ZIP 07081 Housing Market Report
New York Metro
Report period: August 2026
07081 Monthly Market Update – August 2026
ZIP 07081 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$699,999
+0.1%
Median DOM (Sales)
23
+4.5%
New Listings (Sales)
7
−63.2%
Median Rent
$2,575
+3.2%
Median DOM (Rental)
22
0.0%
Total Rental Listings
44
+10.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (23 DOM)
- Fastest renting: Townhouse (11 DOM)
- Strongest bedroom: 7 Beds ($1,399,000 median)
Sales Market Overview
Median Price
$699,999
+0.1%
Median DOM
23
+4.5%
New Listings
7
−63.2%
Inventory
64
+3.2%
- Average Price: $765,378
- Median Price: $699,999
- Price Range: $295,000 – $1,650,000
- Price per Sq Ft (Avg/Median): $341 / $351
- Square Footage (Avg/Median): 2,445 / 2,174
- Square Footage Range: 840 – 6,200
- Days on Market (Avg/Median): 36 / 23
- Days on Market Range: 2 – 276
- New Listings: 7
- Total Listings: 64
Sales by Property Type
Condo
Avg/Median Price$409,758 / $300,000Range$295,000 – $750,000Price per Sq Ft$399 / $383Sq Ft1,333 / 840DOM26 / 27New1Total10
Single Family
Avg/Median Price$846,443 / $795,000Range$449,900 – $1,650,000Price per Sq Ft$330 / $324Sq Ft2,694 / 2,200DOM38 / 23New5Total51
Townhouse
Avg/Median Price$572,666 / $599,999Range$469,000 – $649,000Price per Sq Ft$354 / $354Sq Ft1,693 / 1,693DOM19 / 23New1Total3
Sales by Bedroom Count
1 Beds
Avg:$298,735Median:$299,777Range:$295,000 – $300,000PSF:—Sq Ft:—DOM:25 / 27New:0Total:5
2 Beds
Avg:$444,600Median:$420,000Range:$349,000 – $599,999PSF:$385 / $354Sq Ft:1,266 / 840DOM:25 / 23New:1Total:5
3 Beds
Avg:$677,804Median:$649,000Range:$449,900 – $929,000PSF:$321 / $305Sq Ft:2,221 / 1,826DOM:35 / 20New:3Total:22
4 Beds
Avg:$814,991Median:$799,000Range:$479,000 – $1,199,000PSF:$354 / $351Sq Ft:2,383 / 2,174DOM:39 / 23New:2Total:23
5 Beds
Avg:$1,260,667Median:$1,199,000Range:$999,000 – $1,550,000PSF:—Sq Ft:—DOM:34 / 18New:1Total:6
6 Beds
Avg:$1,324,000Median:$998,000Range:$998,000 – $1,650,000PSF:—Sq Ft:—DOM:61 / 31New:0Total:2
7 Beds
Avg:$1,399,000Median:$1,399,000Range:$1,399,000 – $1,399,000PSF:$226 / $226Sq Ft:6,200 / 6,200DOM:32 / 32New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $298,735 | $299,777 | $295,000 – $300,000 | — | — | 25 / 27 | 0 | 5 |
| 2 Beds | $444,600 | $420,000 | $349,000 – $599,999 | $385 / $354 | 1,266 / 840 | 25 / 23 | 1 | 5 |
| 3 Beds | $677,804 | $649,000 | $449,900 – $929,000 | $321 / $305 | 2,221 / 1,826 | 35 / 20 | 3 | 22 |
| 4 Beds | $814,991 | $799,000 | $479,000 – $1,199,000 | $354 / $351 | 2,383 / 2,174 | 39 / 23 | 2 | 23 |
| 5 Beds | $1,260,667 | $1,199,000 | $999,000 – $1,550,000 | — | — | 34 / 18 | 1 | 6 |
| 6 Beds | $1,324,000 | $998,000 | $998,000 – $1,650,000 | — | — | 61 / 31 | 0 | 2 |
| 7 Beds | $1,399,000 | $1,399,000 | $1,399,000 – $1,399,000 | $226 / $226 | 6,200 / 6,200 | 32 / 32 | 0 | 1 |
Rental Market Overview
Median Rent
$2,575
+3.2%
Median DOM
22
0.0%
New Listings
2
Inventory
44
