ZIP 07046 Housing Market Report

New York Metro

Report period: May 2026

07046 Monthly Market Update – May 2026

ZIP 07046 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$1,325,000
+2.0%
Median DOM (Sales)
17
+6.3%
New Listings (Sales)
4
−66.7%
Median Rent
$4,595
0.0%
Median DOM (Rental)
32
0.0%
Total Rental Listings
3
−25.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (11 DOM)
  • Fastest renting: Single Family (28 DOM)
  • Strongest bedroom: 7 Beds ($2,749,000 median)

Sales Market Overview

Median Price
$1,325,000
+2.0%
Median DOM
17
+6.3%
New Listings
4
−66.7%
Inventory
24
0.0%
  • Average Price: $1,591,200
  • Median Price: $1,325,000
  • Price Range: $784,000 – $3,500,000
  • Price per Sq Ft (Avg/Median): $383 / $400
  • Square Footage (Avg/Median): 5,393 / 3,819
  • Square Footage Range: 1,829 – 10,000
  • Days on Market (Avg/Median): 25 / 17
  • Days on Market Range: 3 – 104
  • New Listings: 4
  • Total Listings: 24

Sales by Property Type

Condo
Avg/Median Price$991,500 / $784,000Range$784,000 – $1,199,000Price per Sq Ft$400 / $400Sq Ft3,000 / 3,000DOM29 / 11New0Total2
Single Family
Avg/Median Price$1,716,545 / $1,425,000Range$795,000 – $3,500,000Price per Sq Ft$380 / $350Sq Ft5,792 / 3,819DOM24 / 17New4Total20
Townhouse
Avg/Median Price$937,450 / $925,000Range$925,000 – $949,900Price per Sq FtSq FtDOM37 / 32New0Total2

Sales by Bedroom Count

3 Beds
Avg:$857,983Median:$795,000Range:$784,000 – $949,900PSF:$492 / $492Sq Ft:1,829 / 1,829DOM:30 / 18New:0Total:6
4 Beds
Avg:$1,320,500Median:$1,199,000Range:$930,000 – $1,995,000PSF:$400 / $400Sq Ft:3,000 / 3,000DOM:19 / 13New:1Total:6
5 Beds
Avg:$1,661,500Median:$1,425,000Range:$1,325,000 – $2,200,000PSF:$445 / $445Sq Ft:3,819 / 3,819DOM:22 / 17New:1Total:6
6 Beds
Avg:$2,549,967Median:$2,200,000Range:$2,199,900 – $3,250,000PSF:$259 / $259Sq Ft:8,500 / 8,500DOM:20 / 20New:0Total:3
7 Beds
Avg:$2,499,667Median:$2,749,000Range:$1,250,000 – $3,500,000PSF:$361 / $350Sq Ft:6,868 / 6,800DOM:37 / 5New:2Total:3

Rental Market Overview

Median Rent
$4,595
0.0%
Median DOM
32
0.0%
New Listings
0
Inventory
3
−25.0%
  • Average Rent: $5,082
  • Median Rent: $4,595
  • Rent Range: $4,250 – $6,400
  • Rent per Sq Ft (Avg/Median):
  • Square Footage (Avg/Median):
  • Square Footage Range:
  • Days on Market (Avg/Median): 58 / 32
  • Days on Market Range: 28 – 114
  • New Listings: 0
  • Total Listings: 3

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$4,595
Median DOM: 28
Inventory: 2
MoM: 0.0%
Townhouse
$4,250
Median DOM: 32
Inventory: 1
MoM: 0.0%
Single Family
Avg/Median Rent$5,498 / $4,595Range$4,595 – $6,400Rent per Sq FtSq FtDOM71 / 28New0Total2
Townhouse
Avg/Median Rent$4,250 / $4,250Range$4,250 – $4,250Rent per Sq FtSq FtDOM32 / 32New0Total1

Rentals by Bedroom Count

3 Beds
Avg:$4,250Median:$4,250Range:$4,250 – $4,250PSF:Sq Ft:DOM:32 / 32New:0Total:1
5 Beds
Avg:$5,498Median:$4,595Range:$4,595 – $6,400PSF:Sq Ft:DOM:71 / 28New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$975,000Median DOM:54New:0Total:6
Jan 2026
Median Price:$989,000Median DOM:70New:2Total:6
Feb 2026
Median Price:$1,100,000Median DOM:18New:3Total:8
Mar 2026
Median Price:$1,250,000Median DOM:21New:7Total:13
Apr 2026
Median Price:$1,299,000Median DOM:16New:12Total:24
May 2026
Median Price:$1,325,000Median DOM:17New:4Total:24

6-Month Rental Trend

Dec 2025
Median Rent:$5,200Median DOM:68New:1Total:4
Jan 2026
Median Rent:$4,995Median DOM:17New:3Total:5
Feb 2026
Median Rent:$4,995Median DOM:45New:0Total:5
Mar 2026
Median Rent:$4,995Median DOM:54New:1Total:5
Apr 2026
Median Rent:$4,595Median DOM:32New:1Total:4
May 2026
Median Rent:$4,595Median DOM:32New:0Total:3

Key Market Takeaways

Median sale prices moved higher this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, while total rental inventory tightened.

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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