ZIP 07087 Housing Market Report
New York Metro
Report period: July 2026
07087 Monthly Market Update – July 2026
ZIP 07087 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$534,900
−0.0%
Median DOM (Sales)
52
−5.5%
New Listings (Sales)
26
−40.9%
Median Rent
$2,600
−1.9%
Median DOM (Rental)
30
−11.8%
Total Rental Listings
278
+3.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (20 DOM)
- Fastest renting: Condo (21 DOM)
- Strongest bedroom: 7 Beds ($990,000 median)
Sales Market Overview
Median Price
$534,900
−0.0%
Median DOM
52
−5.5%
New Listings
26
−40.9%
Inventory
208
+6.1%
- Average Price: $574,019
- Median Price: $534,900
- Price Range: $162,000 – $1,750,000
- Price per Sq Ft (Avg/Median): $466 / $459
- Square Footage (Avg/Median): 1,024 / 940
- Square Footage Range: 369 – 4,220
- Days on Market (Avg/Median): 66 / 52
- Days on Market Range: 2 – 338
- New Listings: 26
- Total Listings: 208
Sales by Property Type
Condo
Avg/Median Price$450,393 / $395,000Range$162,000 – $1,499,000Price per Sq Ft$464 / $460Sq Ft984 / 930DOM68 / 56New15Total138
Land
Avg/Median Price$519,500 / $489,000Range$489,000 – $550,000Price per Sq Ft—Sq Ft—DOM175 / 20New0Total2
Multi-Family
Avg/Median Price$901,799 / $849,000Range$539,900 – $1,750,000Price per Sq Ft$526 / $385Sq Ft2,057 / 2,501DOM58 / 39New9Total53
Single Family
Avg/Median Price$566,321 / $575,000Range$325,000 – $799,000Price per Sq Ft$370 / $370Sq Ft878 / 878DOM46 / 46New2Total14
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:$205,000Median:$205,000Range:$205,000 – $205,000PSF:$556 / $556Sq Ft:369 / 369DOM:3 / 3New:1Total:1
1 Beds
Avg:$304,194Median:$295,000Range:$162,000 – $549,995PSF:$430 / $436Sq Ft:714 / 715DOM:75 / 66New:4Total:52
2 Beds
Avg:$486,792Median:$479,000Range:$225,000 – $859,000PSF:$480 / $472Sq Ft:1,015 / 1,029DOM:65 / 56New:7Total:74
3 Beds
Avg:$661,845Median:$649,000Range:$345,000 – $998,888PSF:$492 / $518Sq Ft:1,341 / 1,350DOM:66 / 53New:4Total:28
4 Beds
Avg:$898,222Median:$799,000Range:$600,000 – $1,750,000PSF:$416 / $385Sq Ft:2,788 / 2,600DOM:61 / 23New:3Total:18
5 Beds
Avg:$858,000Median:$799,000Range:$675,000 – $1,199,000PSF:—Sq Ft:—DOM:45 / 23New:0Total:8
6 Beds
Avg:$947,545Median:$875,000Range:$600,000 – $1,450,000PSF:$715 / $339Sq Ft:1,800 / 1,100DOM:58 / 24New:3Total:11
7 Beds
Avg:$1,048,378Median:$990,000Range:$799,000 – $1,299,000PSF:$378 / $378Sq Ft:2,526 / 2,526DOM:62 / 18New:1Total:5
8 Beds
Avg:$1,009,200Median:$975,000Range:$649,999 – $1,499,000PSF:—Sq Ft:—DOM:44 / 43New:3Total:9
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $205,000 | $205,000 | $205,000 – $205,000 | $556 / $556 | 369 / 369 | 3 / 3 | 1 | 1 |
| 1 Beds | $304,194 | $295,000 | $162,000 – $549,995 | $430 / $436 | 714 / 715 | 75 / 66 | 4 | 52 |
| 2 Beds | $486,792 | $479,000 | $225,000 – $859,000 | $480 / $472 | 1,015 / 1,029 | 65 / 56 | 7 | 74 |
| 3 Beds | $661,845 | $649,000 | $345,000 – $998,888 | $492 / $518 | 1,341 / 1,350 | 66 / 53 | 4 | 28 |
| 4 Beds | $898,222 | $799,000 | $600,000 – $1,750,000 | $416 / $385 | 2,788 / 2,600 | 61 / 23 | 3 | 18 |
| 5 Beds | $858,000 | $799,000 | $675,000 – $1,199,000 | — | — | 45 / 23 | 0 | 8 |
