ZIP 07108 Housing Market Report
New York Metro
Report period: March 2026
07108 Monthly Market Update – March 2026
ZIP 07108 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$689,000
+6.0%
Median DOM (Sales)
51
+8.5%
New Listings (Sales)
6
−62.5%
Median Rent
$2,200
0.0%
Median DOM (Rental)
36
+9.1%
Total Rental Listings
203
+2.5%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (51 DOM)
- Fastest renting: Single Family (13 DOM)
- Strongest bedroom: 8 Beds ($825,000 median)
Sales Market Overview
Median Price
$689,000
+6.0%
Median DOM
51
+8.5%
New Listings
6
−62.5%
Inventory
85
−2.3%
- Average Price: $664,729
- Median Price: $689,000
- Price Range: $199,999 – $1,150,000
- Price per Sq Ft (Avg/Median): $227 / $233
- Square Footage (Avg/Median): 4,329 / 2,997
- Square Footage Range: 1,430 – 19,998
- Days on Market (Avg/Median): 75 / 51
- Days on Market Range: 1 – 365
- New Listings: 6
- Total Listings: 85
Sales by Property Type
Multi-Family
Avg/Median Price$746,355 / $749,900Range$250,000 – $999,000Price per Sq Ft$234 / $236Sq Ft4,513 / 2,997DOM71 / 51New5Total60
Single Family
Avg/Median Price$468,828 / $419,999Range$199,999 – $1,150,000Price per Sq Ft$171 / $173Sq Ft2,932 / 3,168DOM83 / 77New1Total25
Sales by Bedroom Count
Studio
Avg:$250,000Median:$250,000Range:$250,000 – $250,000PSF:$143 / $143Sq Ft:1,744 / 1,744DOM:285 / 285New:0Total:1
3 Beds
Avg:$361,725Median:$351,000Range:$345,000 – $399,900PSF:$138 / $138Sq Ft:2,500 / 2,500DOM:208 / 88New:0Total:4
4 Beds
Avg:$424,058Median:$410,000Range:$215,000 – $610,000PSF:$228 / $236Sq Ft:2,178 / 2,442DOM:100 / 88New:0Total:12
5 Beds
Avg:$600,400Median:$549,000Range:$199,999 – $1,150,000PSF:$198 / $202Sq Ft:2,823 / 3,168DOM:56 / 41New:1Total:10
6 Beds
Avg:$723,737Median:$699,999Range:$300,000 – $999,000PSF:$219 / $236Sq Ft:5,535 / 3,550DOM:67 / 49New:2Total:27
7 Beds
Avg:$674,100Median:$625,000Range:$499,900 – $899,000PSF:$253 / $165Sq Ft:3,520 / 3,328DOM:49 / 54New:0Total:9
8 Beds
Avg:$822,936Median:$825,000Range:$649,900 – $985,000PSF:$255 / $217Sq Ft:4,365 / 2,800DOM:56 / 29New:3Total:22
| 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 | 285 / 285 | 0 | 1 |
| 3 Beds | $361,725 | $351,000 | $345,000 – $399,900 | $138 / $138 | 2,500 / 2,500 | 208 / 88 | 0 | 4 |
| 4 Beds | $424,058 | $410,000 | $215,000 – $610,000 | $228 / $236 | 2,178 / 2,442 | 100 / 88 | 0 | 12 |
| 5 Beds | $600,400 | $549,000 | $199,999 – $1,150,000 | $198 / $202 | 2,823 / 3,168 | 56 / 41 | 1 | 10 |
| 6 Beds | $723,737 | $699,999 | $300,000 – $999,000 | $219 / $236 | 5,535 / 3,550 | 67 / 49 | 2 | 27 |
| 7 Beds | $674,100 | $625,000 | $499,900 – $899,000 | $253 / $165 | 3,520 / 3,328 | 49 / 54 | 0 | 9 |
| 8 Beds | $822,936 | $825,000 | $649,900 – $985,000 | $255 / $217 | 4,365 / 2,800 | 56 / 29 | 3 | 22 |
Rental Market Overview
Median Rent
$2,200
0.0%
Median DOM
36
+9.1%
New Listings
26
Inventory
203
+2.5%
- Average Rent: $2,234
