ZIP 07055 Housing Market Report
New York Metro
Report period: August 2026
07055 Monthly Market Update – August 2026
ZIP 07055 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$599,000
0.0%
Median DOM (Sales)
42
+7.7%
New Listings (Sales)
2
−90.9%
Median Rent
$2,100
0.0%
Median DOM (Rental)
40
−24.5%
Total Rental Listings
161
+1.3%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (32 DOM)
- Fastest renting: Townhouse (1 DOM)
- Strongest bedroom: 8 Beds ($829,999 median)
Sales Market Overview
Median Price
$599,000
0.0%
Median DOM
42
+7.7%
New Listings
2
−90.9%
Inventory
80
−7.0%
- Average Price: $621,672
- Median Price: $599,000
- Price Range: $160,000 – $1,995,000
- Price per Sq Ft (Avg/Median): $287 / $284
- Square Footage (Avg/Median): 3,351 / 1,584
- Square Footage Range: 1,043 – 19,998
- Days on Market (Avg/Median): 60 / 42
- Days on Market Range: 3 – 201
- New Listings: 2
- Total Listings: 80
Sales by Property Type
Condo
Avg/Median Price$311,862 / $289,900Range$160,000 – $599,000Price per Sq Ft$233 / $209Sq Ft1,215 / 1,043DOM52 / 32New0Total16
Land
Avg/Median Price$245,000 / $245,000Range$245,000 – $245,000Price per Sq Ft—Sq Ft—DOM158 / 158New0Total1
Multi-Family
Avg/Median Price$731,100 / $748,900Range$450,000 – $1,186,000Price per Sq Ft$262 / $284Sq Ft5,963 / 2,318DOM52 / 34New0Total26
Single Family
Avg/Median Price$732,644 / $665,000Range$249,999 – $1,995,000Price per Sq Ft$350 / $306Sq Ft1,640 / 1,584DOM65 / 65New2Total32
Townhouse
Avg/Median Price$409,160 / $368,000Range$359,000 – $559,900Price per Sq Ft$261 / $261Sq Ft1,408 / 1,408DOM83 / 44New0Total5
Sales by Bedroom Count
Studio
Avg:$160,000Median:$160,000Range:$160,000 – $160,000PSF:—Sq Ft:—DOM:31 / 30New:0Total:2
1 Beds
Avg:$264,750Median:$275,000Range:$210,000 – $299,000PSF:—Sq Ft:—DOM:46 / 31New:0Total:4
2 Beds
Avg:$330,823Median:$355,000Range:$250,000 – $399,900PSF:$258 / $258Sq Ft:1,229 / 1,258DOM:62 / 42New:0Total:13
3 Beds
Avg:$625,153Median:$599,000Range:$468,700 – $899,000PSF:$398 / $296Sq Ft:1,392 / 1,200DOM:56 / 33New:2Total:17
4 Beds
Avg:$579,908Median:$599,000Range:$249,999 – $749,000PSF:$261 / $261Sq Ft:1,408 / 1,408DOM:55 / 41New:0Total:13
5 Beds
Avg:$826,257Median:$799,000Range:$569,900 – $1,186,000PSF:$399 / $333Sq Ft:1,858 / 1,716DOM:44 / 35New:0Total:7
6 Beds
Avg:$725,690Median:$759,999Range:$450,000 – $999,999PSF:$211 / $284Sq Ft:8,139 / 2,318DOM:77 / 43New:0Total:10
7 Beds
Avg:$750,000Median:$750,000Range:$750,000 – $750,000PSF:—Sq Ft:—DOM:53 / 51New:0Total:2
8 Beds
Avg:$1,009,273Median:$829,999Range:$725,000 – $1,995,000PSF:$181 / $181Sq Ft:4,201 / 4,201DOM:70 / 88New:0Total:11
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $160,000 | $160,000 | $160,000 – $160,000 | — | — | 31 / 30 | 0 | 2 |
| 1 Beds | $264,750 | $275,000 | $210,000 – $299,000 | — | — | 46 / 31 | 0 | 4 |
| 2 Beds | $330,823 | $355,000 | $250,000 – $399,900 | $258 / $258 | 1,229 / 1,258 | 62 / 42 | 0 | 13 |
| 3 Beds | $625,153 | $599,000 | $468,700 – $899,000 | $398 / $296 | 1,392 / 1,200 | 56 / 33 | 2 | 17 |
| 4 Beds | $579,908 | $599,000 | $249,999 – $749,000 | $261 / $261 | 1,408 / 1,408 | 55 / 41 | 0 | 13 |
| 5 Beds | $826,257 | $799,000 | $569,900 – $1,186,000 | $399 / $333 | 1,858 / 1,716 | 44 / 35 | 0 | 7 |
| 6 Beds | $725,690 | $759,999 | $450,000 – $999,999 | $211 / $284 | 8,139 / 2,318 | 77 / 43 | 0 | 10 |
| 7 Beds | $750,000 | $750,000 | $750,000 – $750,000 | — | — | 53 / 51 | 0 | 2 |
