ZIP 07032 Housing Market Report
New York Metro
Report period: May 2026
07032 Monthly Market Update – May 2026
ZIP 07032 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$599,000
−0.0%
Median DOM (Sales)
25
−16.7%
New Listings (Sales)
6
−73.9%
Median Rent
$2,300
0.0%
Median DOM (Rental)
41
+17.1%
Total Rental Listings
152
−6.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (21 DOM)
- Fastest renting: Single Family (14 DOM)
- Strongest bedroom: 8 Beds ($1,275,000 median)
Sales Market Overview
Median Price
$599,000
−0.0%
Median DOM
25
−16.7%
New Listings
6
−73.9%
Inventory
90
+1.1%
- Average Price: $628,704
- Median Price: $599,000
- Price Range: $319,000 – $1,275,000
- Price per Sq Ft (Avg/Median): $411 / $368
- Square Footage (Avg/Median): 1,530 / 1,330
- Square Footage Range: 950 – 3,709
- Days on Market (Avg/Median): 44 / 25
- Days on Market Range: 2 – 301
- New Listings: 6
- Total Listings: 90
Sales by Property Type
Condo
Avg/Median Price$501,222 / $389,900Range$339,999 – $891,990Price per Sq Ft$416 / $368Sq Ft1,313 / 1,238DOM50 / 28New1Total12
Multi-Family
Avg/Median Price$819,857 / $799,900Range$519,000 – $1,275,000Price per Sq Ft$370 / $358Sq Ft1,946 / 1,950DOM56 / 33New0Total21
Single Family
Avg/Median Price$598,862 / $559,000Range$319,000 – $999,000Price per Sq Ft$370 / $305Sq Ft1,851 / 1,311DOM40 / 24New5Total43
Townhouse
Avg/Median Price$542,904 / $489,900Range$319,000 – $768,990Price per Sq Ft$466 / $450Sq Ft1,237 / 1,238DOM34 / 21New0Total14
Sales by Bedroom Count
2 Beds
Avg:$502,391Median:$459,000Range:$339,999 – $735,000PSF:$456 / $368Sq Ft:1,145 / 1,056DOM:36 / 20New:2Total:26
3 Beds
Avg:$553,041Median:$549,888Range:$319,000 – $891,990PSF:$375 / $365Sq Ft:1,561 / 1,640DOM:51 / 38New:2Total:30
4 Beds
Avg:$716,481Median:$699,000Range:$469,000 – $900,000PSF:$425 / $425Sq Ft:2,000 / 2,000DOM:43 / 24New:1Total:16
5 Beds
Avg:$771,079Median:$699,000Range:$599,000 – $999,000PSF:$378 / $358Sq Ft:1,976 / 1,950DOM:44 / 20New:1Total:8
6 Beds
Avg:$921,955Median:$880,000Range:$799,888 – $1,275,000PSF:$300 / $267Sq Ft:3,054 / 2,400DOM:54 / 44New:0Total:7
7 Beds
Avg:$784,500Median:$769,999Range:$769,999 – $799,000PSF:—Sq Ft:—DOM:27 / 20New:0Total:2
8 Beds
Avg:$1,275,000Median:$1,275,000Range:$1,275,000 – $1,275,000PSF:—Sq Ft:—DOM:20 / 20New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $502,391 | $459,000 | $339,999 – $735,000 | $456 / $368 | 1,145 / 1,056 | 36 / 20 | 2 | 26 |
| 3 Beds | $553,041 | $549,888 | $319,000 – $891,990 | $375 / $365 | 1,561 / 1,640 | 51 / 38 | 2 | 30 |
| 4 Beds | $716,481 | $699,000 | $469,000 – $900,000 | $425 / $425 | 2,000 / 2,000 | 43 / 24 | 1 | 16 |
| 5 Beds | $771,079 | $699,000 | $599,000 – $999,000 | $378 / $358 | 1,976 / 1,950 | 44 / 20 | 1 | 8 |
| 6 Beds | $921,955 | $880,000 | $799,888 – $1,275,000 | $300 / $267 | 3,054 / 2,400 | 54 / 44 | 0 | 7 |
| 7 Beds | $784,500 | $769,999 | $769,999 – $799,000 | — | — | 27 / 20 | 0 | 2 |
| 8 Beds | $1,275,000 | $1,275,000 | $1,275,000 – $1,275,000 | — | — | 20 / 20 | 0 | 1 |
Rental Market Overview
Median Rent
$2,300
0.0%
Median DOM
41
+17.1%
New Listings
8
Inventory
152
−6.2%
- Average Rent: $2,466
