ZIP 07057 Housing Market Report

New York Metro

Report period: August 2026

07057 Monthly Market Update – August 2026

ZIP 07057 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$725,000
−6.5%
Median DOM (Sales)
16
−5.9%
New Listings (Sales)
5
−50.0%
Median Rent
$2,575
+3.0%
Median DOM (Rental)
34
+9.7%
Total Rental Listings
59
+1.7%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Condo (9 DOM)
  • Fastest renting: Condo (5 DOM)
  • Strongest bedroom: 6 Beds ($1,249,900 median)

Sales Market Overview

Median Price
$725,000
−6.5%
Median DOM
16
−5.9%
New Listings
5
−50.0%
Inventory
24
+4.3%
  • Average Price: $759,158
  • Median Price: $725,000
  • Price Range: $425,000 – $1,249,900
  • Price per Sq Ft (Avg/Median): $343 / $319
  • Square Footage (Avg/Median): 2,130 / 1,488
  • Square Footage Range: 1,360 – 3,190
  • Days on Market (Avg/Median): 30 / 16
  • Days on Market Range: 6 – 146
  • New Listings: 5
  • Total Listings: 24

Sales by Property Type

Condo
Avg/Median Price$475,000 / $475,000Range$475,000 – $475,000Price per Sq Ft$319 / $319Sq Ft1,488 / 1,488DOM10 / 9New0Total2
Land
Avg/Median Price$425,000 / $425,000Range$425,000 – $425,000Price per Sq FtSq FtDOMNew0Total1
Multi-Family
Avg/Median Price$799,164 / $775,000Range$499,999 – $1,249,900Price per Sq Ft$350 / $368Sq Ft2,344 / 2,483DOM35 / 21New4Total17
Single Family
Avg/Median Price$814,750 / $725,000Range$685,000 – $1,070,000Price per Sq FtSq FtDOM17 / 13New1Total4

Sales by Bedroom Count

2 Beds
Avg:$483,333Median:$475,000Range:$475,000 – $499,999PSF:$343 / $319Sq Ft:1,424 / 1,360DOM:9 / 9New:1Total:3
3 Beds
Avg:$879,750Median:$778,999Range:$685,000 – $1,070,000PSF:Sq Ft:DOM:14 / 9New:2Total:4
4 Beds
Avg:$718,689Median:$725,000Range:$595,000 – $918,888PSF:$292 / $292Sq Ft:2,483 / 2,483DOM:43 / 22New:2Total:10
5 Beds
Avg:$859,750Median:$869,000Range:$649,999 – $1,050,000PSF:Sq Ft:DOM:18 / 16New:0Total:4
6 Beds
Avg:$1,249,900Median:$1,249,900Range:$1,249,900 – $1,249,900PSF:$392 / $392Sq Ft:3,190 / 3,190DOM:66 / 66New:0Total:1
7 Beds
Avg:$949,999Median:$949,999Range:$949,999 – $949,999PSF:Sq Ft:DOM:27 / 27New:0Total:1

Rental Market Overview

Median Rent
$2,575
+3.0%
Median DOM
34
+9.7%
New Listings
4
Inventory
59
+1.7%
  • Average Rent: $2,558
  • Median Rent: $2,575
  • Rent Range: $1,300 – $4,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 2,186 / 1,000
  • Square Footage Range: 650 – 15,000
  • Days on Market (Avg/Median): 48 / 34
  • Days on Market Range: 1 – 363
  • New Listings: 4
  • Total Listings: 59

Rentals by Property Type

Apartment
$1,800
Median DOM: 21
Inventory: 10
MoM: +3.0%
Condo
$3,500
Median DOM: 5
Inventory: 3
MoM: +3.0%
Single Family
Median DOM:
Inventory:
MoM: +3.0%
Townhouse
Median DOM:
Inventory:
MoM: +3.0%
Apartment
Avg/Median Rent$2,275 / $1,800Range$1,700 – $3,500Rent per Sq Ft$3 / $3Sq Ft804 / 700DOM52 / 21New1Total10
Condo
Avg/Median Rent$2,917 / $3,500Range$1,750 – $3,500Rent per Sq FtSq FtDOM6 / 5New2Total3
Multi-Family
Avg/Median Rent$2,597 / $2,575Range$1,300 – $4,500Rent per Sq Ft$2 / $1Sq Ft3,567 / 1,200DOM50 / 39New1Total46

Rentals by Bedroom Count

Studio
Avg:$2,050Median:$1,700Range:$1,300 – $3,500PSF:$3 / $2Sq Ft:850 / 700DOM:25 / 13New:0Total:4
1 Beds
Avg:$1,680Median:$1,700Range:$1,350 – $1,850PSF:$2 / $2Sq Ft:3,590 / 750DOM:32 / 25New:1Total:10
2 Beds
Avg:$2,476Median:$2,400Range:$1,750 – $3,500PSF:$2 / $1Sq Ft:1,394 / 1,200DOM:56 / 26New:3Total:21
3 Beds
Avg:$2,952Median:$2,850Range:$2,000 – $4,500PSF:$3 / $3Sq Ft:1,000 / 1,000DOM:53 / 41New:0Total:21
4 Beds
Avg:$3,983Median:$4,200Range:$3,450 – $4,300PSF:Sq Ft:DOM:40 / 37New:0Total:3

6-Month Sales Trend

Mar 2026
Median Price:$725,000Median DOM:46New:7Total:21
Apr 2026
Median Price:$699,000Median DOM:47New:1Total:18
May 2026
Median Price:$699,000Median DOM:36New:5Total:20
Jun 2026
Median Price:$725,000Median DOM:31New:5Total:18
Jul 2026
Median Price:$775,000Median DOM:17New:10Total:23
Aug 2026
Median Price:$725,000Median DOM:16New:5Total:24

6-Month Rental Trend

Mar 2026
Median Rent:$2,200Median DOM:31New:21Total:55
Apr 2026
Median Rent:$2,200Median DOM:34New:8Total:52
May 2026
Median Rent:$2,350Median DOM:26New:23Total:53
Jun 2026
Median Rent:$2,500Median DOM:27New:24Total:56
Jul 2026
Median Rent:$2,500Median DOM:31New:19Total:58
Aug 2026
Median Rent:$2,575Median DOM:34New:4Total:59

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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