ZIP 07068 Housing Market Report

New York Metro

Report period: May 2026

07068 Monthly Market Update – May 2026

ZIP 07068 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$850,000
+1.8%
Median DOM (Sales)
16
−66.7%
New Listings (Sales)
4
0.0%
Median Rent
$3,900
0.0%
Median DOM (Rental)
45
+4.7%
Total Rental Listings
9
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable.

What's Moving Fastest

  • Fastest selling: Condo (8 DOM)
  • Fastest renting: Apartment (8 DOM)
  • Strongest bedroom: 5 Beds ($1,458,000 median)

Sales Market Overview

Median Price
$850,000
+1.8%
Median DOM
16
−66.7%
New Listings
4
0.0%
Inventory
23
−11.5%
  • Average Price: $978,261
  • Median Price: $850,000
  • Price Range: $400,000 – $2,350,000
  • Price per Sq Ft (Avg/Median): $409 / $399
  • Square Footage (Avg/Median): 2,914 / 2,324
  • Square Footage Range: 1,685 – 5,112
  • Days on Market (Avg/Median): 78 / 16
  • Days on Market Range: 3 – 306
  • New Listings: 4
  • Total Listings: 23

Sales by Property Type

Condo
Avg/Median Price$835,000 / $775,000Range$685,000 – $980,000Price per Sq Ft$429 / $429Sq Ft2,100 / 2,100DOM14 / 8New1Total4
Land
Avg/Median Price$450,000 / $400,000Range$400,000 – $500,000Price per Sq FtSq FtDOM306 / 306New0Total2
Multi-Family
Avg/Median Price$999,000 / $999,000Range$999,000 – $999,000Price per Sq FtSq FtDOM249 / 249New0Total1
Single Family
Avg/Median Price$1,129,357 / $879,000Range$599,000 – $2,350,000Price per Sq Ft$407 / $399Sq Ft3,030 / 2,380DOM60 / 16New3Total14
Townhouse
Avg/Median Price$725,000 / $675,000Range$675,000 – $775,000Price per Sq FtSq FtDOM12 / 8New0Total2

Sales by Bedroom Count

2 Beds
Avg:$712,500Median:$675,000Range:$625,000 – $775,000PSF:Sq Ft:DOM:9 / 8New:1Total:4
3 Beds
Avg:$862,889Median:$835,000Range:$599,000 – $1,199,000PSF:$407 / $429Sq Ft:2,036 / 2,100DOM:69 / 30New:1Total:9
4 Beds
Avg:$1,099,333Median:$949,000Range:$850,000 – $1,499,000PSF:$397 / $394Sq Ft:3,090 / 2,380DOM:11 / 11New:1Total:3
5 Beds
Avg:$1,445,667Median:$1,458,000Range:$879,000 – $2,000,000PSF:$400 / $384Sq Ft:2,955 / 2,110DOM:73 / 32New:1Total:3
7 Beds
Avg:$1,674,500Median:$999,000Range:$999,000 – $2,350,000PSF:$460 / $460Sq Ft:5,112 / 5,112DOM:133 / 16New:0Total:2

Rental Market Overview

Median Rent
$3,900
0.0%
Median DOM
45
+4.7%
New Listings
1
Inventory
9
0.0%
  • Average Rent: $3,652
  • Median Rent: $3,900
  • Rent Range: $2,170 – $4,850
  • Rent per Sq Ft (Avg/Median): $4 / $3
  • Square Footage (Avg/Median): 856 / 761
  • Square Footage Range: 496 – 1,165
  • Days on Market (Avg/Median): 87 / 45
  • Days on Market Range: 8 – 293
  • New Listings: 1
  • Total Listings: 9

Rentals by Property Type

Apartment
$2,695
Median DOM: 8
Inventory: 4
MoM: 0.0%
Condo
$4,850
Median DOM: 146
Inventory: 1
MoM: 0.0%
Single Family
$4,200
Median DOM: 44
Inventory: 1
MoM: 0.0%
Townhouse
$3,950
Median DOM: 45
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$2,867 / $2,695Range$2,170 – $3,410Rent per Sq Ft$4 / $3Sq Ft856 / 761DOM151 / 8New1Total4
Condo
Avg/Median Rent$4,850 / $4,850Range$4,850 – $4,850Rent per Sq FtSq FtDOM146 / 146New0Total1
Single Family
Avg/Median Rent$4,200 / $4,200Range$4,200 – $4,200Rent per Sq FtSq FtDOM44 / 44New0Total1
Townhouse
Avg/Median Rent$4,117 / $3,950Range$3,900 – $4,500Rent per Sq FtSq FtDOM38 / 45New0Total3

Rentals by Bedroom Count

Studio
Avg:$2,170Median:$2,170Range:$2,170 – $2,170PSF:$4 / $4Sq Ft:496 / 496DOM:293 / 293New:0Total:1
1 Beds
Avg:$2,944Median:$2,695Range:$2,695 – $3,193PSF:$3 / $3Sq Ft:881 / 761DOM:8 / 8New:1Total:2
2 Beds
Avg:$3,940Median:$3,900Range:$3,410 – $4,500PSF:$3 / $3Sq Ft:1,165 / 1,165DOM:38 / 45New:0Total:4
3 Beds
Avg:$4,525Median:$4,200Range:$4,200 – $4,850PSF:Sq Ft:DOM:95 / 44New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$755,000Median DOM:55New:0Total:28
Jan 2026
Median Price:$755,000Median DOM:66New:9Total:29
Feb 2026
Median Price:$749,000Median DOM:49New:3Total:25
Mar 2026
Median Price:$850,000Median DOM:48New:8Total:29
Apr 2026
Median Price:$835,000Median DOM:48New:4Total:26
May 2026
Median Price:$850,000Median DOM:16New:4Total:23

6-Month Rental Trend

Dec 2025
Median Rent:$2,650Median DOM:90New:0Total:8
Jan 2026
Median Rent:$3,750Median DOM:118New:1Total:7
Feb 2026
Median Rent:$3,750Median DOM:118New:0Total:7
Mar 2026
Median Rent:$3,750Median DOM:18New:3Total:8
Apr 2026
Median Rent:$3,900Median DOM:43New:1Total:9
May 2026
Median Rent:$3,900Median DOM:45New:1Total:9

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory was flat.

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.

← Back to New York Metro