ZIP 07054 Housing Market Report

New York Metro

Report period: July 2026

07054 Monthly Market Update – July 2026

ZIP 07054 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$784,900
−1.9%
Median DOM (Sales)
17
−5.6%
New Listings (Sales)
12
−64.7%
Median Rent
$3,500
0.0%
Median DOM (Rental)
17
−22.7%
Total Rental Listings
42
+7.7%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (16 DOM)
  • Fastest renting: Townhouse (11 DOM)
  • Strongest bedroom: 5 Beds ($999,999 median)

Sales Market Overview

Median Price
$784,900
−1.9%
Median DOM
17
−5.6%
New Listings
12
−64.7%
Inventory
86
+7.5%
  • Average Price: $815,864
  • Median Price: $784,900
  • Price Range: $265,900 – $1,399,000
  • Price per Sq Ft (Avg/Median): $344 / $361
  • Square Footage (Avg/Median): 3,046 / 2,628
  • Square Footage Range: 700 – 9,801
  • Days on Market (Avg/Median): 31 / 17
  • Days on Market Range: 3 – 169
  • New Listings: 12
  • Total Listings: 86

Sales by Property Type

Condo
Avg/Median Price$669,243 / $749,900Range$265,900 – $1,039,999Price per Sq Ft$355 / $380Sq Ft2,222 / 1,892DOM25 / 16New1Total7
Single Family
Avg/Median Price$826,313 / $799,000Range$325,000 – $1,399,000Price per Sq Ft$354 / $361Sq Ft3,280 / 2,628DOM29 / 17New9Total61
Townhouse
Avg/Median Price$837,474 / $749,990Range$300,000 – $1,188,800Price per Sq Ft$320 / $264Sq Ft3,164 / 3,800DOM41 / 30New2Total18

Sales by Bedroom Count

1 Beds
Avg:$295,300Median:$295,000Range:$265,900 – $325,000PSF:$380 / $380Sq Ft:700 / 700DOM:43 / 57New:0Total:3
2 Beds
Avg:$532,428Median:$445,000Range:$400,000 – $699,999PSF:$383 / $383Sq Ft:1,719 / 1,719DOM:21 / 16New:0Total:7
3 Beds
Avg:$779,907Median:$748,910Range:$300,000 – $1,188,800PSF:$314 / $264Sq Ft:3,413 / 2,870DOM:32 / 17New:8Total:33
4 Beds
Avg:$857,135Median:$818,800Range:$480,000 – $1,395,000PSF:$396 / $361Sq Ft:2,438 / 2,342DOM:32 / 18New:4Total:29
5 Beds
Avg:$1,063,222Median:$999,999Range:$650,000 – $1,300,000PSF:$339 / $290Sq Ft:3,488 / 3,252DOM:27 / 18New:0Total:12
6 Beds
Avg:$1,099,450Median:$799,900Range:$799,900 – $1,399,000PSF:Sq Ft:DOM:39 / 30New:0Total:2

Rental Market Overview

Median Rent
$3,500
0.0%
Median DOM
17
−22.7%
New Listings
6
Inventory
42
+7.7%
  • Average Rent: $3,298
  • Median Rent: $3,500
  • Rent Range: $1,295 – $5,500
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,210 / 770
  • Square Footage Range: 370 – 2,400
  • Days on Market (Avg/Median): 33 / 17
  • Days on Market Range: 5 – 136
  • New Listings: 6
  • Total Listings: 42

Rentals by Property Type

Apartment
$1,995
Median DOM: 21
Inventory: 14
MoM: 0.0%
Condo
$1,995
Median DOM: 58
Inventory: 2
MoM: 0.0%
Single Family
$4,000
Median DOM: 20
Inventory: 16
MoM: 0.0%
Townhouse
$4,000
Median DOM: 11
Inventory: 9
MoM: 0.0%
Apartment
Avg/Median Rent$2,229 / $1,995Range$1,800 – $2,810Rent per Sq Ft$4 / $4Sq Ft656 / 650DOM51 / 21New0Total14
Condo
Avg/Median Rent$2,922 / $1,995Range$1,995 – $3,850Rent per Sq Ft$2 / $2Sq Ft1,788 / 1,788DOM97 / 58New0Total2
Multi-Family
Avg/Median Rent$1,295 / $1,295Range$1,295 – $1,295Rent per Sq FtSq FtDOM41 / 41New0Total1
Single Family
Avg/Median Rent$4,051 / $4,000Range$3,000 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,986 / 2,000DOM33 / 20New2Total16
Townhouse
Avg/Median Rent$3,928 / $4,000Range$3,450 – $4,300Rent per Sq Ft$2 / $2Sq Ft1,941 / 2,051DOM12 / 11New4Total9

Rentals by Bedroom Count

Studio
Avg:$2,244Median:$2,076Range:$1,993 – $2,664PSF:$4 / $4Sq Ft:531 / 526DOM:120 / 120New:0Total:3
1 Beds
Avg:$2,088Median:$1,990Range:$1,295 – $2,810PSF:$3 / $3Sq Ft:698 / 747DOM:27 / 12New:0Total:11
2 Beds
Avg:$2,936Median:$2,800Range:$1,995 – $3,500PSF:Sq Ft:DOM:47 / 17New:0Total:4
3 Beds
Avg:$3,813Median:$3,950Range:$3,000 – $4,300PSF:$2 / $2Sq Ft:1,922 / 2,000DOM:26 / 12New:5Total:15
4 Beds
Avg:$4,459Median:$4,300Range:$3,975 – $5,500PSF:$2 / $2Sq Ft:1,843 / 1,808DOM:31 / 17New:1Total:8
5 Beds
Avg:$4,200Median:$4,200Range:$4,200 – $4,200PSF:$2 / $2Sq Ft:2,400 / 2,400DOM:33 / 33New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$711,000Median DOM:25New:16Total:52
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:$784,900Median DOM:17New:12Total:86

6-Month Rental Trend

Feb 2026
Median Rent:$3,200Median DOM:39New:12Total:41
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:$3,500Median DOM:17New:6Total:42

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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.

← Back to New York Metro