ZIP 07107 Housing Market Report
New York Metro
Report period: May 2026
07107 Monthly Market Update – May 2026
ZIP 07107 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$620,000
0.0%
Median DOM (Sales)
36
+2.9%
New Listings (Sales)
5
−79.2%
Median Rent
$2,289
−0.5%
Median DOM (Rental)
32
0.0%
Total Rental Listings
202
+0.5%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (20 DOM)
- Fastest renting: Townhouse (1 DOM)
- Strongest bedroom: Studio ($799,000 median)
Sales Market Overview
Median Price
$620,000
0.0%
Median DOM
36
+2.9%
New Listings
5
−79.2%
Inventory
83
+3.8%
- Average Price: $603,857
- Median Price: $620,000
- Price Range: $249,000 – $950,000
- Price per Sq Ft (Avg/Median): $257 / $260
- Square Footage (Avg/Median): 3,252 / 2,583
- Square Footage Range: 708 – 19,998
- Days on Market (Avg/Median): 65 / 36
- Days on Market Range: 2 – 363
- New Listings: 5
- Total Listings: 83
Sales by Property Type
Condo
Avg/Median Price$319,143 / $369,999Range$250,000 – $374,000Price per Sq Ft$336 / $319Sq Ft940 / 708DOM61 / 28New0Total7
Land
Avg/Median Price$666,667 / $650,000Range$400,000 – $950,000Price per Sq Ft—Sq Ft—DOM42 / 20New0Total3
Multi-Family
Avg/Median Price$705,740 / $700,000Range$399,000 – $949,000Price per Sq Ft$252 / $251Sq Ft3,511 / 2,600DOM69 / 35New3Total52
Single Family
Avg/Median Price$452,276 / $469,000Range$249,000 – $650,000Price per Sq Ft$175 / $175Sq Ft2,849 / 2,849DOM41 / 40New2Total17
Townhouse
Avg/Median Price$374,750 / $349,999Range$300,000 – $449,000Price per Sq Ft$313 / $313Sq Ft1,280 / 1,280DOM138 / 119New0Total4
Sales by Bedroom Count
Studio
Avg:$729,000Median:$799,000Range:$499,000 – $889,000PSF:$256 / $277Sq Ft:3,287 / 2,583DOM:83 / 47New:0Total:3
2 Beds
Avg:$344,714Median:$369,999Range:$250,000 – $469,000PSF:$278 / $319Sq Ft:1,560 / 1,171DOM:47 / 28New:0Total:7
3 Beds
Avg:$362,818Median:$370,000Range:$249,000 – $519,000PSF:$286 / $260Sq Ft:1,639 / 1,280DOM:78 / 54New:0Total:11
4 Beds
Avg:$484,644Median:$470,000Range:$374,900 – $625,000PSF:$302 / $251Sq Ft:1,845 / 1,704DOM:61 / 51New:1Total:9
5 Beds
Avg:$607,377Median:$585,000Range:$375,000 – $849,900PSF:$225 / $200Sq Ft:2,763 / 2,450DOM:73 / 47New:0Total:13
6 Beds
Avg:$737,935Median:$750,000Range:$480,000 – $949,000PSF:$231 / $233Sq Ft:5,268 / 2,997DOM:66 / 37New:3Total:17
7 Beds
Avg:$725,731Median:$639,999Range:$600,000 – $929,888PSF:$248 / $221Sq Ft:2,968 / 2,763DOM:52 / 33New:1Total:12
8 Beds
Avg:$752,225Median:$799,000Range:$489,900 – $850,000PSF:$312 / $354Sq Ft:2,767 / 2,400DOM:73 / 27New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $729,000 | $799,000 | $499,000 – $889,000 | $256 / $277 | 3,287 / 2,583 | 83 / 47 | 0 | 3 |
| 2 Beds | $344,714 | $369,999 | $250,000 – $469,000 | $278 / $319 | 1,560 / 1,171 | 47 / 28 | 0 | 7 |
| 3 Beds | $362,818 | $370,000 | $249,000 – $519,000 | $286 / $260 | 1,639 / 1,280 | 78 / 54 | 0 | 11 |
| 4 Beds | $484,644 | $470,000 | $374,900 – $625,000 | $302 / $251 | 1,845 / 1,704 | 61 / 51 | 1 | 9 |
| 5 Beds | $607,377 | $585,000 | $375,000 – $849,900 | $225 / $200 | 2,763 / 2,450 | 73 / 47 | 0 | 13 |
| 6 Beds | $737,935 | $750,000 | $480,000 – $949,000 | $231 / $233 | 5,268 / 2,997 | 66 / 37 | 3 | 17 |
| 7 Beds | $725,731 | $639,999 | $600,000 – $929,888 | $248 / $221 | 2,968 / 2,763 | 52 / 33 | 1 | 12 |
| 8 Beds | $752,225 | $799,000 | $489,900 – $850,000 | $312 / $354 | 2,767 / 2,400 | 73 / 27 | 0 | 8 |
Rental Market Overview
Median Rent
$2,289
−0.5%
Median DOM
32
0.0%
New Listings
29
Inventory
202
+0.5%
- Average Rent: $2,293
- Median Rent: $2,289
