ZIP 07028 Housing Market Report
New York Metro
Report period: May 2026
07028 Monthly Market Update – May 2026
ZIP 07028 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$995,000
0.0%
Median DOM (Sales)
13
0.0%
New Listings (Sales)
8
−57.9%
Median Rent
$3,500
0.0%
Median DOM (Rental)
33
0.0%
Total Rental Listings
14
−26.3%
Month-over-Month Movement
Median sale prices were flat. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (13 DOM)
- Fastest renting: Townhouse (20 DOM)
- Strongest bedroom: 5 Beds ($1,645,000 median)
Sales Market Overview
Median Price
$995,000
0.0%
Median DOM
13
0.0%
New Listings
8
−57.9%
Inventory
51
+15.9%
- Average Price: $1,164,696
- Median Price: $995,000
- Price Range: $165,000 – $2,999,000
- Price per Sq Ft (Avg/Median): $486 / $464
- Square Footage (Avg/Median): 3,302 / 3,046
- Square Footage Range: 2,915 – 3,702
- Days on Market (Avg/Median): 25 / 13
- Days on Market Range: 2 – 314
- New Listings: 8
- Total Listings: 51
Sales by Property Type
Condo
Avg/Median Price$246,800 / $210,000Range$165,000 – $389,999Price per Sq Ft—Sq Ft—DOM21 / 13New2Total10
Multi-Family
Avg/Median Price$952,583 / $989,000Range$750,000 – $997,500Price per Sq Ft—Sq Ft—DOM86 / 39New0Total6
Single Family
Avg/Median Price$1,463,314 / $1,495,000Range$699,000 – $2,999,000Price per Sq Ft$486 / $464Sq Ft3,302 / 3,046DOM16 / 13New6Total35
Sales by Bedroom Count
1 Beds
Avg:$211,000Median:$170,000Range:$165,000 – $299,000PSF:—Sq Ft:—DOM:24 / 13New:0Total:8
2 Beds
Avg:$389,999Median:$389,999Range:$389,999 – $389,999PSF:—Sq Ft:—DOM:6 / 6New:2Total:2
3 Beds
Avg:$929,111Median:$750,000Range:$699,000 – $1,529,000PSF:$525 / $525Sq Ft:2,915 / 2,915DOM:45 / 11New:3Total:9
4 Beds
Avg:$987,222Median:$899,000Range:$799,000 – $1,195,000PSF:—Sq Ft:—DOM:13 / 13New:1Total:9
5 Beds
Avg:$1,581,100Median:$1,645,000Range:$989,000 – $2,800,000PSF:$473 / $464Sq Ft:3,431 / 3,546DOM:16 / 15New:2Total:15
6 Beds
Avg:$1,996,000Median:$1,495,000Range:$995,000 – $2,999,000PSF:—Sq Ft:—DOM:37 / 13New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $211,000 | $170,000 | $165,000 – $299,000 | — | — | 24 / 13 | 0 | 8 |
| 2 Beds | $389,999 | $389,999 | $389,999 – $389,999 | — | — | 6 / 6 | 2 | 2 |
| 3 Beds | $929,111 | $750,000 | $699,000 – $1,529,000 | $525 / $525 | 2,915 / 2,915 | 45 / 11 | 3 | 9 |
| 4 Beds | $987,222 | $899,000 | $799,000 – $1,195,000 | — | — | 13 / 13 | 1 | 9 |
| 5 Beds | $1,581,100 | $1,645,000 | $989,000 – $2,800,000 | $473 / $464 | 3,431 / 3,546 | 16 / 15 | 2 | 15 |
| 6 Beds | $1,996,000 | $1,495,000 | $995,000 – $2,999,000 | — | — | 37 / 13 | 0 | 8 |
Rental Market Overview
Median Rent
$3,500
0.0%
Median DOM
33
0.0%
New Listings
0
Inventory
14
−26.3%
- Average Rent: $4,486
- Median Rent: $3,500
- Rent Range: $2,150 – $8,000
