ZIP 07106 Housing Market Report

New York Metro

Report period: May 2026

07106 Monthly Market Update – May 2026

ZIP 07106 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$535,000
−2.6%
Median DOM (Sales)
33
−8.3%
New Listings (Sales)
14
−41.7%
Median Rent
$2,200
0.0%
Median DOM (Rental)
49
−3.9%
Total Rental Listings
178
−2.7%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (31 DOM)
  • Fastest renting: Condo (12 DOM)
  • Strongest bedroom: 8 Beds ($750,000 median)

Sales Market Overview

Median Price
$535,000
−2.6%
Median DOM
33
−8.3%
New Listings
14
−41.7%
Inventory
98
+10.1%
  • Average Price: $568,218
  • Median Price: $535,000
  • Price Range: $169,000 – $1,400,000
  • Price per Sq Ft (Avg/Median): $234 / $235
  • Square Footage (Avg/Median): 5,084 / 2,532
  • Square Footage Range: 958 – 19,998
  • Days on Market (Avg/Median): 57 / 33
  • Days on Market Range: 2 – 293
  • New Listings: 14
  • Total Listings: 98

Sales by Property Type

Land
Avg/Median Price$989,667 / $1,400,000Range$169,000 – $1,400,000Price per Sq FtSq FtDOM65 / 70New0Total3
Multi-Family
Avg/Median Price$675,887 / $625,000Range$399,000 – $1,195,000Price per Sq Ft$220 / $235Sq Ft7,294 / 2,800DOM74 / 35New8Total38
Single Family
Avg/Median Price$474,257 / $479,000Range$289,000 – $699,000Price per Sq Ft$253 / $201Sq Ft2,184 / 1,800DOM44 / 31New6Total57

Sales by Bedroom Count

2 Beds
Avg:$525,975Median:$399,000Range:$329,900 – $750,000PSF:$363 / $363Sq Ft:1,100 / 1,100DOM:53 / 7New:0Total:4
3 Beds
Avg:$442,161Median:$439,000Range:$319,900 – $550,000PSF:$326 / $349Sq Ft:1,468 / 1,375DOM:35 / 17New:0Total:18
4 Beds
Avg:$464,816Median:$475,000Range:$289,000 – $593,750PSF:$225 / $180Sq Ft:3,850 / 1,785DOM:46 / 32New:4Total:28
5 Beds
Avg:$563,067Median:$579,000Range:$374,999 – $699,000PSF:$204 / $201Sq Ft:4,854 / 2,600DOM:68 / 41New:3Total:15
6 Beds
Avg:$706,653Median:$650,000Range:$500,000 – $949,900PSF:$185 / $215Sq Ft:8,088 / 3,819DOM:75 / 61New:3Total:15
7 Beds
Avg:$602,271Median:$585,000Range:$579,000 – $689,000PSF:$171 / $193Sq Ft:8,365 / 2,997DOM:61 / 44New:2Total:7
8 Beds
Avg:$797,125Median:$750,000Range:$620,000 – $1,195,000PSF:$363 / $276Sq Ft:3,872 / 1,998DOM:82 / 12New:2Total:8

Rental Market Overview

Median Rent
$2,200
0.0%
Median DOM
49
−3.9%
New Listings
19
Inventory
178
−2.7%
  • Average Rent: $2,205
  • Median Rent: $2,200
  • Rent Range: $1,050 – $4,495
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,325 / 1,100
  • Square Footage Range: 400 – 7,750
  • Days on Market (Avg/Median): 65 / 49
  • Days on Market Range: 1 – 354
  • New Listings: 19
  • Total Listings: 178

Rentals by Property Type

Apartment
$2,000
Median DOM: 31
Inventory: 42
MoM: 0.0%
Condo
$2,040
Median DOM: 12
Inventory: 12
MoM: 0.0%
Single Family
$1,900
Median DOM: 34
Inventory: 22
MoM: 0.0%
Townhouse
$2,550
Median DOM:
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$2,117 / $2,000Range$1,350 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,418 / 1,000DOM57 / 31New5Total42
Condo
Avg/Median Rent$2,344 / $2,040Range$1,599 – $4,000Rent per Sq Ft$2 / $2Sq Ft851 / 850DOM18 / 12New2Total12
Multi-Family
Avg/Median Rent$2,192 / $2,200Range$1,050 – $3,350Rent per Sq Ft$2 / $2Sq Ft1,257 / 1,200DOM76 / 66New7Total101
Single Family
Avg/Median Rent$2,340 / $1,900Range$1,125 – $4,495Rent per Sq Ft$2 / $2Sq Ft1,376 / 1,100DOM46 / 34New5Total22
Townhouse
Avg/Median Rent$2,550 / $2,550Range$2,550 – $2,550Rent per Sq Ft$2 / $2Sq Ft1,650 / 1,650DOMNew0Total1

Rentals by Bedroom Count

Studio
Avg:$1,375Median:$1,500Range:$1,125 – $1,500PSF:$3 / $3Sq Ft:400 / 400DOM:54 / 75New:1Total:3
1 Beds
Avg:$1,418Median:$1,395Range:$1,050 – $1,800PSF:$2 / $2Sq Ft:859 / 751DOM:34 / 15New:2Total:15
2 Beds
Avg:$1,969Median:$1,900Range:$1,500 – $2,600PSF:$2 / $2Sq Ft:1,416 / 950DOM:65 / 43New:4Total:71
3 Beds
Avg:$2,461Median:$2,400Range:$1,695 – $4,000PSF:$2 / $2Sq Ft:1,377 / 1,200DOM:74 / 56New:10Total:75
4 Beds
Avg:$2,959Median:$2,697Range:$2,000 – $3,900PSF:$2 / $2Sq Ft:1,383 / 1,350DOM:74 / 30New:1Total:10
5 Beds
Avg:$3,832Median:$3,800Range:$3,200 – $4,495PSF:$2 / $2Sq Ft:1,963 / 1,440DOM:5 / 1New:1Total:3
7 Beds
Avg:$1,600Median:$1,600Range:$1,600 – $1,600PSF:$1 / $1Sq Ft:1,100 / 1,100DOM:34 / 34New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$598,000Median DOM:63New:9Total:70
Jan 2026
Median Price:$599,000Median DOM:53New:22Total:70
Feb 2026
Median Price:$598,000Median DOM:49New:15Total:74
Mar 2026
Median Price:$550,000Median DOM:41New:26Total:86
Apr 2026
Median Price:$549,000Median DOM:36New:24Total:89
May 2026
Median Price:$535,000Median DOM:33New:14Total:98

6-Month Rental Trend

Dec 2025
Median Rent:$2,100Median DOM:58New:28Total:170
Jan 2026
Median Rent:$2,200Median DOM:57New:47Total:157
Feb 2026
Median Rent:$2,200Median DOM:43New:51Total:175
Mar 2026
Median Rent:$2,200Median DOM:54New:40Total:180
Apr 2026
Median Rent:$2,200Median DOM:51New:36Total:183
May 2026
Median Rent:$2,200Median DOM:49New:19Total:178

Key Market Takeaways

Median sale prices softened 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.

← Back to New York Metro