ZIP 07050 Housing Market Report

New York Metro

Report period: May 2026

07050 Monthly Market Update – May 2026

ZIP 07050 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$499,999
+0.0%
Median DOM (Sales)
47
+11.9%
New Listings (Sales)
8
−77.1%
Median Rent
$2,040
+2.0%
Median DOM (Rental)
36
−14.3%
Total Rental Listings
206
−0.5%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (35 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($750,000 median)

Sales Market Overview

Median Price
$499,999
+0.0%
Median DOM
47
+11.9%
New Listings
8
−77.1%
Inventory
135
+4.7%
  • Average Price: $534,350
  • Median Price: $499,999
  • Price Range: $149,000 – $899,000
  • Price per Sq Ft (Avg/Median): $280 / $299
  • Square Footage (Avg/Median): 3,115 / 1,900
  • Square Footage Range: 775 – 19,998
  • Days on Market (Avg/Median): 64 / 47
  • Days on Market Range: 2 – 340
  • New Listings: 8
  • Total Listings: 135

Sales by Property Type

Condo
Avg/Median Price$264,500 / $175,000Range$149,000 – $450,000Price per Sq Ft$282 / $226Sq Ft1,140 / 1,180DOM56 / 37New1Total10
Land
Avg/Median Price$323,636 / $295,000Range$199,000 – $699,000Price per Sq FtSq FtDOM119 / 96New0Total11
Multi-Family
Avg/Median Price$627,068 / $615,000Range$397,000 – $875,000Price per Sq Ft$248 / $281Sq Ft4,957 / 2,200DOM73 / 58New1Total41
Single Family
Avg/Median Price$550,992 / $499,000Range$299,900 – $899,000Price per Sq Ft$311 / $336Sq Ft1,880 / 1,768DOM52 / 35New6Total73

Sales by Bedroom Count

1 Beds
Avg:$149,000Median:$149,000Range:$149,000 – $149,000PSF:Sq Ft:DOM:34 / 27New:0Total:3
2 Beds
Avg:$334,250Median:$350,000Range:$175,000 – $439,999PSF:$278 / $226Sq Ft:978 / 978DOM:60 / 37New:0Total:12
3 Beds
Avg:$505,142Median:$489,999Range:$299,900 – $799,000PSF:$311 / $336Sq Ft:1,640 / 1,444DOM:46 / 29New:4Total:40
4 Beds
Avg:$577,223Median:$589,000Range:$359,000 – $819,000PSF:$226 / $205Sq Ft:6,647 / 2,452DOM:63 / 52New:1Total:30
5 Beds
Avg:$672,870Median:$625,000Range:$397,000 – $899,000PSF:$363 / $313Sq Ft:1,888 / 1,600DOM:41 / 37New:3Total:17
6 Beds
Avg:$711,800Median:$750,000Range:$495,000 – $789,000PSF:$235 / $235Sq Ft:3,300 / 3,300DOM:98 / 52New:0Total:5
7 Beds
Avg:$704,428Median:$675,000Range:$549,999 – $880,000PSF:$260 / $202Sq Ft:2,723 / 2,973DOM:97 / 62New:0Total:14
8 Beds
Avg:$579,000Median:$539,000Range:$499,000 – $699,000PSF:$297 / $244Sq Ft:2,021 / 1,998DOM:71 / 79New:0Total:3

Rental Market Overview

Median Rent
$2,040
+2.0%
Median DOM
36
−14.3%
New Listings
34
Inventory
206
−0.5%
  • Average Rent: $2,194
  • Median Rent: $2,040
  • Rent Range: $1,425 – $6,083
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 842 / 750
  • Square Footage Range: 400 – 2,427
  • Days on Market (Avg/Median): 61 / 36
  • Days on Market Range: 1 – 316
  • New Listings: 34
  • Total Listings: 206

Rentals by Property Type

Apartment
$1,895
Median DOM: 76
Inventory: 116
MoM: +2.0%
Condo
$2,215
Median DOM: 1
Inventory: 35
MoM: +2.0%
Single Family
$2,850
Median DOM: 18
Inventory: 15
MoM: +2.0%
Townhouse
$2,600
Median DOM: 106
Inventory: 1
MoM: +2.0%
Apartment
Avg/Median Rent$1,998 / $1,895Range$1,425 – $6,083Rent per Sq Ft$3 / $2Sq Ft750 / 750DOM75 / 76New13Total116
Condo
Avg/Median Rent$2,172 / $2,215Range$1,449 – $3,195Rent per Sq Ft$3 / $3Sq Ft816 / 704DOM9 / 1New16Total35
Multi-Family
Avg/Median Rent$2,410 / $2,400Range$1,500 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,300 / 1,200DOM82 / 47New3Total39
Single Family
Avg/Median Rent$3,167 / $2,850Range$1,800 – $4,500Rent per Sq Ft$2 / $1Sq Ft1,838 / 1,300DOM35 / 18New2Total15
Townhouse
Avg/Median Rent$2,600 / $2,600Range$2,600 – $2,600Rent per Sq FtSq FtDOM106 / 106New0Total1

Rentals by Bedroom Count

Studio
Avg:$1,881Median:$1,815Range:$1,425 – $3,500PSF:$3 / $4Sq Ft:697 / 484DOM:119 / 136New:1Total:17
1 Beds
Avg:$1,871Median:$1,800Range:$1,449 – $2,750PSF:$3 / $3Sq Ft:706 / 687DOM:50 / 21New:15Total:78
2 Beds
Avg:$2,156Median:$2,095Range:$1,599 – $3,195PSF:$2 / $2Sq Ft:958 / 909DOM:75 / 47New:11Total:66
3 Beds
Avg:$2,745Median:$2,600Range:$1,700 – $6,083PSF:$3 / $2Sq Ft:1,290 / 1,000DOM:42 / 28New:6Total:36
4 Beds
Avg:$3,312Median:$2,800Range:$2,750 – $4,200PSF:$2 / $2Sq Ft:1,200 / 1,200DOM:46 / 34New:0Total:4
5 Beds
Avg:$4,200Median:$4,000Range:$3,800 – $4,500PSF:Sq Ft:DOM:27 / 18New:0Total:4
7 Beds
Avg:$2,800Median:$2,800Range:$2,800 – $2,800PSF:Sq Ft:DOM:7 / 7New:1Total:1

6-Month Sales Trend

Dec 2025
Median Price:$549,900Median DOM:62New:10Total:116
Jan 2026
Median Price:$499,999Median DOM:69New:33Total:122
Feb 2026
Median Price:$499,000Median DOM:38New:34Total:124
Mar 2026
Median Price:$499,999Median DOM:37New:30Total:129
Apr 2026
Median Price:$499,900Median DOM:42New:35Total:129
May 2026
Median Price:$499,999Median DOM:47New:8Total:135

6-Month Rental Trend

Dec 2025
Median Rent:$2,100Median DOM:22New:80Total:201
Jan 2026
Median Rent:$2,067Median DOM:29New:65Total:207
Feb 2026
Median Rent:$2,050Median DOM:25New:69Total:211
Mar 2026
Median Rent:$2,000Median DOM:35New:59Total:209
Apr 2026
Median Rent:$2,000Median DOM:42New:52Total:207
May 2026
Median Rent:$2,040Median DOM:36New:34Total:206

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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.

← Back to New York Metro