ZIP 07072 Housing Market Report

New York Metro

Report period: July 2026

07072 Monthly Market Update – July 2026

ZIP 07072 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$789,000
0.0%
Median DOM (Sales)
29
−6.5%
New Listings (Sales)
4
−33.3%
Median Rent
$2,500
0.0%
Median DOM (Rental)
33
−15.4%
Total Rental Listings
40
−2.4%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (5 DOM)
  • Fastest renting: Condo (29 DOM)
  • Strongest bedroom: 4 Beds ($899,000 median)

Sales Market Overview

Median Price
$789,000
0.0%
Median DOM
29
−6.5%
New Listings
4
−33.3%
Inventory
17
+30.8%
  • Average Price: $850,459
  • Median Price: $789,000
  • Price Range: $399,000 – $1,899,000
  • Price per Sq Ft (Avg/Median): $445 / $412
  • Square Footage (Avg/Median): 2,187 / 2,184
  • Square Footage Range: 1,028 – 3,350
  • Days on Market (Avg/Median): 37 / 29
  • Days on Market Range: 2 – 105
  • New Listings: 4
  • Total Listings: 17

Sales by Property Type

Condo
Avg/Median Price$1,899,000 / $1,899,000Range$1,899,000 – $1,899,000Price per Sq FtSq FtDOM5 / 5New1Total1
Multi-Family
Avg/Median Price$877,650 / $789,000Range$599,900 – $1,299,000Price per Sq Ft$400 / $388Sq Ft2,767 / 2,184DOM38 / 26New1Total6
Single Family
Avg/Median Price$729,290 / $699,000Range$399,000 – $1,099,000Price per Sq Ft$535 / $535Sq Ft1,028 / 1,028DOM40 / 29New2Total10

Sales by Bedroom Count

2 Beds
Avg:$474,000Median:$399,000Range:$399,000 – $549,000PSF:Sq Ft:DOM:54 / 2New:1Total:2
3 Beds
Avg:$757,000Median:$779,000Range:$550,000 – $850,000PSF:$535 / $535Sq Ft:1,028 / 1,028DOM:26 / 4New:2Total:4
4 Beds
Avg:$961,850Median:$899,000Range:$599,000 – $1,899,000PSF:$412 / $412Sq Ft:2,184 / 2,184DOM:27 / 26New:1Total:8
5 Beds
Avg:$789,000Median:$789,000Range:$789,000 – $789,000PSF:Sq Ft:DOM:80 / 80New:0Total:1
6 Beds
Avg:$999,000Median:$699,000Range:$699,000 – $1,299,000PSF:$388 / $388Sq Ft:3,350 / 3,350DOM:65 / 61New:0Total:2

Rental Market Overview

Median Rent
$2,500
0.0%
Median DOM
33
−15.4%
New Listings
6
Inventory
40
−2.4%
  • Average Rent: $2,840
  • Median Rent: $2,500
  • Rent Range: $1,595 – $6,800
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,019 / 1,100
  • Square Footage Range: 350 – 1,600
  • Days on Market (Avg/Median): 49 / 33
  • Days on Market Range: 2 – 240
  • New Listings: 6
  • Total Listings: 40

Rentals by Property Type

Apartment
$2,200
Median DOM: 33
Inventory: 7
MoM: 0.0%
Condo
$2,599
Median DOM: 29
Inventory: 1
MoM: 0.0%
Single Family
$3,300
Median DOM: 29
Inventory: 9
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$2,136 / $2,200Range$1,600 – $2,800Rent per Sq Ft$3 / $2Sq Ft838 / 700DOM67 / 33New0Total7
Condo
Avg/Median Rent$2,599 / $2,599Range$2,599 – $2,599Rent per Sq Ft$3 / $3Sq Ft950 / 950DOM29 / 29New0Total1
Multi-Family
Avg/Median Rent$2,640 / $2,400Range$1,595 – $4,600Rent per Sq Ft$2 / $2Sq Ft1,150 / 1,150DOM53 / 39New3Total23
Single Family
Avg/Median Rent$3,928 / $3,300Range$3,100 – $6,800Rent per Sq Ft$2 / $2Sq Ft1,350 / 1,100DOM27 / 29New3Total9

Rentals by Bedroom Count

Studio
Avg:$1,600Median:$1,600Range:$1,600 – $1,600PSF:$5 / $5Sq Ft:350 / 350DOM:29 / 25New:0Total:2
1 Beds
Avg:$1,991Median:$1,900Range:$1,595 – $2,500PSF:$2 / $2Sq Ft:1,150 / 1,150DOM:67 / 39New:0Total:9
2 Beds
Avg:$2,512Median:$2,400Range:$2,000 – $3,250PSF:$3 / $3Sq Ft:950 / 950DOM:53 / 29New:1Total:12
3 Beds
Avg:$3,361Median:$3,200Range:$2,500 – $4,600PSF:$2 / $2Sq Ft:1,267 / 1,100DOM:36 / 13New:5Total:14
4 Beds
Avg:$5,100Median:$4,500Range:$4,000 – $6,800PSF:Sq Ft:DOM:56 / 60New:0Total:3

6-Month Sales Trend

Feb 2026
Median Price:$749,000Median DOM:26New:1Total:6
Mar 2026
Median Price:$689,900Median DOM:22New:6Total:8
Apr 2026
Median Price:$789,000Median DOM:35New:4Total:11
May 2026
Median Price:$749,000Median DOM:19New:2Total:12
Jun 2026
Median Price:$789,000Median DOM:31New:6Total:13
Jul 2026
Median Price:$789,000Median DOM:29New:4Total:17

6-Month Rental Trend

Feb 2026
Median Rent:$2,800Median DOM:38New:8Total:37
Mar 2026
Median Rent:$2,900Median DOM:43New:7Total:36
Apr 2026
Median Rent:$2,800Median DOM:40New:13Total:37
May 2026
Median Rent:$2,650Median DOM:39New:10Total:45
Jun 2026
Median Rent:$2,500Median DOM:39New:11Total:41
Jul 2026
Median Rent:$2,500Median DOM:33New:6Total:40

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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