ZIP 07042 Housing Market Report
New York Metro
Report period: July 2026
07042 Monthly Market Update – July 2026
ZIP 07042 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$929,000
−4.1%
Median DOM (Sales)
20
+5.3%
New Listings (Sales)
7
−81.1%
Median Rent
$2,875
−0.9%
Median DOM (Rental)
24
+4.3%
Total Rental Listings
234
+3.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (18 DOM)
- Fastest renting: Townhouse (12 DOM)
- Strongest bedroom: 7 Beds ($1,600,000 median)
Sales Market Overview
Median Price
$929,000
−4.1%
Median DOM
20
+5.3%
New Listings
7
−81.1%
Inventory
114
−8.1%
- Average Price: $1,063,718
- Median Price: $929,000
- Price Range: $249,000 – $3,499,000
- Price per Sq Ft (Avg/Median): $452 / $435
- Square Footage (Avg/Median): 2,627 / 2,200
- Square Footage Range: 460 – 7,000
- Days on Market (Avg/Median): 35 / 20
- Days on Market Range: 2 – 186
- New Listings: 7
- Total Listings: 114
Sales by Property Type
Condo
Avg/Median Price$434,688 / $349,000Range$249,000 – $989,000Price per Sq Ft$459 / $431Sq Ft1,064 / 790DOM34 / 18New3Total33
Multi-Family
Avg/Median Price$1,137,099 / $1,075,000Range$679,000 – $1,600,000Price per Sq Ft$448 / $427Sq Ft2,668 / 2,600DOM78 / 79New1Total17
Single Family
Avg/Median Price$1,390,025 / $1,250,000Range$400,000 – $3,499,000Price per Sq Ft$466 / $439Sq Ft3,234 / 3,118DOM22 / 19New3Total61
Townhouse
Avg/Median Price$932,333 / $949,000Range$899,000 – $949,000Price per Sq Ft$212 / $212Sq Ft4,469 / 4,469DOM45 / 46New0Total3
Sales by Bedroom Count
Studio
Avg:$297,000Median:$279,000Range:$279,000 – $315,000PSF:$607 / $607Sq Ft:460 / 460DOM:23 / 15New:0Total:4
1 Beds
Avg:$321,746Median:$300,000Range:$249,000 – $599,000PSF:$414 / $431Sq Ft:758 / 788DOM:17 / 17New:3Total:13
2 Beds
Avg:$535,857Median:$479,000Range:$325,000 – $989,000PSF:$463 / $422Sq Ft:1,390 / 1,300DOM:51 / 23New:0Total:14
3 Beds
Avg:$819,252Median:$759,000Range:$519,000 – $1,300,000PSF:$506 / $460Sq Ft:1,802 / 1,776DOM:44 / 29New:1Total:21
4 Beds
Avg:$1,063,444Median:$929,000Range:$679,000 – $1,795,000PSF:$394 / $454Sq Ft:3,275 / 3,485DOM:25 / 17New:0Total:18
5 Beds
Avg:$1,271,838Median:$1,075,000Range:$849,900 – $1,850,000PSF:$359 / $362Sq Ft:3,210 / 2,600DOM:28 / 18New:1Total:13
6 Beds
Avg:$1,841,909Median:$1,499,000Range:$789,000 – $3,499,000PSF:$433 / $373Sq Ft:4,229 / 3,881DOM:33 / 20New:1Total:22
7 Beds
Avg:$1,684,143Median:$1,600,000Range:$1,195,000 – $2,499,000PSF:$559 / $559Sq Ft:2,862 / 2,862DOM:47 / 36New:1Total:7
8 Beds
Avg:$1,600,000Median:$1,600,000Range:$1,600,000 – $1,600,000PSF:$464 / $464Sq Ft:3,450 / 3,450DOM:72 / 71New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $297,000 | $279,000 | $279,000 – $315,000 | $607 / $607 | 460 / 460 | 23 / 15 | 0 | 4 |
| 1 Beds | $321,746 | $300,000 | $249,000 – $599,000 | $414 / $431 | 758 / 788 | 17 / 17 | 3 | 13 |
| 2 Beds | $535,857 | $479,000 | $325,000 – $989,000 | $463 / $422 | 1,390 / 1,300 | 51 / 23 | 0 | 14 |
| 3 Beds | $819,252 | $759,000 | $519,000 – $1,300,000 | $506 / $460 | 1,802 / 1,776 | 44 / 29 | 1 | 21 |
| 4 Beds | $1,063,444 | $929,000 | $679,000 – $1,795,000 | $394 / $454 | 3,275 / 3,485 | 25 / 17 | 0 | 18 |
| 5 Beds | $1,271,838 | $1,075,000 | $849,900 – $1,850,000 | $359 / $362 | 3,210 / 2,600 | 28 / 18 | 1 | 13 |
| 6 Beds | $1,841,909 | $1,499,000 | $789,000 – $3,499,000 | $433 / $373 | 4,229 / 3,881 | 33 / 20 | 1 | 22 |
| 7 Beds | $1,684,143 | $1,600,000 | $1,195,000 – $2,499,000 | $559 / $559 | 2,862 / 2,862 | 47 / 36 | 1 | 7 |
| 8 Beds | $1,600,000 | $1,600,000 | $1,600,000 – $1,600,000 | $464 / $464 | 3,450 / 3,450 | 72 / 71 | 0 | 2 |
