ZIP 07071 Housing Market Report

New York Metro

Report period: July 2026

07071 Monthly Market Update – July 2026

ZIP 07071 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$679,000
−2.9%
Median DOM (Sales)
22
0.0%
New Listings (Sales)
11
−45.0%
Median Rent
$2,500
+0.2%
Median DOM (Rental)
48
+2.1%
Total Rental Listings
148
0.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents moved higher.

What's Moving Fastest

  • Fastest selling: Single Family (17 DOM)
  • Fastest renting: Townhouse (2 DOM)
  • Strongest bedroom: 6 Beds ($1,099,000 median)

Sales Market Overview

Median Price
$679,000
−2.9%
Median DOM
22
0.0%
New Listings
11
−45.0%
Inventory
68
+11.5%
  • Average Price: $723,898
  • Median Price: $679,000
  • Price Range: $285,000 – $1,499,000
  • Price per Sq Ft (Avg/Median): $391 / $404
  • Square Footage (Avg/Median): 2,264 / 1,995
  • Square Footage Range: 640 – 5,475
  • Days on Market (Avg/Median): 41 / 22
  • Days on Market Range: 2 – 309
  • New Listings: 11
  • Total Listings: 68

Sales by Property Type

Condo
Avg/Median Price$395,589 / $359,888Range$285,000 – $595,000Price per Sq Ft$434 / $445Sq Ft757 / 640DOM48 / 61New2Total11
Multi-Family
Avg/Median Price$979,005 / $878,800Range$605,000 – $1,499,000Price per Sq Ft$366 / $366Sq Ft3,169 / 2,774DOM42 / 21New2Total20
Single Family
Avg/Median Price$686,514 / $650,000Range$374,888 – $1,089,000Price per Sq FtSq FtDOM38 / 17New7Total36
Townhouse
Avg/Median Price$579,000 / $579,000Range$579,000 – $579,000Price per Sq FtSq FtDOM32 / 32New0Total1

Sales by Bedroom Count

1 Beds
Avg:$330,944Median:$289,000Range:$285,000 – $389,888PSF:$448 / $445Sq Ft:640 / 640DOM:62 / 61New:0Total:4
2 Beds
Avg:$463,814Median:$399,999Range:$349,900 – $599,000PSF:$404 / $404Sq Ft:990 / 990DOM:43 / 26New:3Total:13
3 Beds
Avg:$666,480Median:$650,000Range:$489,000 – $899,000PSF:Sq Ft:DOM:36 / 21New:5Total:20
4 Beds
Avg:$789,460Median:$799,000Range:$559,000 – $1,049,000PSF:$301 / $176Sq Ft:3,735 / 1,995DOM:37 / 18New:1Total:15
5 Beds
Avg:$966,357Median:$949,000Range:$605,000 – $1,199,000PSF:Sq Ft:DOM:20 / 22New:0Total:7
6 Beds
Avg:$1,082,386Median:$1,099,000Range:$878,800 – $1,300,000PSF:$409 / $366Sq Ft:2,791 / 2,774DOM:74 / 28New:1Total:7
7 Beds
Avg:$1,179,500Median:$860,000Range:$860,000 – $1,499,000PSF:Sq Ft:DOM:19 / 8New:1Total:2

Rental Market Overview

Median Rent
$2,500
+0.2%
Median DOM
48
+2.1%
New Listings
12
Inventory
148
0.0%
  • Average Rent: $2,641
  • Median Rent: $2,500
  • Rent Range: $1,100 – $5,402
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,069 / 981
  • Square Footage Range: 483 – 2,600
  • Days on Market (Avg/Median): 62 / 48
  • Days on Market Range: 2 – 330
  • New Listings: 12
  • Total Listings: 148

Rentals by Property Type

Apartment
$2,441
Median DOM: 48
Inventory: 55
MoM: +0.2%
Condo
$2,400
Median DOM: 22
Inventory: 6
MoM: +0.2%
Single Family
$2,200
Median DOM: 29
Inventory: 6
MoM: +0.2%
Townhouse
$3,500
Median DOM: 2
Inventory: 2
MoM: +0.2%
Apartment
Avg/Median Rent$2,636 / $2,441Range$1,575 – $5,402Rent per Sq Ft$3 / $3Sq Ft931 / 931DOM59 / 48New3Total55
Condo
Avg/Median Rent$2,458 / $2,400Range$1,800 – $3,500Rent per Sq Ft$3 / $3Sq Ft918 / 900DOM41 / 22New2Total6
Multi-Family
Avg/Median Rent$2,602 / $2,500Range$1,500 – $4,700Rent per Sq Ft$2 / $2Sq Ft1,444 / 1,300DOM63 / 51New5Total79
Single Family
Avg/Median Rent$3,032 / $2,200Range$1,100 – $4,700Rent per Sq FtSq FtDOM65 / 29New1Total6
Townhouse
Avg/Median Rent$3,700 / $3,500Range$3,500 – $3,900Rent per Sq Ft$2 / $2Sq Ft1,854 / 1,789DOM161 / 2New1Total2

Rentals by Bedroom Count

Studio
Avg:$2,114Median:$1,900Range:$1,900 – $2,352PSF:$4 / $5Sq Ft:622 / 483DOM:71 / 61New:0Total:4
1 Beds
Avg:$2,148Median:$1,950Range:$1,100 – $5,402PSF:$3 / $3Sq Ft:817 / 764DOM:63 / 42New:6Total:49
2 Beds
Avg:$2,642Median:$2,500Range:$1,850 – $3,900PSF:$3 / $3Sq Ft:1,252 / 1,160DOM:61 / 56New:4Total:53
3 Beds
Avg:$3,152Median:$3,100Range:$2,395 – $4,700PSF:$2 / $2Sq Ft:1,612 / 1,500DOM:66 / 48New:2Total:36
4 Beds
Avg:$3,799Median:$3,700Range:$2,800 – $4,700PSF:Sq Ft:DOM:42 / 34New:0Total:5
5 Beds
Avg:$4,650Median:$4,650Range:$4,650 – $4,650PSF:Sq Ft:DOM:53 / 53New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$598,000Median DOM:29New:11Total:41
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:$679,000Median DOM:22New:11Total:68

6-Month Rental Trend

Feb 2026
Median Rent:$2,500Median DOM:36New:40Total:147
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:$2,500Median DOM:48New:12Total:148

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, 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.

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