- Rent Range: $800 – $3,895
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,081 / 1,000
- Square Footage Range: 398 – 2,500
- Days on Market (Avg/Median): 49 / 32
- Days on Market Range: 1 – 295
- New Listings: 29
- Total Listings: 202
Rentals by Property Type
Apartment
$2,000
Median DOM: 13
Inventory: 63
MoM: −0.5%
Condo
$2,289
Median DOM: 31
Inventory: 22
MoM: −0.5%
Single Family
$2,600
Median DOM: 31
Inventory: 20
MoM: −0.5%
Townhouse
$2,600
Median DOM: 1
Inventory: 2
MoM: −0.5%
Apartment
Avg/Median Rent$2,026 / $2,000Range$950 – $3,495Rent per Sq Ft$2 / $2Sq Ft929 / 861DOM51 / 13New16Total63
Condo
Avg/Median Rent$2,182 / $2,289Range$800 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,052 / 800DOM58 / 31New1Total22
Multi-Family
Avg/Median Rent$2,415 / $2,450Range$1,300 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,044 / 1,000DOM48 / 40New7Total95
Single Family
Avg/Median Rent$2,622 / $2,600Range$1,500 – $3,895Rent per Sq Ft$2 / $2Sq Ft1,672 / 1,400DOM46 / 31New4Total20
Townhouse
Avg/Median Rent$2,800 / $2,600Range$2,600 – $3,000Rent per Sq Ft$1 / $1Sq Ft2,080 / 2,080DOM14 / 1New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,507Median:$1,545Range:$1,300 – $1,675PSF:$4 / $4Sq Ft:398 / 398DOM:28 / 14New:1Total:3
1 Beds
Avg:$1,578Median:$1,525Range:$800 – $2,200PSF:$2 / $2Sq Ft:815 / 800DOM:65 / 31New:5Total:24
2 Beds
Avg:$1,996Median:$2,000Range:$1,500 – $3,000PSF:$2 / $3Sq Ft:900 / 830DOM:52 / 37New:9Total:50
3 Beds
Avg:$2,499Median:$2,500Range:$1,900 – $3,500PSF:$2 / $2Sq Ft:1,363 / 1,239DOM:43 / 31New:10Total:105
4 Beds
Avg:$2,849Median:$2,850Range:$2,250 – $3,600PSF:$3 / $3Sq Ft:1,215 / 1,000DOM:50 / 29New:3Total:16
6 Beds
Avg:$3,895Median:$3,895Range:$3,895 – $3,895PSF:$2 / $2Sq Ft:1,800 / 1,800DOM:1 / 1New:1Total:1
7 Beds
Avg:$3,498Median:$3,495Range:$3,495 – $3,500PSF:$3 / $3Sq Ft:1,200 / 1,200DOM:147 / 21New:0Total:2
8 Beds
Avg:$2,100Median:$2,100Range:$2,100 – $2,100PSF:$2 / $2Sq Ft:1,285 / 1,285DOM:34 / 34New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,507 | $1,545 | $1,300 – $1,675 | $4 / $4 | 398 / 398 | 28 / 14 | 1 | 3 |
| 1 Beds | $1,578 | $1,525 | $800 – $2,200 | $2 / $2 | 815 / 800 | 65 / 31 | 5 | 24 |
| 2 Beds | $1,996 | $2,000 | $1,500 – $3,000 | $2 / $3 | 900 / 830 | 52 / 37 | 9 | 50 |
| 3 Beds | $2,499 | $2,500 | $1,900 – $3,500 | $2 / $2 | 1,363 / 1,239 | 43 / 31 | 10 | 105 |
| 4 Beds | $2,849 | $2,850 | $2,250 – $3,600 | $3 / $3 | 1,215 / 1,000 | 50 / 29 | 3 | 16 |
| 6 Beds | $3,895 | $3,895 | $3,895 – $3,895 | $2 / $2 | 1,800 / 1,800 | 1 / 1 | 1 | 1 |
| 7 Beds | $3,498 | $3,495 | $3,495 – $3,500 | $3 / $3 | 1,200 / 1,200 | 147 / 21 | 0 | 2 |
| 8 Beds | $2,100 | $2,100 | $2,100 – $2,100 | $2 / $2 | 1,285 / 1,285 | 34 / 34 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$615,000Median DOM:56New:13Total:69
Jan 2026
Median Price:$629,000Median DOM:51New:20Total:71
Feb 2026
Median Price:$629,000Median DOM:40New:22Total:80
Mar 2026
Median Price:$620,000Median DOM:35New:25Total:86
Apr 2026
Median Price:$620,000Median DOM:35New:24Total:80
May 2026
Median Price:$620,000Median DOM:36New:5Total:83
6-Month Rental Trend
Dec 2025
Median Rent:$2,250Median DOM:28New:68Total:175
Jan 2026
Median Rent:$2,250Median DOM:30New:62Total:171
Feb 2026
Median Rent:$2,300Median DOM:24New:59Total:172
Mar 2026
Median Rent:$2,250Median DOM:26New:66Total:178
Apr 2026
Median Rent:$2,300Median DOM:32New:60Total:201
May 2026
Median Rent:$2,289Median DOM:32New:29Total:202
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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