- Median Rent: $2,300
- Rent Range: $800 – $6,000
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 1,131 / 1,000
- Square Footage Range: 370 – 3,400
- Days on Market (Avg/Median): 56 / 41
- Days on Market Range: 1 – 356
- New Listings: 8
- Total Listings: 152
Rentals by Property Type
Apartment
$2,000
Median DOM: 38
Inventory: 36
MoM: 0.0%
Condo
$2,600
Median DOM: 30
Inventory: 9
MoM: 0.0%
Single Family
$3,300
Median DOM: 14
Inventory: 9
MoM: 0.0%
Townhouse
$3,900
Median DOM: 47
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$2,174 / $2,000Range$1,200 – $3,200Rent per Sq Ft$3 / $2Sq Ft882 / 800DOM80 / 38New1Total36
Condo
Avg/Median Rent$2,578 / $2,600Range$1,850 – $3,100Rent per Sq Ft$3 / $3Sq Ft1,002 / 906DOM38 / 30New0Total9
Multi-Family
Avg/Median Rent$2,471 / $2,400Range$950 – $4,750Rent per Sq Ft$2 / $2Sq Ft1,206 / 1,000DOM53 / 49New4Total95
Single Family
Avg/Median Rent$3,181 / $3,300Range$800 – $6,000Rent per Sq Ft$2 / $2Sq Ft1,660 / 1,428DOM20 / 14New2Total9
Townhouse
Avg/Median Rent$3,333 / $3,900Range$2,199 – $3,900Rent per Sq Ft$3 / $4Sq Ft1,003 / 1,004DOM32 / 47New1Total3
Rentals by Bedroom Count
Studio
Avg:$2,833Median:$1,300Range:$1,200 – $6,000PSF:$3 / $3Sq Ft:370 / 370DOM:4 / 1New:1Total:3
1 Beds
Avg:$1,773Median:$1,750Range:$950 – $2,450PSF:$3 / $3Sq Ft:748 / 770DOM:51 / 31New:1Total:26
2 Beds
Avg:$2,318Median:$2,200Range:$1,800 – $4,100PSF:$3 / $2Sq Ft:925 / 908DOM:67 / 47New:3Total:57
3 Beds
Avg:$2,807Median:$2,700Range:$1,800 – $4,750PSF:$2 / $2Sq Ft:1,327 / 1,300DOM:53 / 51New:2Total:54
4 Beds
Avg:$2,974Median:$2,990Range:$800 – $4,100PSF:$1 / $2Sq Ft:2,367 / 2,100DOM:45 / 34New:1Total:10
5 Beds
Avg:$3,400Median:$3,300Range:$3,300 – $3,500PSF:$2 / $2Sq Ft:1,428 / 1,428DOM:19 / 13New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,833 | $1,300 | $1,200 – $6,000 | $3 / $3 | 370 / 370 | 4 / 1 | 1 | 3 |
| 1 Beds | $1,773 | $1,750 | $950 – $2,450 | $3 / $3 | 748 / 770 | 51 / 31 | 1 | 26 |
| 2 Beds | $2,318 | $2,200 | $1,800 – $4,100 | $3 / $2 | 925 / 908 | 67 / 47 | 3 | 57 |
| 3 Beds | $2,807 | $2,700 | $1,800 – $4,750 | $2 / $2 | 1,327 / 1,300 | 53 / 51 | 2 | 54 |
| 4 Beds | $2,974 | $2,990 | $800 – $4,100 | $1 / $2 | 2,367 / 2,100 | 45 / 34 | 1 | 10 |
| 5 Beds | $3,400 | $3,300 | $3,300 – $3,500 | $2 / $2 | 1,428 / 1,428 | 19 / 13 | 0 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$625,000Median DOM:46New:11Total:66
Jan 2026
Median Price:$599,990Median DOM:26New:26Total:72
Feb 2026
Median Price:$600,000Median DOM:46New:13Total:68
Mar 2026
Median Price:$600,000Median DOM:30New:31Total:77
Apr 2026
Median Price:$599,010Median DOM:30New:23Total:89
May 2026
Median Price:$599,000Median DOM:25New:6Total:90
6-Month Rental Trend
Dec 2025
Median Rent:$2,200Median DOM:53New:26Total:115
Jan 2026
Median Rent:$2,299Median DOM:50New:36Total:116
Feb 2026
Median Rent:$2,200Median DOM:47New:24Total:123
Mar 2026
Median Rent:$2,300Median DOM:29New:63Total:154
Apr 2026
Median Rent:$2,300Median DOM:35New:39Total:162
May 2026
Median Rent:$2,300Median DOM:41New:8Total:152
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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