ZIP 07109 Housing Market Report

New York Metro

Report period: August 2026

07109 Monthly Market Update – August 2026

ZIP 07109 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$549,999
+1.9%
Median DOM (Sales)
33
−5.7%
New Listings (Sales)
9
−70.0%
Median Rent
$2,295
+4.3%
Median DOM (Rental)
46
+17.9%
Total Rental Listings
133
−3.6%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (23 DOM)
  • Fastest renting: Condo (22 DOM)
  • Strongest bedroom: 5 Beds ($760,000 median)

Sales Market Overview

Median Price
$549,999
+1.9%
Median DOM
33
−5.7%
New Listings
9
−70.0%
Inventory
124
−5.3%
  • Average Price: $539,874
  • Median Price: $549,999
  • Price Range: $240,000 – $950,000
  • Price per Sq Ft (Avg/Median): $319 / $331
  • Square Footage (Avg/Median): 3,291 / 1,491
  • Square Footage Range: 562 – 19,998
  • Days on Market (Avg/Median): 53 / 33
  • Days on Market Range: 3 – 360
  • New Listings: 9
  • Total Listings: 124

Sales by Property Type

Condo
Avg/Median Price$332,514 / $325,000Range$240,000 – $525,000Price per Sq Ft$352 / $317Sq Ft1,003 / 1,025DOM38 / 38New4Total28
Land
Avg/Median Price$850,000 / $850,000Range$850,000 – $850,000Price per Sq FtSq FtDOM157 / 157New0Total1
Multi-Family
Avg/Median Price$741,380 / $749,000Range$550,000 – $950,000Price per Sq Ft$192 / $203Sq Ft8,599 / 3,300DOM79 / 33New3Total26
Single Family
Avg/Median Price$548,987 / $550,000Range$299,888 – $850,000Price per Sq Ft$359 / $353Sq Ft1,970 / 1,324DOM49 / 32New2Total66
Townhouse
Avg/Median Price$425,000 / $400,000Range$350,000 – $525,000Price per Sq Ft$304 / $304Sq Ft1,729 / 1,729DOM20 / 23New0Total3

Sales by Bedroom Count

1 Beds
Avg:$316,986Median:$260,000Range:$240,000 – $620,000PSF:$590 / $463Sq Ft:714 / 562DOM:55 / 43New:0Total:7
2 Beds
Avg:$392,005Median:$350,000Range:$260,000 – $599,000PSF:$320 / $317Sq Ft:1,277 / 1,204DOM:35 / 22New:4Total:36
3 Beds
Avg:$540,737Median:$539,999Range:$339,900 – $950,000PSF:$383 / $371Sq Ft:1,317 / 1,299DOM:44 / 22New:2Total:36
4 Beds
Avg:$648,621Median:$649,999Range:$320,000 – $835,000PSF:$168 / $215Sq Ft:9,763 / 3,698DOM:83 / 39New:1Total:24
5 Beds
Avg:$729,350Median:$760,000Range:$549,999 – $929,000PSF:$242 / $242Sq Ft:3,300 / 3,300DOM:50 / 33New:2Total:14
6 Beds
Avg:$763,748Median:$749,990Range:$575,000 – $880,000PSF:$264 / $238Sq Ft:3,258 / 3,573DOM:58 / 50New:0Total:4
7 Beds
Avg:$732,000Median:$699,000Range:$699,000 – $765,000PSF:$117 / $117Sq Ft:6,000 / 6,000DOM:133 / 63New:0Total:2

Rental Market Overview

Median Rent
$2,295
+4.3%
Median DOM
46
+17.9%
New Listings
14
Inventory
133
−3.6%
  • Average Rent: $2,390
  • Median Rent: $2,295
  • Rent Range: $1,300 – $5,500
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 889 / 850
  • Square Footage Range: 350 – 2,501
  • Days on Market (Avg/Median): 56 / 46
  • Days on Market Range: 1 – 365
  • New Listings: 14
  • Total Listings: 133

Rentals by Property Type

Apartment
$2,150
Median DOM: 47
Inventory: 44
MoM: +4.3%
Condo
$2,050
Median DOM: 22
Inventory: 20
MoM: +4.3%
Single Family
$2,300
Median DOM: 56
Inventory: 18
MoM: +4.3%
Townhouse
Median DOM:
Inventory:
MoM: +4.3%
Apartment
Avg/Median Rent$2,190 / $2,150Range$1,300 – $3,000Rent per Sq Ft$3 / $3Sq Ft782 / 850DOM75 / 47New2Total44
Condo
Avg/Median Rent$2,234 / $2,050Range$1,700 – $3,700Rent per Sq Ft$3 / $3Sq Ft862 / 645DOM39 / 22New3Total20
Multi-Family
Avg/Median Rent$2,423 / $2,350Range$1,300 – $3,600Rent per Sq Ft$2 / $3Sq Ft1,271 / 1,152DOM46 / 43New8Total51
Single Family
Avg/Median Rent$2,960 / $2,300Range$1,900 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,859 / 1,859DOM61 / 56New1Total18

Rentals by Bedroom Count

Studio
Avg:$1,741Median:$1,720Range:$1,300 – $2,325PSF:$3 / $4Sq Ft:652 / 570DOM:75 / 43New:0Total:6
1 Beds
Avg:$2,092Median:$1,900Range:$1,550 – $5,500PSF:$3 / $3Sq Ft:726 / 739DOM:57 / 44New:5Total:56
2 Beds
Avg:$2,318Median:$2,350Range:$1,975 – $2,800PSF:$2 / $2Sq Ft:1,208 / 1,000DOM:66 / 60New:5Total:42
3 Beds
Avg:$3,107Median:$3,000Range:$2,200 – $4,500PSF:$2 / $2Sq Ft:1,302 / 1,225DOM:39 / 33New:2Total:22
4 Beds
Avg:$3,350Median:$2,950Range:$2,500 – $4,000PSF:$2 / $2Sq Ft:1,506 / 1,152DOM:40 / 17New:1Total:6
5 Beds
Avg:$4,500Median:$4,500Range:$4,500 – $4,500PSF:Sq Ft:DOM:4 / 4New:1Total:1

6-Month Sales Trend

Mar 2026
Median Price:$539,000Median DOM:32New:37Total:107
Apr 2026
Median Price:$550,000Median DOM:42New:27Total:117
May 2026
Median Price:$539,000Median DOM:26New:36Total:123
Jun 2026
Median Price:$549,000Median DOM:26New:48Total:143
Jul 2026
Median Price:$540,000Median DOM:35New:30Total:131
Aug 2026
Median Price:$549,999Median DOM:33New:9Total:124

6-Month Rental Trend

Mar 2026
Median Rent:$2,200Median DOM:43New:39Total:150
Apr 2026
Median Rent:$2,200Median DOM:36New:34Total:145
May 2026
Median Rent:$2,200Median DOM:34New:51Total:162
Jun 2026
Median Rent:$2,200Median DOM:36New:33Total:154
Jul 2026
Median Rent:$2,200Median DOM:39New:31Total:138
Aug 2026
Median Rent:$2,295Median DOM:46New:14Total:133

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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