ZIP 07107 Housing Market Report

New York Metro

Report period: August 2026

07107 Monthly Market Update – August 2026

ZIP 07107 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$599,000
0.0%
Median DOM (Sales)
42
−6.7%
New Listings (Sales)
3
−86.4%
Median Rent
$2,100
0.0%
Median DOM (Rental)
37
+2.8%
Total Rental Listings
235
−6.7%

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 (11 DOM)
  • Fastest renting: Townhouse (1 DOM)
  • Strongest bedroom: Studio ($799,000 median)

Sales Market Overview

Median Price
$599,000
0.0%
Median DOM
42
−6.7%
New Listings
3
−86.4%
Inventory
80
−2.4%
  • Average Price: $611,079
  • Median Price: $599,000
  • Price Range: $199,000 – $959,900
  • Price per Sq Ft (Avg/Median): $240 / $233
  • Square Footage (Avg/Median): 3,590 / 2,583
  • Square Footage Range: 708 – 19,998
  • Days on Market (Avg/Median): 74 / 42
  • Days on Market Range: 2 – 348
  • New Listings: 3
  • Total Listings: 80

Sales by Property Type

Condo
Avg/Median Price$287,800 / $250,000Range$199,000 – $370,000Price per Sq Ft$306 / $258Sq Ft739 / 708DOM124 / 119New0Total5
Land
Avg/Median Price$525,000 / $250,000Range$250,000 – $950,000Price per Sq FtSq FtDOM48 / 11New0Total4
Multi-Family
Avg/Median Price$677,652 / $676,000Range$375,000 – $959,900Price per Sq Ft$232 / $228Sq Ft4,023 / 2,800DOM72 / 45New1Total56
Single Family
Avg/Median Price$516,650 / $499,900Range$385,000 – $650,000Price per Sq Ft$188 / $188Sq Ft2,488 / 2,488DOM32 / 20New2Total12
Townhouse
Avg/Median Price$399,666 / $399,999Range$349,999 – $449,000Price per Sq Ft$313 / $313Sq Ft1,280 / 1,280DOM233 / 210New0Total3

Sales by Bedroom Count

Studio
Avg:$741,000Median:$799,000Range:$499,000 – $889,000PSF:$251 / $277Sq Ft:3,365 / 2,583DOM:197 / 214New:0Total:5
2 Beds
Avg:$287,250Median:$250,000Range:$199,000 – $450,000PSF:$257 / $258Sq Ft:1,426 / 770DOM:92 / 89New:0Total:4
3 Beds
Avg:$421,800Median:$385,000Range:$349,999 – $539,000PSF:$313 / $313Sq Ft:1,280 / 1,280DOM:111 / 37New:0Total:10
4 Beds
Avg:$526,427Median:$499,900Range:$449,000 – $649,999PSF:$217 / $188Sq Ft:4,008 / 1,840DOM:51 / 64New:2Total:11
5 Beds
Avg:$654,067Median:$550,000Range:$489,999 – $849,900PSF:$174 / $193Sq Ft:7,068 / 2,522DOM:76 / 39New:1Total:12
6 Beds
Avg:$718,487Median:$650,000Range:$550,000 – $959,900PSF:$232 / $233Sq Ft:3,045 / 3,388DOM:51 / 24New:0Total:16
7 Beds
Avg:$632,750Median:$630,000Range:$499,000 – $800,000PSF:$290 / $221Sq Ft:2,424 / 1,998DOM:70 / 35New:0Total:8
8 Beds
Avg:$751,700Median:$775,000Range:$400,000 – $949,000PSF:$270 / $228Sq Ft:3,023 / 3,168DOM:42 / 38New:0Total:10

