ZIP 07009 Housing Market Report

New York Metro

Report period: May 2026

07009 Monthly Market Update – May 2026

ZIP 07009 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$799,000
+1.3%
Median DOM (Sales)
16
+14.3%
New Listings (Sales)
3
−87.0%
Median Rent
$3,750
+4.2%
Median DOM (Rental)
32
−5.9%
Total Rental Listings
29
+20.8%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Condo (9 DOM)
  • Fastest renting: Condo (16 DOM)
  • Strongest bedroom: 8 Beds ($6,950,000 median)

Sales Market Overview

Median Price
$799,000
+1.3%
Median DOM
16
+14.3%
New Listings
3
−87.0%
Inventory
44
0.0%
  • Average Price: $1,027,794
  • Median Price: $799,000
  • Price Range: $479,900 – $6,950,000
  • Price per Sq Ft (Avg/Median): $354 / $343
  • Square Footage (Avg/Median): 4,976 / 3,648
  • Square Footage Range: 1,344 – 14,000
  • Days on Market (Avg/Median): 29 / 16
  • Days on Market Range: 2 – 228
  • New Listings: 3
  • Total Listings: 44

Sales by Property Type

Condo
Avg/Median Price$990,862 / $779,000Range$749,900 – $1,250,000Price per Sq Ft$325 / $307Sq Ft3,774 / 3,648DOM13 / 9New1Total8
Land
Avg/Median Price$1,200,000 / $1,200,000Range$1,200,000 – $1,200,000Price per Sq FtSq FtDOM144 / 144New0Total1
Multi-Family
Avg/Median Price$1,074,955 / $949,910Range$949,910 – $1,200,000Price per Sq Ft$327 / $300Sq Ft3,339 / 2,678DOM29 / 23New0Total2
Single Family
Avg/Median Price$1,047,571 / $772,800Range$479,900 – $6,950,000Price per Sq Ft$381 / $439Sq Ft6,396 / 2,392DOM30 / 15New2Total30
Townhouse
Avg/Median Price$839,667 / $760,000Range$760,000 – $999,000Price per Sq FtSq FtDOM30 / 30New0Total3

Sales by Bedroom Count

2 Beds
Avg:$749,967Median:$750,000Range:$749,900 – $750,000PSF:Sq Ft:DOM:24 / 29New:0Total:3
3 Beds
Avg:$756,232Median:$760,000Range:$479,900 – $999,000PSF:$294 / $127Sq Ft:4,597 / 1,344DOM:18 / 17New:2Total:19
4 Beds
Avg:$917,116Median:$839,000Range:$599,000 – $1,499,000PSF:$325 / $307Sq Ft:3,774 / 3,648DOM:26 / 11New:1Total:15
5 Beds
Avg:$949,910Median:$949,910Range:$949,910 – $949,910PSF:$355 / $355Sq Ft:2,678 / 2,678DOM:34 / 34New:0Total:1
6 Beds
Avg:$1,437,000Median:$1,200,000Range:$1,050,000 – $1,999,000PSF:$369 / $300Sq Ft:3,196 / 2,392DOM:17 / 15New:0Total:4
8 Beds
Avg:$6,950,000Median:$6,950,000Range:$6,950,000 – $6,950,000PSF:$496 / $496Sq Ft:14,000 / 14,000DOM:228 / 228New:0Total:1

Rental Market Overview

Median Rent
$3,750
+4.2%
Median DOM
32
−5.9%
New Listings
6
Inventory
29
+20.8%
  • Average Rent: $3,669
  • Median Rent: $3,750
  • Rent Range: $1,200 – $5,500
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,402 / 1,400
  • Square Footage Range: 750 – 1,949
  • Days on Market (Avg/Median): 49 / 32
  • Days on Market Range: 1 – 229
  • New Listings: 6
  • Total Listings: 29

Rentals by Property Type

Apartment
$4,300
Median DOM: 23
Inventory: 12
MoM: +4.2%
Condo
$3,500
Median DOM: 16
Inventory: 9
MoM: +4.2%
Single Family
$4,000
Median DOM: 78
Inventory: 3
MoM: +4.2%
Townhouse
$5,500
Median DOM: 40
Inventory: 1
MoM: +4.2%
Apartment
Avg/Median Rent$3,637 / $4,300Range$1,200 – $4,450Rent per Sq Ft$3 / $3Sq Ft1,389 / 1,400DOM44 / 23New3Total12
Condo
Avg/Median Rent$3,422 / $3,500Range$2,100 – $4,300Rent per Sq Ft$3 / $3Sq Ft1,366 / 1,400DOM36 / 16New2Total9
Multi-Family
Avg/Median Rent$3,621 / $3,600Range$3,400 – $3,885Rent per Sq Ft$3 / $3Sq Ft1,200 / 1,200DOM67 / 70New0Total4
Single Family
Avg/Median Rent$3,987 / $4,000Range$3,200 – $4,760Rent per Sq Ft$3 / $3Sq Ft1,588 / 1,550DOM82 / 78New1Total3
Townhouse
Avg/Median Rent$5,500 / $5,500Range$5,500 – $5,500Rent per Sq FtSq FtDOM40 / 40New0Total1

Rentals by Bedroom Count

1 Beds
Avg:$1,911Median:$2,100Range:$1,200 – $2,195PSF:$3 / $3Sq Ft:750 / 750DOM:84 / 23New:0Total:4
2 Beds
Avg:$3,980Median:$4,000Range:$3,000 – $4,450PSF:$3 / $3Sq Ft:1,585 / 1,550DOM:44 / 21New:4Total:18
3 Beds
Avg:$3,873Median:$3,600Range:$2,500 – $5,500PSF:$3 / $3Sq Ft:1,413 / 1,200DOM:45 / 40New:2Total:7

6-Month Sales Trend

Dec 2025
Median Price:$775,000Median DOM:40New:3Total:29
Jan 2026
Median Price:$849,000Median DOM:22New:11Total:26
Feb 2026
Median Price:$875,000Median DOM:16New:15Total:33
Mar 2026
Median Price:$839,000Median DOM:19New:12Total:41
Apr 2026
Median Price:$789,000Median DOM:14New:23Total:44
May 2026
Median Price:$799,000Median DOM:16New:3Total:44

6-Month Rental Trend

Dec 2025
Median Rent:$2,400Median DOM:50New:3Total:16
Jan 2026
Median Rent:$3,950Median DOM:56New:1Total:13
Feb 2026
Median Rent:$3,400Median DOM:20New:6Total:14
Mar 2026
Median Rent:$3,700Median DOM:24New:9Total:20
Apr 2026
Median Rent:$3,600Median DOM:34New:6Total:24
May 2026
Median Rent:$3,750Median DOM:32New:6Total:29

Key Market Takeaways

Median sale prices moved higher this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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