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,293 / 1,000
- Square Footage Range: 820 – 2,000
- Days on Market (Avg/Median): 65 / 33
- Days on Market Range: 10 – 147
- New Listings: 0
- Total Listings: 14
Rentals by Property Type
Apartment
$2,150
Median DOM: —
Inventory: 2
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$5,350
Median DOM: 40
Inventory: 6
MoM: 0.0%
Townhouse
$5,800
Median DOM: 20
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$2,900 / $2,150Range$2,150 – $3,650Rent per Sq Ft$3 / $3Sq Ft883 / 820DOM—New0Total2
Multi-Family
Avg/Median Rent$3,450 / $3,100Range$2,750 – $4,800Rent per Sq Ft$3 / $2Sq Ft1,500 / 1,000DOM46 / 26New0Total5
Single Family
Avg/Median Rent$5,658 / $5,350Range$2,850 – $8,000Rent per Sq Ft$3 / $3Sq Ft1,700 / 1,700DOM87 / 40New0Total6
Townhouse
Avg/Median Rent$5,800 / $5,800Range$5,800 – $5,800Rent per Sq Ft—Sq Ft—DOM20 / 20New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$2,883Median:$2,850Range:$2,150 – $3,650PSF:$3 / $3Sq Ft:883 / 820DOM:130 / 130New:0Total:3
2 Beds
Avg:$3,250Median:$3,250Range:$3,250 – $3,250PSF:—Sq Ft:—DOM:40 / 40New:0Total:1
3 Beds
Avg:$3,650Median:$3,100Range:$2,750 – $5,800PSF:$3 / $3Sq Ft:1,000 / 1,000DOM:47 / 26New:0Total:5
4 Beds
Avg:$5,650Median:$4,800Range:$4,800 – $6,500PSF:$2 / $2Sq Ft:2,000 / 2,000DOM:20 / 13New:0Total:2
5 Beds
Avg:$7,117Median:$8,000Range:$5,350 – $8,000PSF:$3 / $3Sq Ft:1,700 / 1,700DOM:109 / 147New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $2,883 | $2,850 | $2,150 – $3,650 | $3 / $3 | 883 / 820 | 130 / 130 | 0 | 3 |
| 2 Beds | $3,250 | $3,250 | $3,250 – $3,250 | — | — | 40 / 40 | 0 | 1 |
| 3 Beds | $3,650 | $3,100 | $2,750 – $5,800 | $3 / $3 | 1,000 / 1,000 | 47 / 26 | 0 | 5 |
| 4 Beds | $5,650 | $4,800 | $4,800 – $6,500 | $2 / $2 | 2,000 / 2,000 | 20 / 13 | 0 | 2 |
| 5 Beds | $7,117 | $8,000 | $5,350 – $8,000 | $3 / $3 | 1,700 / 1,700 | 109 / 147 | 0 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$799,000Median DOM:28New:2Total:15
Jan 2026
Median Price:$799,000Median DOM:15New:15Total:19
Feb 2026
Median Price:$869,000Median DOM:15New:13Total:36
Mar 2026
Median Price:$899,000Median DOM:15New:18Total:47
Apr 2026
Median Price:$995,000Median DOM:13New:19Total:44
May 2026
Median Price:$995,000Median DOM:13New:8Total:51
6-Month Rental Trend
Dec 2025
Median Rent:$3,300Median DOM:66New:4Total:15
Jan 2026
Median Rent:$2,850Median DOM:44New:3Total:16
Feb 2026
Median Rent:$3,100Median DOM:72New:3Total:18
Mar 2026
Median Rent:$3,100Median DOM:61New:3Total:19
Apr 2026
Median Rent:$3,500Median DOM:33New:4Total:19
May 2026
Median Rent:$3,500Median DOM:33New:0Total:14
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, while total rental inventory tightened.
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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