ZIP 07071 Housing Market Report
New York Metro
Report period: August 2026
07071 Monthly Market Update – August 2026
ZIP 07071 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$679,000
−0.1%
Median DOM (Sales)
23
0.0%
New Listings (Sales)
6
−76.0%
Median Rent
$2,500
+0.2%
Median DOM (Rental)
45
+7.1%
Total Rental Listings
137
−7.4%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (21 DOM)
- Fastest renting: Condo (26 DOM)
- Strongest bedroom: 6 Beds ($929,000 median)
Sales Market Overview
Median Price
$679,000
−0.1%
Median DOM
23
0.0%
New Listings
6
−76.0%
Inventory
68
0.0%
- Average Price: $708,352
- Median Price: $679,000
- Price Range: $285,000 – $1,449,000
- Price per Sq Ft (Avg/Median): $441 / $445
- Square Footage (Avg/Median): 1,528 / 1,000
- Square Footage Range: 640 – 3,168
- Days on Market (Avg/Median): 40 / 23
- Days on Market Range: 3 – 181
- New Listings: 6
- Total Listings: 68
Sales by Property Type
Condo
Avg/Median Price$421,326 / $359,888Range$285,000 – $595,000Price per Sq Ft$480 / $452Sq Ft854 / 990DOM51 / 66New0Total11
Multi-Family
Avg/Median Price$912,067 / $849,000Range$650,000 – $1,449,000Price per Sq Ft$376 / $363Sq Ft2,652 / 2,600DOM30 / 21New2Total18
Single Family
Avg/Median Price$695,286 / $659,000Range$374,888 – $1,100,000Price per Sq Ft—Sq Ft—DOM42 / 21New4Total39
Sales by Bedroom Count
1 Beds
Avg:$311,296Median:$289,000Range:$285,000 – $359,888PSF:$448 / $445Sq Ft:640 / 640DOM:72 / 74New:0Total:3
2 Beds
Avg:$482,951Median:$539,900Range:$349,900 – $599,000PSF:$501 / $549Sq Ft:997 / 1,000DOM:42 / 26New:1Total:15
3 Beds
Avg:$678,835Median:$650,000Range:$489,000 – $989,000PSF:—Sq Ft:—DOM:45 / 22New:0Total:20
4 Beds
Avg:$800,576Median:$775,000Range:$565,000 – $1,100,000PSF:$265 / $265Sq Ft:3,168 / 3,168DOM:30 / 16New:4Total:17
5 Beds
Avg:$883,786Median:$849,000Range:$775,000 – $1,149,000PSF:$363 / $363Sq Ft:2,189 / 2,189DOM:23 / 14New:1Total:7
6 Beds
Avg:$1,076,950Median:$929,000Range:$878,800 – $1,300,000PSF:$500 / $500Sq Ft:2,600 / 2,600DOM:57 / 40New:0Total:4
7 Beds
Avg:$1,154,500Median:$860,000Range:$860,000 – $1,449,000PSF:—Sq Ft:—DOM:49 / 38New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $311,296 | $289,000 | $285,000 – $359,888 | $448 / $445 | 640 / 640 | 72 / 74 | 0 | 3 |
| 2 Beds | $482,951 | $539,900 | $349,900 – $599,000 | $501 / $549 | 997 / 1,000 | 42 / 26 | 1 | 15 |
| 3 Beds | $678,835 | $650,000 | $489,000 – $989,000 | — | — | 45 / 22 | 0 | 20 |
| 4 Beds | $800,576 | $775,000 | $565,000 – $1,100,000 | $265 / $265 | 3,168 / 3,168 | 30 / 16 | 4 | 17 |
| 5 Beds | $883,786 | $849,000 | $775,000 – $1,149,000 | $363 / $363 | 2,189 / 2,189 | 23 / 14 | 1 | 7 |
| 6 Beds | $1,076,950 | $929,000 | $878,800 – $1,300,000 | $500 / $500 | 2,600 / 2,600 | 57 / 40 | 0 | 4 |
| 7 Beds | $1,154,500 | $860,000 | $860,000 – $1,449,000 | — | — | 49 / 38 | 0 | 2 |
Rental Market Overview
Median Rent
$2,500
+0.2%
Median DOM
45
+7.1%
New Listings
2
Inventory
137
−7.4%
- Average Rent: $2,687
- Median Rent: $2,500
- Rent Range: $800 – $5,402
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,052 / 981
