ZIP 07014 Housing Market Report

New York Metro

Report period: May 2026

07014 Monthly Market Update – May 2026

ZIP 07014 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$575,000
0.0%
Median DOM (Sales)
15
−25.0%
New Listings (Sales)
4
−33.3%
Median Rent
$2,800
−6.7%
Median DOM (Rental)
37
+48.0%
Total Rental Listings
18
−5.3%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (10 DOM)
  • Fastest renting: Townhouse (29 DOM)
  • Strongest bedroom: 7 Beds ($998,000 median)

Sales Market Overview

Median Price
$575,000
0.0%
Median DOM
15
−25.0%
New Listings
4
−33.3%
Inventory
21
+31.3%
  • Average Price: $658,271
  • Median Price: $575,000
  • Price Range: $399,900 – $1,125,000
  • Price per Sq Ft (Avg/Median): $322 / $349
  • Square Footage (Avg/Median): 4,140 / 1,487
  • Square Footage Range: 1,140 – 19,998
  • Days on Market (Avg/Median): 34 / 15
  • Days on Market Range: 5 – 161
  • New Listings: 4
  • Total Listings: 21

Sales by Property Type

Condo
Avg/Median Price$495,986 / $519,000Range$399,900 – $575,000Price per Sq Ft$361 / $351Sq Ft1,359 / 1,450DOM35 / 14New2Total7
Multi-Family
Avg/Median Price$900,667 / $945,000Range$759,000 – $998,000Price per Sq Ft$227 / $315Sq Ft8,466 / 3,000DOM10 / 10New1Total3
Single Family
Avg/Median Price$695,436 / $600,000Range$499,000 – $1,125,000Price per Sq Ft$405 / $383Sq Ft1,823 / 1,228DOM40 / 20New1Total11

Sales by Bedroom Count

2 Beds
Avg:$499,612Median:$519,000Range:$399,900 – $575,000PSF:$378 / $351Sq Ft:1,326 / 1,228DOM:32 / 12New:2Total:8
3 Beds
Avg:$542,667Median:$529,000Range:$499,000 – $600,000PSF:Sq Ft:DOM:20 / 20New:0Total:3
4 Beds
Avg:$700,967Median:$649,000Range:$499,000 – $899,900PSF:$316 / $316Sq Ft:2,400 / 2,400DOM:19 / 14New:2Total:6
5 Beds
Avg:$1,025,000Median:$925,000Range:$925,000 – $1,125,000PSF:$383 / $383Sq Ft:2,418 / 2,418DOM:133 / 104New:0Total:2
6 Beds
Avg:$945,000Median:$945,000Range:$945,000 – $945,000PSF:$315 / $315Sq Ft:3,000 / 3,000DOM:15 / 15New:0Total:1
7 Beds
Avg:$998,000Median:$998,000Range:$998,000 – $998,000PSF:$50 / $50Sq Ft:19,998 / 19,998DOM:10 / 10New:0Total:1

Rental Market Overview

Median Rent
$2,800
−6.7%
Median DOM
37
+48.0%
New Listings
1
Inventory
18
−5.3%
  • Average Rent: $2,847
  • Median Rent: $2,800
  • Rent Range: $1,800 – $3,850
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,262 / 1,400
  • Square Footage Range: 750 – 1,450
  • Days on Market (Avg/Median): 45 / 37
  • Days on Market Range: 12 – 116
  • New Listings: 1
  • Total Listings: 18

Rentals by Property Type

Apartment
$2,250
Median DOM: 116
Inventory: 1
MoM: −6.7%
Condo
$2,800
Median DOM: 32
Inventory: 2
MoM: −6.7%
Single Family
$3,300
Median DOM: 40
Inventory: 3
MoM: −6.7%
Townhouse
$3,400
Median DOM: 29
Inventory: 2
MoM: −6.7%
Apartment
Avg/Median Rent$2,250 / $2,250Range$2,250 – $2,250Rent per Sq FtSq FtDOM116 / 116New0Total1
Condo
Avg/Median Rent$2,925 / $2,800Range$2,800 – $3,050Rent per Sq Ft$2 / $2Sq Ft1,400 / 1,400DOM59 / 32New0Total2
Multi-Family
Avg/Median Rent$2,610 / $2,400Range$1,800 – $3,500Rent per Sq FtSq FtDOM39 / 37New1Total10
Single Family
Avg/Median Rent$3,383 / $3,300Range$3,000 – $3,850Rent per Sq Ft$4 / $4Sq Ft750 / 750DOM40 / 40New0Total3
Townhouse
Avg/Median Rent$3,450 / $3,400Range$3,400 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,450 / 1,450DOM30 / 29New0Total2

Rentals by Bedroom Count

2 Beds
Avg:$2,731Median:$2,600Range:$1,800 – $3,500PSF:$3 / $2Sq Ft:1,262 / 1,400DOM:42 / 32New:1Total:13
3 Beds
Avg:$2,867Median:$2,900Range:$2,700 – $3,000PSF:Sq Ft:DOM:55 / 71New:0Total:3
4 Beds
Avg:$3,575Median:$3,300Range:$3,300 – $3,850PSF:Sq Ft:DOM:46 / 40New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$584,000Median DOM:29New:8Total:24
Jan 2026
Median Price:$559,999Median DOM:24New:6Total:21
Feb 2026
Median Price:$549,999Median DOM:22New:2Total:16
Mar 2026
Median Price:$560,000Median DOM:20New:5Total:11
Apr 2026
Median Price:$575,000Median DOM:20New:6Total:16
May 2026
Median Price:$575,000Median DOM:15New:4Total:21

6-Month Rental Trend

Dec 2025
Median Rent:$3,200Median DOM:30New:5Total:11
Jan 2026
Median Rent:$2,950Median DOM:22New:5Total:12
Feb 2026
Median Rent:$2,950Median DOM:32New:1Total:12
Mar 2026
Median Rent:$2,900Median DOM:26New:7Total:16
Apr 2026
Median Rent:$3,000Median DOM:25New:7Total:19
May 2026
Median Rent:$2,800Median DOM:37New:1Total:18

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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