ZIP 07073 Housing Market Report

New York Metro

Report period: May 2026

07073 Monthly Market Update – May 2026

ZIP 07073 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$649,000
+8.2%
Median DOM (Sales)
21
0.0%
New Listings (Sales)
2
−75.0%
Median Rent
$2,509
−3.5%
Median DOM (Rental)
48
+33.3%
Total Rental Listings
67
−5.6%

Month-over-Month Movement

Median sale prices moved higher. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (12 DOM)
  • Fastest renting: Condo (30 DOM)
  • Strongest bedroom: 6 Beds ($875,000 median)

Sales Market Overview

Median Price
$649,000
+8.2%
Median DOM
21
0.0%
New Listings
2
−75.0%
Inventory
18
+12.5%
  • Average Price: $828,878
  • Median Price: $649,000
  • Price Range: $395,000 – $3,000,000
  • Price per Sq Ft (Avg/Median): $444 / $444
  • Square Footage (Avg/Median): 1,666 / 1,666
  • Square Footage Range: 1,666 – 1,666
  • Days on Market (Avg/Median): 33 / 21
  • Days on Market Range: 2 – 116
  • New Listings: 2
  • Total Listings: 18

Sales by Property Type

Condo
Avg/Median Price$536,167 / $549,000Range$395,000 – $599,000Price per Sq FtSq FtDOM24 / 12New1Total6
Multi-Family
Avg/Median Price$875,000 / $875,000Range$875,000 – $875,000Price per Sq FtSq FtDOM40 / 40New0Total1
Single Family
Avg/Median Price$984,345 / $794,000Range$589,000 – $3,000,000Price per Sq Ft$444 / $444Sq Ft1,666 / 1,666DOM37 / 21New1Total11

Sales by Bedroom Count

1 Beds
Avg:$395,000Median:$395,000Range:$395,000 – $395,000PSF:Sq Ft:DOM:53 / 53New:0Total:1
2 Beds
Avg:$564,400Median:$550,000Range:$549,000 – $599,000PSF:Sq Ft:DOM:18 / 12New:1Total:5
3 Beds
Avg:$1,102,150Median:$699,900Range:$589,000 – $3,000,000PSF:Sq Ft:DOM:49 / 21New:1Total:6
4 Beds
Avg:$842,980Median:$794,000Range:$649,000 – $1,237,000PSF:$444 / $444Sq Ft:1,666 / 1,666DOM:22 / 12New:0Total:5
6 Beds
Avg:$875,000Median:$875,000Range:$875,000 – $875,000PSF:Sq Ft:DOM:40 / 40New:0Total:1

Rental Market Overview

Median Rent
$2,509
−3.5%
Median DOM
48
+33.3%
New Listings
3
Inventory
67
−5.6%
  • Average Rent: $2,589
  • Median Rent: $2,509
  • Rent Range: $1,650 – $4,750
  • Rent per Sq Ft (Avg/Median): $4 / $3
  • Square Footage (Avg/Median): 851 / 800
  • Square Footage Range: 300 – 1,216
  • Days on Market (Avg/Median): 52 / 48
  • Days on Market Range: 1 – 176
  • New Listings: 3
  • Total Listings: 67

Rentals by Property Type

Apartment
$2,360
Median DOM: 48
Inventory: 18
MoM: −3.5%
Condo
$1,695
Median DOM: 30
Inventory: 3
MoM: −3.5%
Single Family
$3,000
Median DOM: 55
Inventory: 11
MoM: −3.5%
Townhouse
Median DOM:
Inventory:
MoM: −3.5%
Apartment
Avg/Median Rent$2,375 / $2,360Range$1,650 – $3,675Rent per Sq Ft$4 / $3Sq Ft817 / 770DOM51 / 48New0Total18
Condo
Avg/Median Rent$2,090 / $1,695Range$1,675 – $2,900Rent per Sq Ft$3 / $3Sq Ft536 / 536DOM47 / 30New0Total3
Multi-Family
Avg/Median Rent$2,560 / $2,500Range$1,675 – $3,700Rent per Sq Ft$3 / $3Sq Ft1,205 / 1,205DOM51 / 41New2Total35
Single Family
Avg/Median Rent$3,168 / $3,000Range$1,900 – $4,750Rent per Sq Ft$3 / $3Sq Ft948 / 919DOM53 / 55New1Total11

Rentals by Bedroom Count

Studio
Avg:$2,093Median:$1,695Range:$1,650 – $2,933PSF:$6 / $3Sq Ft:418 / 300DOM:26 / 29New:0Total:3
1 Beds
Avg:$2,218Median:$2,000Range:$1,675 – $3,675PSF:$3 / $3Sq Ft:862 / 770DOM:64 / 59New:1Total:26
2 Beds
Avg:$2,458Median:$2,500Range:$1,750 – $3,400PSF:$3 / $3Sq Ft:1,048 / 895DOM:41 / 28New:1Total:18
3 Beds
Avg:$3,078Median:$2,900Range:$2,200 – $4,750PSF:Sq Ft:DOM:47 / 36New:1Total:14
4 Beds
Avg:$3,700Median:$3,450Range:$3,200 – $4,500PSF:$3 / $3Sq Ft:1,205 / 1,205DOM:61 / 63New:0Total:6

6-Month Sales Trend

Dec 2025
Median Price:$849,000Median DOM:31New:0Total:5
Jan 2026
Median Price:$675,000Median DOM:12New:7Total:8
Feb 2026
Median Price:$675,000Median DOM:30New:0Total:8
Mar 2026
Median Price:$729,000Median DOM:21New:3Total:11
Apr 2026
Median Price:$600,000Median DOM:21New:8Total:16
May 2026
Median Price:$649,000Median DOM:21New:2Total:18

6-Month Rental Trend

Dec 2025
Median Rent:$2,600Median DOM:45New:14Total:64
Jan 2026
Median Rent:$2,650Median DOM:51New:19Total:68
Feb 2026
Median Rent:$2,450Median DOM:33New:22Total:68
Mar 2026
Median Rent:$2,500Median DOM:36New:20Total:71
Apr 2026
Median Rent:$2,600Median DOM:36New:19Total:71
May 2026
Median Rent:$2,509Median DOM:48New:3Total:67

Key Market Takeaways

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