ZIP 07108 Housing Market Report
New York Metro
Report period: May 2026
07108 Monthly Market Update – May 2026
ZIP 07108 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$678,900
0.0%
Median DOM (Sales)
46
−2.1%
New Listings (Sales)
9
−47.1%
Median Rent
$2,150
0.0%
Median DOM (Rental)
44
+12.8%
Total Rental Listings
204
−4.2%
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: Townhouse (10 DOM)
- Fastest renting: Single Family (15 DOM)
- Strongest bedroom: 8 Beds ($799,999 median)
Sales Market Overview
Median Price
$678,900
0.0%
Median DOM
46
−2.1%
New Listings
9
−47.1%
Inventory
90
+1.1%
- Average Price: $674,934
- Median Price: $678,900
- Price Range: $215,000 – $999,999
- Price per Sq Ft (Avg/Median): $222 / $225
- Square Footage (Avg/Median): 5,177 / 3,260
- Square Footage Range: 999 – 19,998
- Days on Market (Avg/Median): 68 / 46
- Days on Market Range: 3 – 342
- New Listings: 9
- Total Listings: 90
Sales by Property Type
Multi-Family
Avg/Median Price$737,006 / $750,000Range$250,000 – $999,999Price per Sq Ft$224 / $232Sq Ft5,425 / 3,412DOM63 / 42New8Total69
Single Family
Avg/Median Price$474,585 / $449,000Range$215,000 – $699,999Price per Sq Ft$203 / $184Sq Ft2,512 / 2,300DOM90 / 46New0Total20
Townhouse
Avg/Median Price$399,000 / $399,000Range$399,000 – $399,000Price per Sq Ft—Sq Ft—DOM10 / 10New1Total1
Sales by Bedroom Count
Studio
Avg:$250,000Median:$250,000Range:$250,000 – $250,000PSF:$143 / $143Sq Ft:1,744 / 1,744DOM:309 / 309New:0Total:1
3 Beds
Avg:$374,560Median:$399,000Range:$325,000 – $399,900PSF:$399 / $399Sq Ft:1,000 / 1,000DOM:35 / 17New:1Total:5
4 Beds
Avg:$443,755Median:$449,000Range:$215,000 – $610,000PSF:$219 / $184Sq Ft:2,365 / 2,442DOM:141 / 122New:0Total:9
5 Beds
Avg:$584,726Median:$575,000Range:$425,000 – $795,000PSF:$223 / $218Sq Ft:2,647 / 2,300DOM:48 / 45New:1Total:11
6 Beds
Avg:$761,144Median:$750,000Range:$499,000 – $999,999PSF:$188 / $233Sq Ft:7,397 / 3,920DOM:69 / 54New:1Total:27
7 Beds
Avg:$668,421Median:$670,000Range:$405,000 – $875,000PSF:$193 / $165Sq Ft:6,665 / 3,900DOM:33 / 26New:4Total:14
8 Beds
Avg:$795,074Median:$799,999Range:$599,900 – $985,000PSF:$287 / $278Sq Ft:3,762 / 2,800DOM:66 / 49New:2Total:23
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $250,000 | $250,000 | $250,000 – $250,000 | $143 / $143 | 1,744 / 1,744 | 309 / 309 | 0 | 1 |
| 3 Beds | $374,560 | $399,000 | $325,000 – $399,900 | $399 / $399 | 1,000 / 1,000 | 35 / 17 | 1 | 5 |
| 4 Beds | $443,755 | $449,000 | $215,000 – $610,000 | $219 / $184 | 2,365 / 2,442 | 141 / 122 | 0 | 9 |
| 5 Beds | $584,726 | $575,000 | $425,000 – $795,000 | $223 / $218 | 2,647 / 2,300 | 48 / 45 | 1 | 11 |
| 6 Beds | $761,144 | $750,000 | $499,000 – $999,999 | $188 / $233 | 7,397 / 3,920 | 69 / 54 | 1 | 27 |
| 7 Beds | $668,421 | $670,000 | $405,000 – $875,000 | $193 / $165 | 6,665 / 3,900 | 33 / 26 | 4 | 14 |
| 8 Beds | $795,074 | $799,999 | $599,900 – $985,000 | $287 / $278 | 3,762 / 2,800 | 66 / 49 | 2 | 23 |
Rental Market Overview
Median Rent
$2,150
0.0%
Median DOM
44
+12.8%
New Listings
32
Inventory
204
−4.2%
- Average Rent: $2,162
- Median Rent: $2,150
- Rent Range: $850 – $3,850
