ZIP 07072 Housing Market Report
New York Metro
Report period: August 2026
07072 Monthly Market Update – August 2026
ZIP 07072 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$779,000
−8.2%
Median DOM (Sales)
29
+11.5%
New Listings (Sales)
3
−50.0%
Median Rent
$2,599
+4.0%
Median DOM (Rental)
32
−3.0%
Total Rental Listings
31
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher.
What's Moving Fastest
- Fastest selling: Condo (7 DOM)
- Fastest renting: Condo (29 DOM)
- Strongest bedroom: 4 Beds ($850,000 median)
Sales Market Overview
Median Price
$779,000
−8.2%
Median DOM
29
+11.5%
New Listings
3
−50.0%
Inventory
19
+11.8%
- Average Price: $832,779
- Median Price: $779,000
- Price Range: $399,000 – $1,599,000
- 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): 36 / 29
- Days on Market Range: 5 – 111
- New Listings: 3
- Total Listings: 19
Sales by Property Type
Condo
Avg/Median Price$1,599,000 / $1,599,000Range$1,599,000 – $1,599,000Price per Sq Ft—Sq Ft—DOM7 / 7New1Total1
Multi-Family
Avg/Median Price$867,414 / $850,000Range$599,900 – $1,299,000Price per Sq Ft$400 / $388Sq Ft2,767 / 2,184DOM35 / 32New0Total7
Single Family
Avg/Median Price$741,082 / $699,000Range$399,000 – $1,099,000Price per Sq Ft$535 / $535Sq Ft1,028 / 1,028DOM40 / 29New2Total11
Sales by Bedroom Count
2 Beds
Avg:$399,000Median:$399,000Range:$399,000 – $399,000PSF:—Sq Ft:—DOM:8 / 8New:0Total:1
3 Beds
Avg:$739,333Median:$729,000Range:$550,000 – $850,000PSF:$535 / $535Sq Ft:1,028 / 1,028DOM:35 / 17New:2Total:6
4 Beds
Avg:$898,980Median:$850,000Range:$599,000 – $1,599,000PSF:$412 / $412Sq Ft:2,184 / 2,184DOM:33 / 26New:1Total:10
6 Beds
Avg:$999,000Median:$699,000Range:$699,000 – $1,299,000PSF:$388 / $388Sq Ft:3,350 / 3,350DOM:74 / 68New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $399,000 | $399,000 | $399,000 – $399,000 | — | — | 8 / 8 | 0 | 1 |
| 3 Beds | $739,333 | $729,000 | $550,000 – $850,000 | $535 / $535 | 1,028 / 1,028 | 35 / 17 | 2 | 6 |
| 4 Beds | $898,980 | $850,000 | $599,000 – $1,599,000 | $412 / $412 | 2,184 / 2,184 | 33 / 26 | 1 | 10 |
| 6 Beds | $999,000 | $699,000 | $699,000 – $1,299,000 | $388 / $388 | 3,350 / 3,350 | 74 / 68 | 0 | 2 |
Rental Market Overview
Median Rent
$2,599
+4.0%
Median DOM
32
−3.0%
New Listings
1
Inventory
31
0.0%
- Average Rent: $3,075
- Median Rent: $2,599
- Rent Range: $1,600 – $6,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,183 / 1,100
- Square Footage Range: 950 – 1,600
- Days on Market (Avg/Median): 55 / 32
- Days on Market Range: 5 – 255
- New Listings: 1
- Total Listings: 31
Rentals by Property Type
Apartment
$1,750
Median DOM: 55
Inventory: 4
MoM: +4.0%
Condo
$2,599
Median DOM: 29
Inventory: 1
MoM: +4.0%
Single Family
$3,200
Median DOM: 30
Inventory: 6
MoM: +4.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +4.0%
Apartment
Avg/Median Rent$2,012 / $1,750Range$1,600 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,200DOM101 / 55New0Total4
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$3,034 / $2,500Range$1,775 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,150 / 1,150DOM52 / 31New1Total20
Single Family
Avg/Median Rent$4,000 / $3,200Range$2,500 – $6,800Rent per Sq Ft$2 / $2Sq Ft1,267 / 1,100DOM37 / 30New0Total6
Rentals by Bedroom Count
Studio
Avg:$1,600Median:$1,600Range:$1,600 – $1,600PSF:—Sq Ft:—DOM:55 / 55New:0Total:1
1 Beds
Avg:$2,068Median:$1,900Range:$1,750 – $2,500PSF:$2 / $2Sq Ft:1,150 / 1,150DOM:98 / 63New:0Total:7
2 Beds
Avg:$2,433Median:$2,400Range:$2,000 – $3,200PSF:$2 / $2Sq Ft:1,083 / 1,100DOM:49 / 29New:0Total:9
3 Beds
Avg:$3,686Median:$3,500Range:$2,500 – $4,600PSF:$2 / $2Sq Ft:1,350 / 1,100DOM:29 / 22New:1Total:11
4 Beds
Avg:$5,600Median:$5,500Range:$4,500 – $6,800PSF:—Sq Ft:—DOM:66 / 90New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,600 | $1,600 | $1,600 – $1,600 | — | — | 55 / 55 | 0 | 1 |
| 1 Beds | $2,068 | $1,900 | $1,750 – $2,500 | $2 / $2 | 1,150 / 1,150 | 98 / 63 | 0 | 7 |
| 2 Beds | $2,433 | $2,400 | $2,000 – $3,200 | $2 / $2 | 1,083 / 1,100 | 49 / 29 | 0 | 9 |
| 3 Beds | $3,686 | $3,500 | $2,500 – $4,600 | $2 / $2 | 1,350 / 1,100 | 29 / 22 | 1 | 11 |
| 4 Beds | $5,600 | $5,500 | $4,500 – $6,800 | — | — | 66 / 90 | 0 | 3 |
6-Month Sales Trend
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:$849,000Median DOM:26New:6Total:17
Aug 2026
Median Price:$779,000Median DOM:29New:3Total:19
6-Month Rental Trend
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:10Total:31
Aug 2026
Median Rent:$2,599Median DOM:32New:1Total:31
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower 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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