ZIP 07080 Housing Market Report

New York Metro

Report period: August 2026

07080 Monthly Market Update – August 2026

ZIP 07080 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$590,000
−1.5%
Median DOM (Sales)
34
+21.4%
New Listings (Sales)
6
−78.6%
Median Rent
$2,700
0.0%
Median DOM (Rental)
30
0.0%
Total Rental Listings
26
0.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents were stable.

What's Moving Fastest

  • Fastest selling: Multi-Family (19 DOM)
  • Fastest renting: Apartment (10 DOM)
  • Strongest bedroom: Studio ($1,290,000 median)

Sales Market Overview

Median Price
$590,000
−1.5%
Median DOM
34
+21.4%
New Listings
6
−78.6%
Inventory
94
+1.1%
  • Average Price: $657,295
  • Median Price: $590,000
  • Price Range: $389,900 – $3,000,000
  • Price per Sq Ft (Avg/Median): $349 / $344
  • Square Footage (Avg/Median): 2,078 / 1,674
  • Square Footage Range: 836 – 5,800
  • Days on Market (Avg/Median): 48 / 34
  • Days on Market Range: 2 – 274
  • New Listings: 6
  • Total Listings: 94

Sales by Property Type

Condo
Avg/Median Price$431,986 / $429,999Range$420,000 – $449,000Price per Sq Ft$376 / $377Sq Ft1,152 / 1,154DOM62 / 76New1Total7
Land
Avg/Median Price$3,000,000 / $3,000,000Range$3,000,000 – $3,000,000Price per Sq FtSq FtDOMNew0Total1
Multi-Family
Avg/Median Price$1,029,500 / $769,000Range$769,000 – $1,290,000Price per Sq FtSq FtDOM147 / 19New0Total2
Single Family
Avg/Median Price$631,602 / $590,000Range$389,900 – $1,149,900Price per Sq Ft$349 / $336Sq Ft2,160 / 1,737DOM45 / 29New5Total78
Townhouse
Avg/Median Price$739,648 / $739,000Range$585,000 – $894,995Price per Sq Ft$319 / $282Sq Ft2,392 / 1,795DOM47 / 36New0Total6

Sales by Bedroom Count

Studio
Avg:$1,290,000Median:$1,290,000Range:$1,290,000 – $1,290,000PSF:Sq Ft:DOM:274 / 274New:0Total:1
2 Beds
Avg:$481,400Median:$439,900Range:$420,000 – $619,900PSF:$398 / $368Sq Ft:1,313 / 1,154DOM:67 / 52New:2Total:12
3 Beds
Avg:$574,944Median:$549,900Range:$430,000 – $894,995PSF:$383 / $361Sq Ft:1,633 / 1,440DOM:36 / 27New:2Total:38
4 Beds
Avg:$682,262Median:$659,000Range:$389,900 – $1,149,900PSF:$320 / $318Sq Ft:2,380 / 2,160DOM:49 / 40New:1Total:35
5 Beds
Avg:$860,580Median:$999,000Range:$585,000 – $1,100,000PSF:$172 / $172Sq Ft:5,800 / 5,800DOM:54 / 27New:1Total:5
6 Beds
Avg:$920,000Median:$920,000Range:$920,000 – $920,000PSF:$263 / $263Sq Ft:3,500 / 3,500DOM:49 / 49New:0Total:1
7 Beds
Avg:$769,000Median:$769,000Range:$769,000 – $769,000PSF:Sq Ft:DOM:19 / 19New:0Total:1

Rental Market Overview

Median Rent
$2,700
0.0%
Median DOM
30
0.0%
New Listings
1
Inventory
26
0.0%
  • Average Rent: $2,996
  • Median Rent: $2,700
  • Rent Range: $1,000 – $4,900
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,288 / 1,150
  • Square Footage Range: 700 – 3,200
  • Days on Market (Avg/Median): 39 / 30
  • Days on Market Range: 10 – 96
  • New Listings: 1
  • Total Listings: 26

Rentals by Property Type

Apartment
$2,300
Median DOM: 10
Inventory: 6
MoM: 0.0%
Condo
$2,550
Median DOM: 30
Inventory: 7
MoM: 0.0%
Single Family
$3,400
Median DOM: 33
Inventory: 11
MoM: 0.0%
Townhouse
$1,000
Median DOM: 26
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$2,533 / $2,300Range$2,200 – $3,177Rent per Sq Ft$3 / $3Sq Ft969 / 1,078DOM53 / 10New0Total6
Condo
Avg/Median Rent$2,707 / $2,550Range$2,450 – $3,600Rent per Sq Ft$2 / $2Sq Ft1,169 / 1,154DOM38 / 30New0Total7
Single Family
Avg/Median Rent$3,559 / $3,400Range$2,650 – $4,900Rent per Sq Ft$2 / $2Sq Ft1,654 / 1,400DOM38 / 33New1Total11
Townhouse
Avg/Median Rent$2,300 / $1,000Range$1,000 – $3,600Rent per Sq FtSq FtDOM28 / 26New0Total2

Rentals by Bedroom Count

1 Beds
Avg:$1,856Median:$2,269Range:$1,000 – $2,300PSF:$3 / $3Sq Ft:732 / 700DOM:30 / 30New:0Total:3
2 Beds
Avg:$2,602Median:$2,550Range:$2,200 – $3,177PSF:$2 / $2Sq Ft:1,153 / 1,150DOM:41 / 30New:0Total:11
3 Beds
Avg:$3,490Median:$3,400Range:$2,700 – $4,500PSF:$3 / $3Sq Ft:1,391 / 1,470DOM:38 / 26New:1Total:10
4 Beds
Avg:$3,900Median:$3,900Range:$3,900 – $3,900PSF:$3 / $3Sq Ft:1,400 / 1,400DOM:64 / 64New:0Total:1
5 Beds
Avg:$4,900Median:$4,900Range:$4,900 – $4,900PSF:$2 / $2Sq Ft:3,200 / 3,200DOM:11 / 11New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$599,000Median DOM:16New:24Total:60
Apr 2026
Median Price:$629,900Median DOM:17New:22Total:64
May 2026
Median Price:$599,999Median DOM:24New:26Total:74
Jun 2026
Median Price:$599,999Median DOM:24New:30Total:85
Jul 2026
Median Price:$599,000Median DOM:28New:28Total:93
Aug 2026
Median Price:$590,000Median DOM:34New:6Total:94

6-Month Rental Trend

Mar 2026
Median Rent:$2,600Median DOM:29New:5Total:23
Apr 2026
Median Rent:$2,550Median DOM:25New:5Total:21
May 2026
Median Rent:$2,600Median DOM:26New:5Total:18
Jun 2026
Median Rent:$2,700Median DOM:30New:7Total:23
Jul 2026
Median Rent:$2,700Median DOM:30New:8Total:26
Aug 2026
Median Rent:$2,700Median DOM:30New:1Total:26

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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