- Square Footage Range: 483 – 2,600
- Days on Market (Avg/Median): 65 / 45
- Days on Market Range: 2 – 349
- New Listings: 2
- Total Listings: 137
Rentals by Property Type
Apartment
$2,441
Median DOM: 50
Inventory: 52
MoM: +0.2%
Condo
$2,550
Median DOM: 26
Inventory: 7
MoM: +0.2%
Single Family
$3,100
Median DOM: 31
Inventory: 9
MoM: +0.2%
Townhouse
$3,500
Median DOM: 32
Inventory: 2
MoM: +0.2%
Apartment
Avg/Median Rent$2,688 / $2,441Range$1,795 – $5,402Rent per Sq Ft$3 / $3Sq Ft902 / 800DOM68 / 50New1Total52
Condo
Avg/Median Rent$2,454 / $2,550Range$1,800 – $3,500Rent per Sq Ft$3 / $3Sq Ft900 / 900DOM40 / 26New0Total7
Multi-Family
Avg/Median Rent$2,642 / $2,500Range$1,500 – $4,650Rent per Sq Ft$2 / $2Sq Ft1,458 / 1,300DOM63 / 46New1Total67
Single Family
Avg/Median Rent$2,972 / $3,100Range$800 – $4,700Rent per Sq Ft—Sq Ft—DOM61 / 31New0Total9
Townhouse
Avg/Median Rent$3,700 / $3,500Range$3,500 – $3,900Rent per Sq Ft$2 / $2Sq Ft1,854 / 1,789DOM191 / 32New0Total2
Rentals by Bedroom Count
Studio
Avg:$2,096Median:$2,181Range:$1,900 – $2,231PSF:$4 / $5Sq Ft:566 / 483DOM:102 / 91New:0Total:6
1 Beds
Avg:$2,171Median:$2,075Range:$800 – $5,402PSF:$3 / $3Sq Ft:820 / 764DOM:61 / 33New:1Total:40
2 Beds
Avg:$2,623Median:$2,500Range:$1,850 – $3,900PSF:$3 / $3Sq Ft:1,231 / 1,160DOM:61 / 43New:0Total:50
3 Beds
Avg:$3,180Median:$3,100Range:$2,395 – $4,700PSF:$2 / $2Sq Ft:1,657 / 1,500DOM:75 / 50New:1Total:33
4 Beds
Avg:$3,992Median:$4,100Range:$2,800 – $4,700PSF:—Sq Ft:—DOM:48 / 42New:0Total:7
5 Beds
Avg:$4,650Median:$4,650Range:$4,650 – $4,650PSF:—Sq Ft:—DOM:53 / 53New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,096 | $2,181 | $1,900 – $2,231 | $4 / $5 | 566 / 483 | 102 / 91 | 0 | 6 |
| 1 Beds | $2,171 | $2,075 | $800 – $5,402 | $3 / $3 | 820 / 764 | 61 / 33 | 1 | 40 |
| 2 Beds | $2,623 | $2,500 | $1,850 – $3,900 | $3 / $3 | 1,231 / 1,160 | 61 / 43 | 0 | 50 |
| 3 Beds | $3,180 | $3,100 | $2,395 – $4,700 | $2 / $2 | 1,657 / 1,500 | 75 / 50 | 1 | 33 |
| 4 Beds | $3,992 | $4,100 | $2,800 – $4,700 | — | — | 48 / 42 | 0 | 7 |
| 5 Beds | $4,650 | $4,650 | $4,650 – $4,650 | — | — | 53 / 53 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$589,000Median DOM:22New:15Total:46
Apr 2026
Median Price:$595,000Median DOM:16New:21Total:51
May 2026
Median Price:$619,000Median DOM:22New:13Total:53
Jun 2026
Median Price:$699,000Median DOM:22New:20Total:61
Jul 2026
Median Price:$680,000Median DOM:23New:25Total:68
Aug 2026
Median Price:$679,000Median DOM:23New:6Total:68
6-Month Rental Trend
Mar 2026
Median Rent:$2,500Median DOM:37New:36Total:157
Apr 2026
Median Rent:$2,500Median DOM:34New:40Total:149
May 2026
Median Rent:$2,500Median DOM:34New:41Total:141
Jun 2026
Median Rent:$2,495Median DOM:47New:36Total:148
Jul 2026
Median Rent:$2,495Median DOM:42New:34Total:148
Aug 2026
Median Rent:$2,500Median DOM:45New:2Total:137
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, while total rental inventory tightened.
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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