ZIP 07102 Housing Market Report

New York Metro

Report period: May 2026

07102 Monthly Market Update – May 2026

ZIP 07102 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$499,900
−1.0%
Median DOM (Sales)
45
+36.4%
New Listings (Sales)
1
−66.7%
Median Rent
$2,075
+3.1%
Median DOM (Rental)
25
−16.7%
Total Rental Listings
181
+34.1%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (44 DOM)
  • Fastest renting: Apartment (17 DOM)
  • Strongest bedroom: 8 Beds ($899,000 median)

Sales Market Overview

Median Price
$499,900
−1.0%
Median DOM
45
+36.4%
New Listings
1
−66.7%
Inventory
15
−6.3%
  • Average Price: $514,053
  • Median Price: $499,900
  • Price Range: $225,000 – $899,900
  • Price per Sq Ft (Avg/Median): $315 / $271
  • Square Footage (Avg/Median): 1,514 / 1,193
  • Square Footage Range: 1,063 – 2,600
  • Days on Market (Avg/Median): 62 / 45
  • Days on Market Range: 5 – 186
  • New Listings: 1
  • Total Listings: 15

Sales by Property Type

Condo
Avg/Median Price$441,400 / $359,000Range$225,000 – $650,000Price per Sq Ft$357 / $338Sq Ft1,152 / 1,193DOM48 / 44New1Total10
Multi-Family
Avg/Median Price$899,900 / $899,900Range$899,900 – $899,900Price per Sq FtSq FtDOM96 / 96New0Total1
Single Family
Avg/Median Price$699,450 / $499,900Range$499,900 – $899,000Price per Sq Ft$192 / $192Sq Ft2,600 / 2,600DOM102 / 102New0Total2
Townhouse
Avg/Median Price$499,000 / $499,000Range$499,000 – $499,000Price per Sq FtSq FtDOM92 / 73New0Total2

Sales by Bedroom Count

2 Beds
Avg:$401,750Median:$350,000Range:$225,000 – $615,000PSF:$304 / $271Sq Ft:1,132 / 1,063DOM:49 / 33New:1Total:8
3 Beds
Avg:$549,500Median:$499,000Range:$499,000 – $650,000PSF:$461 / $461Sq Ft:1,193 / 1,193DOM:68 / 45New:0Total:4
6 Beds
Avg:$699,900Median:$499,900Range:$499,900 – $899,900PSF:$192 / $192Sq Ft:2,600 / 2,600DOM:96 / 96New:0Total:2
8 Beds
Avg:$899,000Median:$899,000Range:$899,000 – $899,000PSF:Sq Ft:DOM:102 / 102New:0Total:1

Rental Market Overview

Median Rent
$2,075
+3.1%
Median DOM
25
−16.7%
New Listings
57
Inventory
181
+34.1%
  • Average Rent: $2,026
  • Median Rent: $2,075
  • Rent Range: $700 – $4,500
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 783 / 747
  • Square Footage Range: 250 – 1,600
  • Days on Market (Avg/Median): 44 / 25
  • Days on Market Range: 1 – 327
  • New Listings: 57
  • Total Listings: 181

Rentals by Property Type

Apartment
$2,015
Median DOM: 17
Inventory: 150
MoM: +3.1%
Condo
$2,450
Median DOM: 46
Inventory: 10
MoM: +3.1%
Single Family
$1,999
Median DOM: 244
Inventory: 2
MoM: +3.1%
Townhouse
$3,000
Median DOM: 37
Inventory: 1
MoM: +3.1%
Apartment
Avg/Median Rent$1,923 / $2,015Range$700 – $3,425Rent per Sq Ft$3 / $3Sq Ft722 / 675DOM38 / 17New52Total150
Condo
Avg/Median Rent$2,798 / $2,450Range$1,500 – $4,500Rent per Sq Ft$3 / $2Sq Ft973 / 1,000DOM57 / 46New2Total10
Multi-Family
Avg/Median Rent$2,376 / $2,000Range$1,500 – $4,200Rent per Sq Ft$3 / $3Sq Ft1,008 / 1,150DOM63 / 49New3Total18
Single Family
Avg/Median Rent$2,247 / $1,999Range$1,999 – $2,495Rent per Sq Ft$2 / $2Sq Ft867 / 867DOM244 / 244New0Total2
Townhouse
Avg/Median Rent$3,000 / $3,000Range$3,000 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,400 / 1,400DOM37 / 37New0Total1

Rentals by Bedroom Count

Studio
Avg:$2,006Median:$1,905Range:$1,275 – $4,200PSF:$4 / $4Sq Ft:566 / 585DOM:15 / 7New:15Total:28
1 Beds
Avg:$1,744Median:$1,999Range:$700 – $3,095PSF:$3 / $3Sq Ft:687 / 675DOM:51 / 25New:24Total:108
2 Beds
Avg:$2,519Median:$2,570Range:$1,500 – $3,125PSF:$3 / $3Sq Ft:1,008 / 979DOM:43 / 7New:14Total:31
3 Beds
Avg:$3,141Median:$3,250Range:$1,850 – $4,500PSF:$3 / $3Sq Ft:1,242 / 1,150DOM:40 / 17New:4Total:14

6-Month Sales Trend

Dec 2025
Median Price:$350,000Median DOM:70New:1Total:8
Jan 2026
Median Price:$340,000Median DOM:41New:2Total:7
Feb 2026
Median Price:$499,900Median DOM:45New:3Total:8
Mar 2026
Median Price:$540,000Median DOM:27New:5Total:14
Apr 2026
Median Price:$505,000Median DOM:33New:3Total:16
May 2026
Median Price:$499,900Median DOM:45New:1Total:15

6-Month Rental Trend

Dec 2025
Median Rent:$2,200Median DOM:44New:29Total:99
Jan 2026
Median Rent:$2,200Median DOM:45New:23Total:101
Feb 2026
Median Rent:$2,250Median DOM:62New:10Total:94
Mar 2026
Median Rent:$2,000Median DOM:21New:62Total:128
Apr 2026
Median Rent:$2,012Median DOM:30New:18Total:135
May 2026
Median Rent:$2,075Median DOM:25New:57Total:181

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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