| 6 Beds | $947,545 | $875,000 | $600,000 – $1,450,000 | $715 / $339 | 1,800 / 1,100 | 58 / 24 | 3 | 11 |
| 7 Beds | $1,048,378 | $990,000 | $799,000 – $1,299,000 | $378 / $378 | 2,526 / 2,526 | 62 / 18 | 1 | 5 |
| 8 Beds | $1,009,200 | $975,000 | $649,999 – $1,499,000 | — | — | 44 / 43 | 3 | 9 |
Rental Market Overview
Median Rent
$2,600
−1.9%
Median DOM
30
−11.8%
New Listings
38
Inventory
278
+3.3%
- Average Rent: $2,670
- Median Rent: $2,600
- Rent Range: $1,250 – $5,800
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 948 / 920
- Square Footage Range: 360 – 2,000
- Days on Market (Avg/Median): 50 / 30
- Days on Market Range: 1 – 324
- New Listings: 38
- Total Listings: 278
Rentals by Property Type
Apartment
$2,500
Median DOM: 40
Inventory: 114
MoM: −1.9%
Condo
$2,400
Median DOM: 21
Inventory: 31
MoM: −1.9%
Single Family
$2,800
Median DOM: 27
Inventory: 10
MoM: −1.9%
Townhouse
$2,550
Median DOM: 39
Inventory: 3
MoM: −1.9%
Apartment
Avg/Median Rent$2,673 / $2,500Range$1,250 – $5,800Rent per Sq Ft$3 / $3Sq Ft954 / 920DOM65 / 40New16Total114
Condo
Avg/Median Rent$2,513 / $2,400Range$1,725 – $3,500Rent per Sq Ft$3 / $3Sq Ft823 / 800DOM40 / 21New4Total31
Multi-Family
Avg/Median Rent$2,681 / $2,750Range$1,400 – $3,890Rent per Sq Ft$3 / $3Sq Ft991 / 965DOM38 / 25New18Total120
Single Family
Avg/Median Rent$3,020 / $2,800Range$2,250 – $4,500Rent per Sq Ft$3 / $3Sq Ft750 / 750DOM50 / 27New0Total10
Townhouse
Avg/Median Rent$2,633 / $2,550Range$2,000 – $3,350Rent per Sq Ft$4 / $4Sq Ft467 / 467DOM123 / 39New0Total3
Rentals by Bedroom Count
Studio
Avg:$1,955Median:$2,000Range:$1,500 – $2,400PSF:$4 / $4Sq Ft:514 / 467DOM:40 / 38New:1Total:8
1 Beds
Avg:$2,149Median:$2,150Range:$1,250 – $3,200PSF:$3 / $3Sq Ft:724 / 750DOM:50 / 31New:16Total:81
2 Beds
Avg:$2,831Median:$2,800Range:$1,595 – $4,000PSF:$3 / $3Sq Ft:1,007 / 1,018DOM:46 / 30New:15Total:133
3 Beds
Avg:$3,089Median:$2,950Range:$1,900 – $5,800PSF:$3 / $3Sq Ft:1,265 / 1,200DOM:58 / 26New:6Total:48
4 Beds
Avg:$3,456Median:$3,300Range:$2,600 – $4,995PSF:$3 / $3Sq Ft:1,474 / 1,284DOM:73 / 46New:0Total:7
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 | $1,955 | $2,000 | $1,500 – $2,400 | $4 / $4 | 514 / 467 | 40 / 38 | 1 | 8 |
| 1 Beds | $2,149 | $2,150 | $1,250 – $3,200 | $3 / $3 | 724 / 750 | 50 / 31 | 16 | 81 |
| 2 Beds | $2,831 | $2,800 | $1,595 – $4,000 | $3 / $3 | 1,007 / 1,018 | 46 / 30 | 15 | 133 |
| 3 Beds | $3,089 | $2,950 | $1,900 – $5,800 | $3 / $3 | 1,265 / 1,200 | 58 / 26 | 6 | 48 |
| 4 Beds | $3,456 | $3,300 | $2,600 – $4,995 | $3 / $3 | 1,474 / 1,284 | 73 / 46 | 0 | 7 |
| 5 Beds | $3,600 | $3,600 | $3,600 – $3,600 | — | — | 95 / 95 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$545,000Median DOM:52New:31Total:150
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:$534,900Median DOM:52New:26Total:208
6-Month Rental Trend
Feb 2026
Median Rent:$2,600Median DOM:36New:74Total:273
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:38Total:278
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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