ZIP 07081 Housing Market Report

New York Metro

Report period: March 2026

07081 Monthly Market Update – March 2026

ZIP 07081 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$639,000
0.0%
Median DOM (Sales)
26
−42.2%
New Listings (Sales)
1
−80.0%
Median Rent
$2,900
−2.5%
Median DOM (Rental)
37
+27.6%
Total Rental Listings
43
−2.3%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (18 DOM)
  • Fastest renting: Multi-Family (14 DOM)
  • Strongest bedroom: 8 Beds ($975,000 median)

Sales Market Overview

Median Price
$639,000
0.0%
Median DOM
26
−42.2%
New Listings
1
−80.0%
Inventory
24
−17.2%
  • Average Price: $635,242
  • Median Price: $639,000
  • Price Range: $259,900 – $1,250,000
  • Price per Sq Ft (Avg/Median): $323 / $333
  • Square Footage (Avg/Median): 2,089 / 2,015
  • Square Footage Range: 590 – 3,516
  • Days on Market (Avg/Median): 67 / 26
  • Days on Market Range: 7 – 301
  • New Listings: 1
  • Total Listings: 24

Sales by Property Type

Condo
Avg/Median Price$423,680 / $339,900Range$259,900 – $639,000Price per Sq Ft$352 / $360Sq Ft1,378 / 1,695DOM58 / 18New0Total10
Multi-Family
Avg/Median Price$975,000 / $975,000Range$975,000 – $975,000Price per Sq Ft$277 / $277Sq Ft3,516 / 3,516DOM18 / 18New0Total1
Single Family
Avg/Median Price$771,846 / $729,999Range$540,000 – $1,250,000Price per Sq Ft$315 / $333Sq Ft2,231 / 2,090DOM79 / 50New1Total13

Sales by Bedroom Count

1 Beds
Avg:$277,225Median:$275,000Range:$259,900 – $299,000PSF:$466 / $466Sq Ft:590 / 590DOM:58 / 59New:0Total:4
2 Beds
Avg:$497,780Median:$474,999Range:$339,900 – $639,000PSF:$295 / $230Sq Ft:1,772 / 1,695DOM:66 / 15New:0Total:5
3 Beds
Avg:$678,200Median:$659,000Range:$599,000 – $795,000PSF:$315 / $248Sq Ft:2,464 / 1,728DOM:121 / 110New:0Total:5
4 Beds
Avg:$797,875Median:$729,999Range:$540,000 – $1,250,000PSF:$315 / $333Sq Ft:2,075 / 2,090DOM:50 / 14New:1Total:8
5 Beds
Avg:$899,000Median:$899,000Range:$899,000 – $899,000PSF:Sq Ft:DOM:26 / 26New:0Total:1
8 Beds
Avg:$975,000Median:$975,000Range:$975,000 – $975,000PSF:$277 / $277Sq Ft:3,516 / 3,516DOM:18 / 18New:0Total:1

Rental Market Overview

Median Rent
$2,900
−2.5%
Median DOM
37
+27.6%
New Listings
2
Inventory
43
−2.3%
  • Average Rent: $3,242
  • Median Rent: $2,900
  • Rent Range: $1,900 – $6,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,148 / 1,010
  • Square Footage Range: 634 – 2,612
  • Days on Market (Avg/Median): 59 / 37
  • Days on Market Range: 3 – 314
  • New Listings: 2
  • Total Listings: 43

Rentals by Property Type

Apartment
$2,575
Median DOM: 38
Inventory: 15
MoM: −2.5%
Condo
$2,550
Median DOM: 29
Inventory: 10
MoM: −2.5%
Single Family
$4,500
Median DOM: 44
Inventory: 13
MoM: −2.5%
Townhouse
$3,700
Median DOM: 32
Inventory: 3
MoM: −2.5%
Apartment
Avg/Median Rent$2,597 / $2,575Range$1,900 – $4,450Rent per Sq Ft$3 / $3Sq Ft902 / 840DOM122 / 38New0Total15
Condo
Avg/Median Rent$2,604 / $2,550Range$1,900 – $3,195Rent per Sq Ft$3 / $3Sq Ft1,152 / 1,138DOM31 / 29New2Total10
Multi-Family
Avg/Median Rent$2,748 / $2,000Range$2,000 – $3,495Rent per Sq Ft$3 / $3Sq Ft1,250 / 1,250DOM36 / 14New0Total2
Single Family
Avg/Median Rent$4,446 / $4,500Range$2,500 – $6,000Rent per Sq Ft$2 / $2Sq Ft2,366 / 2,120DOM75 / 44New0Total13
Townhouse
Avg/Median Rent$3,700 / $3,700Range$3,700 – $3,700Rent per Sq Ft$3 / $3Sq Ft1,445 / 1,445DOM32 / 32New0Total3

Rentals by Bedroom Count

1 Beds
Avg:$2,261Median:$2,185Range:$1,900 – $2,685PSF:$3 / $3Sq Ft:785 / 784DOM:69 / 38New:1Total:14
2 Beds
Avg:$3,041Median:$3,000Range:$2,150 – $4,450PSF:$3 / $3Sq Ft:1,208 / 1,138DOM:36 / 32New:1Total:16
3 Beds
Avg:$4,204Median:$4,300Range:$2,700 – $5,900PSF:$3 / $3Sq Ft:1,685 / 1,250DOM:56 / 39New:0Total:9
4 Beds
Avg:$4,625Median:$3,950Range:$3,950 – $5,300PSF:$2 / $2Sq Ft:2,612 / 2,612DOM:134 / 112New:0Total:2
5 Beds
Avg:$6,000Median:$5,999Range:$5,999 – $6,000PSF:Sq Ft:DOM:88 / 19New:0Total:2

6-Month Sales Trend

Oct 2025
Median Price:$650,000Median DOM:22New:16Total:57
Nov 2025
Median Price:$649,999Median DOM:25New:13Total:53
Dec 2025
Median Price:$625,000Median DOM:48New:7Total:43
Jan 2026
Median Price:$639,000Median DOM:33New:10Total:40
Feb 2026
Median Price:$639,000Median DOM:45New:5Total:29
Mar 2026
Median Price:$639,000Median DOM:26New:1Total:24

6-Month Rental Trend

Oct 2025
Median Rent:$2,975Median DOM:66New:11Total:46
Nov 2025
Median Rent:$2,950Median DOM:64New:5Total:46
Dec 2025
Median Rent:$2,850Median DOM:72New:7Total:45
Jan 2026
Median Rent:$2,575Median DOM:54New:6Total:43
Feb 2026
Median Rent:$2,975Median DOM:29New:13Total:44
Mar 2026
Median Rent:$2,900Median DOM:37New:2Total:43

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving 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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