ZIP 07021 Housing Market Report

New York Metro

Report period: May 2026

07021 Monthly Market Update – May 2026

ZIP 07021 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$2,799,000
+21.7%
Median DOM (Sales)
113
+105.5%
New Listings (Sales)
0
−100.0%
Median Rent
$6,500
+66.7%
Median DOM (Rental)
10
−77.8%
Total Rental Listings
3
+50.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (113 DOM)
  • Fastest renting: Single Family (5 DOM)
  • Strongest bedroom: 7 Beds ($3,999,000 median)

Sales Market Overview

Median Price
$2,799,000
+21.7%
Median DOM
113
+105.5%
New Listings
0
−100.0%
Inventory
7
−30.0%
  • Average Price: $2,552,571
  • Median Price: $2,799,000
  • Price Range: $1,375,000 – $3,999,000
  • Price per Sq Ft (Avg/Median): $469 / $356
  • Square Footage (Avg/Median): 8,019 / 4,800
  • Square Footage Range: 4,800 – 11,238
  • Days on Market (Avg/Median): 103 / 113
  • Days on Market Range: 11 – 184
  • New Listings: 0
  • Total Listings: 7

Sales by Property Type

Single Family
Avg/Median Price$2,552,571 / $2,799,000Range$1,375,000 – $3,999,000Price per Sq Ft$469 / $356Sq Ft8,019 / 4,800DOM103 / 113New0Total7

Sales by Bedroom Count

4 Beds
Avg:$1,992,500Median:$1,425,000Range:$1,375,000 – $3,695,000PSF:Sq Ft:DOM:78 / 29New:0Total:4
6 Beds
Avg:$2,949,500Median:$2,799,000Range:$2,799,000 – $3,099,999PSF:$583 / $583Sq Ft:4,800 / 4,800DOM:112 / 51New:0Total:2
7 Beds
Avg:$3,999,000Median:$3,999,000Range:$3,999,000 – $3,999,000PSF:$356 / $356Sq Ft:11,238 / 11,238DOM:184 / 184New:0Total:1

Rental Market Overview

Median Rent
$6,500
+66.7%
Median DOM
10
−77.8%
New Listings
2
Inventory
3
+50.0%
  • Average Rent: $6,050
  • Median Rent: $6,500
  • Rent Range: $4,150 – $7,500
  • Rent per Sq Ft (Avg/Median):
  • Square Footage (Avg/Median):
  • Square Footage Range:
  • Days on Market (Avg/Median): 55 / 10
  • Days on Market Range: 5 – 151
  • New Listings: 2
  • Total Listings: 3

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: +66.7%
Condo
Median DOM:
Inventory:
MoM: +66.7%
Single Family
$6,500
Median DOM: 5
Inventory: 2
MoM: +66.7%
Townhouse
$4,150
Median DOM: 10
Inventory: 1
MoM: +66.7%
Single Family
Avg/Median Rent$7,000 / $6,500Range$6,500 – $7,500Rent per Sq FtSq FtDOM78 / 5New1Total2
Townhouse
Avg/Median Rent$4,150 / $4,150Range$4,150 – $4,150Rent per Sq FtSq FtDOM10 / 10New1Total1

Rentals by Bedroom Count

2 Beds
Avg:$4,150Median:$4,150Range:$4,150 – $4,150PSF:Sq Ft:DOM:10 / 10New:1Total:1
3 Beds
Avg:$6,500Median:$6,500Range:$6,500 – $6,500PSF:Sq Ft:DOM:151 / 151New:0Total:1
5 Beds
Avg:$7,500Median:$7,500Range:$7,500 – $7,500PSF:Sq Ft:DOM:5 / 5New:1Total:1

6-Month Sales Trend

Dec 2025
Median Price:$1,599,000Median DOM:52New:1Total:10
Jan 2026
Median Price:$1,725,000Median DOM:71New:2Total:9
Feb 2026
Median Price:$2,300,000Median DOM:40New:2Total:8
Mar 2026
Median Price:$2,300,000Median DOM:55New:2Total:10
Apr 2026
Median Price:$2,300,000Median DOM:55New:1Total:10
May 2026
Median Price:$2,799,000Median DOM:113New:0Total:7

6-Month Rental Trend

Dec 2025
Median Rent:$7,000Median DOM:50New:1Total:3
Jan 2026
Median Rent:$6,500Median DOM:50New:1Total:3
Feb 2026
Median Rent:$6,500Median DOM:73New:0Total:3
Mar 2026
Median Rent:$3,900Median DOM:45New:0Total:2
Apr 2026
Median Rent:$3,900Median DOM:45New:0Total:2
May 2026
Median Rent:$6,500Median DOM:10New:2Total:3

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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.

← Back to New York Metro