ZIP 07062 Housing Market Report
New York Metro
Report period: May 2026
07062 Monthly Market Update – May 2026
ZIP 07062 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$449,888
−0.0%
Median DOM (Sales)
29
−29.3%
New Listings (Sales)
3
−70.0%
Median Rent
$2,500
0.0%
Median DOM (Rental)
82
+13.9%
Total Rental Listings
29
+3.6%
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: Single Family (25 DOM)
- Fastest renting: Apartment (67 DOM)
- Strongest bedroom: 6 Beds ($675,000 median)
Sales Market Overview
Median Price
$449,888
−0.0%
Median DOM
29
−29.3%
New Listings
3
−70.0%
Inventory
45
+2.3%
- Average Price: $465,508
- Median Price: $449,888
- Price Range: $170,000 – $739,900
- Price per Sq Ft (Avg/Median): $296 / $295
- Square Footage (Avg/Median): 2,473 / 1,488
- Square Footage Range: 672 – 8,406
- Days on Market (Avg/Median): 47 / 29
- Days on Market Range: 1 – 162
- New Listings: 3
- Total Listings: 45
Sales by Property Type
Condo
Avg/Median Price$191,666 / $174,999Range$170,000 – $230,000Price per Sq Ft$295 / $295Sq Ft780 / 780DOM71 / 52New0Total3
Multi-Family
Avg/Median Price$630,000 / $630,000Range$630,000 – $630,000Price per Sq Ft—Sq Ft—DOM31 / 31New0Total1
Single Family
Avg/Median Price$481,533 / $449,900Range$327,000 – $739,900Price per Sq Ft$296 / $300Sq Ft2,627 / 1,500DOM45 / 25New3Total41
Sales by Bedroom Count
Studio
Avg:$400,000Median:$400,000Range:$400,000 – $400,000PSF:$242 / $242Sq Ft:1,656 / 1,656DOM:36 / 36New:0Total:1
1 Beds
Avg:$170,000Median:$170,000Range:$170,000 – $170,000PSF:—Sq Ft:—DOM:123 / 123New:0Total:1
2 Beds
Avg:$320,599Median:$398,999Range:$174,999 – $399,999PSF:$317 / $295Sq Ft:979 / 780DOM:56 / 38New:0Total:5
3 Beds
Avg:$468,599Median:$449,888Range:$327,000 – $739,900PSF:$226 / $300Sq Ft:3,410 / 1,500DOM:40 / 18New:2Total:20
4 Beds
Avg:$506,063Median:$464,999Range:$390,000 – $675,000PSF:$388 / $311Sq Ft:1,485 / 1,488DOM:41 / 25New:1Total:14
5 Beds
Avg:$547,667Median:$499,000Range:$475,000 – $669,000PSF:$57 / $57Sq Ft:8,406 / 8,406DOM:78 / 61New:0Total:3
6 Beds
Avg:$675,000Median:$675,000Range:$675,000 – $675,000PSF:—Sq Ft:—DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $400,000 | $400,000 | $400,000 – $400,000 | $242 / $242 | 1,656 / 1,656 | 36 / 36 | 0 | 1 |
| 1 Beds | $170,000 | $170,000 | $170,000 – $170,000 | — | — | 123 / 123 | 0 | 1 |
| 2 Beds | $320,599 | $398,999 | $174,999 – $399,999 | $317 / $295 | 979 / 780 | 56 / 38 | 0 | 5 |
| 3 Beds | $468,599 | $449,888 | $327,000 – $739,900 | $226 / $300 | 3,410 / 1,500 | 40 / 18 | 2 | 20 |
| 4 Beds | $506,063 | $464,999 | $390,000 – $675,000 | $388 / $311 | 1,485 / 1,488 | 41 / 25 | 1 | 14 |
| 5 Beds | $547,667 | $499,000 | $475,000 – $669,000 | $57 / $57 | 8,406 / 8,406 | 78 / 61 | 0 | 3 |
| 6 Beds | $675,000 | $675,000 | $675,000 – $675,000 | — | — | — | 0 | 1 |
Rental Market Overview
Median Rent
$2,500
0.0%
Median DOM
82
+13.9%
New Listings
1
Inventory
29
+3.6%
- Average Rent: $2,690
- Median Rent: $2,500
- Rent Range: $1,760 – $3,750
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 943 / 922
- Square Footage Range: 600 – 1,714
- Days on Market (Avg/Median): 73 / 82
- Days on Market Range: 10 – 153
- New Listings: 1
- Total Listings: 29
Rentals by Property Type
Apartment
$2,250
Median DOM: 67
Inventory: 12
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$3,500
Median DOM: 83
Inventory: 3
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$2,488 / $2,250Range$1,760 – $3,400Rent per Sq Ft$3 / $3Sq Ft841 / 767DOM72 / 67New0Total12
Multi-Family
Avg/Median Rent$2,686 / $2,500Range$2,000 – $3,750Rent per Sq Ft$3 / $3Sq Ft1,002 / 922DOM77 / 82New0Total14
Single Family
Avg/Median Rent$3,517 / $3,500Range$3,300 – $3,750Rent per Sq Ft$3 / $2Sq Ft1,406 / 1,099DOM59 / 83New1Total3
Rentals by Bedroom Count
1 Beds
Avg:$2,036Median:$2,000Range:$1,760 – $2,250PSF:$3 / $3Sq Ft:760 / 760DOM:84 / 69New:0Total:7
2 Beds
Avg:$2,369Median:$2,400Range:$2,000 – $2,500PSF:$4 / $4Sq Ft:684 / 680DOM:76 / 72New:0Total:8
3 Beds
Avg:$3,130Median:$3,000Range:$2,900 – $3,500PSF:$3 / $3Sq Ft:1,034 / 1,048DOM:59 / 66New:1Total:10
4 Beds
Avg:$3,375Median:$3,000Range:$3,000 – $3,750PSF:$2 / $2Sq Ft:1,693 / 1,672DOM:94 / 87New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $2,036 | $2,000 | $1,760 – $2,250 | $3 / $3 | 760 / 760 | 84 / 69 | 0 | 7 |
| 2 Beds | $2,369 | $2,400 | $2,000 – $2,500 | $4 / $4 | 684 / 680 | 76 / 72 | 0 | 8 |
| 3 Beds | $3,130 | $3,000 | $2,900 – $3,500 | $3 / $3 | 1,034 / 1,048 | 59 / 66 | 1 | 10 |
| 4 Beds | $3,375 | $3,000 | $3,000 – $3,750 | $2 / $2 | 1,693 / 1,672 | 94 / 87 | 0 | 4 |
6-Month Sales Trend
Dec 2025
Median Price:$469,000Median DOM:51New:8Total:48
Jan 2026
Median Price:$475,000Median DOM:60New:7Total:45
Feb 2026
Median Price:$483,000Median DOM:78New:10Total:42
Mar 2026
Median Price:$485,900Median DOM:32New:14Total:47
Apr 2026
Median Price:$449,999Median DOM:41New:10Total:44
May 2026
Median Price:$449,888Median DOM:29New:3Total:45
6-Month Rental Trend
Dec 2025
Median Rent:$2,150Median DOM:48New:3Total:20
Jan 2026
Median Rent:$2,300Median DOM:45New:9Total:26
Feb 2026
Median Rent:$2,650Median DOM:32New:13Total:34
Mar 2026
Median Rent:$2,500Median DOM:43New:1Total:29
Apr 2026
Median Rent:$2,500Median DOM:72New:3Total:28
May 2026
Median Rent:$2,500Median DOM:82New:1Total:29
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.
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