- Median Rent: $2,200
- Rent Range: $900 – $4,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,427 / 1,100
- Square Footage Range: 500 – 9,999
- Days on Market (Avg/Median): 63 / 36
- Days on Market Range: 1 – 360
- New Listings: 26
- Total Listings: 203
Rentals by Property Type
Apartment
$2,100
Median DOM: 25
Inventory: 70
MoM: 0.0%
Condo
$2,100
Median DOM: 32
Inventory: 28
MoM: 0.0%
Single Family
$1,500
Median DOM: 13
Inventory: 10
MoM: 0.0%
Townhouse
$2,550
Median DOM: 31
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$2,193 / $2,100Range$1,300 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,315 / 1,100DOM52 / 25New16Total70
Condo
Avg/Median Rent$2,079 / $2,100Range$900 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,318 / 1,100DOM60 / 32New1Total28
Multi-Family
Avg/Median Rent$2,343 / $2,350Range$1,100 – $3,850Rent per Sq Ft$2 / $2Sq Ft1,705 / 1,200DOM77 / 50New5Total92
Single Family
Avg/Median Rent$1,925 / $1,500Range$1,100 – $2,900Rent per Sq Ft$2 / $2Sq Ft922 / 990DOM31 / 13New3Total10
Townhouse
Avg/Median Rent$2,333 / $2,550Range$1,600 – $2,850Rent per Sq Ft$2 / $2Sq Ft1,250 / 700DOM32 / 31New1Total3
Rentals by Bedroom Count
Studio
Avg:$1,300Median:$1,300Range:$1,300 – $1,300PSF:$3 / $3Sq Ft:500 / 500DOM:99 / 99New:0Total:1
1 Beds
Avg:$1,417Median:$1,450Range:$900 – $2,000PSF:$2 / $2Sq Ft:810 / 700DOM:56 / 31New:5Total:22
2 Beds
Avg:$1,984Median:$1,850Range:$1,550 – $3,386PSF:$2 / $2Sq Ft:1,479 / 950DOM:60 / 30New:9Total:42
3 Beds
Avg:$2,404Median:$2,400Range:$1,600 – $3,200PSF:$2 / $2Sq Ft:1,480 / 1,200DOM:68 / 42New:10Total:106
4 Beds
Avg:$2,483Median:$2,499Range:$1,800 – $3,200PSF:$2 / $2Sq Ft:1,413 / 1,100DOM:58 / 31New:1Total:30
5 Beds
Avg:$4,175Median:$3,850Range:$3,850 – $4,500PSF:$1 / $1Sq Ft:4,400 / 4,400DOM:7 / 2New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,300 | $1,300 | $1,300 – $1,300 | $3 / $3 | 500 / 500 | 99 / 99 | 0 | 1 |
| 1 Beds | $1,417 | $1,450 | $900 – $2,000 | $2 / $2 | 810 / 700 | 56 / 31 | 5 | 22 |
| 2 Beds | $1,984 | $1,850 | $1,550 – $3,386 | $2 / $2 | 1,479 / 950 | 60 / 30 | 9 | 42 |
| 3 Beds | $2,404 | $2,400 | $1,600 – $3,200 | $2 / $2 | 1,480 / 1,200 | 68 / 42 | 10 | 106 |
| 4 Beds | $2,483 | $2,499 | $1,800 – $3,200 | $2 / $2 | 1,413 / 1,100 | 58 / 31 | 1 | 30 |
| 5 Beds | $4,175 | $3,850 | $3,850 – $4,500 | $1 / $1 | 4,400 / 4,400 | 7 / 2 | 1 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$599,000Median DOM:37New:24Total:89
Nov 2025
Median Price:$600,000Median DOM:38New:18Total:80
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:$689,000Median DOM:51New:6Total:85
6-Month Rental Trend
Oct 2025
Median Rent:$2,250Median DOM:32New:70Total:192
Nov 2025
Median Rent:$2,250Median DOM:32New:53Total:195
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:36New:26Total:203
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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