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 Ft—Sq Ft—DOM129 / 173New1Total6
Multi-Family
Avg/Median Price$1,115,200 / $1,100,000Range$879,999 – $1,298,000Price per Sq Ft—Sq Ft—DOM32 / 20New0Total5
Single Family
Avg/Median Price$1,866,800 / $1,999,000Range$865,000 – $3,495,000Price per Sq Ft—Sq Ft—DOM46 / 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
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $339,444 | $290,000 | $290,000 – $388,888 | — | — | 6 / 3 | 2 | 2 |
| 1 Beds | $472,128 | $449,000 | $199,000 – $898,000 | $541 / $462 | 904 / 850 | 68 / 52 | 1 | 28 |
| 2 Beds | $718,929 | $629,000 | $499,900 – $1,899,000 | $584 / $467 | 1,495 / 1,495 | 62 / 25 | 1 | 44 |
| 3 Beds | $1,138,845 | $899,999 | $699,900 – $1,999,000 | $640 / $630 | 2,077 / 1,696 | 46 / 39 | 1 | 20 |
| 4 Beds | $1,754,318 | $1,648,000 | $879,999 – $3,495,000 | $448 / $419 | 3,819 / 3,200 | 47 / 31 | 2 | 22 |
| 5 Beds | $1,833,750 | $1,620,000 | $1,100,000 – $2,995,000 | — | — | 91 / 59 | 0 | 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
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,338 | $2,450 | $1,550 – $2,800 | $5 / $5 | 588 / 600 | 55 / 43 | 1 | 15 |
| 1 Beds | $2,799 | $2,700 | $1,650 – $4,700 | $3 / $3 | 871 / 848 | 72 / 56 | 7 | 74 |
| 2 Beds | $4,075 | $3,850 | $2,000 – $6,800 | $4 / $4 | 1,296 / 1,250 | 47 / 28 | 6 | 59 |
| 3 Beds | $4,702 | $4,200 | $2,550 – $9,450 | $3 / $2 | 1,680 / 1,400 | 63 / 49 | 6 | 25 |
| 4 Beds | $6,900 | $6,500 | $3,800 – $9,500 | $2 / $2 | 3,500 / 3,500 | 72 / 18 | 3 | 8 |
| 5 Beds | $9,000 | $9,000 | $9,000 – $9,000 | — | — | 19 / 19 | 0 | 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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