ZIP 07028 Housing Market Report
New York Metro
Report period: August 2026
07028 Monthly Market Update – August 2026
ZIP 07028 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$975,000
0.0%
Median DOM (Sales)
17
0.0%
New Listings (Sales)
2
−75.0%
Median Rent
$5,500
−6.8%
Median DOM (Rental)
18
0.0%
Total Rental Listings
11
+10.0%
Month-over-Month Movement
Median sale prices were flat. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (8 DOM)
- Fastest renting: Condo (9 DOM)
- Strongest bedroom: 5 Beds ($1,549,000 median)
Sales Market Overview
Median Price
$975,000
0.0%
Median DOM
17
0.0%
New Listings
2
−75.0%
Inventory
33
−21.4%
- Average Price: $1,029,121
- Median Price: $975,000
- Price Range: $170,000 – $2,800,000
- Price per Sq Ft (Avg/Median): —
- Square Footage (Avg/Median): —
- Square Footage Range: —
- Days on Market (Avg/Median): 25 / 17
- Days on Market Range: 6 – 81
- New Listings: 2
- Total Listings: 33
Sales by Property Type
Condo
Avg/Median Price$222,500 / $170,000Range$170,000 – $275,000Price per Sq Ft—Sq Ft—DOM47 / 14New0Total4
Multi-Family
Avg/Median Price$945,000 / $989,000Range$750,000 – $998,500Price per Sq Ft—Sq Ft—DOM30 / 8New0Total5
Single Family
Avg/Median Price$1,181,083 / $975,000Range$699,000 – $2,800,000Price per Sq Ft—Sq Ft—DOM21 / 17New2Total24
Sales by Bedroom Count
1 Beds
Avg:$222,500Median:$170,000Range:$170,000 – $275,000PSF:—Sq Ft:—DOM:47 / 14New:0Total:4
3 Beds
Avg:$756,571Median:$775,000Range:$699,000 – $799,000PSF:—Sq Ft:—DOM:14 / 16New:0Total:7
4 Beds
Avg:$1,118,154Median:$975,000Range:$899,000 – $1,595,000PSF:—Sq Ft:—DOM:21 / 18New:2Total:13
5 Beds
Avg:$1,606,000Median:$1,549,000Range:$989,000 – $2,800,000PSF:—Sq Ft:—DOM:35 / 31New:0Total:7
6 Beds
Avg:$998,500Median:$998,500Range:$998,500 – $998,500PSF:—Sq Ft:—DOM:8 / 8New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $222,500 | $170,000 | $170,000 – $275,000 | — | — | 47 / 14 | 0 | 4 |
| 3 Beds | $756,571 | $775,000 | $699,000 – $799,000 | — | — | 14 / 16 | 0 | 7 |
| 4 Beds | $1,118,154 | $975,000 | $899,000 – $1,595,000 | — | — | 21 / 18 | 2 | 13 |
| 5 Beds | $1,606,000 | $1,549,000 | $989,000 – $2,800,000 | — | — | 35 / 31 | 0 | 7 |
| 6 Beds | $998,500 | $998,500 | $998,500 – $998,500 | — | — | 8 / 8 | 0 | 2 |
Rental Market Overview
Median Rent
$5,500
−6.8%
Median DOM
18
0.0%
New Listings
1
Inventory
11
+10.0%
- Average Rent: $5,418
- Median Rent: $5,500
- Rent Range: $1,774 – $8,300
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,134 / 601
- Square Footage Range: 500 – 1,750
- Days on Market (Avg/Median): 30 / 18
- Days on Market Range: 9 – 74
- New Listings: 1
- Total Listings: 11
Rentals by Property Type
Apartment
$1,774
Median DOM: 74
Inventory: 2
MoM: −6.8%
Condo
$5,200
Median DOM: 9
Inventory: 1
MoM: −6.8%
Single Family
$6,350
Median DOM: 21
Inventory: 6
MoM: −6.8%
Townhouse
$6,500
Median DOM: 18
Inventory: 1
MoM: −6.8%
Apartment
Avg/Median Rent$1,974 / $1,774Range$1,774 – $2,175Rent per Sq Ft$4 / $4Sq Ft550 / 500DOM74 / 74New0Total2
Condo
Avg/Median Rent$5,200 / $5,200Range$5,200 – $5,200Rent per Sq Ft$3 / $3Sq Ft1,684 / 1,684DOM9 / 9New1Total1
Multi-Family
Avg/Median Rent$3,500 / $3,500Range$3,500 – $3,500Rent per Sq Ft—Sq Ft—DOM9 / 9New0Total1
Single Family
Avg/Median Rent$6,742 / $6,350Range$5,500 – $8,300Rent per Sq Ft$3 / $3Sq Ft1,750 / 1,750DOM32 / 21New0Total6
Townhouse
Avg/Median Rent$6,500 / $6,500Range$6,500 – $6,500Rent per Sq Ft—Sq Ft—DOM18 / 18New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,774Median:$1,774Range:$1,774 – $1,774PSF:$4 / $4Sq Ft:500 / 500DOM:74 / 74New:0Total:1
1 Beds
Avg:$2,175Median:$2,175Range:$2,175 – $2,175PSF:$4 / $4Sq Ft:601 / 601DOM:—New:0Total:1
3 Beds
Avg:$5,067Median:$5,200Range:$3,500 – $6,500PSF:$3 / $3Sq Ft:1,684 / 1,684DOM:12 / 9New:1Total:3
4 Beds
Avg:$5,962Median:$5,500Range:$5,500 – $6,500PSF:$3 / $3Sq Ft:1,750 / 1,750DOM:40 / 22New:0Total:4
6 Beds
Avg:$8,300Median:$8,300Range:$8,300 – $8,300PSF:—Sq Ft:—DOM:16 / 15New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,774 | $1,774 | $1,774 – $1,774 | $4 / $4 | 500 / 500 | 74 / 74 | 0 | 1 |
| 1 Beds | $2,175 | $2,175 | $2,175 – $2,175 | $4 / $4 | 601 / 601 | — | 0 | 1 |
| 3 Beds | $5,067 | $5,200 | $3,500 – $6,500 | $3 / $3 | 1,684 / 1,684 | 12 / 9 | 1 | 3 |
| 4 Beds | $5,962 | $5,500 | $5,500 – $6,500 | $3 / $3 | 1,750 / 1,750 | 40 / 22 | 0 | 4 |
| 6 Beds | $8,300 | $8,300 | $8,300 – $8,300 | — | — | 16 / 15 | 0 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$899,000Median DOM:15New:18Total:47
Apr 2026
Median Price:$995,000Median DOM:13New:19Total:44
May 2026
Median Price:$1,099,000Median DOM:14New:21Total:56
Jun 2026
Median Price:$1,099,000Median DOM:15New:14Total:61
Jul 2026
Median Price:$975,000Median DOM:17New:8Total:42
Aug 2026
Median Price:$975,000Median DOM:17New:2Total:33
6-Month Rental Trend
Mar 2026
Median Rent:$3,100Median DOM:61New:3Total:19
Apr 2026
Median Rent:$3,500Median DOM:33New:4Total:19
May 2026
Median Rent:$4,800Median DOM:46New:1Total:11
Jun 2026
Median Rent:$5,800Median DOM:16New:5Total:11
Jul 2026
Median Rent:$5,900Median DOM:18New:2Total:10
Aug 2026
Median Rent:$5,500Median DOM:18New:1Total:11
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market were unchanged, signaling steady 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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