ZIP 07012 Housing Market Report

New York Metro

Report period: August 2026

07012 Monthly Market Update – August 2026

ZIP 07012 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$635,000
0.0%
Median DOM (Sales)
27
−27.0%
New Listings (Sales)
5
−54.5%
Median Rent
$2,000
0.0%
Median DOM (Rental)
21
−22.2%
Total Rental Listings
8
0.0%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents were stable.

What's Moving Fastest

  • Fastest selling: Multi-Family (2 DOM)
  • Fastest renting: Single Family (6 DOM)
  • Strongest bedroom: 7 Beds ($1,575,000 median)

Sales Market Overview

Median Price
$635,000
0.0%
Median DOM
27
−27.0%
New Listings
5
−54.5%
Inventory
38
+11.8%
  • Average Price: $715,776
  • Median Price: $635,000
  • Price Range: $424,900 – $1,575,000
  • Price per Sq Ft (Avg/Median): $348 / $310
  • Square Footage (Avg/Median): 3,097 / 2,300
  • Square Footage Range: 1,272 – 7,000
  • Days on Market (Avg/Median): 39 / 27
  • Days on Market Range: 1 – 108
  • New Listings: 5
  • Total Listings: 38

Sales by Property Type

Condo
Avg/Median Price$474,117 / $425,000Range$424,900 – $570,000Price per Sq Ft$310 / $310Sq Ft1,836 / 1,836DOM68 / 67New0Total6
Multi-Family
Avg/Median Price$799,000 / $799,000Range$799,000 – $799,000Price per Sq FtSq FtDOM2 / 2New1Total1
Single Family
Avg/Median Price$767,693 / $677,700Range$549,900 – $1,575,000Price per Sq Ft$352 / $317Sq Ft3,237 / 3,000DOM35 / 22New4Total30
Townhouse
Avg/Median Price$525,000 / $525,000Range$525,000 – $525,000Price per Sq FtSq FtDOM19 / 19New0Total1

Sales by Bedroom Count

2 Beds
Avg:$481,386Median:$429,900Range:$424,900 – $570,000PSF:$310 / $310Sq Ft:1,836 / 1,836DOM:61 / 67New:0Total:7
3 Beds
Avg:$662,111Median:$634,900Range:$549,900 – $849,000PSF:$192 / $132Sq Ft:4,425 / 4,000DOM:36 / 28New:1Total:18
4 Beds
Avg:$846,976Median:$746,000Range:$599,000 – $1,295,000PSF:$533 / $426Sq Ft:1,840 / 1,500DOM:23 / 13New:3Total:9
5 Beds
Avg:$904,667Median:$815,000Range:$799,000 – $1,100,000PSF:$270 / $270Sq Ft:4,070 / 4,070DOM:47 / 56New:1Total:3
7 Beds
Avg:$1,575,000Median:$1,575,000Range:$1,575,000 – $1,575,000PSF:Sq Ft:DOM:66 / 66New:0Total:1

Rental Market Overview

Median Rent
$2,000
0.0%
Median DOM
21
−22.2%
New Listings
1
Inventory
8
0.0%
  • Average Rent: $2,747
  • Median Rent: $2,000
  • Rent Range: $1,695 – $4,350
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 564 / 410
  • Square Footage Range: 407 – 814
  • Days on Market (Avg/Median): 46 / 21
  • Days on Market Range: 6 – 85
  • New Listings: 1
  • Total Listings: 8

Rentals by Property Type

Apartment
$1,890
Median DOM:
Inventory: 4
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$3,850
Median DOM: 6
Inventory: 2
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$2,157 / $1,890Range$1,695 – $3,042Rent per Sq Ft$4 / $4Sq Ft564 / 410DOMNew0Total4
Multi-Family
Avg/Median Rent$2,575 / $2,000Range$2,000 – $3,150Rent per Sq FtSq FtDOM78 / 70New0Total2
Single Family
Avg/Median Rent$4,100 / $3,850Range$3,850 – $4,350Rent per Sq FtSq FtDOM14 / 6New1Total2

Rentals by Bedroom Count

Studio
Avg:$1,862Median:$1,890Range:$1,695 – $2,000PSF:$4 / $4Sq Ft:480 / 410DOM:New:0Total:3
1 Beds
Avg:$3,042Median:$3,042Range:$3,042 – $3,042PSF:$4 / $4Sq Ft:814 / 814DOM:New:0Total:1
2 Beds
Avg:$2,000Median:$2,000Range:$2,000 – $2,000PSF:Sq Ft:DOM:85 / 85New:0Total:1
3 Beds
Avg:$3,500Median:$3,150Range:$3,150 – $3,850PSF:Sq Ft:DOM:38 / 6New:1Total:2
4 Beds
Avg:$4,350Median:$4,350Range:$4,350 – $4,350PSF:Sq Ft:DOM:21 / 21New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$589,900Median DOM:23New:16Total:40
Apr 2026
Median Price:$625,000Median DOM:27New:10Total:42
May 2026
Median Price:$599,999Median DOM:32New:5Total:37
Jun 2026
Median Price:$649,000Median DOM:28New:15Total:36
Jul 2026
Median Price:$635,000Median DOM:37New:11Total:34
Aug 2026
Median Price:$635,000Median DOM:27New:5Total:38

6-Month Rental Trend

Mar 2026
Median Rent:$3,300Median DOM:23New:6Total:15
Apr 2026
Median Rent:$3,082Median DOM:27New:5Total:18
May 2026
Median Rent:$3,082Median DOM:29New:1Total:15
Jun 2026
Median Rent:$3,057Median DOM:40New:1Total:11
Jul 2026
Median Rent:$2,000Median DOM:27New:1Total:8
Aug 2026
Median Rent:$2,000Median DOM:21New:1Total:8

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory was flat.

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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