ZIP 07078 Housing Market Report

New York Metro

Report period: July 2026

07078 Monthly Market Update – July 2026

ZIP 07078 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$2,750,000
+3.8%
Median DOM (Sales)
18
+20.0%
New Listings (Sales)
7
−69.6%
Median Rent
$5,750
+15.0%
Median DOM (Rental)
23
−14.8%
Total Rental Listings
30
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher.

What's Moving Fastest

  • Fastest selling: Single Family (18 DOM)
  • Fastest renting: Single Family (14 DOM)
  • Strongest bedroom: 8 Beds ($4,900,000 median)

Sales Market Overview

Median Price
$2,750,000
+3.8%
Median DOM
18
+20.0%
New Listings
7
−69.6%
Inventory
70
−6.7%
  • Average Price: $3,059,098
  • Median Price: $2,750,000
  • Price Range: $849,000 – $5,995,000
  • Price per Sq Ft (Avg/Median): $556 / $555
  • Square Footage (Avg/Median): 7,032 / 7,300
  • Square Footage Range: 2,265 – 12,000
  • Days on Market (Avg/Median): 33 / 18
  • Days on Market Range: 1 – 145
  • New Listings: 7
  • Total Listings: 70

Sales by Property Type

Single Family
Avg/Median Price$3,059,098 / $2,750,000Range$849,000 – $5,995,000Price per Sq Ft$556 / $555Sq Ft7,032 / 7,300DOM33 / 18New7Total70

Sales by Bedroom Count

3 Beds
Avg:$1,427,000Median:$1,495,000Range:$849,000 – $2,195,000PSF:$697 / $697Sq Ft:2,265 / 2,265DOM:11 / 14New:1Total:6
4 Beds
Avg:$1,884,462Median:$1,850,000Range:$1,450,000 – $2,595,000PSF:$555 / $555Sq Ft:2,874 / 2,874DOM:25 / 18New:1Total:13
5 Beds
Avg:$2,340,923Median:$2,289,000Range:$1,598,000 – $3,599,000PSF:$546 / $554Sq Ft:5,145 / 5,409DOM:21 / 15New:1Total:13
6 Beds
Avg:$3,529,300Median:$3,395,000Range:$2,200,000 – $5,990,000PSF:$497 / $499Sq Ft:8,227 / 8,050DOM:38 / 25New:1Total:20
7 Beds
Avg:$4,421,111Median:$3,990,000Range:$2,850,000 – $5,995,000PSF:$578 / $570Sq Ft:7,994 / 7,500DOM:52 / 44New:3Total:17
8 Beds
Avg:$4,900,000Median:$4,900,000Range:$4,900,000 – $4,900,000PSF:$662 / $662Sq Ft:7,407 / 7,407DOM:8 / 8New:0Total:1

Rental Market Overview

Median Rent
$5,750
+15.0%
Median DOM
23
−14.8%
New Listings
3
Inventory
30
0.0%
  • Average Rent: $6,082
  • Median Rent: $5,750
  • Rent Range: $2,283 – $9,800
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 2,319 / 1,955
  • Square Footage Range: 816 – 3,879
  • Days on Market (Avg/Median): 35 / 23
  • Days on Market Range: 6 – 102
  • New Listings: 3
  • Total Listings: 30

Rentals by Property Type

Apartment
$2,283
Median DOM: 39
Inventory: 2
MoM: +15.0%
Condo
$2,875
Median DOM: 19
Inventory: 4
MoM: +15.0%
Single Family
$8,200
Median DOM: 14
Inventory: 16
MoM: +15.0%
Townhouse
$4,284
Median DOM: 50
Inventory: 7
MoM: +15.0%
Apartment
Avg/Median Rent$2,854 / $2,283Range$2,283 – $3,425Rent per Sq Ft$3 / $3Sq Ft824 / 816DOM68 / 39New0Total2
Condo
Avg/Median Rent$3,207 / $2,875Range$2,861 – $3,668Rent per Sq FtSq FtDOM42 / 19New0Total4
Multi-Family
Avg/Median Rent$3,100 / $3,100Range$3,100 – $3,100Rent per Sq FtSq FtDOM20 / 20New0Total1
Single Family
Avg/Median Rent$8,181 / $8,200Range$5,750 – $9,800Rent per Sq Ft$3 / $2Sq Ft3,242 / 2,960DOM26 / 14New3Total16
Townhouse
Avg/Median Rent$4,274 / $4,284Range$4,231 – $4,307Rent per Sq Ft$2 / $2Sq Ft1,955 / 1,955DOM46 / 50New0Total7

Rentals by Bedroom Count

1 Beds
Avg:$2,854Median:$2,283Range:$2,283 – $3,425PSF:$3 / $3Sq Ft:824 / 816DOM:68 / 39New:0Total:2
2 Beds
Avg:$3,186Median:$3,100Range:$2,861 – $3,668PSF:Sq Ft:DOM:37 / 20New:0Total:5
3 Beds
Avg:$4,459Median:$4,284Range:$4,231 – $5,750PSF:$2 / $2Sq Ft:1,955 / 1,955DOM:42 / 23New:1Total:8
4 Beds
Avg:$8,571Median:$8,600Range:$7,700 – $9,800PSF:$3 / $3Sq Ft:3,240 / 2,960DOM:20 / 13New:2Total:7
5 Beds
Avg:$8,107Median:$8,200Range:$6,400 – $9,600PSF:$2 / $2Sq Ft:3,243 / 3,000DOM:36 / 34New:0Total:7
6 Beds
Avg:$8,400Median:$8,400Range:$8,400 – $8,400PSF:Sq Ft:DOM:11 / 11New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$2,899,000Median DOM:24New:11Total:36
Mar 2026
Median Price:$2,750,000Median DOM:18New:22Total:52
Apr 2026
Median Price:$2,799,000Median DOM:14New:22Total:57
May 2026
Median Price:$2,750,000Median DOM:20New:26Total:63
Jun 2026
Median Price:$2,650,000Median DOM:15New:23Total:75
Jul 2026
Median Price:$2,750,000Median DOM:18New:7Total:70

6-Month Rental Trend

Feb 2026
Median Rent:$6,000Median DOM:41New:4Total:16
Mar 2026
Median Rent:$6,000Median DOM:28New:6Total:18
Apr 2026
Median Rent:$5,000Median DOM:23New:6Total:19
May 2026
Median Rent:$5,000Median DOM:42New:8Total:23
Jun 2026
Median Rent:$5,000Median DOM:27New:15Total:30
Jul 2026
Median Rent:$5,750Median DOM:23New:3Total:30

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. 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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