ZIP 07103 Housing Market Report
New York Metro
Report period: May 2026
07103 Monthly Market Update – May 2026
ZIP 07103 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$579,000
0.0%
Median DOM (Sales)
41
−8.9%
New Listings (Sales)
15
−57.1%
Median Rent
$2,350
0.0%
Median DOM (Rental)
40
+14.3%
Total Rental Listings
223
−9.0%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (19 DOM)
- Fastest renting: Condo (7 DOM)
- Strongest bedroom: 7 Beds ($789,000 median)
Sales Market Overview
Median Price
$579,000
0.0%
Median DOM
41
−8.9%
New Listings
15
−57.1%
Inventory
145
+6.6%
- Average Price: $577,699
- Median Price: $579,000
- Price Range: $199,999 – $1,600,000
- Price per Sq Ft (Avg/Median): $239 / $242
- Square Footage (Avg/Median): 4,607 / 2,892
- Square Footage Range: 1,000 – 19,998
- Days on Market (Avg/Median): 64 / 41
- Days on Market Range: 1 – 343
- New Listings: 15
- Total Listings: 145
Sales by Property Type
Condo
Avg/Median Price$346,600 / $359,900Range$209,000 – $430,000Price per Sq Ft$263 / $259Sq Ft1,248 / 1,167DOM57 / 22New2Total21
Land
Avg/Median Price$641,625 / $350,000Range$259,000 – $1,600,000Price per Sq Ft—Sq Ft—DOM68 / 19New1Total8
Multi-Family
Avg/Median Price$707,990 / $699,000Range$265,000 – $925,000Price per Sq Ft$236 / $240Sq Ft5,318 / 3,080DOM71 / 51New8Total83
Single Family
Avg/Median Price$368,596 / $399,000Range$199,999 – $529,000Price per Sq Ft$185 / $199Sq Ft2,212 / 1,637DOM45 / 40New3Total23
Townhouse
Avg/Median Price$411,380 / $389,000Range$295,000 – $650,000Price per Sq Ft$287 / $268Sq Ft1,397 / 1,276DOM54 / 50New1Total10
Sales by Bedroom Count
1 Beds
Avg:$309,900Median:$309,900Range:$309,900 – $309,900PSF:—Sq Ft:—DOM:69 / 69New:0Total:1
2 Beds
Avg:$353,882Median:$349,900Range:$295,000 – $430,000PSF:$296 / $299Sq Ft:1,127 / 1,100DOM:52 / 22New:0Total:11
3 Beds
Avg:$365,267Median:$375,000Range:$199,999 – $699,900PSF:$220 / $244Sq Ft:1,776 / 1,450DOM:50 / 39New:5Total:33
4 Beds
Avg:$500,200Median:$425,000Range:$324,900 – $799,000PSF:$228 / $111Sq Ft:7,449 / 1,800DOM:88 / 61New:1Total:17
5 Beds
Avg:$580,783Median:$599,900Range:$359,900 – $870,000PSF:—Sq Ft:—DOM:58 / 62New:1Total:6
6 Beds
Avg:$701,400Median:$675,000Range:$479,999 – $925,000PSF:$229 / $242Sq Ft:6,185 / 3,036DOM:84 / 55New:3Total:37
7 Beds
Avg:$756,062Median:$789,000Range:$550,000 – $925,000PSF:$237 / $208Sq Ft:3,234 / 3,789DOM:30 / 21New:2Total:16
8 Beds
Avg:$771,250Median:$775,000Range:$395,000 – $900,000PSF:$264 / $241Sq Ft:3,279 / 3,001DOM:58 / 27New:2Total:16
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $309,900 | $309,900 | $309,900 – $309,900 | — | — | 69 / 69 | 0 | 1 |
| 2 Beds | $353,882 | $349,900 | $295,000 – $430,000 | $296 / $299 | 1,127 / 1,100 | 52 / 22 | 0 | 11 |
| 3 Beds | $365,267 | $375,000 | $199,999 – $699,900 | $220 / $244 | 1,776 / 1,450 | 50 / 39 | 5 | 33 |
| 4 Beds | $500,200 | $425,000 | $324,900 – $799,000 | $228 / $111 | 7,449 / 1,800 | 88 / 61 | 1 | 17 |
| 5 Beds | $580,783 | $599,900 | $359,900 – $870,000 | — | — | 58 / 62 | 1 | 6 |
| 6 Beds | $701,400 | $675,000 | $479,999 – $925,000 | $229 / $242 | 6,185 / 3,036 | 84 / 55 | 3 | 37 |
| 7 Beds | $756,062 | $789,000 | $550,000 – $925,000 | $237 / $208 | 3,234 / 3,789 | 30 / 21 | 2 | 16 |
| 8 Beds | $771,250 | $775,000 | $395,000 – $900,000 | $264 / $241 | 3,279 / 3,001 | 58 / 27 | 2 | 16 |
