ZIP 07079 Housing Market Report

New York Metro

Report period: May 2026

07079 Monthly Market Update – May 2026

ZIP 07079 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$965,000
0.0%
Median DOM (Sales)
14
+16.7%
New Listings (Sales)
7
−84.8%
Median Rent
$3,055
+0.0%
Median DOM (Rental)
36
−12.2%
Total Rental Listings
113
+8.7%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (9 DOM)
  • Fastest renting: Townhouse (7 DOM)
  • Strongest bedroom: 7 Beds ($1,850,000 median)

Sales Market Overview

Median Price
$965,000
0.0%
Median DOM
14
+16.7%
New Listings
7
−84.8%
Inventory
87
+2.4%
  • Average Price: $1,004,211
  • Median Price: $965,000
  • Price Range: $356,250 – $3,000,000
  • Price per Sq Ft (Avg/Median): $351 / $355
  • Square Footage (Avg/Median): 2,800 / 3,134
  • Square Footage Range: 1,055 – 4,425
  • Days on Market (Avg/Median): 25 / 14
  • Days on Market Range: 2 – 204
  • New Listings: 7
  • Total Listings: 87

Sales by Property Type

Condo
Avg/Median Price$507,684 / $499,000Range$356,250 – $688,000Price per Sq Ft$302 / $262Sq Ft1,600 / 1,395DOM27 / 9New2Total16
Multi-Family
Avg/Median Price$891,500 / $875,000Range$699,999 – $1,000,000Price per Sq Ft$295 / $268Sq Ft3,102 / 3,135DOM71 / 17New0Total6
Single Family
Avg/Median Price$1,136,837 / $1,125,000Range$589,000 – $3,000,000Price per Sq Ft$388 / $388Sq Ft3,228 / 3,588DOM20 / 14New5Total65

Sales by Bedroom Count

2 Beds
Avg:$498,197Median:$499,000Range:$356,250 – $688,000PSF:$305 / $262Sq Ft:1,468 / 1,395DOM:27 / 9New:2Total:15
3 Beds
Avg:$758,453Median:$650,000Range:$589,000 – $1,125,000PSF:$417 / $449Sq Ft:2,139 / 2,261DOM:17 / 14New:1Total:15
4 Beds
Avg:$1,086,762Median:$995,000Range:$599,000 – $3,000,000PSF:$367 / $349Sq Ft:2,762 / 2,234DOM:15 / 12New:3Total:21
5 Beds
Avg:$1,271,076Median:$1,299,000Range:$650,000 – $1,850,000PSF:$388 / $399Sq Ft:3,460 / 3,600DOM:27 / 16New:0Total:21
6 Beds
Avg:$1,211,857Median:$1,279,000Range:$950,000 – $1,650,000PSF:$353 / $319Sq Ft:3,218 / 3,135DOM:64 / 29New:1Total:7
7 Beds
Avg:$1,850,000Median:$1,850,000Range:$1,850,000 – $1,850,000PSF:Sq Ft:DOM:22 / 22New:0Total:1
8 Beds
Avg:$1,238,429Median:$1,125,000Range:$875,000 – $1,895,000PSF:$252 / $254Sq Ft:3,916 / 4,060DOM:21 / 17New:0Total:7

Rental Market Overview

Median Rent
$3,055
+0.0%
Median DOM
36
−12.2%
New Listings
14
Inventory
113
+8.7%
  • Average Rent: $3,215
  • Median Rent: $3,055
  • Rent Range: $1,367 – $8,500
  • Rent per Sq Ft (Avg/Median): $3 / $4
  • Square Footage (Avg/Median): 1,009 / 815
  • Square Footage Range: 366 – 3,105
  • Days on Market (Avg/Median): 59 / 36
  • Days on Market Range: 2 – 300
  • New Listings: 14
  • Total Listings: 113

Rentals by Property Type

Apartment
$3,020
Median DOM: 57
Inventory: 47
MoM: +0.0%
Condo
$2,800
Median DOM: 55
Inventory: 3
MoM: +0.0%
Single Family
$3,226
Median DOM: 35
Inventory: 27
MoM: +0.0%
Townhouse
$3,999
Median DOM: 7
Inventory: 2
MoM: +0.0%
Apartment
Avg/Median Rent$2,942 / $3,020Range$1,630 – $5,545Rent per Sq Ft$4 / $4Sq Ft883 / 815DOM76 / 57New6Total47
Condo
Avg/Median Rent$3,000 / $2,800Range$2,300 – $3,900Rent per Sq FtSq FtDOM50 / 55New1Total3
Multi-Family
Avg/Median Rent$3,136 / $2,900Range$1,450 – $5,040Rent per Sq Ft$2 / $2Sq Ft1,293 / 1,000DOM42 / 20New3Total34
Single Family
Avg/Median Rent$3,726 / $3,226Range$1,367 – $8,500Rent per Sq Ft$3 / $3Sq Ft1,453 / 1,169DOM56 / 35New4Total27
Townhouse
Avg/Median Rent$4,400 / $3,999Range$3,999 – $4,800Rent per Sq Ft$3 / $3Sq Ft1,800 / 1,800DOM73 / 7New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,704Median:$1,724Range:$1,367 – $1,800PSF:$3 / $3Sq Ft:574 / 650DOM:69 / 16New:0Total:8
1 Beds
Avg:$2,616Median:$2,682Range:$1,450 – $4,400PSF:$4 / $4Sq Ft:761 / 788DOM:73 / 48New:2Total:32
2 Beds
Avg:$3,104Median:$2,800Range:$2,100 – $5,545PSF:$3 / $3Sq Ft:1,123 / 1,157DOM:56 / 15New:6Total:31
3 Beds
Avg:$3,537Median:$3,226Range:$2,500 – $8,500PSF:$3 / $3Sq Ft:1,269 / 1,200DOM:49 / 29New:4Total:27
4 Beds
Avg:$4,425Median:$4,300Range:$3,400 – $5,850PSF:$3 / $2Sq Ft:1,886 / 1,800DOM:39 / 18New:1Total:6
5 Beds
Avg:$5,378Median:$5,250Range:$4,500 – $6,600PSF:$2 / $2Sq Ft:2,928 / 2,750DOM:91 / 92New:0Total:5
6 Beds
Avg:$5,185Median:$5,040Range:$4,500 – $5,700PSF:Sq Ft:DOM:27 / 13New:1Total:4

6-Month Sales Trend

Dec 2025
Median Price:$859,000Median DOM:41New:12Total:61
Jan 2026
Median Price:$899,000Median DOM:42New:21Total:61
Feb 2026
Median Price:$979,000Median DOM:43New:8Total:60
Mar 2026
Median Price:$975,000Median DOM:22New:24Total:65
Apr 2026
Median Price:$965,000Median DOM:12New:46Total:85
May 2026
Median Price:$965,000Median DOM:14New:7Total:87

6-Month Rental Trend

Dec 2025
Median Rent:$2,845Median DOM:53New:18Total:92
Jan 2026
Median Rent:$2,995Median DOM:58New:16Total:88
Feb 2026
Median Rent:$3,123Median DOM:60New:17Total:83
Mar 2026
Median Rent:$3,200Median DOM:46New:27Total:97
Apr 2026
Median Rent:$3,054Median DOM:41New:25Total:104
May 2026
Median Rent:$3,055Median DOM:36New:14Total:113

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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