ZIP 07086 Housing Market Report

New York Metro

Report period: May 2026

07086 Monthly Market Update – May 2026

ZIP 07086 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$999,000
+2.5%
Median DOM (Sales)
48
−2.0%
New Listings (Sales)
5
−76.2%
Median Rent
$3,500
−0.5%
Median DOM (Rental)
21
+5.0%
Total Rental Listings
194
−2.5%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (22 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 8 Beds ($2,799,000 median)

Sales Market Overview

Median Price
$999,000
+2.5%
Median DOM
48
−2.0%
New Listings
5
−76.2%
Inventory
90
+8.4%
  • Average Price: $1,374,404
  • Median Price: $999,000
  • Price Range: $249,000 – $5,750,000
  • Price per Sq Ft (Avg/Median): $706 / $656
  • Square Footage (Avg/Median): 2,154 / 1,350
  • Square Footage Range: 475 – 19,998
  • Days on Market (Avg/Median): 71 / 48
  • Days on Market Range: 2 – 286
  • New Listings: 5
  • Total Listings: 90

Sales by Property Type

Condo
Avg/Median Price$1,190,686 / $825,000Range$249,000 – $5,750,000Price per Sq Ft$733 / $705Sq Ft1,405 / 1,264DOM66 / 48New2Total52
Land
Avg/Median Price$616,000 / $550,000Range$365,000 – $900,000Price per Sq FtSq FtDOM210 / 198New0Total5
Multi-Family
Avg/Median Price$1,465,438 / $1,399,900Range$839,000 – $2,899,999Price per Sq Ft$322 / $44Sq Ft11,332 / 2,667DOM66 / 42New1Total18
Single Family
Avg/Median Price$2,328,788 / $1,598,888Range$1,150,000 – $5,500,000Price per Sq Ft$631 / $652Sq Ft5,338 / 3,821DOM57 / 39New2Total10
Townhouse
Avg/Median Price$1,806,980 / $2,495,000Range$574,900 – $2,695,000Price per Sq Ft$644 / $636Sq Ft2,968 / 4,000DOM39 / 22New0Total5

Sales by Bedroom Count

Studio
Avg:$895,000Median:$999,999Range:$335,000 – $1,350,000PSF:$705 / $705Sq Ft:475 / 475DOM:113 / 41New:0Total:3
1 Beds
Avg:$581,618Median:$525,000Range:$249,000 – $999,000PSF:$621 / $545Sq Ft:937 / 874DOM:81 / 65New:0Total:11
2 Beds
Avg:$835,148Median:$775,000Range:$375,000 – $1,649,000PSF:$658 / $632Sq Ft:1,251 / 1,231DOM:47 / 35New:1Total:27
3 Beds
Avg:$1,675,519Median:$1,638,000Range:$574,900 – $3,388,888PSF:$860 / $828Sq Ft:1,806 / 1,638DOM:55 / 45New:3Total:15
4 Beds
Avg:$2,477,700Median:$1,800,000Range:$839,000 – $5,750,000PSF:$921 / $674Sq Ft:4,033 / 4,000DOM:86 / 47New:0Total:10
5 Beds
Avg:$1,276,577Median:$1,399,999Range:$925,000 – $1,598,888PSF:$715 / $715Sq Ft:2,236 / 2,236DOM:69 / 42New:0Total:5
6 Beds
Avg:$2,191,648Median:$1,550,000Range:$1,399,900 – $5,500,000PSF:$494 / $388Sq Ft:8,416 / 2,667DOM:52 / 27New:1Total:6
7 Beds
Avg:$2,307,166Median:$1,949,000Range:$875,999 – $3,695,000PSF:$505 / $44Sq Ft:11,910 / 3,821DOM:57 / 39New:0Total:6
8 Beds
Avg:$2,849,500Median:$2,799,000Range:$2,799,000 – $2,899,999PSF:Sq Ft:DOM:100 / 84New:0Total:2

