ZIP 07108 Housing Market Report
New York Metro
Report period: August 2026
07108 Monthly Market Update – August 2026
ZIP 07108 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$650,000
+3.3%
Median DOM (Sales)
48
+6.7%
New Listings (Sales)
4
−80.0%
Median Rent
$2,100
0.0%
Median DOM (Rental)
32
−3.0%
Total Rental Listings
300
−0.7%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (35 DOM)
- Fastest renting: Townhouse (1 DOM)
- Strongest bedroom: 6 Beds ($799,900 median)
Sales Market Overview
Median Price
$650,000
+3.3%
Median DOM
48
+6.7%
New Listings
4
−80.0%
Inventory
89
−5.3%
- Average Price: $644,790
- Median Price: $650,000
- Price Range: $185,000 – $1,050,000
- Price per Sq Ft (Avg/Median): $198 / $220
- Square Footage (Avg/Median): 5,282 / 3,276
- Square Footage Range: 1,000 – 19,998
- Days on Market (Avg/Median): 69 / 48
- Days on Market Range: 2 – 229
- New Listings: 4
- Total Listings: 89
Sales by Property Type
Land
Avg/Median Price$185,000 / $185,000Range$185,000 – $185,000Price per Sq Ft—Sq Ft—DOM67 / 67New0Total1
Multi-Family
Avg/Median Price$718,029 / $750,000Range$300,000 – $1,050,000Price per Sq Ft$206 / $221Sq Ft5,518 / 3,483DOM79 / 63New2Total61
Single Family
Avg/Median Price$506,154 / $489,000Range$239,000 – $680,000Price per Sq Ft$165 / $170Sq Ft4,799 / 3,238DOM49 / 35New2Total24
Townhouse
Avg/Median Price$417,967 / $399,000Range$379,900 – $475,000Price per Sq Ft$257 / $257Sq Ft1,848 / 1,848DOM35 / 35New0Total3
Sales by Bedroom Count
Studio
Avg:$587,500Median:$500,000Range:$500,000 – $675,000PSF:$188 / $110Sq Ft:3,538 / 2,542DOM:87 / 30New:0Total:2
3 Beds
Avg:$435,983Median:$449,000Range:$379,900 – $488,000PSF:—Sq Ft:—DOM:29 / 25New:1Total:6
4 Beds
Avg:$413,362Median:$399,999Range:$239,000 – $485,000PSF:$232 / $257Sq Ft:2,088 / 1,848DOM:55 / 38New:0Total:8
5 Beds
Avg:$558,975Median:$549,900Range:$445,000 – $680,000PSF:$180 / $170Sq Ft:5,517 / 2,346DOM:54 / 35New:1Total:12
6 Beds
Avg:$751,726Median:$799,900Range:$489,000 – $925,000PSF:$202 / $222Sq Ft:6,404 / 3,920DOM:99 / 72New:2Total:23
7 Beds
Avg:$664,860Median:$670,000Range:$405,000 – $875,000PSF:$180 / $165Sq Ft:7,497 / 3,773DOM:60 / 49New:0Total:15
8 Beds
Avg:$733,329Median:$750,000Range:$300,000 – $1,050,000PSF:$206 / $209Sq Ft:3,361 / 3,000DOM:66 / 55New:0Total:22
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $587,500 | $500,000 | $500,000 – $675,000 | $188 / $110 | 3,538 / 2,542 | 87 / 30 | 0 | 2 |
| 3 Beds | $435,983 | $449,000 | $379,900 – $488,000 | — | — | 29 / 25 | 1 | 6 |
| 4 Beds | $413,362 | $399,999 | $239,000 – $485,000 | $232 / $257 | 2,088 / 1,848 | 55 / 38 | 0 | 8 |
| 5 Beds | $558,975 | $549,900 | $445,000 – $680,000 | $180 / $170 | 5,517 / 2,346 | 54 / 35 | 1 | 12 |
| 6 Beds | $751,726 | $799,900 | $489,000 – $925,000 | $202 / $222 | 6,404 / 3,920 | 99 / 72 | 2 | 23 |
| 7 Beds | $664,860 | $670,000 | $405,000 – $875,000 | $180 / $165 | 7,497 / 3,773 | 60 / 49 | 0 | 15 |
| 8 Beds | $733,329 | $750,000 | $300,000 – $1,050,000 | $206 / $209 | 3,361 / 3,000 | 66 / 55 | 0 | 22 |
Rental Market Overview
Median Rent
$2,100
0.0%
Median DOM
32
−3.0%