| 8 Beds | $1,009,273 | $829,999 | $725,000 – $1,995,000 | $181 / $181 | 4,201 / 4,201 | 70 / 88 | 0 | 11 |
Rental Market Overview
Median Rent
$2,100
0.0%
Median DOM
40
−24.5%
New Listings
21
Inventory
161
+1.3%
- Average Rent: $2,209
- Median Rent: $2,100
- Rent Range: $1,100 – $4,200
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 899 / 806
- Square Footage Range: 435 – 2,016
- Days on Market (Avg/Median): 65 / 40
- Days on Market Range: 1 – 252
- New Listings: 21
- Total Listings: 161
Rentals by Property Type
Apartment
$2,100
Median DOM: 32
Inventory: 76
MoM: 0.0%
Condo
$2,000
Median DOM: 23
Inventory: 11
MoM: 0.0%
Single Family
$2,000
Median DOM: 45
Inventory: 15
MoM: 0.0%
Townhouse
$3,499
Median DOM: 1
Inventory: 5
MoM: 0.0%
Apartment
Avg/Median Rent$2,050 / $2,100Range$1,100 – $3,250Rent per Sq Ft$3 / $2Sq Ft812 / 800DOM66 / 32New11Total76
Condo
Avg/Median Rent$2,041 / $2,000Range$1,650 – $2,500Rent per Sq Ft$2 / $3Sq Ft850 / 800DOM26 / 23New3Total11
Multi-Family
Avg/Median Rent$2,400 / $2,400Range$1,500 – $3,250Rent per Sq Ft$2 / $2Sq Ft1,150 / 1,000DOM71 / 62New5Total54
Single Family
Avg/Median Rent$2,023 / $2,000Range$1,550 – $2,500Rent per Sq Ft$3 / $3Sq Ft734 / 800DOM88 / 45New1Total15
Townhouse
Avg/Median Rent$3,499 / $3,499Range$2,300 – $4,200Rent per Sq Ft$3 / $2Sq Ft1,406 / 1,214DOM2 / 1New1Total5
Rentals by Bedroom Count
Studio
Avg:$1,835Median:$1,800Range:$1,650 – $2,150PSF:$3 / $3Sq Ft:693 / 672DOM:46 / 35New:0Total:5
1 Beds
Avg:$1,715Median:$1,700Range:$1,100 – $2,400PSF:$2 / $2Sq Ft:734 / 700DOM:59 / 27New:7Total:42
2 Beds
Avg:$2,163Median:$2,100Range:$1,595 – $3,499PSF:$3 / $2Sq Ft:884 / 900DOM:70 / 45New:11Total:67
3 Beds
Avg:$2,724Median:$2,550Range:$1,700 – $4,200PSF:$3 / $3Sq Ft:1,206 / 1,000DOM:63 / 41New:3Total:37
4 Beds
Avg:$2,872Median:$3,000Range:$2,395 – $3,200PSF:$2 / $2Sq Ft:2,016 / 2,016DOM:73 / 53New:0Total:9
5 Beds
Avg:$2,950Median:$2,950Range:$2,950 – $2,950PSF:—Sq Ft:—DOM:55 / 55New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,835 | $1,800 | $1,650 – $2,150 | $3 / $3 | 693 / 672 | 46 / 35 | 0 | 5 |
| 1 Beds | $1,715 | $1,700 | $1,100 – $2,400 | $2 / $2 | 734 / 700 | 59 / 27 | 7 | 42 |
| 2 Beds | $2,163 | $2,100 | $1,595 – $3,499 | $3 / $2 | 884 / 900 | 70 / 45 | 11 | 67 |
| 3 Beds | $2,724 | $2,550 | $1,700 – $4,200 | $3 / $3 | 1,206 / 1,000 | 63 / 41 | 3 | 37 |
| 4 Beds | $2,872 | $3,000 | $2,395 – $3,200 | $2 / $2 | 2,016 / 2,016 | 73 / 53 | 0 | 9 |
| 5 Beds | $2,950 | $2,950 | $2,950 – $2,950 | — | — | 55 / 55 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$585,000Median DOM:34New:25Total:57
Apr 2026
Median Price:$585,000Median DOM:35New:27Total:75
May 2026
Median Price:$597,000Median DOM:41New:24Total:88
Jun 2026
Median Price:$599,900Median DOM:43New:15Total:85
Jul 2026
Median Price:$599,000Median DOM:39New:22Total:86
Aug 2026
Median Price:$599,000Median DOM:42New:2Total:80
6-Month Rental Trend
Mar 2026
Median Rent:$2,100Median DOM:44New:47Total:158
Apr 2026
Median Rent:$2,100Median DOM:42New:38Total:155
May 2026
Median Rent:$2,150Median DOM:47New:35Total:147
Jun 2026
Median Rent:$2,150Median DOM:58New:38Total:150
Jul 2026
Median Rent:$2,100Median DOM:53New:43Total:159
Aug 2026
Median Rent:$2,100Median DOM:40New:21Total:161
Key Market Takeaways
Median sale prices held steady 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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