Rental Market Overview

Median Rent
$3,500
−0.5%
Median DOM
21
+5.0%
New Listings
33
Inventory
194
−2.5%
  • Average Rent: $3,880
  • Median Rent: $3,500
  • Rent Range: $1,443 – $10,000
  • Rent per Sq Ft (Avg/Median): $5 / $5
  • Square Footage (Avg/Median): 953 / 800
  • Square Footage Range: 312 – 3,030
  • Days on Market (Avg/Median): 36 / 21
  • Days on Market Range: 1 – 251
  • New Listings: 33
  • Total Listings: 194

Rentals by Property Type

Apartment
$3,657
Median DOM: 21
Inventory: 108
MoM: −0.5%
Condo
$3,200
Median DOM: 26
Inventory: 13
MoM: −0.5%
Single Family
$2,850
Median DOM: 1
Inventory: 4
MoM: −0.5%
Townhouse
$3,950
Median DOM: 24
Inventory: 7
MoM: −0.5%
Apartment
Avg/Median Rent$3,755 / $3,657Range$1,443 – $8,367Rent per Sq Ft$5 / $5Sq Ft789 / 750DOM44 / 21New16Total108
Condo
Avg/Median Rent$4,014 / $3,200Range$1,600 – $9,500Rent per Sq Ft$4 / $4Sq Ft1,203 / 1,064DOM28 / 26New2Total13
Multi-Family
Avg/Median Rent$3,783 / $3,100Range$1,600 – $10,000Rent per Sq Ft$4 / $3Sq Ft1,150 / 1,046DOM30 / 21New11Total62
Single Family
Avg/Median Rent$4,875 / $2,850Range$2,650 – $7,500Rent per Sq Ft$4 / $3Sq Ft1,508 / 1,231DOM8 / 1New2Total4
Townhouse
Avg/Median Rent$5,857 / $3,950Range$2,425 – $10,000Rent per Sq Ft$4 / $4Sq Ft1,958 / 1,541DOM25 / 24New2Total7

Rentals by Bedroom Count

Studio
Avg:$2,934Median:$2,924Range:$1,600 – $4,085PSF:$6 / $5Sq Ft:556 / 525DOM:22 / 1New:1Total:16
1 Beds
Avg:$3,222Median:$3,431Range:$1,443 – $7,395PSF:$5 / $5Sq Ft:718 / 748DOM:35 / 17New:18Total:87
2 Beds
Avg:$4,221Median:$3,650Range:$2,000 – $9,500PSF:$4 / $4Sq Ft:1,150 / 1,092DOM:43 / 23New:11Total:65
3 Beds
Avg:$5,425Median:$3,735Range:$2,850 – $10,000PSF:$4 / $4Sq Ft:1,675 / 1,400DOM:25 / 19New:3Total:18
4 Beds
Avg:$6,571Median:$6,550Range:$3,300 – $10,000PSF:$3 / $3Sq Ft:2,100 / 2,000DOM:31 / 25New:0Total:7
5 Beds
Avg:$7,500Median:$7,500Range:$7,500 – $7,500PSF:$3 / $3Sq Ft:2,239 / 2,239DOM:2 / 2New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$950,000Median DOM:69New:8Total:80
Jan 2026
Median Price:$999,000Median DOM:69New:19Total:79
Feb 2026
Median Price:$988,000Median DOM:54New:18Total:72
Mar 2026
Median Price:$948,000Median DOM:42New:20Total:79
Apr 2026
Median Price:$975,000Median DOM:49New:21Total:83
May 2026
Median Price:$999,000Median DOM:48New:5Total:90

6-Month Rental Trend

Dec 2025
Median Rent:$3,500Median DOM:35New:44Total:164
Jan 2026
Median Rent:$3,500Median DOM:30New:53Total:170
Feb 2026
Median Rent:$3,500Median DOM:24New:56Total:179
Mar 2026
Median Rent:$3,500Median DOM:23New:64Total:183
Apr 2026
Median Rent:$3,516Median DOM:20New:65Total:199
May 2026
Median Rent:$3,500Median DOM:21New:33Total:194

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. 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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