ZIP 07011 Housing Market Report

New York Metro

Report period: May 2026

07011 Monthly Market Update – May 2026

ZIP 07011 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$599,000
+0.5%
Median DOM (Sales)
25
−10.7%
New Listings (Sales)
9
−52.6%
Median Rent
$2,450
0.0%
Median DOM (Rental)
46
+9.5%
Total Rental Listings
95
−13.6%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Land (6 DOM)
  • Fastest renting: Condo (22 DOM)
  • Strongest bedroom: 6 Beds ($799,900 median)

Sales Market Overview

Median Price
$599,000
+0.5%
Median DOM
25
−10.7%
New Listings
9
−52.6%
Inventory
66
+6.5%
  • Average Price: $597,333
  • Median Price: $599,000
  • Price Range: $199,000 – $1,099,000
  • Price per Sq Ft (Avg/Median): $377 / $368
  • Square Footage (Avg/Median): 1,830 / 1,750
  • Square Footage Range: 825 – 3,500
  • Days on Market (Avg/Median): 40 / 25
  • Days on Market Range: 3 – 259
  • New Listings: 9
  • Total Listings: 66

Sales by Property Type

Condo
Avg/Median Price$256,725 / $249,900Range$239,000 – $269,000Price per Sq Ft$314 / $303Sq Ft825 / 825DOM33 / 26New1Total4
Land
Avg/Median Price$199,000 / $199,000Range$199,000 – $199,000Price per Sq FtSq FtDOM6 / 6New1Total1
Multi-Family
Avg/Median Price$710,410 / $699,999Range$575,000 – $875,000Price per Sq Ft$387 / $400Sq Ft1,903 / 1,840DOM43 / 28New1Total19
Single Family
Avg/Median Price$588,102 / $575,000Range$379,900 – $1,099,000Price per Sq Ft$388 / $399Sq Ft2,130 / 1,600DOM41 / 24New6Total42

Sales by Bedroom Count

1 Beds
Avg:$256,725Median:$249,900Range:$239,000 – $269,000PSF:$314 / $303Sq Ft:825 / 825DOM:33 / 26New:1Total:4
2 Beds
Avg:$468,300Median:$499,999Range:$379,900 – $525,000PSF:Sq Ft:DOM:102 / 24New:0Total:3
3 Beds
Avg:$592,529Median:$575,000Range:$439,000 – $849,998PSF:$417 / $399Sq Ft:1,668 / 1,500DOM:35 / 24New:5Total:24
4 Beds
Avg:$614,462Median:$599,000Range:$399,000 – $875,000PSF:$337 / $313Sq Ft:2,098 / 1,840DOM:39 / 26New:1Total:21
5 Beds
Avg:$680,211Median:$699,999Range:$575,000 – $749,000PSF:$423 / $434Sq Ft:1,665 / 1,600DOM:56 / 16New:0Total:9
6 Beds
Avg:$886,725Median:$799,900Range:$799,000 – $1,099,000PSF:$400 / $400Sq Ft:2,417 / 2,000DOM:20 / 12New:1Total:4

Rental Market Overview

Median Rent
$2,450
0.0%
Median DOM
46
+9.5%
New Listings
5
Inventory
95
−13.6%
  • Average Rent: $2,441
  • Median Rent: $2,450
  • Rent Range: $1,350 – $4,200
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,030 / 800
  • Square Footage Range: 530 – 2,000
  • Days on Market (Avg/Median): 58 / 46
  • Days on Market Range: 4 – 210
  • New Listings: 5
  • Total Listings: 95

Rentals by Property Type

Apartment
$2,159
Median DOM: 47
Inventory: 24
MoM: 0.0%
Condo
$1,950
Median DOM: 22
Inventory: 2
MoM: 0.0%
Single Family
$3,100
Median DOM: 41
Inventory: 13
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$2,235 / $2,159Range$1,350 – $3,750Rent per Sq Ft$3 / $3Sq Ft994 / 900DOM62 / 47New1Total24
Condo
Avg/Median Rent$2,300 / $1,950Range$1,950 – $2,650Rent per Sq FtSq FtDOM53 / 22New0Total2
Multi-Family
Avg/Median Rent$2,397 / $2,450Range$1,600 – $3,200Rent per Sq Ft$3 / $3Sq Ft1,068 / 800DOM59 / 47New3Total56
Single Family
Avg/Median Rent$3,035 / $3,100Range$1,750 – $4,200Rent per Sq Ft$2 / $3Sq Ft1,049 / 850DOM49 / 41New1Total13

Rentals by Bedroom Count

Studio
Avg:$2,103Median:$2,159Range:$1,800 – $2,350PSF:$3 / $3Sq Ft:658 / 573DOM:106 / 104New:0Total:3
1 Beds
Avg:$1,667Median:$1,700Range:$1,350 – $2,150PSF:$3 / $3Sq Ft:743 / 800DOM:37 / 38New:1Total:15
2 Beds
Avg:$2,309Median:$2,350Range:$1,500 – $3,200PSF:$3 / $3Sq Ft:926 / 800DOM:60 / 46New:4Total:37
3 Beds
Avg:$2,771Median:$2,700Range:$1,800 – $4,200PSF:$2 / $1Sq Ft:1,516 / 1,200DOM:58 / 49New:0Total:33
4 Beds
Avg:$3,382Median:$3,095Range:$2,700 – $4,000PSF:$2 / $2Sq Ft:2,000 / 2,000DOM:83 / 63New:0Total:6
5 Beds
Avg:$3,400Median:$3,400Range:$3,400 – $3,400PSF:Sq Ft:DOM:54 / 54New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$599,000Median DOM:32New:11Total:54
Jan 2026
Median Price:$599,000Median DOM:26New:23Total:53
Feb 2026
Median Price:$599,000Median DOM:27New:12Total:54
Mar 2026
Median Price:$599,000Median DOM:26New:20Total:63
Apr 2026
Median Price:$595,900Median DOM:28New:19Total:62
May 2026
Median Price:$599,000Median DOM:25New:9Total:66

6-Month Rental Trend

Dec 2025
Median Rent:$2,350Median DOM:37New:38Total:122
Jan 2026
Median Rent:$2,300Median DOM:32New:49Total:132
Feb 2026
Median Rent:$2,400Median DOM:39New:37Total:142
Mar 2026
Median Rent:$2,400Median DOM:36New:29Total:150
Apr 2026
Median Rent:$2,450Median DOM:42New:17Total:110
May 2026
Median Rent:$2,450Median DOM:46New:5Total:95

Key Market Takeaways

Median sale prices moved higher 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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