ZIP 07087 Housing Market Report
New York Metro
Report period: August 2026
07087 Monthly Market Update – August 2026
ZIP 07087 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$515,000
−1.9%
Median DOM (Sales)
48
0.0%
New Listings (Sales)
11
−81.7%
Median Rent
$2,550
−1.9%
Median DOM (Rental)
32
+6.7%
Total Rental Listings
276
−2.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (25 DOM)
- Fastest renting: Townhouse (6 DOM)
- Strongest bedroom: 7 Beds ($999,998 median)
Sales Market Overview
Median Price
$515,000
−1.9%
Median DOM
48
0.0%
New Listings
11
−81.7%
Inventory
210
−1.4%
- Average Price: $578,312
- Median Price: $515,000
- Price Range: $192,600 – $1,750,000
- Price per Sq Ft (Avg/Median): $466 / $460
- Square Footage (Avg/Median): 1,050 / 940
- Square Footage Range: 369 – 4,290
- Days on Market (Avg/Median): 72 / 48
- Days on Market Range: 2 – 338
- New Listings: 11
- Total Listings: 210
Sales by Property Type
Condo
Avg/Median Price$456,539 / $387,500Range$192,600 – $1,499,000Price per Sq Ft$465 / $461Sq Ft998 / 940DOM72 / 48New5Total142
Land
Avg/Median Price$414,250 / $379,000Range$299,000 – $490,000Price per Sq Ft—Sq Ft—DOM129 / 50New1Total4
Multi-Family
Avg/Median Price$908,877 / $849,000Range$539,900 – $1,750,000Price per Sq Ft$528 / $385Sq Ft2,414 / 2,526DOM68 / 41New3Total53
Single Family
Avg/Median Price$631,050 / $484,000Range$325,000 – $999,998Price per Sq Ft$370 / $370Sq Ft878 / 878DOM47 / 25New2Total10
Townhouse
Avg/Median Price$479,000 / $479,000Range$479,000 – $479,000Price per Sq Ft—Sq Ft—DOM210 / 210New0Total1
Sales by Bedroom Count
Studio
Avg:$902,500Median:$205,000Range:$205,000 – $1,600,000PSF:$556 / $556Sq Ft:369 / 369DOM:94 / 33New:0Total:2
1 Beds
Avg:$297,364Median:$295,000Range:$192,600 – $549,995PSF:$421 / $420Sq Ft:714 / 715DOM:79 / 59New:2Total:51
2 Beds
Avg:$491,154Median:$479,000Range:$225,000 – $899,000PSF:$484 / $475Sq Ft:1,014 / 1,030DOM:68 / 43New:1Total:75
3 Beds
Avg:$684,718Median:$659,000Range:$345,000 – $1,038,000PSF:$494 / $506Sq Ft:1,371 / 1,333DOM:68 / 56New:3Total:26
4 Beds
Avg:$912,000Median:$799,000Range:$484,000 – $1,750,000PSF:$403 / $385Sq Ft:3,089 / 2,778DOM:74 / 53New:2Total:19
5 Beds
Avg:$857,222Median:$800,000Range:$725,000 – $1,199,000PSF:—Sq Ft:—DOM:54 / 17New:1Total:9
6 Beds
Avg:$885,444Median:$884,000Range:$600,000 – $1,200,000PSF:$1,091 / $1,091Sq Ft:1,100 / 1,100DOM:68 / 33New:1Total:9
7 Beds
Avg:$993,983Median:$999,998Range:$805,000 – $1,198,888PSF:$378 / $378Sq Ft:2,526 / 2,526DOM:64 / 41New:0Total:7
8 Beds
Avg:$1,026,112Median:$975,000Range:$649,999 – $1,499,000PSF:—Sq Ft:—DOM:59 / 30New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $902,500 | $205,000 | $205,000 – $1,600,000 | $556 / $556 | 369 / 369 | 94 / 33 | 0 | 2 |
| 1 Beds | $297,364 | $295,000 | $192,600 – $549,995 | $421 / $420 | 714 / 715 | 79 / 59 | 2 | 51 |
| 2 Beds | $491,154 | $479,000 | $225,000 – $899,000 | $484 / $475 | 1,014 / 1,030 | 68 / 43 | 1 | 75 |
| 3 Beds | $684,718 | $659,000 | $345,000 – $1,038,000 | $494 / $506 | 1,371 / 1,333 | 68 / 56 | 3 | 26 |
| 4 Beds | $912,000 | $799,000 | $484,000 – $1,750,000 | $403 / $385 | 3,089 / 2,778 | 74 / 53 | 2 | 19 |
| 5 Beds | $857,222 | $800,000 | $725,000 – $1,199,000 | — | — | 54 / 17 | 1 | 9 |
| 6 Beds | $885,444 | $884,000 | $600,000 – $1,200,000 | $1,091 / $1,091 | 1,100 / 1,100 | 68 / 33 | 1 | 9 |
| 7 Beds | $993,983 | $999,998 | $805,000 – $1,198,888 | $378 / $378 | 2,526 / 2,526 | 64 / 41 | 0 | 7 |