Rental Market Overview

Median Rent
$2,100
0.0%
Median DOM
37
+2.8%
New Listings
38
Inventory
235
−6.7%
  • Average Rent: $2,106
  • Median Rent: $2,100
  • Rent Range: $950 – $3,895
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 965 / 750
  • Square Footage Range: 400 – 3,776
  • Days on Market (Avg/Median): 67 / 37
  • Days on Market Range: 1 – 365
  • New Listings: 38
  • Total Listings: 235

Rentals by Property Type

Apartment
$1,825
Median DOM: 29
Inventory: 101
MoM: 0.0%
Condo
$1,825
Median DOM: 29
Inventory: 38
MoM: 0.0%
Single Family
$2,500
Median DOM: 21
Inventory: 13
MoM: 0.0%
Townhouse
$2,475
Median DOM: 1
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,909 / $1,825Range$950 – $3,000Rent per Sq Ft$3 / $3Sq Ft784 / 700DOM65 / 29New22Total101
Condo
Avg/Median Rent$1,963 / $1,825Range$1,450 – $3,300Rent per Sq Ft$2 / $1Sq Ft1,300 / 1,200DOM53 / 29New5Total38
Multi-Family
Avg/Median Rent$2,328 / $2,300Range$1,400 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,482 / 1,200DOM80 / 63New6Total82
Single Family
Avg/Median Rent$2,630 / $2,500Range$1,900 – $3,895Rent per Sq Ft$2 / $2Sq Ft1,685 / 1,500DOM46 / 21New4Total13
Townhouse
Avg/Median Rent$2,475 / $2,475Range$2,475 – $2,475Rent per Sq Ft$1 / $1Sq Ft2,080 / 2,080DOM1 / 1New1Total1

Rentals by Bedroom Count

Studio
Avg:$1,413Median:$1,395Range:$1,200 – $1,546PSF:$3 / $3Sq Ft:517 / 500DOM:77 / 4New:3Total:11
1 Beds
Avg:$1,593Median:$1,595Range:$950 – $2,100PSF:$2 / $2Sq Ft:857 / 650DOM:58 / 37New:2Total:35
2 Beds
Avg:$1,905Median:$1,825Range:$1,400 – $2,675PSF:$2 / $3Sq Ft:868 / 745DOM:62 / 29New:15Total:76
3 Beds
Avg:$2,400Median:$2,400Range:$1,800 – $3,500PSF:$2 / $2Sq Ft:1,115 / 1,200DOM:75 / 50New:15Total:98
4 Beds
Avg:$2,808Median:$2,800Range:$2,195 – $3,600PSF:$2 / $1Sq Ft:1,739 / 2,000DOM:60 / 32New:2Total:12
5 Beds
Avg:$3,038Median:$2,775Range:$2,775 – $3,300PSF:$4 / $4Sq Ft:736 / 736DOM:22 / 10New:0Total:2
6 Beds
Avg:$3,895Median:$3,895Range:$3,895 – $3,895PSF:$2 / $2Sq Ft:1,800 / 1,800DOM:1 / 1New:1Total:1

6-Month Sales Trend

Mar 2026
Median Price:$620,000Median DOM:35New:25Total:86
Apr 2026
Median Price:$620,000Median DOM:35New:24Total:80
May 2026
Median Price:$610,000Median DOM:42New:20Total:88
Jun 2026
Median Price:$610,000Median DOM:47New:15Total:80
Jul 2026
Median Price:$599,000Median DOM:45New:22Total:82
Aug 2026
Median Price:$599,000Median DOM:42New:3Total:80

6-Month Rental Trend

Mar 2026
Median Rent:$2,250Median DOM:26New:66Total:178
Apr 2026
Median Rent:$2,300Median DOM:32New:60Total:201
May 2026
Median Rent:$2,200Median DOM:35New:63Total:217
Jun 2026
Median Rent:$2,195Median DOM:33New:66Total:234
Jul 2026
Median Rent:$2,100Median DOM:36New:67Total:252
Aug 2026
Median Rent:$2,100Median DOM:37New:38Total:235

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. 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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