ZIP 07043 Housing Market Report

New York Metro

Report period: May 2026

07043 Monthly Market Update – May 2026

ZIP 07043 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$1,150,000
−2.1%
Median DOM (Sales)
13
0.0%
New Listings (Sales)
8
−73.3%
Median Rent
$3,450
+4.5%
Median DOM (Rental)
22
−8.3%
Total Rental Listings
29
+11.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Multi-Family (13 DOM)
  • Fastest renting: Single Family (6 DOM)
  • Strongest bedroom: 8 Beds ($3,495,000 median)

Sales Market Overview

Median Price
$1,150,000
−2.1%
Median DOM
13
0.0%
New Listings
8
−73.3%
Inventory
68
+15.3%
  • Average Price: $1,439,779
  • Median Price: $1,150,000
  • Price Range: $199,000 – $6,500,000
  • Price per Sq Ft (Avg/Median): $472 / $438
  • Square Footage (Avg/Median): 3,470 / 3,103
  • Square Footage Range: 1,300 – 7,719
  • Days on Market (Avg/Median): 18 / 13
  • Days on Market Range: 1 – 94
  • New Listings: 8
  • Total Listings: 68

Sales by Property Type

Condo
Avg/Median Price$450,429 / $569,000Range$199,000 – $569,000Price per Sq Ft$412 / $386Sq Ft1,388 / 1,300DOM32 / 30New0Total7
Multi-Family
Avg/Median Price$911,250 / $699,999Range$699,999 – $1,250,000Price per Sq FtSq FtDOM16 / 13New0Total4
Single Family
Avg/Median Price$1,598,368 / $1,300,000Range$659,000 – $6,500,000Price per Sq Ft$487 / $473Sq Ft3,990 / 3,461DOM17 / 13New8Total57

Sales by Bedroom Count

1 Beds
Avg:$292,333Median:$299,000Range:$199,000 – $379,000PSF:Sq Ft:DOM:53 / 43New:0Total:3
2 Beds
Avg:$569,000Median:$569,000Range:$569,000 – $569,000PSF:$412 / $386Sq Ft:1,388 / 1,300DOM:17 / 6New:0Total:4
3 Beds
Avg:$958,111Median:$879,000Range:$659,000 – $1,350,000PSF:Sq Ft:DOM:15 / 13New:3Total:9
4 Beds
Avg:$1,007,167Median:$859,000Range:$699,999 – $2,225,000PSF:$480 / $502Sq Ft:2,784 / 2,800DOM:15 / 12New:1Total:18
5 Beds
Avg:$1,655,350Median:$1,599,000Range:$865,000 – $2,700,000PSF:$554 / $551Sq Ft:4,250 / 4,230DOM:18 / 15New:3Total:20
6 Beds
Avg:$2,290,900Median:$1,699,000Range:$1,150,000 – $6,500,000PSF:$397 / $379Sq Ft:5,411 / 3,103DOM:21 / 12New:1Total:10
7 Beds
Avg:$1,499,000Median:$1,499,000Range:$1,499,000 – $1,499,000PSF:Sq Ft:DOM:13 / 13New:0Total:1
8 Beds
Avg:$3,495,000Median:$3,495,000Range:$3,495,000 – $3,495,000PSF:Sq Ft:DOM:7 / 10New:0Total:3

Rental Market Overview

Median Rent
$3,450
+4.5%
Median DOM
22
−8.3%
New Listings
4
Inventory
29
+11.5%
  • Average Rent: $3,836
  • Median Rent: $3,450
  • Rent Range: $1,425 – $9,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,079 / 700
  • Square Footage Range: 531 – 2,074
  • Days on Market (Avg/Median): 48 / 22
  • Days on Market Range: 3 – 294
  • New Listings: 4
  • Total Listings: 29

Rentals by Property Type

Apartment
$2,500
Median DOM: 41
Inventory: 10
MoM: +4.5%
Condo
$2,000
Median DOM: 20
Inventory: 1
MoM: +4.5%
Single Family
$5,900
Median DOM: 6
Inventory: 6
MoM: +4.5%
Townhouse
Median DOM:
Inventory:
MoM: +4.5%
Apartment
Avg/Median Rent$2,793 / $2,500Range$1,800 – $5,500Rent per Sq Ft$3 / $4Sq Ft957 / 700DOM109 / 41New1Total10
Condo
Avg/Median Rent$2,000 / $2,000Range$2,000 – $2,000Rent per Sq Ft$4 / $4Sq Ft531 / 531DOM20 / 20New0Total1
Multi-Family
Avg/Median Rent$3,569 / $3,450Range$1,425 – $4,950Rent per Sq Ft$3 / $3Sq Ft1,000 / 1,000DOM44 / 24New0Total12
Single Family
Avg/Median Rent$6,417 / $5,900Range$4,100 – $9,000Rent per Sq Ft$2 / $2Sq Ft2,074 / 2,074DOM11 / 6New3Total6

Rentals by Bedroom Count

Studio
Avg:$2,200Median:$2,000Range:$1,800 – $2,500PSF:$4 / $4Sq Ft:531 / 531DOM:157 / 20New:0Total:4
1 Beds
Avg:$2,241Median:$2,395Range:$1,425 – $2,514PSF:$4 / $4Sq Ft:685 / 670DOM:58 / 22New:1Total:6
2 Beds
Avg:$3,646Median:$3,450Range:$2,800 – $5,500PSF:$3 / $2Sq Ft:1,250 / 1,000DOM:50 / 35New:0Total:10
3 Beds
Avg:$4,700Median:$4,900Range:$4,250 – $4,950PSF:Sq Ft:DOM:23 / 21New:0Total:3
4 Beds
Avg:$6,408Median:$5,900Range:$4,100 – $9,000PSF:$2 / $2Sq Ft:2,074 / 2,074DOM:15 / 6New:3Total:6

6-Month Sales Trend

Dec 2025
Median Price:$879,000Median DOM:17New:0Total:15
Jan 2026
Median Price:$1,099,999Median DOM:11New:11Total:14
Feb 2026
Median Price:$1,100,000Median DOM:16New:4Total:18
Mar 2026
Median Price:$1,079,000Median DOM:15New:25Total:40
Apr 2026
Median Price:$1,175,000Median DOM:13New:30Total:59
May 2026
Median Price:$1,150,000Median DOM:13New:8Total:68

6-Month Rental Trend

Dec 2025
Median Rent:$2,850Median DOM:35New:2Total:17
Jan 2026
Median Rent:$3,250Median DOM:22New:5Total:16
Feb 2026
Median Rent:$3,350Median DOM:21New:8Total:24
Mar 2026
Median Rent:$3,300Median DOM:23New:8Total:28
Apr 2026
Median Rent:$3,300Median DOM:24New:5Total:26
May 2026
Median Rent:$3,450Median DOM:22New:4Total:29

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, 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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