ZIP 07070 Housing Market Report

New York Metro

Report period: May 2026

07070 Monthly Market Update – May 2026

ZIP 07070 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$795,000
+1.3%
Median DOM (Sales)
21
+5.0%
New Listings (Sales)
6
−81.3%
Median Rent
$2,500
0.0%
Median DOM (Rental)
33
0.0%
Total Rental Listings
85
+4.9%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Land (3 DOM)
  • Fastest renting: Condo (24 DOM)
  • Strongest bedroom: 5 Beds ($1,099,900 median)

Sales Market Overview

Median Price
$795,000
+1.3%
Median DOM
21
+5.0%
New Listings
6
−81.3%
Inventory
69
+15.0%
  • Average Price: $798,551
  • Median Price: $795,000
  • Price Range: $179,900 – $1,895,000
  • Price per Sq Ft (Avg/Median): $377 / $417
  • Square Footage (Avg/Median): 2,499 / 2,366
  • Square Footage Range: 650 – 7,501
  • Days on Market (Avg/Median): 39 / 21
  • Days on Market Range: 2 – 281
  • New Listings: 6
  • Total Listings: 69

Sales by Property Type

Condo
Avg/Median Price$330,698 / $314,500Range$179,900 – $495,000Price per Sq Ft$418 / $366Sq Ft892 / 650DOM24 / 17New1Total15
Land
Avg/Median Price$700,000 / $600,000Range$600,000 – $800,000Price per Sq FtSq FtDOM93 / 3New0Total2
Multi-Family
Avg/Median Price$970,000 / $949,999Range$750,000 – $1,275,000Price per Sq Ft$317 / $317Sq Ft2,366 / 2,366DOM40 / 29New2Total9
Single Family
Avg/Median Price$930,455 / $849,000Range$570,000 – $1,895,000Price per Sq Ft$373 / $417Sq Ft3,057 / 2,450DOM42 / 19New3Total43

Sales by Bedroom Count

1 Beds
Avg:$315,036Median:$305,000Range:$179,900 – $495,000PSF:$469 / $469Sq Ft:650 / 650DOM:26 / 21New:1Total:13
2 Beds
Avg:$486,667Median:$450,000Range:$415,000 – $595,000PSF:$366 / $366Sq Ft:1,134 / 1,134DOM:14 / 17New:0Total:3
3 Beds
Avg:$746,446Median:$775,000Range:$570,000 – $899,000PSF:$457 / $457Sq Ft:1,314 / 1,314DOM:23 / 14New:0Total:13
4 Beds
Avg:$936,837Median:$895,000Range:$609,000 – $1,895,000PSF:$350 / $329Sq Ft:3,232 / 2,450DOM:41 / 23New:3Total:21
5 Beds
Avg:$1,105,977Median:$1,099,900Range:$825,000 – $1,399,000PSF:Sq Ft:DOM:52 / 32New:2Total:13
6 Beds
Avg:$1,097,375Median:$979,500Range:$785,000 – $1,350,000PSF:Sq Ft:DOM:83 / 15New:0Total:4

Rental Market Overview

Median Rent
$2,500
0.0%
Median DOM
33
0.0%
New Listings
9
Inventory
85
+4.9%
  • Average Rent: $2,709
  • Median Rent: $2,500
  • Rent Range: $1,450 – $7,900
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,083 / 867
  • Square Footage Range: 460 – 3,500
  • Days on Market (Avg/Median): 51 / 33
  • Days on Market Range: 1 – 183
  • New Listings: 9
  • Total Listings: 85

Rentals by Property Type

Apartment
$2,000
Median DOM: 51
Inventory: 24
MoM: 0.0%
Condo
$1,750
Median DOM: 24
Inventory: 9
MoM: 0.0%
Single Family
$4,000
Median DOM: 47
Inventory: 11
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$2,218 / $2,000Range$1,475 – $3,495Rent per Sq Ft$3 / $3Sq Ft906 / 681DOM74 / 51New2Total24
Condo
Avg/Median Rent$1,886 / $1,750Range$1,450 – $2,550Rent per Sq Ft$3 / $3Sq Ft867 / 867DOM27 / 24New2Total9
Multi-Family
Avg/Median Rent$2,734 / $2,650Range$1,650 – $3,900Rent per Sq Ft$3 / $3Sq Ft888 / 772DOM44 / 27New5Total41
Single Family
Avg/Median Rent$4,357 / $4,000Range$2,050 – $7,900Rent per Sq Ft$2 / $2Sq Ft3,500 / 3,500DOM51 / 47New0Total11

Rentals by Bedroom Count

Studio
Avg:$1,532Median:$1,495Range:$1,450 – $1,650PSF:Sq Ft:DOM:21 / 14New:1Total:3
1 Beds
Avg:$1,963Median:$1,900Range:$1,475 – $2,600PSF:$3 / $3Sq Ft:648 / 616DOM:47 / 24New:3Total:29
2 Beds
Avg:$2,621Median:$2,550Range:$1,850 – $3,500PSF:$3 / $3Sq Ft:997 / 1,021DOM:63 / 39New:4Total:31
3 Beds
Avg:$3,617Median:$3,500Range:$2,600 – $4,700PSF:Sq Ft:DOM:42 / 28New:1Total:16
4 Beds
Avg:$3,932Median:$3,495Range:$3,400 – $4,900PSF:$2 / $2Sq Ft:1,800 / 1,800DOM:53 / 36New:0Total:3
5 Beds
Avg:$5,650Median:$3,400Range:$3,400 – $7,900PSF:Sq Ft:DOM:44 / 29New:0Total:2
6 Beds
Avg:$6,500Median:$6,500Range:$6,500 – $6,500PSF:$2 / $2Sq Ft:3,500 / 3,500DOM:41 / 41New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$785,000Median DOM:53New:4Total:49
Jan 2026
Median Price:$779,000Median DOM:50New:9Total:40
Feb 2026
Median Price:$785,000Median DOM:41New:10Total:39
Mar 2026
Median Price:$775,000Median DOM:29New:14Total:45
Apr 2026
Median Price:$785,000Median DOM:20New:32Total:60
May 2026
Median Price:$795,000Median DOM:21New:6Total:69

6-Month Rental Trend

Dec 2025
Median Rent:$2,500Median DOM:42New:22Total:76
Jan 2026
Median Rent:$2,600Median DOM:51New:15Total:70
Feb 2026
Median Rent:$2,500Median DOM:48New:16Total:70
Mar 2026
Median Rent:$2,500Median DOM:43New:22Total:85
Apr 2026
Median Rent:$2,500Median DOM:33New:22Total:81
May 2026
Median Rent:$2,500Median DOM:33New:9Total:85

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower 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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