ZIP 07079 Housing Market Report

New York Metro

Report period: August 2026

07079 Monthly Market Update – August 2026

ZIP 07079 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$850,000
−5.5%
Median DOM (Sales)
21
0.0%
New Listings (Sales)
7
−69.6%
Median Rent
$3,026
−3.9%
Median DOM (Rental)
47
+23.7%
Total Rental Listings
104
−11.9%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (9 DOM)
  • Fastest renting: Single Family (29 DOM)
  • Strongest bedroom: 7 Beds ($1,599,000 median)

Sales Market Overview

Median Price
$850,000
−5.5%
Median DOM
21
0.0%
New Listings
7
−69.6%
Inventory
83
−3.5%
  • Average Price: $942,509
  • Median Price: $850,000
  • Price Range: $189,000 – $2,450,000
  • Price per Sq Ft (Avg/Median): $341 / $334
  • Square Footage (Avg/Median): 3,470 / 2,424
  • Square Footage Range: 563 – 19,998
  • Days on Market (Avg/Median): 30 / 21
  • Days on Market Range: 3 – 131
  • New Listings: 7
  • Total Listings: 83

Sales by Property Type

Condo
Avg/Median Price$364,000 / $245,000Range$189,000 – $799,000Price per Sq Ft$315 / $310Sq Ft1,013 / 958DOM38 / 45New1Total11
Land
Avg/Median Price$675,000 / $675,000Range$675,000 – $675,000Price per Sq FtSq FtDOM29 / 29New0Total1
Multi-Family
Avg/Median Price$864,700 / $825,000Range$649,999 – $1,200,000Price per Sq Ft$283 / $252Sq Ft6,900 / 2,390DOM38 / 16New1Total10
Single Family
Avg/Median Price$1,076,287 / $959,000Range$550,000 – $2,450,000Price per Sq Ft$365 / $378Sq Ft3,676 / 3,345DOM27 / 20New5Total60
Townhouse
Avg/Median Price$325,000 / $325,000Range$325,000 – $325,000Price per Sq FtSq FtDOM9 / 9New0Total1

Sales by Bedroom Count

1 Beds
Avg:$204,667Median:$195,000Range:$189,000 – $230,000PSF:$336 / $336Sq Ft:563 / 563DOM:36 / 45New:0Total:3
2 Beds
Avg:$334,429Median:$259,000Range:$229,000 – $529,000PSF:$288 / $293Sq Ft:1,036 / 958DOM:38 / 41New:1Total:7
3 Beds
Avg:$848,632Median:$799,000Range:$550,000 – $1,325,000PSF:$415 / $428Sq Ft:2,196 / 2,270DOM:24 / 16New:1Total:19
4 Beds
Avg:$865,087Median:$850,000Range:$590,000 – $1,379,000PSF:$348 / $392Sq Ft:4,786 / 2,424DOM:25 / 14New:3Total:23
5 Beds
Avg:$1,123,380Median:$999,000Range:$799,000 – $1,549,000PSF:$317 / $320Sq Ft:3,507 / 3,588DOM:43 / 20New:0Total:10
6 Beds
Avg:$1,326,618Median:$1,199,000Range:$775,000 – $2,450,000PSF:$457 / $490Sq Ft:3,563 / 3,300DOM:22 / 19New:2Total:11
7 Beds
Avg:$1,708,604Median:$1,599,000Range:$849,000 – $2,250,000PSF:$291 / $245Sq Ft:5,518 / 5,350DOM:40 / 33New:0Total:6
8 Beds
Avg:$833,000Median:$825,000Range:$825,000 – $849,000PSF:$252 / $252Sq Ft:3,268 / 3,268DOM:41 / 25New:0Total:3

