ZIP 07032 Housing Market Report

New York Metro

Report period: August 2026

07032 Monthly Market Update – August 2026

ZIP 07032 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$625,000
0.0%
Median DOM (Sales)
25
−7.4%
New Listings (Sales)
8
−71.4%
Median Rent
$2,300
0.0%
Median DOM (Rental)
36
+2.9%
Total Rental Listings
171
+3.6%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (17 DOM)
  • Fastest renting: Townhouse (15 DOM)
  • Strongest bedroom: 7 Beds ($1,199,191 median)

Sales Market Overview

Median Price
$625,000
0.0%
Median DOM
25
−7.4%
New Listings
8
−71.4%
Inventory
95
−4.0%
  • Average Price: $666,181
  • Median Price: $625,000
  • Price Range: $270,000 – $1,499,900
  • Price per Sq Ft (Avg/Median): $396 / $365
  • Square Footage (Avg/Median): 1,933 / 1,524
  • Square Footage Range: 612 – 9,000
  • Days on Market (Avg/Median): 43 / 25
  • Days on Market Range: 1 – 255
  • New Listings: 8
  • Total Listings: 95

Sales by Property Type

Condo
Avg/Median Price$320,428 / $329,000Range$270,000 – $345,000Price per Sq Ft$346 / $358Sq Ft1,000 / 940DOM42 / 22New0Total7
Multi-Family
Avg/Median Price$845,399 / $799,900Range$599,000 – $1,450,000Price per Sq Ft$323 / $332Sq Ft3,024 / 1,972DOM41 / 25New4Total29
Single Family
Avg/Median Price$616,571 / $585,000Range$395,000 – $1,499,900Price per Sq Ft$355 / $362Sq Ft2,315 / 1,640DOM47 / 32New2Total46
Townhouse
Avg/Median Price$628,108 / $617,170Range$399,000 – $869,075Price per Sq Ft$485 / $460Sq Ft1,322 / 1,238DOM34 / 17New2Total13

Sales by Bedroom Count

1 Beds
Avg:$277,500Median:$270,000Range:$270,000 – $285,000PSF:$441 / $441Sq Ft:612 / 612DOM:47 / 12New:0Total:2
2 Beds
Avg:$523,559Median:$525,000Range:$329,000 – $760,555PSF:$470 / $460Sq Ft:1,211 / 1,004DOM:39 / 18New:2Total:19
3 Beds
Avg:$571,361Median:$550,000Range:$395,000 – $869,075PSF:$384 / $365Sq Ft:1,564 / 1,547DOM:43 / 27New:1Total:34
4 Beds
Avg:$710,026Median:$715,000Range:$499,000 – $895,000PSF:$300 / $304Sq Ft:2,162 / 1,972DOM:33 / 21New:1Total:20
5 Beds
Avg:$878,544Median:$850,000Range:$599,000 – $1,499,900PSF:$310 / $250Sq Ft:4,622 / 1,972DOM:54 / 32New:1Total:9
6 Beds
Avg:$952,837Median:$930,000Range:$699,998 – $1,190,000PSF:$299 / $266Sq Ft:3,054 / 2,400DOM:62 / 25New:2Total:8
7 Beds
Avg:$1,324,596Median:$1,199,191Range:$1,199,191 – $1,450,000PSF:Sq Ft:DOM:49 / 45New:0Total:2
8 Beds
Avg:$979,000Median:$979,000Range:$979,000 – $979,000PSF:Sq Ft:DOM:3 / 3New:1Total:1

Rental Market Overview

Median Rent
$2,300
0.0%
Median DOM
36
+2.9%
New Listings
16
Inventory
171
+3.6%
  • Average Rent: $2,471
  • Median Rent: $2,300
  • Rent Range: $950 – $7,800
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,153 / 1,000
  • Square Footage Range: 400 – 4,373
  • Days on Market (Avg/Median): 51 / 36
  • Days on Market Range: 1 – 321
  • New Listings: 16
  • Total Listings: 171

Rentals by Property Type

Apartment
$2,100
Median DOM: 29
Inventory: 58
MoM: 0.0%
Condo
$2,850
Median DOM: 31
Inventory: 12
MoM: 0.0%
Single Family
$3,800
Median DOM: 23
Inventory: 9
MoM: 0.0%
Townhouse
$3,295
Median DOM: 15
Inventory: 4
MoM: 0.0%
Apartment
Avg/Median Rent$2,189 / $2,100Range$1,500 – $6,000Rent per Sq Ft$3 / $2Sq Ft757 / 800DOM43 / 29New5Total58
Condo
Avg/Median Rent$2,912 / $2,850Range$2,099 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,315 / 1,200DOM38 / 31New2Total12
Multi-Family
Avg/Median Rent$2,399 / $2,300Range$950 – $5,300Rent per Sq Ft$2 / $2Sq Ft1,540 / 1,200DOM60 / 43New8Total88
Single Family
Avg/Median Rent$3,967 / $3,800Range$2,400 – $7,800Rent per Sq Ft$3 / $3Sq Ft1,400 / 1,000DOM22 / 23New1Total9
Townhouse
Avg/Median Rent$3,474 / $3,295Range$2,199 – $5,000Rent per Sq Ft$3 / $3Sq Ft1,003 / 1,004DOM28 / 15New0Total4

Rentals by Bedroom Count

Studio
Avg:$3,872Median:$1,745Range:$1,745 – $6,000PSF:$4 / $4Sq Ft:400 / 400DOM:1 / 1New:1Total:2
1 Beds
Avg:$1,740Median:$1,750Range:$950 – $2,690PSF:$3 / $2Sq Ft:727 / 750DOM:62 / 41New:5Total:35
2 Beds
Avg:$2,276Median:$2,200Range:$1,700 – $3,400PSF:$3 / $3Sq Ft:1,172 / 1,000DOM:46 / 33New:4Total:78
3 Beds
Avg:$2,987Median:$2,800Range:$2,099 – $7,800PSF:$3 / $2Sq Ft:1,405 / 1,581DOM:55 / 40New:5Total:41
4 Beds
Avg:$3,571Median:$3,200Range:$2,890 – $5,000PSF:$2 / $2Sq Ft:1,689 / 2,000DOM:42 / 32New:1Total:14
5 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:Sq Ft:DOM:43 / 43New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$600,000Median DOM:30New:31Total:77
Apr 2026
Median Price:$599,010Median DOM:30New:23Total:89
May 2026
Median Price:$585,000Median DOM:26New:28Total:89
Jun 2026
Median Price:$599,990Median DOM:26New:33Total:98
Jul 2026
Median Price:$625,000Median DOM:27New:28Total:99
Aug 2026
Median Price:$625,000Median DOM:25New:8Total:95

6-Month Rental Trend

Mar 2026
Median Rent:$2,300Median DOM:29New:63Total:154
Apr 2026
Median Rent:$2,300Median DOM:35New:39Total:162
May 2026
Median Rent:$2,200Median DOM:41New:33Total:142
Jun 2026
Median Rent:$2,350Median DOM:40New:40Total:149
Jul 2026
Median Rent:$2,300Median DOM:35New:58Total:165
Aug 2026
Median Rent:$2,300Median DOM:36New:16Total:171

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving 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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