ZIP 07078 Housing Market Report

New York Metro

Report period: March 2026

07078 Monthly Market Update – March 2026

ZIP 07078 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$2,895,000
−0.1%
Median DOM (Sales)
19
−20.8%
New Listings (Sales)
6
−45.5%
Median Rent
$6,000
0.0%
Median DOM (Rental)
29
−29.3%
Total Rental Listings
18
+12.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (19 DOM)
  • Fastest renting: Apartment (8 DOM)
  • Strongest bedroom: 7 Beds ($4,650,000 median)

Sales Market Overview

Median Price
$2,895,000
−0.1%
Median DOM
19
−20.8%
New Listings
6
−45.5%
Inventory
41
+13.9%
  • Average Price: $3,227,976
  • Median Price: $2,895,000
  • Price Range: $1,199,000 – $6,999,000
  • Price per Sq Ft (Avg/Median): $623 / $647
  • Square Footage (Avg/Median): 6,162 / 6,863
  • Square Footage Range: 2,700 – 9,965
  • Days on Market (Avg/Median): 47 / 19
  • Days on Market Range: 2 – 225
  • New Listings: 6
  • Total Listings: 41

Sales by Property Type

Single Family
Avg/Median Price$3,258,700 / $2,895,000Range$1,199,000 – $6,999,000Price per Sq Ft$630 / $648Sq Ft6,310 / 6,982DOM48 / 19New6Total40
Townhouse
Avg/Median Price$1,999,000 / $1,999,000Range$1,999,000 – $1,999,000Price per Sq Ft$508 / $508Sq Ft3,932 / 3,932DOM21 / 21New0Total1

Sales by Bedroom Count

3 Beds
Avg:$1,599,000Median:$1,199,000Range:$1,199,000 – $1,999,000PSF:$508 / $508Sq Ft:3,932 / 3,932DOM:16 / 11New:0Total:2
4 Beds
Avg:$2,103,833Median:$1,799,000Range:$1,789,000 – $2,595,000PSF:$574 / $339Sq Ft:4,192 / 3,083DOM:13 / 10New:2Total:6
5 Beds
Avg:$2,296,000Median:$2,395,000Range:$1,750,000 – $2,795,000PSF:$661 / $648Sq Ft:3,416 / 2,700DOM:12 / 10New:0Total:7
6 Beds
Avg:$3,190,071Median:$2,995,000Range:$1,300,000 – $4,000,000PSF:$643 / $570Sq Ft:5,277 / 4,170DOM:54 / 30New:3Total:14
7 Beds
Avg:$4,790,600Median:$4,650,000Range:$2,788,000 – $6,999,000PSF:$660 / $700Sq Ft:8,240 / 7,500DOM:82 / 56New:1Total:10
8 Beds
Avg:$3,943,500Median:$3,888,000Range:$3,888,000 – $3,999,000PSF:$450 / $450Sq Ft:8,888 / 8,888DOM:86 / 51New:0Total:2

Rental Market Overview

Median Rent
$6,000
0.0%
Median DOM
29
−29.3%
New Listings
4
Inventory
18
+12.5%
  • Average Rent: $5,497
  • Median Rent: $6,000
  • Rent Range: $2,201 – $9,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,045 / 816
  • Square Footage Range: 738 – 1,806
  • Days on Market (Avg/Median): 49 / 29
  • Days on Market Range: 6 – 174
  • New Listings: 4
  • Total Listings: 18

Rentals by Property Type

Apartment
$2,283
Median DOM: 8
Inventory: 2
MoM: 0.0%
Condo
$2,861
Median DOM: 8
Inventory: 2
MoM: 0.0%
Single Family
$6,250
Median DOM: 36
Inventory: 13
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$2,844 / $2,283Range$2,283 – $3,405Rent per Sq Ft$4 / $3Sq Ft777 / 738DOM8 / 8New1Total2
Condo
Avg/Median Rent$3,028 / $2,861Range$2,861 – $3,195Rent per Sq FtSq FtDOM91 / 8New1Total2
Multi-Family
Avg/Median Rent$2,201 / $2,201Range$2,201 – $2,201Rent per Sq Ft$3 / $3Sq Ft819 / 819DOM8 / 8New1Total1
Single Family
Avg/Median Rent$6,538 / $6,250Range$5,000 – $9,000Rent per Sq Ft$3 / $3Sq Ft1,806 / 1,806DOM48 / 36New1Total13

Rentals by Bedroom Count

1 Beds
Avg:$2,630Median:$2,283Range:$2,201 – $3,405PSF:$3 / $3Sq Ft:791 / 816DOM:8 / 8New:2Total:3
2 Beds
Avg:$3,028Median:$2,861Range:$2,861 – $3,195PSF:Sq Ft:DOM:91 / 8New:1Total:2
3 Beds
Avg:$6,012Median:$5,850Range:$5,000 – $7,200PSF:$3 / $3Sq Ft:1,806 / 1,806DOM:40 / 36New:0Total:4
4 Beds
Avg:$6,550Median:$6,250Range:$5,950 – $9,000PSF:Sq Ft:DOM:61 / 59New:0Total:7
5 Beds
Avg:$6,500Median:$6,500Range:$6,500 – $6,500PSF:Sq Ft:DOM:6 / 6New:1Total:1
6 Beds
Avg:$8,600Median:$8,600Range:$8,600 – $8,600PSF:Sq Ft:DOM:29 / 29New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$2,988,000Median DOM:29New:17Total:52
Nov 2025
Median Price:$2,999,900Median DOM:40New:4Total:50
Dec 2025
Median Price:$3,495,000Median DOM:56New:1Total:35
Jan 2026
Median Price:$3,850,000Median DOM:22New:14Total:29
Feb 2026
Median Price:$2,899,000Median DOM:24New:11Total:36
Mar 2026
Median Price:$2,895,000Median DOM:19New:6Total:41

6-Month Rental Trend

Oct 2025
Median Rent:$4,640Median DOM:32New:5Total:19
Nov 2025
Median Rent:$5,015Median DOM:33New:4Total:18
Dec 2025
Median Rent:$5,650Median DOM:49New:1Total:17
Jan 2026
Median Rent:$5,950Median DOM:49New:5Total:16
Feb 2026
Median Rent:$6,000Median DOM:41New:4Total:16
Mar 2026
Median Rent:$6,000Median DOM:29New:4Total:18

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory increased.

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.

← Back to New York Metro