ZIP 07034 Housing Market Report

New York Metro

Report period: May 2026

07034 Monthly Market Update – May 2026

ZIP 07034 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$579,900
0.0%
Median DOM (Sales)
13
+18.2%
New Listings (Sales)
2
−85.7%
Median Rent
$2,600
0.0%
Median DOM (Rental)
35
+6.1%
Total Rental Listings
21
+5.0%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (13 DOM)
  • Fastest renting: Multi-Family (24 DOM)
  • Strongest bedroom: 5 Beds ($1,150,000 median)

Sales Market Overview

Median Price
$579,900
0.0%
Median DOM
13
+18.2%
New Listings
2
−85.7%
Inventory
30
+15.4%
  • Average Price: $636,247
  • Median Price: $579,900
  • Price Range: $240,000 – $1,150,000
  • Price per Sq Ft (Avg/Median): $388 / $343
  • Square Footage (Avg/Median): 1,973 / 1,416
  • Square Footage Range: 1,000 – 3,635
  • Days on Market (Avg/Median): 30 / 13
  • Days on Market Range: 3 – 202
  • New Listings: 2
  • Total Listings: 30

Sales by Property Type

Condo
Avg/Median Price$240,000 / $240,000Range$240,000 – $240,000Price per Sq FtSq FtDOM18 / 18New0Total2
Land
Avg/Median Price$250,000 / $250,000Range$250,000 – $250,000Price per Sq FtSq FtDOM145 / 145New0Total1
Single Family
Avg/Median Price$679,904 / $625,000Range$399,999 – $1,150,000Price per Sq Ft$388 / $343Sq Ft1,973 / 1,416DOM27 / 13New2Total27

Sales by Bedroom Count

1 Beds
Avg:$240,000Median:$240,000Range:$240,000 – $240,000PSF:Sq Ft:DOM:18 / 18New:0Total:2
2 Beds
Avg:$465,616Median:$449,900Range:$399,999 – $579,900PSF:$522 / $464Sq Ft:1,012 / 1,000DOM:20 / 14New:0Total:6
3 Beds
Avg:$560,880Median:$545,000Range:$399,999 – $729,000PSF:$364 / $343Sq Ft:1,334 / 1,253DOM:11 / 11New:2Total:9
4 Beds
Avg:$795,725Median:$849,000Range:$575,000 – $995,000PSF:$330 / $326Sq Ft:2,352 / 1,944DOM:11 / 11New:0Total:8
5 Beds
Avg:$1,150,000Median:$1,150,000Range:$1,150,000 – $1,150,000PSF:$418 / $418Sq Ft:2,752 / 2,752DOM:95 / 44New:0Total:2
7 Beds
Avg:$925,000Median:$925,000Range:$925,000 – $925,000PSF:$254 / $254Sq Ft:3,635 / 3,635DOM:110 / 18New:0Total:2

Rental Market Overview

Median Rent
$2,600
0.0%
Median DOM
35
+6.1%
New Listings
1
Inventory
21
+5.0%
  • Average Rent: $2,619
  • Median Rent: $2,600
  • Rent Range: $1,550 – $4,250
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,278 / 1,278
  • Square Footage Range: 1,278 – 1,278
  • Days on Market (Avg/Median): 40 / 35
  • Days on Market Range: 6 – 82
  • New Listings: 1
  • Total Listings: 21

Rentals by Property Type

Apartment
$1,695
Median DOM: 49
Inventory: 1
MoM: 0.0%
Condo
$1,750
Median DOM: 25
Inventory: 6
MoM: 0.0%
Single Family
$3,300
Median DOM: 35
Inventory: 13
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,695 / $1,695Range$1,695 – $1,695Rent per Sq FtSq FtDOM49 / 49New0Total1
Condo
Avg/Median Rent$1,741 / $1,750Range$1,550 – $1,850Rent per Sq FtSq FtDOM39 / 25New0Total6
Multi-Family
Avg/Median Rent$1,700 / $1,700Range$1,700 – $1,700Rent per Sq FtSq FtDOM24 / 24New0Total1
Single Family
Avg/Median Rent$3,165 / $3,300Range$2,300 – $4,250Rent per Sq Ft$3 / $3Sq Ft1,278 / 1,278DOM40 / 35New1Total13

Rentals by Bedroom Count

1 Beds
Avg:$1,793Median:$1,750Range:$1,550 – $2,300PSF:Sq Ft:DOM:36 / 25New:0Total:9
2 Beds
Avg:$2,688Median:$2,600Range:$2,600 – $2,900PSF:Sq Ft:DOM:29 / 24New:1Total:4
3 Beds
Avg:$3,200Median:$2,950Range:$2,950 – $3,450PSF:Sq Ft:DOM:47 / 11New:0Total:2
4 Beds
Avg:$3,617Median:$3,450Range:$3,300 – $4,250PSF:$3 / $3Sq Ft:1,278 / 1,278DOM:50 / 45New:0Total:6

6-Month Sales Trend

Dec 2025
Median Price:$519,900Median DOM:21New:6Total:25
Jan 2026
Median Price:$424,800Median DOM:21New:6Total:21
Feb 2026
Median Price:$575,000Median DOM:17New:9Total:25
Mar 2026
Median Price:$649,900Median DOM:16New:6Total:23
Apr 2026
Median Price:$579,900Median DOM:11New:14Total:26
May 2026
Median Price:$579,900Median DOM:13New:2Total:30

6-Month Rental Trend

Dec 2025
Median Rent:$1,850Median DOM:26New:6Total:21
Jan 2026
Median Rent:$2,500Median DOM:26New:8Total:24
Feb 2026
Median Rent:$1,850Median DOM:31New:7Total:23
Mar 2026
Median Rent:$2,700Median DOM:35New:6Total:21
Apr 2026
Median Rent:$2,600Median DOM:33New:4Total:20
May 2026
Median Rent:$2,600Median DOM:35New:1Total:21

Key Market Takeaways

Median sale prices held steady 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.

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