ZIP 07031 Housing Market Report
New York Metro
Report period: July 2026
07031 Monthly Market Update – July 2026
ZIP 07031 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$675,000
+2.3%
Median DOM (Sales)
24
+9.1%
New Listings (Sales)
8
−66.7%
Median Rent
$2,300
0.0%
Median DOM (Rental)
37
+8.8%
Total Rental Listings
69
+4.5%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (23 DOM)
- Fastest renting: Single Family (25 DOM)
- Strongest bedroom: 6 Beds ($999,000 median)
Sales Market Overview
Median Price
$675,000
+2.3%
Median DOM
24
+9.1%
New Listings
8
−66.7%
Inventory
62
+12.7%
- Average Price: $715,875
- Median Price: $675,000
- Price Range: $435,000 – $1,349,900
- Price per Sq Ft (Avg/Median): $381 / $363
- Square Footage (Avg/Median): 2,173 / 2,272
- Square Footage Range: 753 – 3,388
- Days on Market (Avg/Median): 36 / 24
- Days on Market Range: 1 – 207
- New Listings: 8
- Total Listings: 62
Sales by Property Type
Multi-Family
Avg/Median Price$879,157 / $895,000Range$550,000 – $1,349,900Price per Sq Ft$588 / $445Sq Ft1,498 / 753DOM38 / 29New4Total17
Single Family
Avg/Median Price$652,491 / $625,000Range$435,000 – $1,299,000Price per Sq Ft$331 / $308Sq Ft2,310 / 2,272DOM32 / 23New4Total44
Townhouse
Avg/Median Price$729,000 / $729,000Range$729,000 – $729,000Price per Sq Ft$270 / $270Sq Ft2,700 / 2,700DOM207 / 207New0Total1
Sales by Bedroom Count
2 Beds
Avg:$612,000Median:$495,000Range:$495,000 – $729,000PSF:$270 / $270Sq Ft:2,700 / 2,700DOM:112 / 16New:0Total:2
3 Beds
Avg:$598,403Median:$599,000Range:$435,000 – $729,900PSF:$420 / $400Sq Ft:1,791 / 1,378DOM:30 / 22New:4Total:33
4 Beds
Avg:$754,536Median:$710,500Range:$569,000 – $949,999PSF:—Sq Ft:—DOM:46 / 32New:0Total:8
5 Beds
Avg:$850,232Median:$849,000Range:$599,000 – $1,249,000PSF:$307 / $251Sq Ft:2,830 / 2,272DOM:29 / 23New:2Total:12
6 Beds
Avg:$1,024,843Median:$999,000Range:$729,000 – $1,349,900PSF:$445 / $445Sq Ft:2,244 / 2,244DOM:44 / 38New:2Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $612,000 | $495,000 | $495,000 – $729,000 | $270 / $270 | 2,700 / 2,700 | 112 / 16 | 0 | 2 |
| 3 Beds | $598,403 | $599,000 | $435,000 – $729,900 | $420 / $400 | 1,791 / 1,378 | 30 / 22 | 4 | 33 |
| 4 Beds | $754,536 | $710,500 | $569,000 – $949,999 | — | — | 46 / 32 | 0 | 8 |
| 5 Beds | $850,232 | $849,000 | $599,000 – $1,249,000 | $307 / $251 | 2,830 / 2,272 | 29 / 23 | 2 | 12 |
| 6 Beds | $1,024,843 | $999,000 | $729,000 – $1,349,900 | $445 / $445 | 2,244 / 2,244 | 44 / 38 | 2 | 7 |
Rental Market Overview
Median Rent
$2,300
0.0%
Median DOM
37
+8.8%
New Listings
7
Inventory
69
+4.5%
- Average Rent: $2,417
- Median Rent: $2,300
- Rent Range: $1,725 – $4,800
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 916 / 808
- Square Footage Range: 675 – 1,741
- Days on Market (Avg/Median): 54 / 37
- Days on Market Range: 3 – 299
- New Listings: 7
- Total Listings: 69
Rentals by Property Type
Apartment
$2,000
Median DOM: 37
Inventory: 20
MoM: 0.0%
Condo
$2,100
Median DOM: 42
Inventory: 1
MoM: 0.0%
Single Family
$3,250
Median DOM: 25
Inventory: 11
MoM: 0.0%
Townhouse
$2,500
Median DOM: —
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$2,240 / $2,000Range$1,750 – $3,500Rent per Sq Ft$3 / $3Sq Ft835 / 750DOM66 / 37New0Total20
Condo
Avg/Median Rent$2,100 / $2,100Range$2,100 – $2,100Rent per Sq Ft—Sq Ft—DOM42 / 42New0Total1
Multi-Family
Avg/Median Rent$2,269 / $2,150Range$1,725 – $3,200Rent per Sq Ft$3 / $3Sq Ft762 / 700DOM52 / 37New7Total36
Single Family
Avg/Median Rent$3,245 / $3,250Range$1,900 – $4,800Rent per Sq Ft$3 / $2Sq Ft1,374 / 1,008DOM43 / 25New0Total11
Townhouse
Avg/Median Rent$2,500 / $2,500Range$2,500 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,104 / 1,104DOM—New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$2,036Median:$1,895Range:$1,725 – $3,500PSF:$3 / $3Sq Ft:727 / 675DOM:67 / 59New:2Total:24
2 Beds
Avg:$2,283Median:$2,200Range:$1,900 – $3,300PSF:$3 / $3Sq Ft:893 / 850DOM:40 / 32New:5Total:26
3 Beds
Avg:$2,938Median:$3,000Range:$2,100 – $3,850PSF:$3 / $2Sq Ft:1,374 / 1,008DOM:58 / 54New:0Total:17
4 Beds
Avg:$4,300Median:$3,800Range:$3,800 – $4,800PSF:—Sq Ft:—DOM:38 / 25New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $2,036 | $1,895 | $1,725 – $3,500 | $3 / $3 | 727 / 675 | 67 / 59 | 2 | 24 |
| 2 Beds | $2,283 | $2,200 | $1,900 – $3,300 | $3 / $3 | 893 / 850 | 40 / 32 | 5 | 26 |
| 3 Beds | $2,938 | $3,000 | $2,100 – $3,850 | $3 / $2 | 1,374 / 1,008 | 58 / 54 | 0 | 17 |
| 4 Beds | $4,300 | $3,800 | $3,800 – $4,800 | — | — | 38 / 25 | 0 | 2 |
6-Month Sales Trend
Feb 2026
Median Price:$755,000Median DOM:41New:9Total:33
Mar 2026
Median Price:$699,900Median DOM:24New:14Total:38
Apr 2026
Median Price:$660,000Median DOM:23New:13Total:44
May 2026
Median Price:$660,000Median DOM:20New:16Total:46
Jun 2026
Median Price:$660,000Median DOM:22New:24Total:55
Jul 2026
Median Price:$675,000Median DOM:24New:8Total:62
6-Month Rental Trend
Feb 2026
Median Rent:$2,200Median DOM:43New:22Total:66
Mar 2026
Median Rent:$2,200Median DOM:33New:24Total:76
Apr 2026
Median Rent:$2,200Median DOM:44New:20Total:81
May 2026
Median Rent:$2,200Median DOM:47New:11Total:70
Jun 2026
Median Rent:$2,300Median DOM:34New:18Total:66
Jul 2026
Median Rent:$2,300Median DOM:37New:7Total:69
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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.
070010700207003070040700507006070080700907010070110701207013070140701607017070180702007021070220702307024070260702807029070300703107032070330703407035+107 more
← Back to New York Metro