ZIP 07054 Housing Market Report

New York Metro

Report period: August 2026

07054 Monthly Market Update – August 2026

ZIP 07054 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$780,000
+0.6%
Median DOM (Sales)
26
+23.8%
New Listings (Sales)
3
−90.3%
Median Rent
$3,750
0.0%
Median DOM (Rental)
41
+32.3%
Total Rental Listings
44
+2.3%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Condo (12 DOM)
  • Fastest renting: Multi-Family (2 DOM)
  • Strongest bedroom: 5 Beds ($1,199,900 median)

Sales Market Overview

Median Price
$780,000
+0.6%
Median DOM
26
+23.8%
New Listings
3
−90.3%
Inventory
88
−1.1%
  • Average Price: $818,556
  • Median Price: $780,000
  • Price Range: $295,000 – $1,399,000
  • Price per Sq Ft (Avg/Median): $341 / $326
  • Square Footage (Avg/Median): 3,095 / 2,750
  • Square Footage Range: 1,200 – 9,801
  • Days on Market (Avg/Median): 37 / 26
  • Days on Market Range: 2 – 199
  • New Listings: 3
  • Total Listings: 88

Sales by Property Type

Condo
Avg/Median Price$634,977 / $749,900Range$295,000 – $1,039,999Price per Sq Ft$325 / $305Sq Ft2,946 / 2,870DOM24 / 12New0Total9
Single Family
Avg/Median Price$835,055 / $799,000Range$325,000 – $1,399,000Price per Sq Ft$348 / $326Sq Ft3,194 / 2,540DOM37 / 21New3Total65
Townhouse
Avg/Median Price$859,967 / $749,990Range$699,000 – $1,178,800Price per Sq Ft$335 / $264Sq Ft2,965 / 1,892DOM48 / 35New0Total14

Sales by Bedroom Count

1 Beds
Avg:$319,000Median:$325,000Range:$295,000 – $325,000PSF:Sq Ft:DOM:32 / 12New:0Total:5
2 Beds
Avg:$526,000Median:$439,000Range:$439,000 – $699,999PSF:Sq Ft:DOM:34 / 11New:0Total:3
3 Beds
Avg:$785,910Median:$748,910Range:$549,900 – $1,178,800PSF:$322 / $305Sq Ft:3,297 / 2,870DOM:35 / 21New:2Total:34
4 Beds
Avg:$842,006Median:$818,800Range:$480,000 – $1,395,000PSF:$367 / $321Sq Ft:2,404 / 2,342DOM:37 / 20New:1Total:34
5 Beds
Avg:$1,123,651Median:$1,199,900Range:$799,000 – $1,300,000PSF:$344 / $326Sq Ft:3,791 / 3,957DOM:54 / 42New:0Total:9
6 Beds
Avg:$1,132,633Median:$1,199,000Range:$799,900 – $1,399,000PSF:$343 / $343Sq Ft:3,500 / 3,500DOM:34 / 30New:0Total:3

Rental Market Overview

Median Rent
$3,750
0.0%
Median DOM
41
+32.3%
New Listings
2
Inventory
44
+2.3%
  • Average Rent: $3,328
  • Median Rent: $3,750
  • Rent Range: $1,295 – $5,800
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,278 / 885
  • Square Footage Range: 370 – 2,400
  • Days on Market (Avg/Median): 44 / 41
  • Days on Market Range: 2 – 150
  • New Listings: 2
  • Total Listings: 44

Rentals by Property Type

Apartment
$1,995
Median DOM: 42
Inventory: 13
MoM: 0.0%
Condo
$3,850
Median DOM: 30
Inventory: 4
MoM: 0.0%
Single Family
$4,000
Median DOM: 42
Inventory: 15
MoM: 0.0%
Townhouse
$4,000
Median DOM: 29
Inventory: 10
MoM: 0.0%
Apartment
Avg/Median Rent$2,074 / $1,995Range$1,755 – $2,664Rent per Sq Ft$4 / $3Sq Ft596 / 554DOM96 / 42New0Total13
Condo
Avg/Median Rent$3,636 / $3,850Range$1,995 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,853 / 1,788DOM65 / 30New0Total4
Multi-Family
Avg/Median Rent$1,898 / $1,295Range$1,295 – $2,500Rent per Sq Ft$3 / $3Sq Ft871 / 871DOM27 / 2New0Total2
Single Family
Avg/Median Rent$4,022 / $4,000Range$3,200 – $4,800Rent per Sq Ft$2 / $2Sq Ft1,966 / 1,865DOM42 / 42New2Total15
Townhouse
Avg/Median Rent$4,080 / $4,000Range$3,450 – $5,800Rent per Sq Ft$2 / $2Sq Ft1,963 / 1,930DOM32 / 29New0Total10

Rentals by Bedroom Count

Studio
Avg:$2,330Median:$2,230Range:$2,076 – $2,664PSF:$5 / $5Sq Ft:502 / 491DOM:96 / 42New:0Total:5
1 Beds
Avg:$1,845Median:$1,887Range:$1,295 – $2,095PSF:$3 / $3Sq Ft:663 / 650DOM:51 / 51New:0Total:9
2 Beds
Avg:$2,861Median:$2,500Range:$1,995 – $3,500PSF:$3 / $3Sq Ft:871 / 871DOM:53 / 27New:0Total:4
3 Beds
Avg:$4,050Median:$4,000Range:$3,200 – $5,800PSF:$2 / $2Sq Ft:1,926 / 1,930DOM:39 / 40New:0Total:17
4 Beds
Avg:$4,209Median:$4,000Range:$3,975 – $4,800PSF:$2 / $2Sq Ft:1,849 / 1,808DOM:35 / 20New:2Total:8
5 Beds
Avg:$4,200Median:$4,200Range:$4,200 – $4,200PSF:$2 / $2Sq Ft:2,400 / 2,400DOM:63 / 63New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$749,000Median DOM:26New:20Total:60
Apr 2026
Median Price:$765,000Median DOM:26New:23Total:69
May 2026
Median Price:$765,000Median DOM:23New:23Total:77
Jun 2026
Median Price:$799,900Median DOM:18New:34Total:80
Jul 2026
Median Price:$775,000Median DOM:21New:31Total:89
Aug 2026
Median Price:$780,000Median DOM:26New:3Total:88

6-Month Rental Trend

Mar 2026
Median Rent:$2,900Median DOM:40New:6Total:42
Apr 2026
Median Rent:$3,195Median DOM:29New:8Total:40
May 2026
Median Rent:$3,500Median DOM:31New:9Total:38
Jun 2026
Median Rent:$3,500Median DOM:22New:10Total:39
Jul 2026
Median Rent:$3,750Median DOM:31New:12Total:43
Aug 2026
Median Rent:$3,750Median DOM:41New:2Total:44

Key Market Takeaways

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