ZIP 07072 Housing Market Report

New York Metro

Report period: March 2026

07072 Monthly Market Update – March 2026

ZIP 07072 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$749,000
0.0%
Median DOM (Sales)
9
−65.4%
New Listings (Sales)
5
+400.0%
Median Rent
$2,800
0.0%
Median DOM (Rental)
40
+5.3%
Total Rental Listings
37
0.0%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Multi-Family (5 DOM)
  • Fastest renting: Apartment (23 DOM)
  • Strongest bedroom: 6 Beds ($888,000 median)

Sales Market Overview

Median Price
$749,000
0.0%
Median DOM
9
−65.4%
New Listings
5
+400.0%
Inventory
9
+50.0%
  • Average Price: $732,889
  • Median Price: $749,000
  • Price Range: $549,000 – $888,000
  • Price per Sq Ft (Avg/Median): $440 / $440
  • Square Footage (Avg/Median): 1,930 / 1,930
  • Square Footage Range: 1,930 – 1,930
  • Days on Market (Avg/Median): 17 / 9
  • Days on Market Range: 2 – 54
  • New Listings: 5
  • Total Listings: 9

Sales by Property Type

Multi-Family
Avg/Median Price$771,500 / $749,000Range$699,000 – $849,000Price per Sq Ft$440 / $440Sq Ft1,930 / 1,930DOM11 / 5New2Total4
Single Family
Avg/Median Price$702,000 / $649,000Range$549,000 – $888,000Price per Sq FtSq FtDOM22 / 9New3Total5

Sales by Bedroom Count

2 Beds
Avg:$587,000Median:$549,000Range:$549,000 – $625,000PSF:Sq Ft:DOM:20 / 2New:1Total:2
3 Beds
Avg:$724,000Median:$649,000Range:$649,000 – $799,000PSF:Sq Ft:DOM:31 / 7New:1Total:2
4 Beds
Avg:$699,000Median:$699,000Range:$699,000 – $699,000PSF:Sq Ft:DOM:2 / 2New:1Total:1
5 Beds
Avg:$795,667Median:$789,000Range:$749,000 – $849,000PSF:$440 / $440Sq Ft:1,930 / 1,930DOM:14 / 14New:1Total:3
6 Beds
Avg:$888,000Median:$888,000Range:$888,000 – $888,000PSF:Sq Ft:DOM:9 / 9New:1Total:1

Rental Market Overview

Median Rent
$2,800
0.0%
Median DOM
40
+5.3%
New Listings
4
Inventory
37
0.0%
  • Average Rent: $2,722
  • Median Rent: $2,800
  • Rent Range: $1,600 – $3,700
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,162 / 1,150
  • Square Footage Range: 900 – 1,300
  • Days on Market (Avg/Median): 63 / 40
  • Days on Market Range: 7 – 218
  • New Listings: 4
  • Total Listings: 37

Rentals by Property Type

Apartment
$1,900
Median DOM: 23
Inventory: 4
MoM: 0.0%
Condo
$2,600
Median DOM: 36
Inventory: 1
MoM: 0.0%
Single Family
$3,500
Median DOM: 28
Inventory: 3
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$2,269 / $1,900Range$1,825 – $3,200Rent per Sq FtSq FtDOM55 / 23New0Total4
Condo
Avg/Median Rent$2,600 / $2,600Range$2,600 – $2,600Rent per Sq Ft$3 / $3Sq Ft900 / 900DOM36 / 36New0Total1
Multi-Family
Avg/Median Rent$2,705 / $2,800Range$1,600 – $3,700Rent per Sq Ft$2 / $2Sq Ft1,250 / 1,300DOM68 / 41New4Total29
Single Family
Avg/Median Rent$3,533 / $3,500Range$3,500 – $3,600Rent per Sq FtSq FtDOM34 / 28New0Total3

Rentals by Bedroom Count

1 Beds
Avg:$1,882Median:$1,900Range:$1,600 – $2,150PSF:Sq Ft:DOM:60 / 43New:0Total:7
2 Beds
Avg:$2,491Median:$2,550Range:$2,000 – $2,800PSF:$2 / $2Sq Ft:1,150 / 1,150DOM:62 / 29New:3Total:11
3 Beds
Avg:$3,142Median:$3,199Range:$2,600 – $3,700PSF:$3 / $2Sq Ft:1,167 / 1,300DOM:67 / 36New:1Total:18
4 Beds
Avg:$3,600Median:$3,600Range:$3,600 – $3,600PSF:Sq Ft:DOM:45 / 45New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$775,000Median DOM:36New:3Total:13
Nov 2025
Median Price:$749,900Median DOM:39New:0Total:8
Dec 2025
Median Price:$799,000Median DOM:70New:1Total:7
Jan 2026
Median Price:$749,000Median DOM:25New:3Total:6
Feb 2026
Median Price:$749,000Median DOM:26New:1Total:6
Mar 2026
Median Price:$749,000Median DOM:9New:5Total:9

6-Month Rental Trend

Oct 2025
Median Rent:$2,400Median DOM:44New:3Total:22
Nov 2025
Median Rent:$2,500Median DOM:28New:10Total:25
Dec 2025
Median Rent:$2,800Median DOM:51New:4Total:22
Jan 2026
Median Rent:$2,800Median DOM:38New:12Total:34
Feb 2026
Median Rent:$2,800Median DOM:38New:8Total:37
Mar 2026
Median Rent:$2,800Median DOM:40New:4Total:37

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 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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