ZIP 07022 Housing Market Report

New York Metro

Report period: August 2026

07022 Monthly Market Update – August 2026

ZIP 07022 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$799,000
0.0%
Median DOM (Sales)
38
−5.0%
New Listings (Sales)
3
−70.0%
Median Rent
$2,300
−2.1%
Median DOM (Rental)
42
+16.7%
Total Rental Listings
91
+2.2%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (12 DOM)
  • Fastest renting: Single Family (26 DOM)
  • Strongest bedroom: 7 Beds ($1,225,000 median)

Sales Market Overview

Median Price
$799,000
0.0%
Median DOM
38
−5.0%
New Listings
3
−70.0%
Inventory
39
+5.4%
  • Average Price: $782,046
  • Median Price: $799,000
  • Price Range: $259,999 – $1,395,000
  • Price per Sq Ft (Avg/Median): $419 / $410
  • Square Footage (Avg/Median): 1,674 / 1,948
  • Square Footage Range: 565 – 2,200
  • Days on Market (Avg/Median): 44 / 38
  • Days on Market Range: 4 – 103
  • New Listings: 3
  • Total Listings: 39

Sales by Property Type

Condo
Avg/Median Price$465,210 / $330,000Range$259,999 – $825,000Price per Sq Ft$422 / $404Sq Ft1,408 / 1,078DOM42 / 40New1Total9
Multi-Family
Avg/Median Price$1,014,860 / $999,999Range$699,000 – $1,395,000Price per Sq Ft$375 / $375Sq Ft2,200 / 2,200DOM58 / 69New0Total15
Single Family
Avg/Median Price$651,714 / $674,000Range$399,999 – $849,000Price per Sq FtSq FtDOM17 / 12New1Total7
Townhouse
Avg/Median Price$816,000 / $799,000Range$690,000 – $1,049,000Price per Sq Ft$437 / $410Sq Ft1,943 / 1,938DOM45 / 29New1Total8

Sales by Bedroom Count

1 Beds
Avg:$279,750Median:$259,999Range:$259,999 – $320,000PSF:$566 / $566Sq Ft:565 / 565DOM:39 / 38New:0Total:4
2 Beds
Avg:$535,722Median:$425,000Range:$330,000 – $699,000PSF:$306 / $306Sq Ft:1,078 / 1,078DOM:17 / 4New:2Total:4
3 Beds
Avg:$717,333Median:$698,000Range:$399,999 – $899,000PSF:$434 / $404Sq Ft:1,989 / 1,938DOM:34 / 27New:1Total:12
4 Beds
Avg:$830,000Median:$799,000Range:$660,000 – $1,049,000PSF:$410 / $410Sq Ft:1,948 / 1,948DOM:52 / 35New:0Total:8
5 Beds
Avg:$994,667Median:$1,059,000Range:$825,000 – $1,100,000PSF:$375 / $375Sq Ft:2,200 / 2,200DOM:75 / 74New:0Total:3
6 Beds
Avg:$1,000,967Median:$978,900Range:$799,000 – $1,225,000PSF:Sq Ft:DOM:54 / 70New:0Total:3
7 Beds
Avg:$1,269,667Median:$1,225,000Range:$1,189,000 – $1,395,000PSF:Sq Ft:DOM:67 / 73New:0Total:3
8 Beds
Avg:$1,097,000Median:$799,000Range:$799,000 – $1,395,000PSF:Sq Ft:DOM:50 / 17New:0Total:2

Rental Market Overview

Median Rent
$2,300
−2.1%
Median DOM
42
+16.7%
New Listings
7
Inventory
91
+2.2%
  • Average Rent: $2,430
  • Median Rent: $2,300
  • Rent Range: $1,500 – $4,900
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 857 / 820
  • Square Footage Range: 500 – 1,220
  • Days on Market (Avg/Median): 60 / 42
  • Days on Market Range: 1 – 313
  • New Listings: 7
  • Total Listings: 91

Rentals by Property Type

Apartment
$2,275
Median DOM: 35
Inventory: 59
MoM: −2.1%
Condo
$1,850
Median DOM: 48
Inventory: 6
MoM: −2.1%
Single Family
$2,200
Median DOM: 26
Inventory: 1
MoM: −2.1%
Townhouse
Median DOM:
Inventory:
MoM: −2.1%
Apartment
Avg/Median Rent$2,312 / $2,275Range$1,500 – $4,900Rent per Sq Ft$3 / $3Sq Ft855 / 820DOM55 / 35New7Total59
Condo
Avg/Median Rent$2,641 / $1,850Range$1,750 – $4,550Rent per Sq Ft$2 / $2Sq Ft900 / 900DOM46 / 48New0Total6
Multi-Family
Avg/Median Rent$2,668 / $2,750Range$1,800 – $4,000Rent per Sq FtSq FtDOM75 / 65New0Total25
Single Family
Avg/Median Rent$2,200 / $2,200Range$2,200 – $2,200Rent per Sq FtSq FtDOM26 / 26New0Total1

Rentals by Bedroom Count

Studio
Avg:$1,775Median:$1,700Range:$1,700 – $1,900PSF:Sq Ft:DOM:31 / 31New:0Total:4
1 Beds
Avg:$2,026Median:$1,900Range:$1,500 – $2,675PSF:$3 / $3Sq Ft:719 / 725DOM:57 / 35New:6Total:45
2 Beds
Avg:$2,644Median:$2,550Range:$1,900 – $3,350PSF:$3 / $3Sq Ft:1,132 / 1,100DOM:70 / 65New:0Total:22
3 Beds
Avg:$3,168Median:$2,900Range:$2,600 – $4,900PSF:Sq Ft:DOM:64 / 48New:1Total:19
4 Beds
Avg:$4,550Median:$4,550Range:$4,550 – $4,550PSF:Sq Ft:DOM:12 / 12New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$850,000Median DOM:42New:5Total:32
Apr 2026
Median Price:$850,000Median DOM:28New:12Total:29
May 2026
Median Price:$849,999Median DOM:31New:9Total:32
Jun 2026
Median Price:$850,000Median DOM:32New:12Total:36
Jul 2026
Median Price:$799,000Median DOM:40New:10Total:37
Aug 2026
Median Price:$799,000Median DOM:38New:3Total:39

6-Month Rental Trend

Mar 2026
Median Rent:$2,395Median DOM:42New:22Total:84
Apr 2026
Median Rent:$2,500Median DOM:37New:28Total:89
May 2026
Median Rent:$2,500Median DOM:34New:30Total:97
Jun 2026
Median Rent:$2,400Median DOM:33New:25Total:91
Jul 2026
Median Rent:$2,350Median DOM:36New:19Total:89
Aug 2026
Median Rent:$2,300Median DOM:42New:7Total:91

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 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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