ZIP 07078 Housing Market Report
New York Metro
Report period: August 2026
07078 Monthly Market Update – August 2026
ZIP 07078 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$2,995,000
+0.7%
Median DOM (Sales)
27
+22.7%
New Listings (Sales)
1
−91.7%
Median Rent
$6,400
+11.3%
Median DOM (Rental)
40
+14.3%
Total Rental Listings
27
−10.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (27 DOM)
- Fastest renting: Multi-Family (19 DOM)
- Strongest bedroom: 8 Beds ($4,195,000 median)
Sales Market Overview
Median Price
$2,995,000
+0.7%
Median DOM
27
+22.7%
New Listings
1
−91.7%
Inventory
55
−5.2%
- Average Price: $3,094,525
- Median Price: $2,995,000
- Price Range: $849,000 – $5,995,000
- Price per Sq Ft (Avg/Median): $553 / $554
- Square Footage (Avg/Median): 7,094 / 6,995
- Square Footage Range: 2,265 – 12,000
- Days on Market (Avg/Median): 42 / 27
- Days on Market Range: 1 – 129
- New Listings: 1
- Total Listings: 55
Sales by Property Type
Single Family
Avg/Median Price$3,094,525 / $2,995,000Range$849,000 – $5,995,000Price per Sq Ft$553 / $554Sq Ft7,094 / 6,995DOM42 / 27New1Total55
Sales by Bedroom Count
3 Beds
Avg:$1,218,000Median:$849,000Range:$849,000 – $1,595,000PSF:$697 / $697Sq Ft:2,265 / 2,265DOM:10 / 11New:0Total:4
4 Beds
Avg:$1,760,500Median:$1,700,000Range:$1,450,000 – $2,249,000PSF:$555 / $555Sq Ft:2,874 / 2,874DOM:32 / 18New:0Total:8
5 Beds
Avg:$2,409,077Median:$2,250,000Range:$1,598,000 – $3,995,000PSF:$569 / $554Sq Ft:5,207 / 5,409DOM:24 / 21New:0Total:13
6 Beds
Avg:$3,645,867Median:$3,650,000Range:$2,200,000 – $5,990,000PSF:$488 / $481Sq Ft:8,757 / 8,050DOM:48 / 36New:0Total:15
7 Beds
Avg:$4,360,135Median:$3,988,000Range:$3,250,000 – $5,995,000PSF:$598 / $577Sq Ft:8,011 / 7,848DOM:70 / 74New:0Total:14
8 Beds
Avg:$4,195,000Median:$4,195,000Range:$4,195,000 – $4,195,000PSF:$379 / $379Sq Ft:11,076 / 11,076DOM:6 / 6New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 3 Beds | $1,218,000 | $849,000 | $849,000 – $1,595,000 | $697 / $697 | 2,265 / 2,265 | 10 / 11 | 0 | 4 |
| 4 Beds | $1,760,500 | $1,700,000 | $1,450,000 – $2,249,000 | $555 / $555 | 2,874 / 2,874 | 32 / 18 | 0 | 8 |
| 5 Beds | $2,409,077 | $2,250,000 | $1,598,000 – $3,995,000 | $569 / $554 | 5,207 / 5,409 | 24 / 21 | 0 | 13 |
| 6 Beds | $3,645,867 | $3,650,000 | $2,200,000 – $5,990,000 | $488 / $481 | 8,757 / 8,050 | 48 / 36 | 0 | 15 |
| 7 Beds | $4,360,135 | $3,988,000 | $3,250,000 – $5,995,000 | $598 / $577 | 8,011 / 7,848 | 70 / 74 | 0 | 14 |
| 8 Beds | $4,195,000 | $4,195,000 | $4,195,000 – $4,195,000 | $379 / $379 | 11,076 / 11,076 | 6 / 6 | 1 | 1 |
Rental Market Overview
Median Rent
$6,400
+11.3%
Median DOM
40
+14.3%
New Listings
0
Inventory
27
−10.0%
- Average Rent: $6,146
- Median Rent: $6,400
- Rent Range: $2,861 – $9,600
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 2,482 / 1,955
- Square Footage Range: 1,931 – 3,879
- Days on Market (Avg/Median): 47 / 40
- Days on Market Range: 11 – 126
- New Listings: 0
- Total Listings: 27
Rentals by Property Type
Apartment
$7,825
Median DOM: 69
Inventory: 1
MoM: +11.3%
Condo
$2,875
Median DOM: 49
Inventory: 4
MoM: +11.3%
Single Family
$8,200
Median DOM: 32
Inventory: 14
MoM: +11.3%
Townhouse
$4,275
Median DOM: 49
Inventory: 6
MoM: +11.3%
Apartment
Avg/Median Rent$7,825 / $7,825Range$7,825 – $7,825Rent per Sq Ft$4 / $4Sq Ft1,931 / 1,931DOM69 / 69New0Total1
Condo
Avg/Median Rent$3,207 / $2,875Range$2,861 – $3,668Rent per Sq Ft—Sq Ft—DOM54 / 49New0Total4
Multi-Family
Avg/Median Rent$3,650 / $3,100Range$3,100 – $4,200Rent per Sq Ft—Sq Ft—DOM35 / 19New0Total2
Single Family
Avg/Median Rent$8,025 / $8,200Range$5,750 – $9,600Rent per Sq Ft$2 / $2Sq Ft3,410 / 3,000DOM37 / 32New0Total14
Townhouse
Avg/Median Rent$4,271 / $4,275Range$4,231 – $4,307Rent per Sq Ft$2 / $2Sq Ft1,955 / 1,955DOM66 / 49New0Total6
Rentals by Bedroom Count
2 Beds
Avg:$3,959Median:$3,100Range:$2,861 – $7,825PSF:$4 / $4Sq Ft:1,931 / 1,931DOM:56 / 49New:0Total:6
3 Beds
Avg:$4,483Median:$4,284Range:$4,231 – $5,750PSF:$2 / $2Sq Ft:1,955 / 1,955DOM:62 / 49New:0Total:7
4 Beds
Avg:$7,788Median:$8,200Range:$4,200 – $9,000PSF:$3 / $2Sq Ft:3,380 / 2,960DOM:32 / 19New:0Total:8
5 Beds
Avg:$8,020Median:$8,200Range:$6,400 – $9,600PSF:$2 / $2Sq Ft:3,440 / 3,000DOM:45 / 34New:0Total:5
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 |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $3,959 | $3,100 | $2,861 – $7,825 | $4 / $4 | 1,931 / 1,931 | 56 / 49 | 0 | 6 |
| 3 Beds | $4,483 | $4,284 | $4,231 – $5,750 | $2 / $2 | 1,955 / 1,955 | 62 / 49 | 0 | 7 |
| 4 Beds | $7,788 | $8,200 | $4,200 – $9,000 | $3 / $2 | 3,380 / 2,960 | 32 / 19 | 0 | 8 |
| 5 Beds | $8,020 | $8,200 | $6,400 – $9,600 | $2 / $2 | 3,440 / 3,000 | 45 / 34 | 0 | 5 |
| 6 Beds | $8,400 | $8,400 | $8,400 – $8,400 | — | — | 11 / 11 | 0 | 1 |
6-Month Sales Trend
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:$2,975,000Median DOM:22New:12Total:58
Aug 2026
Median Price:$2,995,000Median DOM:27New:1Total:55
6-Month Rental Trend
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:35New:4Total:30
Aug 2026
Median Rent:$6,400Median DOM:40New:0Total:27
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 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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