ZIP 07086 Housing Market Report

New York Metro

Report period: August 2026

07086 Monthly Market Update – August 2026

ZIP 07086 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$1,099,000
+4.7%
Median DOM (Sales)
44
+12.8%
New Listings (Sales)
8
−66.7%
Median Rent
$3,400
−1.2%
Median DOM (Rental)
32
+14.3%
Total Rental Listings
191
−5.9%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Townhouse (9 DOM)
  • Fastest renting: Townhouse (26 DOM)
  • Strongest bedroom: 6 Beds ($2,500,000 median)

Sales Market Overview

Median Price
$1,099,000
+4.7%
Median DOM
44
+12.8%
New Listings
8
−66.7%
Inventory
95
+4.4%
  • Average Price: $1,286,500
  • Median Price: $1,099,000
  • Price Range: $289,900 – $5,500,000
  • Price per Sq Ft (Avg/Median): $742 / $667
  • Square Footage (Avg/Median): 1,725 / 1,305
  • Square Footage Range: 475 – 14,166
  • Days on Market (Avg/Median): 68 / 44
  • Days on Market Range: 2 – 345
  • New Listings: 8
  • Total Listings: 95

Sales by Property Type

Condo
Avg/Median Price$1,196,071 / $929,000Range$289,900 – $5,250,000Price per Sq Ft$772 / $708Sq Ft1,382 / 1,231DOM58 / 41New5Total58
Land
Avg/Median Price$507,500 / $365,000Range$365,000 – $900,000Price per Sq FtSq FtDOM186 / 38New0Total4
Multi-Family
Avg/Median Price$1,314,817 / $1,249,000Range$839,000 – $2,250,000Price per Sq Ft$438 / $400Sq Ft2,675 / 2,200DOM94 / 64New1Total17
Single Family
Avg/Median Price$1,879,607 / $1,399,000Range$790,000 – $5,500,000Price per Sq Ft$508 / $432Sq Ft5,708 / 2,300DOM53 / 27New2Total14
Townhouse
Avg/Median Price$1,074,500 / $850,000Range$850,000 – $1,299,000Price per Sq Ft$743 / $743Sq Ft1,748 / 1,748DOM12 / 9New0Total2

Sales by Bedroom Count

Studio
Avg:$738,725Median:$315,000Range:$289,900 – $1,350,000PSF:$525 / $387Sq Ft:612 / 475DOM:86 / 72New:0Total:4
1 Beds
Avg:$633,593Median:$579,000Range:$385,000 – $929,000PSF:$683 / $667Sq Ft:950 / 873DOM:86 / 46New:2Total:15
2 Beds
Avg:$1,000,255Median:$985,000Range:$435,000 – $2,199,000PSF:$764 / $703Sq Ft:1,289 / 1,279DOM:37 / 34New:3Total:27
3 Beds
Avg:$1,640,431Median:$1,575,000Range:$679,900 – $3,199,000PSF:$894 / $913Sq Ft:1,938 / 1,588DOM:62 / 56New:0Total:16
4 Beds
Avg:$1,873,846Median:$1,299,000Range:$839,000 – $5,250,000PSF:$817 / $602Sq Ft:3,119 / 2,600DOM:51 / 27New:2Total:13
5 Beds
Avg:$1,399,399Median:$1,249,000Range:$998,000 – $2,250,000PSF:$476 / $476Sq Ft:3,150 / 3,150DOM:80 / 46New:1Total:5
6 Beds
Avg:$2,389,843Median:$2,500,000Range:$879,000 – $5,500,000PSF:$394 / $388Sq Ft:8,183 / 2,200DOM:89 / 49New:0Total:7
7 Beds
Avg:$1,663,000Median:$1,800,000Range:$1,389,000 – $1,800,000PSF:Sq Ft:DOM:135 / 151New:0Total:3
8 Beds
Avg:$1,399,999Median:$1,399,999Range:$1,399,999 – $1,399,999PSF:Sq Ft:DOM:11 / 11New:0Total:1

