ZIP 07062 Housing Market Report
New York Metro
Report period: August 2026
07062 Monthly Market Update – August 2026
ZIP 07062 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$498,888
+1.8%
Median DOM (Sales)
31
+3.3%
New Listings (Sales)
7
−53.3%
Median Rent
$2,214
−0.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
50
+35.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (4 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($789,000 median)
Sales Market Overview
Median Price
$498,888
+1.8%
Median DOM
31
+3.3%
New Listings
7
−53.3%
Inventory
53
+8.2%
- Average Price: $483,809
- Median Price: $498,888
- Price Range: $160,000 – $849,000
- Price per Sq Ft (Avg/Median): $336 / $317
- Square Footage (Avg/Median): 1,718 / 1,500
- Square Footage Range: 504 – 7,066
- Days on Market (Avg/Median): 47 / 31
- Days on Market Range: 1 – 214
- New Listings: 7
- Total Listings: 53
Sales by Property Type
Condo
Avg/Median Price$235,700 / $174,999Range$160,000 – $499,900Price per Sq Ft$293 / $280Sq Ft924 / 625DOM101 / 88New0Total7
Multi-Family
Avg/Median Price$642,666 / $579,999Range$499,000 – $849,000Price per Sq Ft$284 / $284Sq Ft2,040 / 2,040DOM7 / 4New2Total3
Single Family
Avg/Median Price$513,116 / $499,000Range$345,000 – $789,000Price per Sq Ft$350 / $324Sq Ft1,897 / 1,500DOM41 / 31New5Total43
Sales by Bedroom Count
1 Beds
Avg:$166,666Median:$169,999Range:$160,000 – $170,000PSF:$295 / $272Sq Ft:564 / 504DOM:84 / 24New:0Total:3
2 Beds
Avg:$325,271Median:$399,000Range:$174,999 – $429,000PSF:$379 / $301Sq Ft:828 / 780DOM:63 / 30New:2Total:7
3 Beds
Avg:$494,243Median:$490,000Range:$345,000 – $639,000PSF:$345 / $324Sq Ft:1,539 / 1,500DOM:35 / 31New:3Total:23
4 Beds
Avg:$559,382Median:$570,000Range:$435,000 – $679,000PSF:$327 / $285Sq Ft:2,332 / 1,789DOM:57 / 34New:1Total:17
5 Beds
Avg:$789,000Median:$789,000Range:$789,000 – $789,000PSF:—Sq Ft:—DOM:33 / 33New:0Total:1
6 Beds
Avg:$599,450Median:$349,900Range:$349,900 – $849,000PSF:—Sq Ft:—DOM:10 / 4New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $166,666 | $169,999 | $160,000 – $170,000 | $295 / $272 | 564 / 504 | 84 / 24 | 0 | 3 |
| 2 Beds | $325,271 | $399,000 | $174,999 – $429,000 | $379 / $301 | 828 / 780 | 63 / 30 | 2 | 7 |
| 3 Beds | $494,243 | $490,000 | $345,000 – $639,000 | $345 / $324 | 1,539 / 1,500 | 35 / 31 | 3 | 23 |
| 4 Beds | $559,382 | $570,000 | $435,000 – $679,000 | $327 / $285 | 2,332 / 1,789 | 57 / 34 | 1 | 17 |
| 5 Beds | $789,000 | $789,000 | $789,000 – $789,000 | — | — | 33 / 33 | 0 | 1 |
| 6 Beds | $599,450 | $349,900 | $349,900 – $849,000 | — | — | 10 / 4 | 1 | 2 |
Rental Market Overview
Median Rent
$2,214
−0.4%
Median DOM
1
0.0%
New Listings
27
Inventory
50
+35.1%
- Average Rent: $2,333
- Median Rent: $2,214
- Rent Range: $1,775 – $3,420
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 875 / 777