| 8 Beds | $1,026,112 | $975,000 | $649,999 – $1,499,000 | — | — | 59 / 30 | 0 | 8 |
Rental Market Overview
Median Rent
$2,550
−1.9%
Median DOM
32
+6.7%
New Listings
31
Inventory
276
−2.1%
- Average Rent: $2,598
- Median Rent: $2,550
- Rent Range: $1,250 – $5,800
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 941 / 900
- Square Footage Range: 300 – 2,400
- Days on Market (Avg/Median): 50 / 32
- Days on Market Range: 1 – 334
- New Listings: 31
- Total Listings: 276
Rentals by Property Type
Apartment
$2,500
Median DOM: 34
Inventory: 110
MoM: −1.9%
Condo
$2,400
Median DOM: 18
Inventory: 36
MoM: −1.9%
Single Family
$2,400
Median DOM: 25
Inventory: 8
MoM: −1.9%
Townhouse
$2,550
Median DOM: 6
Inventory: 4
MoM: −1.9%
Apartment
Avg/Median Rent$2,564 / $2,500Range$1,250 – $5,800Rent per Sq Ft$3 / $3Sq Ft946 / 850DOM62 / 34New12Total110
Condo
Avg/Median Rent$2,493 / $2,400Range$1,280 – $3,500Rent per Sq Ft$3 / $3Sq Ft856 / 803DOM38 / 18New5Total36
Multi-Family
Avg/Median Rent$2,657 / $2,650Range$1,399 – $4,100Rent per Sq Ft$3 / $3Sq Ft979 / 947DOM41 / 34New11Total118
Single Family
Avg/Median Rent$2,656 / $2,400Range$2,000 – $4,150Rent per Sq Ft$3 / $3Sq Ft700 / 700DOM53 / 25New1Total8
Townhouse
Avg/Median Rent$2,650 / $2,550Range$2,000 – $3,350Rent per Sq Ft$4 / $3Sq Ft668 / 467DOM98 / 6New2Total4
Rentals by Bedroom Count
Studio
Avg:$1,922Median:$2,000Range:$1,500 – $2,400PSF:$4 / $4Sq Ft:514 / 467DOM:50 / 50New:1Total:8
1 Beds
Avg:$2,088Median:$2,000Range:$1,250 – $3,200PSF:$3 / $3Sq Ft:705 / 750DOM:50 / 31New:12Total:87
2 Beds
Avg:$2,769Median:$2,700Range:$1,595 – $4,000PSF:$3 / $3Sq Ft:994 / 965DOM:46 / 30New:14Total:134
3 Beds
Avg:$3,116Median:$3,000Range:$2,016 – $5,800PSF:$3 / $3Sq Ft:1,417 / 1,200DOM:62 / 36New:4Total:41
4 Beds
Avg:$3,539Median:$3,300Range:$3,000 – $4,995PSF:$3 / $3Sq Ft:1,371 / 1,100DOM:44 / 49New:0Total:5
5 Beds
Avg:$3,600Median:$3,600Range:$3,600 – $3,600PSF:—Sq Ft:—DOM:95 / 95New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,922 | $2,000 | $1,500 – $2,400 | $4 / $4 | 514 / 467 | 50 / 50 | 1 | 8 |
| 1 Beds | $2,088 | $2,000 | $1,250 – $3,200 | $3 / $3 | 705 / 750 | 50 / 31 | 12 | 87 |
| 2 Beds | $2,769 | $2,700 | $1,595 – $4,000 | $3 / $3 | 994 / 965 | 46 / 30 | 14 | 134 |
| 3 Beds | $3,116 | $3,000 | $2,016 – $5,800 | $3 / $3 | 1,417 / 1,200 | 62 / 36 | 4 | 41 |
| 4 Beds | $3,539 | $3,300 | $3,000 – $4,995 | $3 / $3 | 1,371 / 1,100 | 44 / 49 | 0 | 5 |
| 5 Beds | $3,600 | $3,600 | $3,600 – $3,600 | — | — | 95 / 95 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$550,000Median DOM:50New:41Total:159
Apr 2026
Median Price:$534,900Median DOM:35New:60Total:189
May 2026
Median Price:$535,000Median DOM:42New:42Total:199
Jun 2026
Median Price:$535,000Median DOM:55New:44Total:196
Jul 2026
Median Price:$525,000Median DOM:48New:60Total:213
Aug 2026
Median Price:$515,000Median DOM:48New:11Total:210
6-Month Rental Trend
Mar 2026
Median Rent:$2,700Median DOM:34New:87Total:303
Apr 2026
Median Rent:$2,600Median DOM:32New:91Total:311
May 2026
Median Rent:$2,595Median DOM:32New:70Total:288
Jun 2026
Median Rent:$2,650Median DOM:34New:78Total:269
Jul 2026
Median Rent:$2,600Median DOM:30New:89Total:282
Aug 2026
Median Rent:$2,550Median DOM:32New:31Total:276
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady 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.
070010700207003070040700507006070080700907010070110701207013070140701607017070180702007021070220702307024070260702807029070300703107032070330703407035+107 more
← Back to New York Metro