Rental Market Overview
Median Rent
$2,350
0.0%
Median DOM
40
+14.3%
New Listings
33
Inventory
223
−9.0%
- Average Rent: $2,303
- Median Rent: $2,350
- Rent Range: $1,100 – $4,200
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,447 / 1,000
- Square Footage Range: 448 – 9,999
- Days on Market (Avg/Median): 66 / 40
- Days on Market Range: 1 – 289
- New Listings: 33
- Total Listings: 223
Rentals by Property Type
Apartment
$2,100
Median DOM: 50
Inventory: 74
MoM: 0.0%
Condo
$1,667
Median DOM: 7
Inventory: 24
MoM: 0.0%
Single Family
$2,200
Median DOM: 31
Inventory: 23
MoM: 0.0%
Townhouse
$2,700
Median DOM: 18
Inventory: 9
MoM: 0.0%
Apartment
Avg/Median Rent$2,157 / $2,100Range$1,395 – $3,750Rent per Sq Ft$2 / $2Sq Ft1,499 / 900DOM77 / 50New9Total74
Condo
Avg/Median Rent$1,956 / $1,667Range$1,100 – $4,200Rent per Sq Ft$2 / $2Sq Ft1,067 / 1,100DOM16 / 7New11Total24
Multi-Family
Avg/Median Rent$2,435 / $2,500Range$1,385 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,671 / 1,337DOM74 / 48New5Total93
Single Family
Avg/Median Rent$2,422 / $2,200Range$1,500 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,242 / 1,100DOM59 / 31New7Total23
Townhouse
Avg/Median Rent$2,756 / $2,700Range$1,650 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,487 / 1,526DOM42 / 18New1Total9
Rentals by Bedroom Count
Studio
Avg:$1,699Median:$1,650Range:$1,100 – $3,000PSF:$3 / $2Sq Ft:826 / 600DOM:33 / 1New:10Total:15
1 Beds
Avg:$1,823Median:$1,822Range:$1,200 – $2,425PSF:$3 / $3Sq Ft:678 / 700DOM:80 / 28New:2Total:22
2 Beds
Avg:$2,033Median:$1,950Range:$1,385 – $2,750PSF:$2 / $2Sq Ft:1,080 / 894DOM:66 / 33New:7Total:55
3 Beds
Avg:$2,533Median:$2,550Range:$1,600 – $4,200PSF:$2 / $2Sq Ft:1,844 / 1,350DOM:65 / 48New:11Total:98
4 Beds
Avg:$2,656Median:$2,700Range:$2,050 – $3,200PSF:$1 / $1Sq Ft:3,075 / 1,426DOM:67 / 34New:3Total:32
5 Beds
Avg:$3,000Median:$3,000Range:$3,000 – $3,000PSF:—Sq Ft:—DOM:233 / 233New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,699 | $1,650 | $1,100 – $3,000 | $3 / $2 | 826 / 600 | 33 / 1 | 10 | 15 |
| 1 Beds | $1,823 | $1,822 | $1,200 – $2,425 | $3 / $3 | 678 / 700 | 80 / 28 | 2 | 22 |
| 2 Beds | $2,033 | $1,950 | $1,385 – $2,750 | $2 / $2 | 1,080 / 894 | 66 / 33 | 7 | 55 |
| 3 Beds | $2,533 | $2,550 | $1,600 – $4,200 | $2 / $2 | 1,844 / 1,350 | 65 / 48 | 11 | 98 |
| 4 Beds | $2,656 | $2,700 | $2,050 – $3,200 | $1 / $1 | 3,075 / 1,426 | 67 / 34 | 3 | 32 |
| 5 Beds | $3,000 | $3,000 | $3,000 – $3,000 | — | — | 233 / 233 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$599,000Median DOM:61New:20Total:105
Jan 2026
Median Price:$599,000Median DOM:45New:37Total:119
Feb 2026
Median Price:$579,000Median DOM:39New:30Total:120
Mar 2026
Median Price:$595,000Median DOM:41New:35Total:131
Apr 2026
Median Price:$579,000Median DOM:45New:35Total:136
May 2026
Median Price:$579,000Median DOM:41New:15Total:145
6-Month Rental Trend
Dec 2025
Median Rent:$2,250Median DOM:57New:43Total:210
Jan 2026
Median Rent:$2,275Median DOM:47New:73Total:231
Feb 2026
Median Rent:$2,295Median DOM:42New:75Total:247
Mar 2026
Median Rent:$2,300Median DOM:33New:80Total:263
Apr 2026
Median Rent:$2,350Median DOM:35New:63Total:245
May 2026
Median Rent:$2,350Median DOM:40New:33Total:223
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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