Rental Market Overview

Median Rent
$3,026
−3.9%
Median DOM
47
+23.7%
New Listings
0
Inventory
104
−11.9%
  • Average Rent: $3,202
  • Median Rent: $3,026
  • Rent Range: $1,250 – $8,500
  • Rent per Sq Ft (Avg/Median): $3 / $4
  • Square Footage (Avg/Median): 1,133 / 815
  • Square Footage Range: 550 – 9,999
  • Days on Market (Avg/Median): 71 / 47
  • Days on Market Range: 3 – 302
  • New Listings: 0
  • Total Listings: 104

Rentals by Property Type

Apartment
$3,026
Median DOM: 63
Inventory: 46
MoM: −3.9%
Condo
$4,500
Median DOM: 60
Inventory: 5
MoM: −3.9%
Single Family
$3,275
Median DOM: 29
Inventory: 20
MoM: −3.9%
Townhouse
$3,600
Median DOM: 66
Inventory: 1
MoM: −3.9%
Apartment
Avg/Median Rent$2,979 / $3,026Range$1,365 – $4,750Rent per Sq Ft$4 / $4Sq Ft1,055 / 788DOM80 / 63New0Total46
Condo
Avg/Median Rent$4,170 / $4,500Range$2,300 – $7,250Rent per Sq Ft$3 / $3Sq Ft2,119 / 2,119DOM46 / 60New0Total5
Multi-Family
Avg/Median Rent$2,956 / $2,950Range$1,250 – $4,800Rent per Sq Ft$3 / $2Sq Ft1,253 / 1,200DOM68 / 47New0Total32
Single Family
Avg/Median Rent$3,849 / $3,275Range$1,700 – $8,500Rent per Sq Ft$3 / $3Sq Ft1,236 / 1,169DOM64 / 29New0Total20
Townhouse
Avg/Median Rent$3,600 / $3,600Range$3,600 – $3,600Rent per Sq FtSq FtDOM66 / 66New0Total1

Rentals by Bedroom Count

Studio
Avg:$1,812Median:$1,800Range:$1,800 – $1,825PSF:$3 / $3Sq Ft:600 / 550DOM:253 / 253New:0Total:2
1 Beds
Avg:$2,668Median:$2,695Range:$1,250 – $4,490PSF:$4 / $4Sq Ft:774 / 788DOM:75 / 41New:0Total:39
2 Beds
Avg:$3,075Median:$3,000Range:$2,272 – $4,506PSF:$3 / $3Sq Ft:1,660 / 1,169DOM:65 / 47New:0Total:34
3 Beds
Avg:$3,780Median:$3,275Range:$2,600 – $8,500PSF:$3 / $3Sq Ft:1,444 / 1,200DOM:82 / 77New:0Total:21
4 Beds
Avg:$5,000Median:$4,800Range:$4,800 – $5,200PSF:$2 / $2Sq Ft:1,973 / 1,973DOM:17 / 13New:0Total:2
5 Beds
Avg:$5,430Median:$4,750Range:$4,740 – $6,800PSF:Sq Ft:DOM:27 / 19New:0Total:3
6 Beds
Avg:$5,050Median:$5,000Range:$4,750 – $5,400PSF:Sq Ft:DOM:37 / 45New:0Total:3

6-Month Sales Trend

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:13New:28Total:85
Jun 2026
Median Price:$949,000Median DOM:14New:38Total:100
Jul 2026
Median Price:$899,000Median DOM:21New:23Total:86
Aug 2026
Median Price:$850,000Median DOM:21New:7Total:83

6-Month Rental Trend

Mar 2026
Median Rent:$3,200Median DOM:46New:27Total:97
Apr 2026
Median Rent:$3,054Median DOM:41New:25Total:104
May 2026
Median Rent:$3,090Median DOM:33New:33Total:116
Jun 2026
Median Rent:$3,200Median DOM:35New:33Total:127
Jul 2026
Median Rent:$3,150Median DOM:38New:23Total:118
Aug 2026
Median Rent:$3,026Median DOM:47New:0Total:104

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, 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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