39 / 39 | 0 | 1 |
Rental Market Overview
Median Rent
$2,500
0.0%
Median DOM
33
−8.3%
New Listings
9
Inventory
59
+5.4%
- Average Rent: $2,516
- Median Rent: $2,500
- Rent Range: $1,500 – $4,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,551 / 1,204
- Square Footage Range: 551 – 6,768
- Days on Market (Avg/Median): 58 / 33
- Days on Market Range: 1 – 337
- New Listings: 9
- Total Listings: 59
Rentals by Property Type
Apartment
$2,300
Median DOM: 31
Inventory: 40
MoM: 0.0%
Condo
$2,500
Median DOM: 60
Inventory: 2
MoM: 0.0%
Single Family
$2,950
Median DOM: 36
Inventory: 13
MoM: 0.0%
Townhouse
$2,700
Median DOM: 11
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$2,285 / $2,300Range$1,500 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,547 / 1,204DOM56 / 31New6Total40
Condo
Avg/Median Rent$2,950 / $2,500Range$2,500 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,976 / 1,976DOM60 / 60New0Total2
Multi-Family
Avg/Median Rent$3,050 / $2,700Range$2,700 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,300 / 1,300DOM255 / 198New0Total2
Single Family
Avg/Median Rent$3,027 / $2,950Range$1,750 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,602 / 1,182DOM38 / 36New2Total13
Townhouse
Avg/Median Rent$2,850 / $2,700Range$2,700 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,178 / 1,178DOM23 / 11New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,890Median:$1,890Range:$1,890 – $1,890PSF:$3 / $3Sq Ft:551 / 551DOM:337 / 337New:0Total:1
1 Beds
Avg:$1,890Median:$1,895Range:$1,500 – $2,224PSF:$2 / $2Sq Ft:1,477 / 780DOM:47 / 24New:0Total:13
2 Beds
Avg:$2,433Median:$2,400Range:$1,750 – $3,200PSF:$2 / $2Sq Ft:1,450 / 1,224DOM:26 / 13New:7Total:19
3 Beds
Avg:$2,740Median:$2,700Range:$2,200 – $3,400PSF:$2 / $1Sq Ft:1,849 / 1,976DOM:69 / 44New:1Total:21
4 Beds
Avg:$3,640Median:$3,500Range:$3,400 – $4,000PSF:$3 / $2Sq Ft:1,460 / 1,018DOM:96 / 36New:1Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,890 | $1,890 | $1,890 – $1,890 | $3 / $3 | 551 / 551 | 337 / 337 | 0 | 1 |
| 1 Beds | $1,890 | $1,895 | $1,500 – $2,224 | $2 / $2 | 1,477 / 780 | 47 / 24 | 0 | 13 |
| 2 Beds | $2,433 | $2,400 | $1,750 – $3,200 | $2 / $2 | 1,450 / 1,224 | 26 / 13 | 7 | 19 |
| 3 Beds | $2,740 | $2,700 | $2,200 – $3,400 | $2 / $1 | 1,849 / 1,976 | 69 / 44 | 1 | 21 |
| 4 Beds | $3,640 | $3,500 | $3,400 – $4,000 | $3 / $2 | 1,460 / 1,018 | 96 / 36 | 1 | 5 |
6-Month Sales Trend
Dec 2025
Median Price:$525,999Median DOM:70New:11Total:74
Jan 2026
Median Price:$499,999Median DOM:57New:18Total:75
Feb 2026
Median Price:$515,000Median DOM:32New:16Total:56
Mar 2026
Median Price:$539,900Median DOM:33New:16Total:58
Apr 2026
Median Price:$549,999Median DOM:30New:21Total:65
May 2026
Median Price:$550,000Median DOM:32New:6Total:65
6-Month Rental Trend
Dec 2025
Median Rent:$2,700Median DOM:56New:17Total:64
Jan 2026
Median Rent:$2,700Median DOM:61New:9Total:61
Feb 2026
Median Rent:$2,500Median DOM:59New:10Total:63
Mar 2026
Median Rent:$2,500Median DOM:31New:21Total:61
Apr 2026
Median Rent:$2,500Median DOM:36New:11Total:56
May 2026
Median Rent:$2,500Median DOM:33New:9Total:59
Key Market Takeaways
Median sale prices moved higher this month while inventory remained stable. 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.
070010700207003070040700507006070080700907010070110701207013070140701607017070180702007021070220702307024070260702807029070300703107032070330703407035+107 more
← Back to New York Metro