+10.0%
- Average Rent: $2,984
- Median Rent: $2,575
- Rent Range: $1,495 – $5,500
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,015 / 810
- Square Footage Range: 554 – 2,897
- Days on Market (Avg/Median): 35 / 22
- Days on Market Range: 1 – 190
- New Listings: 2
- Total Listings: 44
Rentals by Property Type
Apartment
$2,590
Median DOM: 48
Inventory: 15
MoM: +3.2%
Condo
$2,440
Median DOM: 22
Inventory: 14
MoM: +3.2%
Single Family
$3,800
Median DOM: 16
Inventory: 7
MoM: +3.2%
Townhouse
$4,500
Median DOM: 11
Inventory: 2
MoM: +3.2%
Apartment
Avg/Median Rent$2,707 / $2,590Range$1,950 – $4,700Rent per Sq Ft$3 / $3Sq Ft909 / 840DOM84 / 48New0Total15
Condo
Avg/Median Rent$2,791 / $2,440Range$1,495 – $5,000Rent per Sq Ft$3 / $3Sq Ft906 / 738DOM27 / 22New1Total14
Multi-Family
Avg/Median Rent$2,371 / $2,375Range$2,000 – $2,600Rent per Sq Ft—Sq Ft—DOM46 / 22New0Total6
Single Family
Avg/Median Rent$3,986 / $3,800Range$2,300 – $5,500Rent per Sq Ft$3 / $3Sq Ft1,693 / 1,445DOM17 / 16New1Total7
Townhouse
Avg/Median Rent$4,738 / $4,500Range$4,500 – $4,975Rent per Sq Ft—Sq Ft—DOM25 / 11New0Total2
Rentals by Bedroom Count
1 Beds
Avg:$2,234Median:$2,250Range:$1,495 – $2,685PSF:$3 / $3Sq Ft:756 / 738DOM:25 / 22New:1Total:18
2 Beds
Avg:$2,909Median:$2,600Range:$2,375 – $4,700PSF:$3 / $3Sq Ft:1,266 / 1,209DOM:54 / 48New:0Total:16
3 Beds
Avg:$4,175Median:$3,800Range:$3,400 – $5,000PSF:—Sq Ft:—DOM:20 / 17New:0Total:6
4 Beds
Avg:$5,058Median:$4,975Range:$4,700 – $5,500PSF:$2 / $2Sq Ft:2,897 / 2,897DOM:22 / 18New:1Total:3
5 Beds
Avg:$4,300Median:$4,300Range:$4,300 – $4,300PSF:—Sq Ft:—DOM:16 / 16New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $2,234 | $2,250 | $1,495 – $2,685 | $3 / $3 | 756 / 738 | 25 / 22 | 1 | 18 |
| 2 Beds | $2,909 | $2,600 | $2,375 – $4,700 | $3 / $3 | 1,266 / 1,209 | 54 / 48 | 0 | 16 |
| 3 Beds | $4,175 | $3,800 | $3,400 – $5,000 | — | — | 20 / 17 | 0 | 6 |
| 4 Beds | $5,058 | $4,975 | $4,700 – $5,500 | $2 / $2 | 2,897 / 2,897 | 22 / 18 | 1 | 3 |
| 5 Beds | $4,300 | $4,300 | $4,300 – $4,300 | — | — | 16 / 16 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$645,000Median DOM:14New:15Total:32
Apr 2026
Median Price:$650,000Median DOM:20New:24Total:48
May 2026
Median Price:$695,900Median DOM:16New:19Total:60
Jun 2026
Median Price:$700,000Median DOM:19New:24Total:62
Jul 2026
Median Price:$699,000Median DOM:22New:19Total:62
Aug 2026
Median Price:$699,999Median DOM:23New:7Total:64
6-Month Rental Trend
Mar 2026
Median Rent:$2,690Median DOM:51New:3Total:36
Apr 2026
Median Rent:$2,695Median DOM:21New:15Total:44
May 2026
Median Rent:$2,695Median DOM:21New:9Total:46
Jun 2026
Median Rent:$2,500Median DOM:30New:7Total:39
Jul 2026
Median Rent:$2,495Median DOM:22New:11Total:40
Aug 2026
Median Rent:$2,575Median DOM:22New:2Total:44
Key Market Takeaways
Median sale prices moved higher 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.
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