ZIP 07020 Housing Market Report

New York Metro

Report period: August 2026

07020 Monthly Market Update – August 2026

ZIP 07020 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$695,000
+0.9%
Median DOM (Sales)
62
+1.6%
New Listings (Sales)
7
−76.7%
Median Rent
$3,175
−0.8%
Median DOM (Rental)
46
0.0%
Total Rental Listings
185
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents softened.

What's Moving Fastest

  • Fastest selling: Multi-Family (31 DOM)
  • Fastest renting: Condo (40 DOM)
  • Strongest bedroom: 5 Beds ($2,195,000 median)

Sales Market Overview

Median Price
$695,000
+0.9%
Median DOM
62
+1.6%
New Listings
7
−76.7%
Inventory
135
−0.7%
  • Average Price: $984,765
  • Median Price: $695,000
  • Price Range: $175,000 – $3,588,000
  • Price per Sq Ft (Avg/Median): $549 / $516
  • Square Footage (Avg/Median): 1,608 / 1,495
  • Square Footage Range: 675 – 5,200
  • Days on Market (Avg/Median): 81 / 62
  • Days on Market Range: 2 – 359
  • New Listings: 7
  • Total Listings: 135

Sales by Property Type

Condo
Avg/Median Price$731,275 / $634,998Range$175,000 – $2,500,000Price per Sq Ft$559 / $516Sq Ft1,318 / 1,325DOM80 / 67New7Total100
Land
Avg/Median Price$2,353,857 / $3,299,000Range$399,000 – $3,500,000Price per Sq FtSq FtDOM160 / 137New0Total7
Multi-Family
Avg/Median Price$1,154,667 / $999,000Range$865,000 – $1,600,000Price per Sq FtSq FtDOM47 / 31New0Total3
Single Family
Avg/Median Price$1,758,490 / $1,400,000Range$849,900 – $3,588,000Price per Sq Ft$349 / $349Sq Ft4,000 / 4,000DOM54 / 41New0Total10
Townhouse
Avg/Median Price$1,485,993 / $1,395,000Range$649,000 – $2,850,000Price per Sq Ft$525 / $561Sq Ft3,050 / 3,200DOM73 / 48New0Total15

Sales by Bedroom Count

Studio
Avg:$209,000Median:$209,000Range:$209,000 – $209,000PSF:$310 / $310Sq Ft:675 / 675DOM:45 / 45New:0Total:1
1 Beds
Avg:$469,390Median:$454,999Range:$175,000 – $849,000PSF:$578 / $535Sq Ft:881 / 850DOM:83 / 68New:1Total:29
2 Beds
Avg:$746,384Median:$650,000Range:$462,000 – $1,899,000PSF:$579 / $511Sq Ft:1,458 / 1,496DOM:78 / 58New:3Total:58
3 Beds
Avg:$1,249,779Median:$890,000Range:$699,900 – $3,588,000PSF:$492 / $471Sq Ft:1,959 / 1,696DOM:76 / 53New:2Total:19
4 Beds
Avg:$1,642,494Median:$1,650,000Range:$865,000 – $2,500,000PSF:$465 / $349Sq Ft:3,650 / 3,200DOM:63 / 41New:1Total:18
5 Beds
Avg:$2,014,667Median:$2,195,000Range:$999,000 – $2,850,000PSF:Sq Ft:DOM:92 / 93New:0Total:3

Rental Market Overview

Median Rent
$3,175
−0.8%
Median DOM
46
0.0%
New Listings
14
Inventory
185
0.0%
  • Average Rent: $3,561
  • Median Rent: $3,175
  • Rent Range: $1,650 – $9,500
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,053 / 907
  • Square Footage Range: 473 – 2,400
  • Days on Market (Avg/Median): 70 / 46
  • Days on Market Range: 1 – 277
  • New Listings: 14
  • Total Listings: 185

Rentals by Property Type

Apartment
$2,700
Median DOM: 67
Inventory: 65
MoM: −0.8%
Condo
$3,700
Median DOM: 40
Inventory: 82
MoM: −0.8%
Single Family
$3,700
Median DOM: 47
Inventory: 7
MoM: −0.8%
Townhouse
$5,900
Median DOM: 93
Inventory: 3
MoM: −0.8%
Apartment
Avg/Median Rent$2,989 / $2,700Range$1,650 – $6,800Rent per Sq Ft$4 / $4Sq Ft871 / 810DOM104 / 67New5Total65
Condo
Avg/Median Rent$3,905 / $3,700Range$1,925 – $8,500Rent per Sq Ft$3 / $3Sq Ft1,202 / 1,190DOM58 / 40New8Total82
Multi-Family
Avg/Median Rent$3,353 / $2,950Range$1,800 – $9,500Rent per Sq Ft$3 / $3Sq Ft1,197 / 977DOM56 / 44New0Total28
Single Family
Avg/Median Rent$4,536 / $3,700Range$2,650 – $8,900Rent per Sq Ft$3 / $3Sq Ft810 / 810DOM48 / 47New1Total7
Townhouse
Avg/Median Rent$6,200 / $5,900Range$4,200 – $8,500Rent per Sq Ft$3 / $3Sq Ft1,964 / 1,964DOM90 / 93New0Total3

Rentals by Bedroom Count

Studio
Avg:$2,409Median:$2,450Range:$1,850 – $3,005PSF:$5 / $5Sq Ft:550 / 515DOM:52 / 42New:1Total:18
1 Beds
Avg:$2,783Median:$2,700Range:$1,650 – $4,700PSF:$3 / $3Sq Ft:846 / 848DOM:88 / 47New:5Total:72
2 Beds
Avg:$4,119Median:$4,000Range:$2,200 – $6,800PSF:$3 / $3Sq Ft:1,416 / 1,485DOM:58 / 41New:7Total:67
3 Beds
Avg:$4,233Median:$4,000Range:$2,550 – $6,300PSF:$2 / $2Sq Ft:1,791 / 1,400DOM:60 / 48New:1Total:21
4 Beds
Avg:$7,155Median:$8,500Range:$4,185 – $9,500PSF:Sq Ft:DOM:83 / 55New:0Total:7

6-Month Sales Trend

Mar 2026
Median Price:$725,000Median DOM:44New:34Total:113
Apr 2026
Median Price:$739,000Median DOM:42New:34Total:119
May 2026
Median Price:$699,999Median DOM:46New:30Total:135
Jun 2026
Median Price:$688,000Median DOM:60New:15Total:133
Jul 2026
Median Price:$689,000Median DOM:61New:30Total:136
Aug 2026
Median Price:$695,000Median DOM:62New:7Total:135

6-Month Rental Trend

Mar 2026
Median Rent:$3,200Median DOM:44New:40Total:172
Apr 2026
Median Rent:$3,100Median DOM:40New:37Total:180
May 2026
Median Rent:$3,200Median DOM:47New:45Total:186
Jun 2026
Median Rent:$3,250Median DOM:43New:47Total:186
Jul 2026
Median Rent:$3,200Median DOM:46New:36Total:185
Aug 2026
Median Rent:$3,175Median DOM:46New:14Total:185

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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.

← Back to New York Metro