ZIP 07024 Housing Market Report
New York Metro
Report period: August 2026
07024 Monthly Market Update – August 2026
ZIP 07024 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$380,000
0.0%
Median DOM (Sales)
51
0.0%
New Listings (Sales)
30
−57.1%
Median Rent
$2,950
+0.7%
Median DOM (Rental)
29
−3.3%
Total Rental Listings
358
+0.3%
Month-over-Month Movement
Median sale prices were flat. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (28 DOM)
- Fastest renting: Multi-Family (24 DOM)
- Strongest bedroom: 5 Beds ($1,999,999 median)
Sales Market Overview
Median Price
$380,000
0.0%
Median DOM
51
0.0%
New Listings
30
−57.1%
Inventory
349
+2.0%
- Average Price: $647,268
- Median Price: $380,000
- Price Range: $64,800 – $4,499,000
- Price per Sq Ft (Avg/Median): $345 / $314
- Square Footage (Avg/Median): 1,930 / 1,030
- Square Footage Range: 500 – 5,644
- Days on Market (Avg/Median): 65 / 51
- Days on Market Range: 2 – 342
- New Listings: 30
- Total Listings: 349
Sales by Property Type
Condo
Avg/Median Price$409,037 / $329,000Range$64,800 – $2,695,000Price per Sq Ft$313 / $311Sq Ft1,456 / 1,000DOM68 / 54New26Total277
Land
Avg/Median Price$2,099,944 / $1,199,000Range$1,199,000 – $3,000,888Price per Sq Ft—Sq Ft—DOM212 / 212New0Total2
Multi-Family
Avg/Median Price$1,659,991 / $1,698,000Range$999,000 – $2,300,000Price per Sq Ft—Sq Ft—DOM68 / 64New1Total11
Single Family
Avg/Median Price$1,656,413 / $1,350,000Range$598,000 – $4,499,000Price per Sq Ft$506 / $592Sq Ft4,720 / 4,310DOM55 / 31New3Total38
Townhouse
Avg/Median Price$1,294,746 / $999,999Range$630,000 – $3,875,000Price per Sq Ft$504 / $504Sq Ft3,028 / 3,028DOM43 / 28New0Total21
Sales by Bedroom Count
Studio
Avg:$166,985Median:$168,000Range:$64,800 – $275,000PSF:—Sq Ft:—DOM:68 / 59New:2Total:20
1 Beds
Avg:$278,954Median:$260,000Range:$80,000 – $600,000PSF:$277 / $185Sq Ft:839 / 865DOM:71 / 56New:7Total:114
2 Beds
Avg:$459,731Median:$398,000Range:$132,500 – $1,299,000PSF:$332 / $319Sq Ft:1,390 / 1,241DOM:69 / 56New:10Total:113
3 Beds
Avg:$884,757Median:$879,000Range:$199,900 – $2,300,000PSF:$390 / $424Sq Ft:2,499 / 2,652DOM:41 / 22New:10Total:49
4 Beds
Avg:$1,547,850Median:$1,349,900Range:$388,000 – $3,875,000PSF:$391 / $391Sq Ft:4,324 / 4,324DOM:57 / 27New:0Total:23
5 Beds
Avg:$2,070,126Median:$1,999,999Range:$999,000 – $4,499,000PSF:$313 / $313Sq Ft:4,310 / 4,310DOM:59 / 47New:0Total:15
6 Beds
Avg:$1,881,433Median:$1,600,000Range:$999,900 – $3,450,000PSF:$602 / $592Sq Ft:4,925 / 4,206DOM:80 / 70New:1Total:9
7 Beds
Avg:$1,870,000Median:$1,870,000Range:$1,870,000 – $1,870,000PSF:—Sq Ft:—DOM:64 / 64New:0Total:1
8 Beds
Avg:$1,932,667Median:$1,800,000Range:$1,698,000 – $2,300,000PSF:—Sq Ft:—DOM:136 / 136New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $166,985 | $168,000 | $64,800 – $275,000 | — | — | 68 / 59 | 2 | 20 |
| 1 Beds | $278,954 | $260,000 | $80,000 – $600,000 | $277 / $185 | 839 / 865 | 71 / 56 | 7 | 114 |
| 2 Beds | $459,731 | $398,000 | $132,500 – $1,299,000 | $332 / $319 | 1,390 / 1,241 | 69 / 56 | 10 | 113 |
| 3 Beds | $884,757 | $879,000 | $199,900 – $2,300,000 | $390 / $424 | 2,499 / 2,652 | 41 / 22 | 10 | 49 |
| 4 Beds | $1,547,850 | $1,349,900 | $388,000 – $3,875,000 | $391 / $391 | 4,324 / 4,324 | 57 / 27 | 0 | 23 |
| 5 Beds | $2,070,126 | $1,999,999 | $999,000 – $4,499,000 | $313 / $313 | 4,310 / 4,310 | 59 / 47 | 0 | 15 |
| 6 Beds | $1,881,433 | $1,600,000 | $999,900 – $3,450,000 | $602 / $592 | 4,925 / 4,206 | 80 / 70 | 1 | 9 |