Rental Market Overview
Median Rent
$2,875
−0.9%
Median DOM
24
+4.3%
New Listings
33
Inventory
234
+3.5%
- Average Rent: $3,201
- Median Rent: $2,875
- Rent Range: $1,275 – $10,000
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,070 / 1,000
- Square Footage Range: 277 – 3,200
- Days on Market (Avg/Median): 40 / 24
- Days on Market Range: 1 – 296
- New Listings: 33
- Total Listings: 234
Rentals by Property Type
Apartment
$2,500
Median DOM: 21
Inventory: 57
MoM: −0.9%
Condo
$3,185
Median DOM: 19
Inventory: 32
MoM: −0.9%
Single Family
$3,600
Median DOM: 21
Inventory: 30
MoM: −0.9%
Townhouse
$3,900
Median DOM: 12
Inventory: 2
MoM: −0.9%
Apartment
Avg/Median Rent$2,544 / $2,500Range$1,350 – $4,050Rent per Sq Ft$3 / $3Sq Ft831 / 783DOM48 / 21New14Total57
Condo
Avg/Median Rent$3,429 / $3,185Range$1,800 – $7,800Rent per Sq Ft$3 / $3Sq Ft1,214 / 1,100DOM36 / 19New6Total32
Multi-Family
Avg/Median Rent$3,130 / $2,950Range$1,275 – $6,200Rent per Sq Ft$3 / $3Sq Ft1,160 / 1,045DOM42 / 26New10Total113
Single Family
Avg/Median Rent$4,391 / $3,600Range$1,750 – $10,000Rent per Sq Ft$3 / $3Sq Ft1,553 / 1,105DOM27 / 21New3Total30
Townhouse
Avg/Median Rent$4,425 / $3,900Range$3,900 – $4,950Rent per Sq Ft—Sq Ft—DOM14 / 12New0Total2
Rentals by Bedroom Count
Studio
Avg:$2,201Median:$2,099Range:$1,750 – $2,540PSF:$5 / $4Sq Ft:468 / 515DOM:41 / 30New:1Total:10
1 Beds
Avg:$2,205Median:$2,150Range:$1,275 – $3,185PSF:$3 / $3Sq Ft:711 / 700DOM:42 / 21New:16Total:67
2 Beds
Avg:$3,135Median:$2,980Range:$2,000 – $5,500PSF:$3 / $3Sq Ft:1,132 / 1,100DOM:43 / 25New:9Total:95
3 Beds
Avg:$4,028Median:$3,791Range:$2,700 – $6,500PSF:$3 / $3Sq Ft:1,404 / 1,105DOM:36 / 26New:6Total:46
4 Beds
Avg:$4,945Median:$4,350Range:$3,500 – $7,800PSF:$2 / $2Sq Ft:1,950 / 1,700DOM:24 / 18New:1Total:11
5 Beds
Avg:$7,500Median:$6,500Range:$6,500 – $9,500PSF:—Sq Ft:—DOM:56 / 24New:0Total:3
6 Beds
Avg:$9,650Median:$9,300Range:$9,300 – $10,000PSF:$3 / $3Sq Ft:3,200 / 3,200DOM:29 / 24New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,201 | $2,099 | $1,750 – $2,540 | $5 / $4 | 468 / 515 | 41 / 30 | 1 | 10 |
| 1 Beds | $2,205 | $2,150 | $1,275 – $3,185 | $3 / $3 | 711 / 700 | 42 / 21 | 16 | 67 |
| 2 Beds | $3,135 | $2,980 | $2,000 – $5,500 | $3 / $3 | 1,132 / 1,100 | 43 / 25 | 9 | 95 |
| 3 Beds | $4,028 | $3,791 | $2,700 – $6,500 | $3 / $3 | 1,404 / 1,105 | 36 / 26 | 6 | 46 |
| 4 Beds | $4,945 | $4,350 | $3,500 – $7,800 | $2 / $2 | 1,950 / 1,700 | 24 / 18 | 1 | 11 |
| 5 Beds | $7,500 | $6,500 | $6,500 – $9,500 | — | — | 56 / 24 | 0 | 3 |
| 6 Beds | $9,650 | $9,300 | $9,300 – $10,000 | $3 / $3 | 3,200 / 3,200 | 29 / 24 | 0 | 2 |
6-Month Sales Trend
Feb 2026
Median Price:$1,099,000Median DOM:26New:16Total:61
Mar 2026
Median Price:$999,000Median DOM:21New:30Total:67
Apr 2026
Median Price:$969,000Median DOM:14New:53Total:101
May 2026
Median Price:$969,000Median DOM:18New:34Total:112
Jun 2026
Median Price:$969,000Median DOM:19New:37Total:124
Jul 2026
Median Price:$929,000Median DOM:20New:7Total:114
6-Month Rental Trend
Feb 2026
Median Rent:$2,550Median DOM:31New:47Total:189
Mar 2026
Median Rent:$2,750Median DOM:26New:57Total:183
Apr 2026
Median Rent:$2,800Median DOM:27New:59Total:180
May 2026
Median Rent:$2,900Median DOM:26New:64Total:203
Jun 2026
Median Rent:$2,900Median DOM:23New:73Total:226
Jul 2026
Median Rent:$2,875Median DOM:24New:33Total:234
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower 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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