ZIP 07055 Housing Market Report
New York Metro
Report period: May 2026
07055 Monthly Market Update – May 2026
ZIP 07055 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$575,900
−1.6%
Median DOM (Sales)
31
−11.4%
New Listings (Sales)
9
−66.7%
Median Rent
$2,100
0.0%
Median DOM (Rental)
38
−9.5%
Total Rental Listings
148
−4.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (26 DOM)
- Fastest renting: Townhouse (1 DOM)
- Strongest bedroom: 7 Beds ($849,999 median)
Sales Market Overview
Median Price
$575,900
−1.6%
Median DOM
31
−11.4%
New Listings
9
−66.7%
Inventory
84
+12.0%
- Average Price: $635,944
- Median Price: $575,900
- Price Range: $150,000 – $2,150,000
- Price per Sq Ft (Avg/Median): $270 / $290
- Square Footage (Avg/Median): 3,892 / 1,700
- Square Footage Range: 400 – 19,998
- Days on Market (Avg/Median): 50 / 31
- Days on Market Range: 2 – 221
- New Listings: 9
- Total Listings: 84
Sales by Property Type
Condo
Avg/Median Price$336,986 / $350,000Range$150,000 – $569,000Price per Sq Ft$292 / $281Sq Ft1,049 / 1,044DOM58 / 39New2Total15
Land
Avg/Median Price$245,000 / $245,000Range$245,000 – $245,000Price per Sq Ft—Sq Ft—DOM68 / 68New0Total1
Multi-Family
Avg/Median Price$729,152 / $719,999Range$495,000 – $1,499,000Price per Sq Ft$210 / $284Sq Ft8,241 / 2,726DOM56 / 34New2Total25
Single Family
Avg/Median Price$722,149 / $645,000Range$249,999 – $2,150,000Price per Sq Ft$313 / $318Sq Ft2,197 / 1,980DOM41 / 26New4Total39
Townhouse
Avg/Median Price$431,725 / $379,000Range$379,000 – $569,000Price per Sq Ft—Sq Ft—DOM59 / 52New1Total4
Sales by Bedroom Count
Studio
Avg:$150,000Median:$150,000Range:$150,000 – $150,000PSF:$375 / $375Sq Ft:400 / 400DOM:221 / 221New:0Total:1
1 Beds
Avg:$212,500Median:$150,000Range:$150,000 – $275,000PSF:$256 / $231Sq Ft:814 / 650DOM:25 / 11New:0Total:2
2 Beds
Avg:$366,629Median:$379,000Range:$279,000 – $434,900PSF:$294 / $305Sq Ft:1,239 / 1,258DOM:39 / 35New:4Total:17
3 Beds
Avg:$598,467Median:$569,000Range:$454,000 – $899,000PSF:$290 / $290Sq Ft:1,584 / 1,584DOM:55 / 28New:1Total:15
4 Beds
Avg:$593,193Median:$585,000Range:$249,999 – $759,000PSF:$310 / $295Sq Ft:1,927 / 1,980DOM:30 / 25New:2Total:15
5 Beds
Avg:$617,975Median:$597,000Range:$299,900 – $869,000PSF:$271 / $288Sq Ft:1,849 / 2,000DOM:57 / 31New:1Total:8
6 Beds
Avg:$853,393Median:$780,000Range:$549,000 – $1,400,000PSF:$240 / $304Sq Ft:7,836 / 3,349DOM:55 / 34New:1Total:15
7 Beds
Avg:$1,041,333Median:$849,999Range:$775,000 – $1,499,000PSF:$180 / $75Sq Ft:11,362 / 2,726DOM:92 / 101New:0Total:3
8 Beds
Avg:$1,089,000Median:$849,999Range:$649,000 – $2,150,000PSF:—Sq Ft:—DOM:50 / 55New:0Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $150,000 | $150,000 | $150,000 – $150,000 | $375 / $375 | 400 / 400 | 221 / 221 | 0 | 1 |
| 1 Beds | $212,500 | $150,000 | $150,000 – $275,000 | $256 / $231 | 814 / 650 | 25 / 11 | 0 | 2 |
| 2 Beds | $366,629 | $379,000 | $279,000 – $434,900 | $294 / $305 | 1,239 / 1,258 | 39 / 35 | 4 | 17 |
| 3 Beds | $598,467 | $569,000 | $454,000 – $899,000 | $290 / $290 | 1,584 / 1,584 | 55 / 28 | 1 | 15 |
| 4 Beds | $593,193 | $585,000 | $249,999 – $759,000 | $310 / $295 | 1,927 / 1,980 | 30 / 25 | 2 | 15 |
| 5 Beds | $617,975 | $597,000 | $299,900 – $869,000 | $271 / $288 | 1,849 / 2,000 | 57 / 31 | 1 | 8 |
| 6 Beds | $853,393 | $780,000 | $549,000 – $1,400,000 | $240 / $304 | 7,836 / 3,349 | 55 / 34 | 1 | 15 |
| 7 Beds | $1,041,333 | $849,999 | $775,000 – $1,499,000 | $180 / $75 | 11,362 / 2,726 | 92 / 101 | 0 | 3 |
| 8 Beds | $1,089,000 | $849,999 | $649,000 – $2,150,000 | — | — | 50 / 55 | 0 | 7 |