| 7 Beds | $1,870,000 | $1,870,000 | $1,870,000 – $1,870,000 | — | — | 64 / 64 | 0 | 1 |
| 8 Beds | $1,932,667 | $1,800,000 | $1,698,000 – $2,300,000 | — | — | 136 / 136 | 0 | 3 |
Rental Market Overview
Median Rent
$2,950
+0.7%
Median DOM
29
−3.3%
New Listings
43
Inventory
358
+0.3%
- Average Rent: $3,317
- Median Rent: $2,950
- Rent Range: $1,250 – $9,500
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 950 / 800
- Square Footage Range: 390 – 3,012
- Days on Market (Avg/Median): 43 / 29
- Days on Market Range: 1 – 297
- New Listings: 43
- Total Listings: 358
Rentals by Property Type
Apartment
$2,960
Median DOM: 35
Inventory: 95
MoM: +0.7%
Condo
$2,750
Median DOM: 27
Inventory: 178
MoM: +0.7%
Single Family
$5,000
Median DOM: 29
Inventory: 19
MoM: +0.7%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +0.7%
Apartment
Avg/Median Rent$3,100 / $2,960Range$1,600 – $6,050Rent per Sq Ft$4 / $4Sq Ft822 / 773DOM60 / 35New9Total95
Condo
Avg/Median Rent$3,194 / $2,750Range$1,250 – $8,000Rent per Sq Ft$3 / $3Sq Ft863 / 777DOM40 / 27New22Total178
Multi-Family
Avg/Median Rent$3,335 / $3,050Range$1,400 – $8,500Rent per Sq Ft$3 / $3Sq Ft1,133 / 1,250DOM31 / 24New10Total66
Single Family
Avg/Median Rent$5,495 / $5,000Range$1,700 – $9,500Rent per Sq Ft$3 / $2Sq Ft1,893 / 2,278DOM35 / 29New2Total19
Rentals by Bedroom Count
Studio
Avg:$1,837Median:$1,650Range:$1,250 – $2,990PSF:$4 / $4Sq Ft:531 / 575DOM:49 / 41New:3Total:42
1 Beds
Avg:$2,513Median:$2,500Range:$1,570 – $4,156PSF:$4 / $3Sq Ft:748 / 760DOM:45 / 29New:10Total:119
2 Beds
Avg:$3,334Median:$3,200Range:$1,850 – $6,050PSF:$3 / $3Sq Ft:1,110 / 900DOM:50 / 35New:14Total:102
3 Beds
Avg:$4,559Median:$4,300Range:$2,600 – $8,500PSF:$3 / $2Sq Ft:1,812 / 1,250DOM:30 / 20New:15Total:74
4 Beds
Avg:$6,372Median:$5,700Range:$4,300 – $9,500PSF:—Sq Ft:—DOM:36 / 20New:1Total:16
5 Beds
Avg:$6,400Median:$6,100Range:$4,900 – $9,200PSF:$2 / $2Sq Ft:2,278 / 2,278DOM:47 / 46New:0Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,837 | $1,650 | $1,250 – $2,990 | $4 / $4 | 531 / 575 | 49 / 41 | 3 | 42 |
| 1 Beds | $2,513 | $2,500 | $1,570 – $4,156 | $4 / $3 | 748 / 760 | 45 / 29 | 10 | 119 |
| 2 Beds | $3,334 | $3,200 | $1,850 – $6,050 | $3 / $3 | 1,110 / 900 | 50 / 35 | 14 | 102 |
| 3 Beds | $4,559 | $4,300 | $2,600 – $8,500 | $3 / $2 | 1,812 / 1,250 | 30 / 20 | 15 | 74 |
| 4 Beds | $6,372 | $5,700 | $4,300 – $9,500 | — | — | 36 / 20 | 1 | 16 |
| 5 Beds | $6,400 | $6,100 | $4,900 – $9,200 | $2 / $2 | 2,278 / 2,278 | 47 / 46 | 0 | 5 |
6-Month Sales Trend
Mar 2026
Median Price:$389,000Median DOM:44New:83Total:284
Apr 2026
Median Price:$388,000Median DOM:42New:70Total:293
May 2026
Median Price:$380,000Median DOM:42New:90Total:318
Jun 2026
Median Price:$389,000Median DOM:47New:82Total:334
Jul 2026
Median Price:$380,000Median DOM:51New:70Total:342
Aug 2026
Median Price:$380,000Median DOM:51New:30Total:349
6-Month Rental Trend
Mar 2026
Median Rent:$2,900Median DOM:43New:83Total:343
Apr 2026
Median Rent:$2,900Median DOM:43New:83Total:339
May 2026
Median Rent:$2,900Median DOM:29New:118Total:354
Jun 2026
Median Rent:$2,950Median DOM:28New:112Total:359
Jul 2026
Median Rent:$2,929Median DOM:30New:100Total:357
Aug 2026
Median Rent:$2,950Median DOM:29New:43Total:358
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market were unchanged, signaling steady 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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