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
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 3 Beds | $1,427,000 | $1,495,000 | $849,000 – $2,195,000 | $697 / $697 | 2,265 / 2,265 | 11 / 14 | 1 | 6 |
| 4 Beds | $1,884,462 | $1,850,000 | $1,450,000 – $2,595,000 | $555 / $555 | 2,874 / 2,874 | 25 / 18 | 1 | 13 |
| 5 Beds | $2,340,923 | $2,289,000 | $1,598,000 – $3,599,000 | $546 / $554 | 5,145 / 5,409 | 21 / 15 | 1 | 13 |
| 6 Beds | $3,529,300 | $3,395,000 | $2,200,000 – $5,990,000 | $497 / $499 | 8,227 / 8,050 | 38 / 25 | 1 | 20 |
| 7 Beds | $4,421,111 | $3,990,000 | $2,850,000 – $5,995,000 | $578 / $570 | 7,994 / 7,500 | 52 / 44 | 3 | 17 |
| 8 Beds | $4,900,000 | $4,900,000 | $4,900,000 – $4,900,000 | $662 / $662 | 7,407 / 7,407 | 8 / 8 | 0 | 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 Ft—Sq Ft—DOM42 / 19New0Total4
Multi-Family
Avg/Median Rent$3,100 / $3,100Range$3,100 – $3,100Rent per Sq Ft—Sq Ft—DOM20 / 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
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $2,854 | $2,283 | $2,283 – $3,425 | $3 / $3 | 824 / 816 | 68 / 39 | 0 | 2 |
| 2 Beds | $3,186 | $3,100 | $2,861 – $3,668 | — | — | 37 / 20 | 0 | 5 |
| 3 Beds | $4,459 | $4,284 | $4,231 – $5,750 | $2 / $2 | 1,955 / 1,955 | 42 / 23 | 1 | 8 |
| 4 Beds | $8,571 | $8,600 | $7,700 – $9,800 | $3 / $3 | 3,240 / 2,960 | 20 / 13 | 2 | 7 |
| 5 Beds | $8,107 | $8,200 | $6,400 – $9,600 | $2 / $2 | 3,243 / 3,000 | 36 / 34 | 0 | 7 |
| 6 Beds | $8,400 | $8,400 | $8,400 – $8,400 | — | — | 11 / 11 | 0 | 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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