ZIP 07108 Housing Market Report

New York Metro

Report period: July 2026

07108 Monthly Market Update – July 2026

ZIP 07108 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$649,000
0.0%
Median DOM (Sales)
43
−10.4%
New Listings (Sales)
6
−72.7%
Median Rent
$2,100
−2.3%
Median DOM (Rental)
34
+9.7%
Total Rental Listings
286
+1.8%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (18 DOM)
  • Fastest renting: Apartment (25 DOM)
  • Strongest bedroom: 6 Beds ($799,900 median)

Sales Market Overview

Median Price
$649,000
0.0%
Median DOM
43
−10.4%
New Listings
6
−72.7%
Inventory
90
+2.3%
  • Average Price: $659,491
  • Median Price: $649,000
  • Price Range: $185,000 – $1,050,000
  • Price per Sq Ft (Avg/Median): $210 / $222
  • Square Footage (Avg/Median): 5,551 / 3,238
  • Square Footage Range: 999 – 19,998
  • Days on Market (Avg/Median): 63 / 43
  • Days on Market Range: 2 – 199
  • New Listings: 6
  • Total Listings: 90

Sales by Property Type

Land
Avg/Median Price$185,000 / $185,000Range$185,000 – $185,000Price per Sq FtSq FtDOM37 / 37New0Total1
Multi-Family
Avg/Median Price$716,300 / $749,000Range$300,000 – $1,050,000Price per Sq Ft$213 / $222Sq Ft6,032 / 3,276DOM67 / 55New5Total69
Single Family
Avg/Median Price$498,089 / $499,000Range$239,000 – $680,000Price per Sq Ft$193 / $170Sq Ft2,585 / 2,300DOM54 / 41New1Total18
Townhouse
Avg/Median Price$389,450 / $379,900Range$379,900 – $399,000Price per Sq FtSq FtDOM25 / 18New0Total2

Sales by Bedroom Count

Studio
Avg:$500,000Median:$500,000Range:$500,000 – $500,000PSF:$110 / $110Sq Ft:4,534 / 4,534DOM:113 / 113New:0Total:1
3 Beds
Avg:$406,950Median:$379,900Range:$349,900 – $499,000PSF:Sq Ft:DOM:27 / 18New:0Total:4
4 Beds
Avg:$405,128Median:$399,999Range:$239,000 – $499,000PSF:$227 / $151Sq Ft:2,148 / 1,795DOM:50 / 32New:0Total:7
5 Beds
Avg:$548,592Median:$549,900Range:$425,000 – $650,000PSF:$183 / $202Sq Ft:5,029 / 2,346DOM:67 / 70New:0Total:13
6 Beds
Avg:$781,038Median:$799,900Range:$499,000 – $925,000PSF:$205 / $236Sq Ft:7,250 / 3,920DOM:80 / 51New:3Total:24
7 Beds
Avg:$664,869Median:$650,000Range:$405,000 – $875,000PSF:$194 / $201Sq Ft:7,763 / 3,276DOM:52 / 64New:2Total:16
8 Beds
Avg:$737,125Median:$750,000Range:$300,000 – $1,050,000PSF:$257 / $237Sq Ft:3,033 / 3,000DOM:61 / 39New:1Total:24

Rental Market Overview

Median Rent
$2,100
−2.3%
Median DOM
34
+9.7%
New Listings
39
Inventory
286
+1.8%
  • Average Rent: $2,140
  • Median Rent: $2,100
  • Rent Range: $1,100 – $3,700
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,101 / 1,000
  • Square Footage Range: 400 – 9,999
  • Days on Market (Avg/Median): 59 / 34
  • Days on Market Range: 1 – 348
  • New Listings: 39
  • Total Listings: 286

Rentals by Property Type

Apartment
$2,050
Median DOM: 25
Inventory: 121
MoM: −2.3%
Condo
$1,950
Median DOM: 31
Inventory: 47
MoM: −2.3%
Single Family
$2,200
Median DOM: 55
Inventory: 11
MoM: −2.3%
Townhouse
Median DOM:
Inventory:
MoM: −2.3%
Apartment
Avg/Median Rent$2,004 / $2,050Range$1,200 – $3,209Rent per Sq Ft$2 / $3Sq Ft1,047 / 750DOM43 / 25New27Total121
Condo
Avg/Median Rent$2,033 / $1,950Range$1,100 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,311 / 1,100DOM70 / 31New4Total47
Multi-Family
Avg/Median Rent$2,334 / $2,300Range$1,500 – $3,700Rent per Sq Ft$2 / $2Sq Ft1,146 / 1,014DOM71 / 53New5Total107
Single Family
Avg/Median Rent$2,196 / $2,200Range$1,650 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,192 / 1,100DOM61 / 55New3Total11

Rentals by Bedroom Count

Studio
Avg:$1,281Median:$1,250Range:$1,100 – $1,350PSF:$3 / $3Sq Ft:400 / 400DOM:30 / 30New:1Total:8
1 Beds
Avg:$1,534Median:$1,550Range:$1,200 – $2,000PSF:$2 / $2Sq Ft:916 / 925DOM:91 / 53New:3Total:31
2 Beds
Avg:$1,916Median:$1,850Range:$1,400 – $3,209PSF:$3 / $3Sq Ft:821 / 650DOM:51 / 40New:10Total:69
3 Beds
Avg:$2,298Median:$2,200Range:$1,700 – $3,500PSF:$2 / $2Sq Ft:1,290 / 1,014DOM:56 / 33New:19Total:143
4 Beds
Avg:$2,544Median:$2,500Range:$2,000 – $3,000PSF:$2 / $2Sq Ft:1,112 / 1,100DOM:75 / 33New:4Total:28
5 Beds
Avg:$3,164Median:$3,049Range:$2,850 – $3,700PSF:$2 / $2Sq Ft:1,430 / 1,200DOM:36 / 42New:2Total:7

6-Month Sales Trend

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:$675,000Median DOM:42New:20Total:88
Jun 2026
Median Price:$649,000Median DOM:48New:22Total:88
Jul 2026
Median Price:$649,000Median DOM:43New:6Total:90

6-Month Rental Trend

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:33New:82Total:222
Jun 2026
Median Rent:$2,150Median DOM:31New:108Total:281
Jul 2026
Median Rent:$2,100Median DOM:34New:39Total:286

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving 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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