New Listings
44
Inventory
300
−0.7%
- Average Rent: $2,120
- Median Rent: $2,100
- Rent Range: $888 – $3,700
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,103 / 900
- Square Footage Range: 400 – 9,999
- Days on Market (Avg/Median): 56 / 32
- Days on Market Range: 1 – 348
- New Listings: 44
- Total Listings: 300
Rentals by Property Type
Apartment
$2,050
Median DOM: 25
Inventory: 145
MoM: 0.0%
Condo
$2,000
Median DOM: 31
Inventory: 47
MoM: 0.0%
Single Family
$2,090
Median DOM: 60
Inventory: 12
MoM: 0.0%
Townhouse
$2,600
Median DOM: 1
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$2,013 / $2,050Range$1,190 – $3,049Rent per Sq Ft$3 / $3Sq Ft1,039 / 750DOM43 / 25New26Total145
Condo
Avg/Median Rent$1,990 / $2,000Range$888 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,391 / 1,100DOM64 / 31New7Total47
Multi-Family
Avg/Median Rent$2,338 / $2,300Range$1,398 – $3,700Rent per Sq Ft$2 / $2Sq Ft1,120 / 1,000DOM70 / 55New9Total95
Single Family
Avg/Median Rent$2,152 / $2,090Range$1,100 – $3,050Rent per Sq Ft$2 / $2Sq Ft1,487 / 1,152DOM69 / 60New1Total12
Townhouse
Avg/Median Rent$2,600 / $2,600Range$2,600 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,500 / 1,500DOM1 / 1New1Total1
Rentals by Bedroom Count
Studio
Avg:$1,281Median:$1,250Range:$1,100 – $1,350PSF:$3 / $3Sq Ft:400 / 400DOM:33 / 32New:1Total:8
1 Beds
Avg:$1,543Median:$1,550Range:$1,100 – $2,000PSF:$2 / $2Sq Ft:828 / 650DOM:84 / 31New:5Total:34
2 Beds
Avg:$1,864Median:$1,850Range:$888 – $2,500PSF:$3 / $3Sq Ft:841 / 650DOM:53 / 47New:11Total:68
3 Beds
Avg:$2,282Median:$2,195Range:$1,600 – $3,200PSF:$2 / $2Sq Ft:1,270 / 1,000DOM:53 / 33New:19Total:146
4 Beds
Avg:$2,465Median:$2,500Range:$1,124 – $3,050PSF:$2 / $2Sq Ft:1,111 / 950DOM:55 / 21New:6Total:36
5 Beds
Avg:$3,136Median:$2,950Range:$2,850 – $3,700PSF:$3 / $3Sq Ft:1,210 / 1,050DOM:40 / 43New:2Total:7
8 Beds
Avg:$2,700Median:$2,700Range:$2,700 – $2,700PSF:$2 / $2Sq Ft:1,572 / 1,572DOM:11 / 11New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,281 | $1,250 | $1,100 – $1,350 | $3 / $3 | 400 / 400 | 33 / 32 | 1 | 8 |
| 1 Beds | $1,543 | $1,550 | $1,100 – $2,000 | $2 / $2 | 828 / 650 | 84 / 31 | 5 | 34 |
| 2 Beds | $1,864 | $1,850 | $888 – $2,500 | $3 / $3 | 841 / 650 | 53 / 47 | 11 | 68 |
| 3 Beds | $2,282 | $2,195 | $1,600 – $3,200 | $2 / $2 | 1,270 / 1,000 | 53 / 33 | 19 | 146 |
| 4 Beds | $2,465 | $2,500 | $1,124 – $3,050 | $2 / $2 | 1,111 / 950 | 55 / 21 | 6 | 36 |
| 5 Beds | $3,136 | $2,950 | $2,850 – $3,700 | $3 / $3 | 1,210 / 1,050 | 40 / 43 | 2 | 7 |
| 8 Beds | $2,700 | $2,700 | $2,700 – $2,700 | $2 / $2 | 1,572 / 1,572 | 11 / 11 | 0 | 1 |
6-Month Sales Trend
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:$629,000Median DOM:45New:20Total:94
Aug 2026
Median Price:$650,000Median DOM:48New:4Total:89
6-Month Rental Trend
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:33New:88Total:302
Aug 2026
Median Rent:$2,100Median DOM:32New:44Total:300
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 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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