ZIP 07011 Housing Market Report

New York Metro

Report period: August 2026

07011 Monthly Market Update – August 2026

ZIP 07011 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$589,000
+2.4%
Median DOM (Sales)
29
+3.6%
New Listings (Sales)
7
−79.4%
Median Rent
$2,300
+4.5%
Median DOM (Rental)
33
0.0%
Total Rental Listings
109
+0.9%

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: Single Family (28 DOM)
  • Fastest renting: Single Family (21 DOM)
  • Strongest bedroom: 7 Beds ($850,000 median)

Sales Market Overview

Median Price
$589,000
+2.4%
Median DOM
29
+3.6%
New Listings
7
−79.4%
Inventory
94
+4.4%
  • Average Price: $604,708
  • Median Price: $589,000
  • Price Range: $199,000 – $1,099,000
  • Price per Sq Ft (Avg/Median): $327 / $316
  • Square Footage (Avg/Median): 2,421 / 1,900
  • Square Footage Range: 825 – 10,998
  • Days on Market (Avg/Median): 39 / 29
  • Days on Market Range: 2 – 144
  • New Listings: 7
  • Total Listings: 94

Sales by Property Type

Condo
Avg/Median Price$254,283 / $249,900Range$239,000 – $269,000Price per Sq Ft$314 / $303Sq Ft825 / 825DOM64 / 62New0Total6
Multi-Family
Avg/Median Price$705,396 / $745,000Range$369,900 – $949,900Price per Sq Ft$324 / $365Sq Ft2,989 / 2,000DOM44 / 31New3Total27
Single Family
Avg/Median Price$594,610 / $570,000Range$199,000 – $1,099,000Price per Sq Ft$332 / $316Sq Ft2,229 / 1,900DOM34 / 28New4Total61

Sales by Bedroom Count

1 Beds
Avg:$256,475Median:$249,900Range:$239,000 – $269,000PSF:$314 / $303Sq Ft:825 / 825DOM:86 / 78New:0Total:4
2 Beds
Avg:$422,422Median:$450,000Range:$249,900 – $550,000PSF:$43 / $43Sq Ft:10,998 / 10,998DOM:30 / 29New:0Total:9
3 Beds
Avg:$583,938Median:$570,000Range:$199,000 – $775,000PSF:$381 / $422Sq Ft:1,862 / 1,802DOM:41 / 31New:2Total:37
4 Beds
Avg:$617,100Median:$585,000Range:$369,900 – $799,900PSF:$309 / $313Sq Ft:2,046 / 1,900DOM:32 / 21New:2Total:25
5 Beds
Avg:$731,778Median:$729,000Range:$595,000 – $875,000PSF:$434 / $434Sq Ft:1,496 / 1,496DOM:54 / 53New:1Total:9
6 Beds
Avg:$838,411Median:$799,900Range:$675,000 – $1,099,000PSF:$311 / $287Sq Ft:2,847 / 2,789DOM:23 / 28New:2Total:9
7 Beds
Avg:$850,000Median:$850,000Range:$850,000 – $850,000PSF:Sq Ft:DOM:18 / 18New:0Total:1

Rental Market Overview

Median Rent
$2,300
+4.5%
Median DOM
33
0.0%
New Listings
8
Inventory
109
+0.9%
  • Average Rent: $2,396
  • Median Rent: $2,300
  • Rent Range: $1,150 – $5,990
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 972 / 800
  • Square Footage Range: 400 – 2,000
  • Days on Market (Avg/Median): 53 / 33
  • Days on Market Range: 1 – 263
  • New Listings: 8
  • Total Listings: 109

Rentals by Property Type

Apartment
$1,800
Median DOM: 43
Inventory: 14
MoM: +4.5%
Condo
$2,150
Median DOM: 39
Inventory: 12
MoM: +4.5%
Single Family
$3,300
Median DOM: 21
Inventory: 15
MoM: +4.5%
Townhouse
Median DOM:
Inventory:
MoM: +4.5%
Apartment
Avg/Median Rent$1,852 / $1,800Range$1,300 – $2,700Rent per Sq Ft$3 / $3Sq Ft1,018 / 750DOM78 / 43New0Total14
Condo
Avg/Median Rent$2,643 / $2,150Range$1,150 – $5,990Rent per Sq Ft$2 / $2Sq Ft1,038 / 825DOM89 / 39New1Total12
Multi-Family
Avg/Median Rent$2,322 / $2,300Range$1,200 – $3,600Rent per Sq Ft$3 / $3Sq Ft912 / 800DOM47 / 33New5Total68
Single Family
Avg/Median Rent$3,043 / $3,300Range$1,350 – $4,500Rent per Sq Ft$3 / $2Sq Ft1,017 / 1,000DOM29 / 21New2Total15

Rentals by Bedroom Count

Studio
Avg:$1,556Median:$1,200Range:$1,200 – $1,911PSF:$3 / $3Sq Ft:573 / 573DOM:108 / 21New:0Total:2
1 Beds
Avg:$1,709Median:$1,800Range:$1,150 – $2,150PSF:$2 / $3Sq Ft:941 / 800DOM:37 / 18New:2Total:27
2 Beds
Avg:$2,292Median:$2,200Range:$1,600 – $3,300PSF:$3 / $3Sq Ft:787 / 800DOM:57 / 37New:1Total:43
3 Beds
Avg:$2,876Median:$2,800Range:$2,200 – $4,500PSF:$2 / $2Sq Ft:1,412 / 1,200DOM:59 / 32New:5Total:29
4 Beds
Avg:$3,610Median:$3,600Range:$3,000 – $4,250PSF:Sq Ft:DOM:38 / 32New:0Total:5
5 Beds
Avg:$3,980Median:$3,000Range:$2,950 – $5,990PSF:$3 / $3Sq Ft:1,200 / 1,200DOM:40 / 34New:0Total:3

6-Month Sales Trend

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:27New:21Total:66
Jun 2026
Median Price:$599,000Median DOM:32New:25Total:70
Jul 2026
Median Price:$575,000Median DOM:28New:34Total:90
Aug 2026
Median Price:$589,000Median DOM:29New:7Total:94

6-Month Rental Trend

Mar 2026
Median Rent:$2,400Median DOM:36New:29Total:150
Apr 2026
Median Rent:$2,450Median DOM:42New:17Total:110
May 2026
Median Rent:$2,400Median DOM:47New:19Total:92
Jun 2026
Median Rent:$2,400Median DOM:35New:35Total:97
Jul 2026
Median Rent:$2,200Median DOM:33New:36Total:108
Aug 2026
Median Rent:$2,300Median DOM:33New:8Total:109

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. 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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