ZIP 07024 Housing Market Report

New York Metro

Report period: July 2026

07024 Monthly Market Update – July 2026

ZIP 07024 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$380,000
−2.3%
Median DOM (Sales)
49
+4.3%
New Listings (Sales)
19
−76.8%
Median Rent
$2,950
0.0%
Median DOM (Rental)
29
+3.6%
Total Rental Listings
363
+1.1%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (31 DOM)
  • Fastest renting: Multi-Family (20 DOM)
  • Strongest bedroom: 5 Beds ($1,999,999 median)

Sales Market Overview

Median Price
$380,000
−2.3%
Median DOM
49
+4.3%
New Listings
19
−76.8%
Inventory
333
−0.3%
  • Average Price: $637,943
  • Median Price: $380,000
  • Price Range: $64,800 – $4,499,000
  • Price per Sq Ft (Avg/Median): $348 / $316
  • Square Footage (Avg/Median): 1,861 / 1,090
  • Square Footage Range: 500 – 5,644
  • Days on Market (Avg/Median): 63 / 49
  • Days on Market Range: 1 – 312
  • New Listings: 19
  • Total Listings: 333

Sales by Property Type

Condo
Avg/Median Price$407,393 / $329,000Range$64,800 – $2,695,000Price per Sq Ft$321 / $314Sq Ft1,438 / 1,024DOM65 / 51New17Total270
Land
Avg/Median Price$2,099,944 / $1,199,000Range$1,199,000 – $3,000,888Price per Sq FtSq FtDOM182 / 182New0Total2
Multi-Family
Avg/Median Price$1,579,280 / $1,595,000Range$999,900 – $2,300,000Price per Sq FtSq FtDOM57 / 34New0Total10
Single Family
Avg/Median Price$1,778,827 / $1,400,000Range$598,000 – $4,499,000Price per Sq Ft$506 / $592Sq Ft4,720 / 4,310DOM55 / 31New0Total32
Townhouse
Avg/Median Price$1,343,351 / $1,100,000Range$630,000 – $3,875,000Price per Sq Ft$504 / $504Sq Ft3,028 / 3,028DOM42 / 37New2Total19

Sales by Bedroom Count

Studio
Avg:$149,218Median:$149,900Range:$64,800 – $195,000PSF:Sq Ft:DOM:65 / 66New:3Total:17
1 Beds
Avg:$273,832Median:$255,000Range:$80,000 – $598,000PSF:$274 / $185Sq Ft:852 / 852DOM:60 / 46New:4Total:117
2 Beds
Avg:$466,446Median:$399,000Range:$132,500 – $1,299,000PSF:$384 / $365Sq Ft:1,418 / 1,241DOM:64 / 47New:9Total:110
3 Beds
Avg:$963,121Median:$939,000Range:$220,000 – $2,300,000PSF:$378 / $424Sq Ft:2,609 / 2,712DOM:63 / 44New:2Total:46
4 Beds
Avg:$1,729,511Median:$1,650,000Range:$388,000 – $3,875,000PSF:$391 / $391Sq Ft:4,324 / 4,324DOM:66 / 29New:1Total:15
5 Beds
Avg:$2,091,445Median:$1,999,999Range:$999,900 – $4,499,000PSF:$313 / $313Sq Ft:4,310 / 4,310DOM:45 / 24New:0Total:15
6 Beds
Avg:$1,922,483Median:$1,595,000Range:$999,900 – $3,450,000PSF:$602 / $592Sq Ft:4,925 / 4,206DOM:90 / 53New:0Total:6
7 Beds
Avg:$1,900,000Median:$1,900,000Range:$1,900,000 – $1,900,000PSF:Sq Ft:DOM:34 / 34New:0Total:1
8 Beds
Avg:$1,824,500Median:$1,650,000Range:$1,548,000 – $2,300,000PSF:Sq Ft:DOM:86 / 99New:0Total:4

Rental Market Overview

Median Rent
$2,950
0.0%
Median DOM
29
+3.6%
New Listings
33
Inventory
363
+1.1%
  • Average Rent: $3,307
  • Median Rent: $2,950
  • Rent Range: $1,250 – $9,500
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,008 / 878
  • Square Footage Range: 390 – 3,200
  • Days on Market (Avg/Median): 43 / 29
  • Days on Market Range: 1 – 360
  • New Listings: 33
  • Total Listings: 363

Rentals by Property Type

Apartment
$2,900
Median DOM: 32
Inventory: 112
MoM: 0.0%
Condo
$2,650
Median DOM: 33
Inventory: 127
MoM: 0.0%
Single Family
$4,800
Median DOM: 30
Inventory: 25
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$3,184 / $2,900Range$1,600 – $7,500Rent per Sq Ft$4 / $3Sq Ft940 / 800DOM56 / 32New12Total112
Condo
Avg/Median Rent$2,933 / $2,650Range$1,250 – $8,000Rent per Sq Ft$3 / $3Sq Ft1,134 / 970DOM43 / 33New12Total127
Multi-Family
Avg/Median Rent$3,492 / $3,200Range$1,400 – $8,500Rent per Sq Ft$3 / $4Sq Ft1,133 / 1,250DOM33 / 20New8Total99
Single Family
Avg/Median Rent$5,019 / $4,800Range$1,700 – $9,500Rent per Sq Ft$3 / $2Sq Ft1,208 / 900DOM34 / 30New1Total25

Rentals by Bedroom Count

Studio
Avg:$1,973Median:$1,800Range:$1,250 – $3,633PSF:$5 / $4Sq Ft:510 / 517DOM:52 / 39New:4Total:42
1 Beds
Avg:$2,532Median:$2,700Range:$1,570 – $3,600PSF:$3 / $3Sq Ft:831 / 839DOM:43 / 28New:10Total:119
2 Beds
Avg:$3,281Median:$3,200Range:$1,850 – $6,050PSF:$3 / $3Sq Ft:1,151 / 1,075DOM:53 / 33New:8Total:111
3 Beds
Avg:$4,633Median:$4,300Range:$2,800 – $8,500PSF:$3 / $3Sq Ft:1,742 / 1,250DOM:27 / 18New:11Total:67
4 Beds
Avg:$5,668Median:$4,900Range:$4,300 – $9,500PSF:Sq Ft:DOM:32 / 26New:0Total:17
5 Beds
Avg:$6,443Median:$6,100Range:$4,500 – $9,200PSF:$2 / $2Sq Ft:2,278 / 2,278DOM:36 / 34New:0Total:7

6-Month Sales Trend

Feb 2026
Median Price:$399,000Median DOM:57New:51Total:266
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:49New:19Total:333

6-Month Rental Trend

Feb 2026
Median Rent:$2,900Median DOM:48New:94Total:339
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:$2,950Median DOM:29New:33Total:363

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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