ZIP 07023 Housing Market Report

New York Metro

Report period: July 2026

07023 Monthly Market Update – July 2026

ZIP 07023 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$799,900
0.0%
Median DOM (Sales)
16
+14.3%
New Listings (Sales)
2
−87.5%
Median Rent
$3,300
+10.0%
Median DOM (Rental)
12
−25.0%
Total Rental Listings
14
+7.7%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (16 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($1,399,900 median)

Sales Market Overview

Median Price
$799,900
0.0%
Median DOM
16
+14.3%
New Listings
2
−87.5%
Inventory
31
−6.1%
  • Average Price: $830,242
  • Median Price: $799,900
  • Price Range: $515,000 – $1,499,000
  • Price per Sq Ft (Avg/Median): $420 / $422
  • Square Footage (Avg/Median): 2,044 / 1,752
  • Square Footage Range: 1,462 – 4,069
  • Days on Market (Avg/Median): 27 / 16
  • Days on Market Range: 2 – 116
  • New Listings: 2
  • Total Listings: 31

Sales by Property Type

Land
Avg/Median Price$1,100,000 / $1,100,000Range$1,100,000 – $1,100,000Price per Sq FtSq FtDOMNew0Total1
Single Family
Avg/Median Price$821,250 / $795,000Range$515,000 – $1,499,000Price per Sq Ft$420 / $422Sq Ft2,044 / 1,752DOM27 / 16New2Total30

Sales by Bedroom Count

2 Beds
Avg:$585,000Median:$585,000Range:$585,000 – $585,000PSF:$247 / $247Sq Ft:2,368 / 2,368DOM:116 / 116New:0Total:1
3 Beds
Avg:$735,483Median:$700,000Range:$515,000 – $920,000PSF:$424 / $424Sq Ft:1,744 / 1,744DOM:32 / 20New:2Total:12
4 Beds
Avg:$809,914Median:$799,900Range:$619,000 – $1,095,000PSF:$461 / $422Sq Ft:1,703 / 1,591DOM:18 / 15New:0Total:14
5 Beds
Avg:$1,244,000Median:$989,000Range:$989,000 – $1,499,000PSF:Sq Ft:DOM:19 / 15New:0Total:2
6 Beds
Avg:$1,399,900Median:$1,399,900Range:$1,399,900 – $1,399,900PSF:$344 / $344Sq Ft:4,069 / 4,069DOM:12 / 12New:0Total:1

Rental Market Overview

Median Rent
$3,300
+10.0%
Median DOM
12
−25.0%
New Listings
2
Inventory
14
+7.7%
  • Average Rent: $3,503
  • Median Rent: $3,300
  • Rent Range: $2,300 – $4,950
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,305 / 1,346
  • Square Footage Range: 779 – 2,230
  • Days on Market (Avg/Median): 42 / 12
  • Days on Market Range: 1 – 254
  • New Listings: 2
  • Total Listings: 14

Rentals by Property Type

Apartment
$2,695
Median DOM: 1
Inventory: 5
MoM: +10.0%
Condo
$3,000
Median DOM: 1
Inventory: 2
MoM: +10.0%
Single Family
$3,800
Median DOM: 22
Inventory: 6
MoM: +10.0%
Townhouse
$4,450
Median DOM: 11
Inventory: 1
MoM: +10.0%
Apartment
Avg/Median Rent$3,109 / $2,695Range$2,300 – $4,950Rent per Sq Ft$3 / $3Sq Ft1,151 / 800DOM55 / 1New1Total5
Condo
Avg/Median Rent$3,000 / $3,000Range$3,000 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,440 / 1,440DOM9 / 1New0Total2
Single Family
Avg/Median Rent$3,842 / $3,800Range$2,950 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,534 / 1,450DOM49 / 22New1Total6
Townhouse
Avg/Median Rent$4,450 / $4,450Range$4,450 – $4,450Rent per Sq Ft$3 / $3Sq Ft1,346 / 1,346DOM11 / 11New0Total1

Rentals by Bedroom Count

1 Beds
Avg:$2,432Median:$2,300Range:$2,300 – $2,695PSF:$3 / $3Sq Ft:789 / 788DOM:85 / 1New:0Total:3
2 Beds
Avg:$3,440Median:$3,000Range:$2,950 – $4,950PSF:$2 / $2Sq Ft:1,567 / 1,440DOM:12 / 16New:1Total:5
3 Beds
Avg:$3,883Median:$3,800Range:$3,400 – $4,450PSF:$3 / $2Sq Ft:1,472 / 1,450DOM:20 / 12New:0Total:3
4 Beds
Avg:$4,300Median:$4,200Range:$4,200 – $4,500PSF:Sq Ft:DOM:73 / 57New:1Total:3

6-Month Sales Trend

Feb 2026
Median Price:$749,000Median DOM:16New:11Total:23
Mar 2026
Median Price:$735,000Median DOM:17New:11Total:31
Apr 2026
Median Price:$700,000Median DOM:23New:7Total:29
May 2026
Median Price:$725,000Median DOM:22New:8Total:28
Jun 2026
Median Price:$799,900Median DOM:14New:16Total:33
Jul 2026
Median Price:$799,900Median DOM:16New:2Total:31

6-Month Rental Trend

Feb 2026
Median Rent:$2,595Median DOM:21New:5Total:10
Mar 2026
Median Rent:$3,250Median DOM:21New:4Total:9
Apr 2026
Median Rent:$3,300Median DOM:21New:6Total:13
May 2026
Median Rent:$3,300Median DOM:22New:4Total:14
Jun 2026
Median Rent:$3,000Median DOM:16New:5Total:13
Jul 2026
Median Rent:$3,300Median DOM:12New:2Total:14

Key Market Takeaways

Median sale prices held steady 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.

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