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,538 / 1,100
- Square Footage Range: 500 – 9,999
- Days on Market (Avg/Median): 71 / 44
- Days on Market Range: 1 – 311
- New Listings: 32
- Total Listings: 204
Rentals by Property Type
Apartment
$2,050
Median DOM: 25
Inventory: 72
MoM: 0.0%
Condo
$1,950
Median DOM: 80
Inventory: 24
MoM: 0.0%
Single Family
$1,900
Median DOM: 15
Inventory: 14
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$2,041 / $2,050Range$850 – $3,466Rent per Sq Ft$2 / $2Sq Ft1,509 / 1,100DOM58 / 25New18Total72
Condo
Avg/Median Rent$2,003 / $1,950Range$900 – $3,000Rent per Sq Ft$1 / $1Sq Ft1,525 / 1,100DOM94 / 80New2Total24
Multi-Family
Avg/Median Rent$2,311 / $2,300Range$1,100 – $3,850Rent per Sq Ft$2 / $2Sq Ft1,492 / 1,100DOM81 / 66New8Total94
Single Family
Avg/Median Rent$2,053 / $1,900Range$1,100 – $3,500Rent per Sq Ft$2 / $1Sq Ft1,801 / 1,851DOM25 / 15New4Total14
Rentals by Bedroom Count
Studio
Avg:$1,275Median:$1,250Range:$1,250 – $1,300PSF:$3 / $3Sq Ft:500 / 500DOM:55 / 1New:1Total:2
1 Beds
Avg:$1,388Median:$1,500Range:$850 – $2,000PSF:$2 / $2Sq Ft:850 / 900DOM:78 / 49New:4Total:31
2 Beds
Avg:$1,991Median:$1,850Range:$1,550 – $3,466PSF:$2 / $2Sq Ft:1,549 / 900DOM:61 / 34New:5Total:46
3 Beds
Avg:$2,335Median:$2,300Range:$1,700 – $3,200PSF:$2 / $2Sq Ft:1,809 / 1,270DOM:73 / 54New:19Total:100
4 Beds
Avg:$2,623Median:$2,575Range:$2,249 – $3,200PSF:$2 / $2Sq Ft:1,283 / 1,100DOM:83 / 62New:3Total:19
5 Beds
Avg:$3,590Median:$3,700Range:$3,200 – $3,850PSF:$1 / $1Sq Ft:2,564 / 2,100DOM:17 / 18New:0Total:5
6 Beds
Avg:$2,500Median:$2,500Range:$2,500 – $2,500PSF:$1 / $1Sq Ft:2,558 / 2,558DOM:20 / 20New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,275 | $1,250 | $1,250 – $1,300 | $3 / $3 | 500 / 500 | 55 / 1 | 1 | 2 |
| 1 Beds | $1,388 | $1,500 | $850 – $2,000 | $2 / $2 | 850 / 900 | 78 / 49 | 4 | 31 |
| 2 Beds | $1,991 | $1,850 | $1,550 – $3,466 | $2 / $2 | 1,549 / 900 | 61 / 34 | 5 | 46 |
| 3 Beds | $2,335 | $2,300 | $1,700 – $3,200 | $2 / $2 | 1,809 / 1,270 | 73 / 54 | 19 | 100 |
| 4 Beds | $2,623 | $2,575 | $2,249 – $3,200 | $2 / $2 | 1,283 / 1,100 | 83 / 62 | 3 | 19 |
| 5 Beds | $3,590 | $3,700 | $3,200 – $3,850 | $1 / $1 | 2,564 / 2,100 | 17 / 18 | 0 | 5 |
| 6 Beds | $2,500 | $2,500 | $2,500 – $2,500 | $1 / $1 | 2,558 / 2,558 | 20 / 20 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$600,000Median DOM:37New:22Total:83
Jan 2026
Median Price:$625,000Median DOM:46New:25Total:85
Feb 2026
Median Price:$650,000Median DOM:47New:16Total:87
Mar 2026
Median Price:$650,000Median DOM:47New:30Total:93
Apr 2026
Median Price:$678,900Median DOM:47New:17Total:89
May 2026
Median Price:$678,900Median DOM:46New:9Total:90
6-Month Rental Trend
Dec 2025
Median Rent:$2,200Median DOM:41New:54Total:193
Jan 2026
Median Rent:$2,249Median DOM:39New:55Total:180
Feb 2026
Median Rent:$2,200Median DOM:33New:63Total:198
Mar 2026
Median Rent:$2,200Median DOM:42New:57Total:212
Apr 2026
Median Rent:$2,150Median DOM:39New:57Total:213
May 2026
Median Rent:$2,150Median DOM:44New:32Total:204
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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