Rental Market Overview

Median Rent
$3,400
−1.2%
Median DOM
32
+14.3%
New Listings
17
Inventory
191
−5.9%
  • Average Rent: $3,888
  • Median Rent: $3,400
  • Rent Range: $1,475 – $9,500
  • Rent per Sq Ft (Avg/Median): $4 / $5
  • Square Footage (Avg/Median): 967 / 900
  • Square Footage Range: 312 – 3,000
  • Days on Market (Avg/Median): 41 / 32
  • Days on Market Range: 1 – 284
  • New Listings: 17
  • Total Listings: 191

Rentals by Property Type

Apartment
$3,632
Median DOM: 32
Inventory: 101
MoM: −1.2%
Condo
$4,000
Median DOM: 29
Inventory: 26
MoM: −1.2%
Single Family
$5,750
Median DOM: 30
Inventory: 5
MoM: −1.2%
Townhouse
$3,000
Median DOM: 26
Inventory: 3
MoM: −1.2%
Apartment
Avg/Median Rent$3,881 / $3,632Range$1,475 – $8,250Rent per Sq Ft$5 / $5Sq Ft840 / 750DOM48 / 32New10Total101
Condo
Avg/Median Rent$4,761 / $4,000Range$1,500 – $9,500Rent per Sq Ft$4 / $4Sq Ft1,186 / 1,064DOM32 / 29New3Total26
Multi-Family
Avg/Median Rent$3,469 / $3,000Range$1,650 – $8,500Rent per Sq Ft$3 / $3Sq Ft1,095 / 1,000DOM39 / 33New3Total56
Single Family
Avg/Median Rent$4,590 / $5,750Range$2,300 – $6,500Rent per Sq Ft$4 / $2Sq Ft1,110 / 989DOM24 / 30New1Total5
Townhouse
Avg/Median Rent$3,250 / $3,000Range$2,450 – $4,300Rent per Sq Ft$3 / $3Sq Ft1,312 / 904DOM27 / 26New0Total3

Rentals by Bedroom Count

Studio
Avg:$2,979Median:$3,040Range:$1,700 – $3,671PSF:$6 / $6Sq Ft:552 / 536DOM:33 / 1New:1Total:18
1 Beds
Avg:$3,265Median:$3,350Range:$1,475 – $6,995PSF:$5 / $5Sq Ft:743 / 748DOM:48 / 33New:7Total:72
2 Beds
Avg:$4,373Median:$3,800Range:$2,000 – $9,500PSF:$4 / $4Sq Ft:1,135 / 1,092DOM:43 / 33New:4Total:70
3 Beds
Avg:$4,486Median:$3,400Range:$1,500 – $8,700PSF:$3 / $3Sq Ft:1,405 / 1,300DOM:24 / 21New:5Total:27
4 Beds
Avg:$6,685Median:$5,995Range:$5,750 – $8,000PSF:$3 / $3Sq Ft:2,500 / 2,500DOM:32 / 30New:0Total:4

6-Month Sales Trend

Mar 2026
Median Price:$948,000Median DOM:42New:20Total:79
Apr 2026
Median Price:$975,000Median DOM:49New:21Total:83
May 2026
Median Price:$985,000Median DOM:41New:24Total:93
Jun 2026
Median Price:$1,050,000Median DOM:41New:24Total:93
Jul 2026
Median Price:$1,050,000Median DOM:39New:24Total:91
Aug 2026
Median Price:$1,099,000Median DOM:44New:8Total:95

6-Month Rental Trend

Mar 2026
Median Rent:$3,500Median DOM:23New:64Total:183
Apr 2026
Median Rent:$3,516Median DOM:20New:65Total:199
May 2026
Median Rent:$3,524Median DOM:22New:64Total:189
Jun 2026
Median Rent:$3,368Median DOM:22New:72Total:202
Jul 2026
Median Rent:$3,442Median DOM:28New:56Total:203
Aug 2026
Median Rent:$3,400Median DOM:32New:17Total:191

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower 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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