Rental Market Overview
Median Rent
$2,100
0.0%
Median DOM
38
−9.5%
New Listings
17
Inventory
148
−4.5%
- Average Rent: $2,292
- Median Rent: $2,100
- Rent Range: $1,000 – $4,000
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 955 / 850
- Square Footage Range: 435 – 3,250
- Days on Market (Avg/Median): 66 / 38
- Days on Market Range: 1 – 334
- New Listings: 17
- Total Listings: 148
Rentals by Property Type
Apartment
$2,100
Median DOM: 27
Inventory: 61
MoM: 0.0%
Condo
$2,100
Median DOM: 31
Inventory: 6
MoM: 0.0%
Single Family
$2,300
Median DOM: 37
Inventory: 24
MoM: 0.0%
Townhouse
$3,999
Median DOM: 1
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$2,086 / $2,100Range$1,000 – $3,700Rent per Sq Ft$3 / $2Sq Ft793 / 779DOM68 / 27New5Total61
Condo
Avg/Median Rent$2,141 / $2,100Range$1,495 – $3,200Rent per Sq Ft$3 / $2Sq Ft912 / 625DOM56 / 31New0Total6
Multi-Family
Avg/Median Rent$2,429 / $2,500Range$1,400 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,380 / 1,100DOM75 / 62New6Total54
Single Family
Avg/Median Rent$2,355 / $2,300Range$1,700 – $4,000Rent per Sq Ft$3 / $2Sq Ft886 / 800DOM55 / 37New4Total24
Townhouse
Avg/Median Rent$3,832 / $3,999Range$3,499 – $3,999Rent per Sq Ft$2 / $2Sq Ft1,605 / 1,800DOM1 / 1New2Total3
Rentals by Bedroom Count
Studio
Avg:$1,583Median:$1,500Range:$1,450 – $1,800PSF:$2 / $2Sq Ft:950 / 950DOM:184 / 182New:0Total:3
1 Beds
Avg:$1,667Median:$1,700Range:$1,000 – $2,100PSF:$3 / $2Sq Ft:625 / 650DOM:66 / 47New:4Total:29
2 Beds
Avg:$2,181Median:$2,100Range:$1,695 – $3,499PSF:$2 / $2Sq Ft:970 / 906DOM:61 / 37New:7Total:71
3 Beds
Avg:$2,765Median:$2,700Range:$1,895 – $3,999PSF:$3 / $2Sq Ft:1,127 / 1,025DOM:75 / 63New:5Total:30
4 Beds
Avg:$3,155Median:$3,300Range:$2,500 – $3,800PSF:$2 / $2Sq Ft:1,739 / 2,016DOM:52 / 34New:1Total:11
5 Beds
Avg:$3,217Median:$3,200Range:$2,950 – $3,500PSF:$3 / $3Sq Ft:1,200 / 1,200DOM:29 / 31New:0Total:3
6 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:—Sq Ft:—DOM:74 / 74New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,583 | $1,500 | $1,450 – $1,800 | $2 / $2 | 950 / 950 | 184 / 182 | 0 | 3 |
| 1 Beds | $1,667 | $1,700 | $1,000 – $2,100 | $3 / $2 | 625 / 650 | 66 / 47 | 4 | 29 |
| 2 Beds | $2,181 | $2,100 | $1,695 – $3,499 | $2 / $2 | 970 / 906 | 61 / 37 | 7 | 71 |
| 3 Beds | $2,765 | $2,700 | $1,895 – $3,999 | $3 / $2 | 1,127 / 1,025 | 75 / 63 | 5 | 30 |
| 4 Beds | $3,155 | $3,300 | $2,500 – $3,800 | $2 / $2 | 1,739 / 2,016 | 52 / 34 | 1 | 11 |
| 5 Beds | $3,217 | $3,200 | $2,950 – $3,500 | $3 / $3 | 1,200 / 1,200 | 29 / 31 | 0 | 3 |
| 6 Beds | $4,000 | $4,000 | $4,000 – $4,000 | — | — | 74 / 74 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$525,000Median DOM:49New:13Total:71
Jan 2026
Median Price:$525,000Median DOM:52New:13Total:56
Feb 2026
Median Price:$569,000Median DOM:51New:8Total:52
Mar 2026
Median Price:$585,000Median DOM:34New:25Total:57
Apr 2026
Median Price:$585,000Median DOM:35New:27Total:75
May 2026
Median Price:$575,900Median DOM:31New:9Total:84
6-Month Rental Trend
Dec 2025
Median Rent:$2,100Median DOM:41New:45Total:130
Jan 2026
Median Rent:$2,100Median DOM:51New:39Total:146
Feb 2026
Median Rent:$2,100Median DOM:45New:49Total:159
Mar 2026
Median Rent:$2,100Median DOM:44New:47Total:158
Apr 2026
Median Rent:$2,100Median DOM:42New:38Total:155
May 2026
Median Rent:$2,100Median DOM:38New:17Total:148
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 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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