- Square Footage Range: 585 – 1,450
- Days on Market (Avg/Median): 30 / 1
- Days on Market Range: 1 – 244
- New Listings: 27
- Total Listings: 50
Rentals by Property Type
Apartment
$2,214
Median DOM: 1
Inventory: 39
MoM: −0.4%
Condo
$2,100
Median DOM: 10
Inventory: 3
MoM: −0.4%
Single Family
$2,900
Median DOM: 19
Inventory: 2
MoM: −0.4%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −0.4%
Apartment
Avg/Median Rent$2,328 / $2,214Range$1,775 – $3,420Rent per Sq Ft$3 / $3Sq Ft886 / 780DOM27 / 1New25Total39
Condo
Avg/Median Rent$2,033 / $2,100Range$1,900 – $2,100Rent per Sq Ft$3 / $3Sq Ft777 / 777DOM16 / 10New1Total3
Multi-Family
Avg/Median Rent$2,258 / $2,000Range$1,875 – $3,000Rent per Sq Ft$3 / $3Sq Ft687 / 687DOM51 / 21New1Total6
Single Family
Avg/Median Rent$3,100 / $2,900Range$2,900 – $3,300Rent per Sq Ft—Sq Ft—DOM54 / 19New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,850Median:$1,850Range:$1,850 – $1,850PSF:$3 / $3Sq Ft:585 / 585DOM:—New:0Total:1
1 Beds
Avg:$2,041Median:$2,105Range:$1,775 – $2,351PSF:$3 / $3Sq Ft:751 / 747DOM:28 / 1New:15Total:25
2 Beds
Avg:$2,587Median:$2,635Range:$1,900 – $3,420PSF:$3 / $2Sq Ft:1,021 / 1,082DOM:27 / 1New:11Total:18
3 Beds
Avg:$2,860Median:$2,999Range:$2,000 – $3,300PSF:$3 / $3Sq Ft:1,099 / 1,099DOM:54 / 75New:1Total:5
4 Beds
Avg:$2,900Median:$2,900Range:$2,900 – $2,900PSF:—Sq Ft:—DOM:19 / 19New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,850 | $1,850 | $1,850 – $1,850 | $3 / $3 | 585 / 585 | — | 0 | 1 |
| 1 Beds | $2,041 | $2,105 | $1,775 – $2,351 | $3 / $3 | 751 / 747 | 28 / 1 | 15 | 25 |
| 2 Beds | $2,587 | $2,635 | $1,900 – $3,420 | $3 / $2 | 1,021 / 1,082 | 27 / 1 | 11 | 18 |
| 3 Beds | $2,860 | $2,999 | $2,000 – $3,300 | $3 / $3 | 1,099 / 1,099 | 54 / 75 | 1 | 5 |
| 4 Beds | $2,900 | $2,900 | $2,900 – $2,900 | — | — | 19 / 19 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$485,900Median DOM:32New:14Total:47
Apr 2026
Median Price:$449,999Median DOM:41New:10Total:44
May 2026
Median Price:$459,999Median DOM:24New:13Total:41
Jun 2026
Median Price:$499,000Median DOM:24New:19Total:47
Jul 2026
Median Price:$490,000Median DOM:30New:15Total:49
Aug 2026
Median Price:$498,888Median DOM:31New:7Total:53
6-Month Rental Trend
Mar 2026
Median Rent:$2,500Median DOM:43New:1Total:29
Apr 2026
Median Rent:$2,500Median DOM:72New:3Total:28
May 2026
Median Rent:$2,400Median DOM:67New:4Total:26
Jun 2026
Median Rent:$2,400Median DOM:91New:4Total:23
Jul 2026
Median Rent:$2,223Median DOM:1New:21Total:37
Aug 2026
Median Rent:$2,214Median DOM:1New:27Total:50
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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.
070010700207003070040700507006070080700907010070110701207013070140701607017070180702007021070220702307024070260702807029070300703107032070330703407035+107 more
← Back to New York Metro