ZIP 07020 Housing Market Report

New York Metro

Report period: May 2026

07020 Monthly Market Update – May 2026

ZIP 07020 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$699,900
−5.3%
Median DOM (Sales)
39
−7.1%
New Listings (Sales)
8
−76.5%
Median Rent
$3,165
+2.1%
Median DOM (Rental)
46
+15.0%
Total Rental Listings
182
+1.1%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Multi-Family (20 DOM)
  • Fastest renting: Single Family (24 DOM)
  • Strongest bedroom: 4 Beds ($1,648,000 median)

Sales Market Overview

Median Price
$699,900
−5.3%
Median DOM
39
−7.1%
New Listings
8
−76.5%
Inventory
126
+5.9%
  • Average Price: $1,032,034
  • Median Price: $699,900
  • Price Range: $199,000 – $3,500,000
  • Price per Sq Ft (Avg/Median): $556 / $480
  • Square Footage (Avg/Median): 1,983 / 1,500
  • Square Footage Range: 742 – 5,200
  • Days on Market (Avg/Median): 61 / 39
  • Days on Market Range: 2 – 290
  • New Listings: 8
  • Total Listings: 126

Sales by Property Type

Condo
Avg/Median Price$738,408 / $618,000Range$199,000 – $2,750,000Price per Sq Ft$594 / $519Sq Ft1,361 / 1,325DOM62 / 41New4Total84
Land
Avg/Median Price$2,633,000 / $3,299,000Range$999,000 – $3,500,000Price per Sq FtSq FtDOM129 / 173New1Total6
Multi-Family
Avg/Median Price$1,115,200 / $1,100,000Range$879,999 – $1,298,000Price per Sq FtSq FtDOM32 / 20New0Total5
Single Family
Avg/Median Price$1,866,800 / $1,999,000Range$865,000 – $3,495,000Price per Sq FtSq FtDOM46 / 31New1Total5
Townhouse
Avg/Median Price$1,434,692 / $1,499,000Range$443,000 – $2,995,000Price per Sq Ft$470 / $468Sq Ft3,351 / 3,200DOM52 / 31New2Total26

Sales by Bedroom Count

Studio
Avg:$339,444Median:$290,000Range:$290,000 – $388,888PSF:Sq Ft:DOM:6 / 3New:2Total:2
1 Beds
Avg:$472,128Median:$449,000Range:$199,000 – $898,000PSF:$541 / $462Sq Ft:904 / 850DOM:68 / 52New:1Total:28
2 Beds
Avg:$718,929Median:$629,000Range:$499,900 – $1,899,000PSF:$584 / $467Sq Ft:1,495 / 1,495DOM:62 / 25New:1Total:44
3 Beds
Avg:$1,138,845Median:$899,999Range:$699,900 – $1,999,000PSF:$640 / $630Sq Ft:2,077 / 1,696DOM:46 / 39New:1Total:20
4 Beds
Avg:$1,754,318Median:$1,648,000Range:$879,999 – $3,495,000PSF:$448 / $419Sq Ft:3,819 / 3,200DOM:47 / 31New:2Total:22
5 Beds
Avg:$1,833,750Median:$1,620,000Range:$1,100,000 – $2,995,000PSF:Sq Ft:DOM:91 / 59New:0Total:4

Rental Market Overview

Median Rent
$3,165
+2.1%
Median DOM
46
+15.0%
New Listings
23
Inventory
182
+1.1%
  • Average Rent: $3,650
  • Median Rent: $3,165
  • Rent Range: $1,550 – $9,500
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,130 / 907
  • Square Footage Range: 515 – 3,500
  • Days on Market (Avg/Median): 61 / 46
  • Days on Market Range: 1 – 284
  • New Listings: 23
  • Total Listings: 182

Rentals by Property Type

Apartment
$2,700
Median DOM: 71
Inventory: 64
MoM: +2.1%
Condo
$2,880
Median DOM: 45
Inventory: 6
MoM: +2.1%
Single Family
$2,650
Median DOM: 24
Inventory: 4
MoM: +2.1%
Townhouse
$6,000
Median DOM: 72
Inventory: 3
MoM: +2.1%
Apartment
Avg/Median Rent$2,998 / $2,700Range$1,850 – $6,500Rent per Sq Ft$3 / $3Sq Ft963 / 880DOM87 / 71New5Total64
Condo
Avg/Median Rent$3,472 / $2,880Range$2,300 – $7,000Rent per Sq Ft$3 / $3Sq Ft982 / 857DOM41 / 45New1Total6
Multi-Family
Avg/Median Rent$4,038 / $3,700Range$1,550 – $9,500Rent per Sq Ft$3 / $3Sq Ft1,453 / 1,279DOM53 / 37New15Total105
Single Family
Avg/Median Rent$2,825 / $2,650Range$1,950 – $3,700Rent per Sq Ft$3 / $3Sq Ft755 / 700DOM25 / 24New1Total4
Townhouse
Avg/Median Rent$5,433 / $6,000Range$4,200 – $6,100Rent per Sq Ft$3 / $3Sq Ft1,964 / 1,964DOM64 / 72New1Total3

Rentals by Bedroom Count

Studio
Avg:$2,338Median:$2,450Range:$1,550 – $2,800PSF:$5 / $5Sq Ft:588 / 600DOM:55 / 43New:1Total:15
1 Beds
Avg:$2,799Median:$2,700Range:$1,650 – $4,700PSF:$3 / $3Sq Ft:871 / 848DOM:72 / 56New:7Total:74
2 Beds
Avg:$4,075Median:$3,850Range:$2,000 – $6,800PSF:$4 / $4Sq Ft:1,296 / 1,250DOM:47 / 28New:6Total:59
3 Beds
Avg:$4,702Median:$4,200Range:$2,550 – $9,450PSF:$3 / $2Sq Ft:1,680 / 1,400DOM:63 / 49New:6Total:25
4 Beds
Avg:$6,900Median:$6,500Range:$3,800 – $9,500PSF:$2 / $2Sq Ft:3,500 / 3,500DOM:72 / 18New:3Total:8
5 Beds
Avg:$9,000Median:$9,000Range:$9,000 – $9,000PSF:Sq Ft:DOM:19 / 19New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$688,000Median DOM:62New:25Total:123
Jan 2026
Median Price:$688,000Median DOM:52New:30Total:119
Feb 2026
Median Price:$688,000Median DOM:54New:19Total:108
Mar 2026
Median Price:$725,000Median DOM:44New:34Total:113
Apr 2026
Median Price:$739,000Median DOM:42New:34Total:119
May 2026
Median Price:$699,900Median DOM:39New:8Total:126

6-Month Rental Trend

Dec 2025
Median Rent:$2,850Median DOM:44New:32Total:160
Jan 2026
Median Rent:$3,100Median DOM:47New:43Total:167
Feb 2026
Median Rent:$3,300Median DOM:45New:36Total:167
Mar 2026
Median Rent:$3,200Median DOM:44New:40Total:172
Apr 2026
Median Rent:$3,100Median DOM:40New:37Total:180
May 2026
Median Rent:$3,165Median DOM:46New:23Total:182

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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