ZIP 07039 Housing Market Report

New York Metro

Report period: May 2026

07039 Monthly Market Update – May 2026

ZIP 07039 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$1,258,000
−7.5%
Median DOM (Sales)
17
−5.6%
New Listings (Sales)
16
−65.2%
Median Rent
$4,600
−1.1%
Median DOM (Rental)
35
+16.7%
Total Rental Listings
78
+2.6%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Land (9 DOM)
  • Fastest renting: Townhouse (26 DOM)
  • Strongest bedroom: 7 Beds ($2,575,000 median)

Sales Market Overview

Median Price
$1,258,000
−7.5%
Median DOM
17
−5.6%
New Listings
16
−65.2%
Inventory
130
+13.0%
  • Average Price: $1,521,403
  • Median Price: $1,258,000
  • Price Range: $450,000 – $4,198,000
  • Price per Sq Ft (Avg/Median): $445 / $452
  • Square Footage (Avg/Median): 4,475 / 3,900
  • Square Footage Range: 1,326 – 12,470
  • Days on Market (Avg/Median): 32 / 17
  • Days on Market Range: 1 – 182
  • New Listings: 16
  • Total Listings: 130

Sales by Property Type

Condo
Avg/Median Price$870,369 / $889,900Range$450,000 – $1,199,999Price per Sq Ft$406 / $401Sq Ft2,392 / 2,254DOM22 / 15New2Total16
Land
Avg/Median Price$919,966 / $999,999Range$759,900 – $999,999Price per Sq FtSq FtDOM28 / 9New4Total6
Single Family
Avg/Median Price$1,674,987 / $1,585,000Range$600,000 – $4,198,000Price per Sq Ft$454 / $458Sq Ft4,948 / 4,000DOM33 / 18New10Total105
Townhouse
Avg/Median Price$821,000 / $725,000Range$689,000 – $1,049,000Price per Sq FtSq FtDOM31 / 32New0Total3

Sales by Bedroom Count

2 Beds
Avg:$619,000Median:$650,000Range:$450,000 – $725,000PSF:$414 / $376Sq Ft:1,528 / 1,326DOM:25 / 15New:0Total:8
3 Beds
Avg:$884,639Median:$850,000Range:$699,000 – $1,199,999PSF:$439 / $445Sq Ft:2,358 / 2,254DOM:22 / 12New:3Total:28
4 Beds
Avg:$1,169,906Median:$1,175,000Range:$650,000 – $1,795,000PSF:$470 / $469Sq Ft:2,085 / 2,077DOM:21 / 15New:4Total:33
5 Beds
Avg:$1,977,060Median:$1,850,000Range:$1,399,999 – $3,150,000PSF:$417 / $395Sq Ft:4,668 / 4,400DOM:33 / 23New:1Total:15
6 Beds
Avg:$2,289,358Median:$2,100,000Range:$1,258,000 – $3,800,000PSF:$456 / $462Sq Ft:6,598 / 6,100DOM:50 / 33New:4Total:36
7 Beds
Avg:$2,965,250Median:$2,575,000Range:$2,299,000 – $4,198,000PSF:$429 / $350Sq Ft:8,746 / 5,500DOM:41 / 12New:0Total:4

Rental Market Overview

Median Rent
$4,600
−1.1%
Median DOM
35
+16.7%
New Listings
5
Inventory
78
+2.6%
  • Average Rent: $4,580
  • Median Rent: $4,600
  • Rent Range: $2,350 – $8,995
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,761 / 1,850
  • Square Footage Range: 670 – 5,200
  • Days on Market (Avg/Median): 48 / 35
  • Days on Market Range: 1 – 203
  • New Listings: 5
  • Total Listings: 78

Rentals by Property Type

Apartment
$3,100
Median DOM: 88
Inventory: 14
MoM: −1.1%
Condo
$4,700
Median DOM: 64
Inventory: 7
MoM: −1.1%
Single Family
$4,550
Median DOM: 31
Inventory: 33
MoM: −1.1%
Townhouse
$5,100
Median DOM: 26
Inventory: 17
MoM: −1.1%
Apartment
Avg/Median Rent$3,593 / $3,100Range$2,445 – $5,850Rent per Sq Ft$3 / $3Sq Ft1,123 / 879DOM95 / 88New0Total14
Condo
Avg/Median Rent$4,607 / $4,700Range$3,750 – $5,200Rent per Sq Ft$2 / $2Sq Ft2,203 / 2,203DOM60 / 64New1Total7
Multi-Family
Avg/Median Rent$4,057 / $3,800Range$2,350 – $5,900Rent per Sq Ft$5 / $5Sq Ft837 / 837DOM54 / 57New0Total7
Single Family
Avg/Median Rent$4,893 / $4,550Range$3,800 – $8,995Rent per Sq Ft$2 / $2Sq Ft2,416 / 1,960DOM37 / 31New4Total33
Townhouse
Avg/Median Rent$4,988 / $5,100Range$3,100 – $5,900Rent per Sq Ft$2 / $3Sq Ft2,011 / 2,000DOM40 / 26New0Total17

Rentals by Bedroom Count

1 Beds
Avg:$2,983Median:$2,862Range:$2,445 – $3,800PSF:$4 / $4Sq Ft:800 / 822DOM:96 / 89New:0Total:9
2 Beds
Avg:$3,837Median:$3,800Range:$2,350 – $5,545PSF:$3 / $3Sq Ft:1,555 / 1,350DOM:81 / 87New:1Total:11
3 Beds
Avg:$4,742Median:$4,700Range:$3,750 – $5,900PSF:$3 / $3Sq Ft:2,171 / 2,000DOM:47 / 37New:1Total:30
4 Beds
Avg:$5,154Median:$5,000Range:$4,000 – $8,995PSF:$3 / $2Sq Ft:2,193 / 1,932DOM:27 / 14New:1Total:22
5 Beds
Avg:$5,350Median:$5,500Range:$4,500 – $6,250PSF:$2 / $2Sq Ft:2,454 / 2,218DOM:45 / 12New:2Total:5
6 Beds
Avg:$5,800Median:$5,800Range:$5,800 – $5,800PSF:Sq Ft:DOM:20 / 20New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$1,695,000Median DOM:44New:11Total:87
Jan 2026
Median Price:$1,750,000Median DOM:39New:29Total:79
Feb 2026
Median Price:$1,799,000Median DOM:19New:26Total:77
Mar 2026
Median Price:$1,550,000Median DOM:20New:41Total:102
Apr 2026
Median Price:$1,360,000Median DOM:18New:46Total:115
May 2026
Median Price:$1,258,000Median DOM:17New:16Total:130

6-Month Rental Trend

Dec 2025
Median Rent:$4,500Median DOM:51New:11Total:47
Jan 2026
Median Rent:$4,500Median DOM:37New:20Total:60
Feb 2026
Median Rent:$4,500Median DOM:33New:24Total:70
Mar 2026
Median Rent:$4,500Median DOM:45New:15Total:72
Apr 2026
Median Rent:$4,650Median DOM:30New:23Total:76
May 2026
Median Rent:$4,600Median DOM:35New:5Total:78

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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