ZIP 07088 Housing Market Report

New York Metro

Report period: March 2026

07088 Monthly Market Update – March 2026

ZIP 07088 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$435,000
+2.4%
Median DOM (Sales)
16
−62.8%
New Listings (Sales)
2
−50.0%
Median Rent
$2,650
0.0%
Median DOM (Rental)
35
−14.6%
Total Rental Listings
18
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable.

What's Moving Fastest

  • Fastest selling: Multi-Family (6 DOM)
  • Fastest renting: Condo (31 DOM)
  • Strongest bedroom: 3 Beds ($699,900 median)

Sales Market Overview

Median Price
$435,000
+2.4%
Median DOM
16
−62.8%
New Listings
2
−50.0%
Inventory
14
+16.7%
  • Average Price: $507,557
  • Median Price: $435,000
  • Price Range: $168,000 – $950,000
  • Price per Sq Ft (Avg/Median): $250 / $250
  • Square Footage (Avg/Median): 1,998 / 1,998
  • Square Footage Range: 1,998 – 1,998
  • Days on Market (Avg/Median): 62 / 16
  • Days on Market Range: 6 – 174
  • New Listings: 2
  • Total Listings: 14

Sales by Property Type

Condo
Avg/Median Price$390,000 / $390,000Range$390,000 – $390,000Price per Sq FtSq FtDOM14 / 14New0Total1
Land
Avg/Median Price$950,000 / $950,000Range$950,000 – $950,000Price per Sq FtSq FtDOM174 / 174New0Total1
Multi-Family
Avg/Median Price$499,900 / $499,900Range$499,900 – $499,900Price per Sq Ft$250 / $250Sq Ft1,998 / 1,998DOM6 / 6New1Total1
Single Family
Avg/Median Price$464,612 / $435,000Range$168,000 – $725,000Price per Sq FtSq FtDOM52 / 16New1Total8
Townhouse
Avg/Median Price$516,333 / $410,000Range$390,000 – $749,000Price per Sq FtSq FtDOM89 / 114New0Total3

Sales by Bedroom Count

2 Beds
Avg:$361,333Median:$390,000Range:$168,000 – $435,000PSF:Sq Ft:DOM:58 / 16New:0Total:6
3 Beds
Avg:$624,633Median:$699,900Range:$425,000 – $749,000PSF:Sq Ft:DOM:84 / 102New:0Total:3
4 Beds
Avg:$538,000Median:$450,000Range:$439,000 – $725,000PSF:Sq Ft:DOM:32 / 16New:1Total:3
6 Beds
Avg:$499,900Median:$499,900Range:$499,900 – $499,900PSF:$250 / $250Sq Ft:1,998 / 1,998DOM:6 / 6New:1Total:1

Rental Market Overview

Median Rent
$2,650
0.0%
Median DOM
35
−14.6%
New Listings
1
Inventory
18
0.0%
  • Average Rent: $2,734
  • Median Rent: $2,650
  • Rent Range: $1,630 – $3,800
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,150 / 1,000
  • Square Footage Range: 1,000 – 1,300
  • Days on Market (Avg/Median): 43 / 35
  • Days on Market Range: 2 – 118
  • New Listings: 1
  • Total Listings: 18

Rentals by Property Type

Apartment
$2,450
Median DOM: 60
Inventory: 1
MoM: 0.0%
Condo
$3,390
Median DOM: 31
Inventory: 1
MoM: 0.0%
Single Family
$2,950
Median DOM: 35
Inventory: 9
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$2,450 / $2,450Range$2,450 – $2,450Rent per Sq Ft$2 / $2Sq Ft1,000 / 1,000DOM60 / 60New0Total1
Condo
Avg/Median Rent$3,390 / $3,390Range$3,390 – $3,390Rent per Sq FtSq FtDOM31 / 31New0Total1
Multi-Family
Avg/Median Rent$2,319 / $2,400Range$1,630 – $2,800Rent per Sq FtSq FtDOM49 / 43New1Total7
Single Family
Avg/Median Rent$3,017 / $2,950Range$2,400 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,300 / 1,300DOM38 / 35New0Total9

Rentals by Bedroom Count

1 Beds
Avg:$1,630Median:$1,630Range:$1,630 – $1,630PSF:Sq Ft:DOM:19 / 19New:0Total:1
2 Beds
Avg:$2,707Median:$2,500Range:$2,200 – $3,800PSF:Sq Ft:DOM:52 / 43New:1Total:7
3 Beds
Avg:$2,793Median:$2,950Range:$2,400 – $3,390PSF:$2 / $2Sq Ft:1,150 / 1,000DOM:38 / 34New:0Total:9
4 Beds
Avg:$3,500Median:$3,500Range:$3,500 – $3,500PSF:Sq Ft:DOM:48 / 48New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$400,000Median DOM:35New:2Total:10
Nov 2025
Median Price:$410,000Median DOM:39New:2Total:11
Dec 2025
Median Price:$435,000Median DOM:37New:2Total:10
Jan 2026
Median Price:$410,000Median DOM:60New:1Total:8
Feb 2026
Median Price:$425,000Median DOM:43New:4Total:12
Mar 2026
Median Price:$435,000Median DOM:16New:2Total:14

6-Month Rental Trend

Oct 2025
Median Rent:$1,200Median DOM:24New:4Total:8
Nov 2025
Median Rent:$1,700Median DOM:20New:2Total:11
Dec 2025
Median Rent:$2,400Median DOM:51New:6Total:13
Jan 2026
Median Rent:$2,650Median DOM:31New:9Total:17
Feb 2026
Median Rent:$2,650Median DOM:41New:1Total:18
Mar 2026
Median Rent:$2,650Median DOM:35New:1Total:18

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory was flat.

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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