ZIP 07109 Housing Market Report
New York Metro
Report period: May 2026
07109 Monthly Market Update – May 2026
ZIP 07109 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$550,000
0.0%
Median DOM (Sales)
26
−38.1%
New Listings (Sales)
12
−55.6%
Median Rent
$2,200
0.0%
Median DOM (Rental)
35
−2.8%
Total Rental Listings
150
+3.4%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (15 DOM)
- Fastest renting: Condo (29 DOM)
- Strongest bedroom: 8 Beds ($949,900 median)
Sales Market Overview
Median Price
$550,000
0.0%
Median DOM
26
−38.1%
New Listings
12
−55.6%
Inventory
119
+1.7%
- Average Price: $553,622
- Median Price: $550,000
- Price Range: $189,900 – $1,100,000
- Price per Sq Ft (Avg/Median): $352 / $353
- Square Footage (Avg/Median): 3,199 / 1,638
- Square Footage Range: 484 – 19,998
- Days on Market (Avg/Median): 54 / 26
- Days on Market Range: 1 – 298
- New Listings: 12
- Total Listings: 119
Sales by Property Type
Condo
Avg/Median Price$348,290 / $325,000Range$229,000 – $550,000Price per Sq Ft$361 / $324Sq Ft1,258 / 1,126DOM51 / 52New2Total20
Land
Avg/Median Price$488,960 / $275,000Range$189,900 – $899,999Price per Sq Ft—Sq Ft—DOM66 / 55New0Total5
Multi-Family
Avg/Median Price$763,148 / $749,900Range$599,000 – $1,100,000Price per Sq Ft$307 / $285Sq Ft5,166 / 2,100DOM77 / 35New1Total25
Single Family
Avg/Median Price$544,731 / $544,999Range$299,888 – $799,999Price per Sq Ft$401 / $412Sq Ft1,675 / 1,406DOM43 / 20New9Total64
Townhouse
Avg/Median Price$505,800 / $495,000Range$450,000 – $550,000Price per Sq Ft$419 / $419Sq Ft1,074 / 1,074DOM78 / 15New0Total5
Sales by Bedroom Count
1 Beds
Avg:$311,756Median:$249,900Range:$229,000 – $620,000PSF:$617 / $517Sq Ft:674 / 484DOM:51 / 13New:3Total:9
2 Beds
Avg:$443,957Median:$450,000Range:$285,000 – $634,998PSF:$358 / $357Sq Ft:1,316 / 1,126DOM:54 / 24New:1Total:28
3 Beds
Avg:$544,739Median:$535,000Range:$400,000 – $699,000PSF:$373 / $350Sq Ft:1,592 / 1,406DOM:34 / 22New:3Total:33
4 Beds
Avg:$597,983Median:$599,000Range:$320,000 – $799,000PSF:$339 / $359Sq Ft:4,258 / 2,000DOM:79 / 45New:2Total:23
5 Beds
Avg:$726,816Median:$725,000Range:$600,000 – $899,999PSF:$263 / $273Sq Ft:3,027 / 3,300DOM:28 / 9New:3Total:12
6 Beds
Avg:$878,000Median:$825,000Range:$575,000 – $1,100,000PSF:$197 / $41Sq Ft:11,274 / 2,550DOM:100 / 63New:0Total:6
7 Beds
Avg:$765,000Median:$765,000Range:$765,000 – $765,000PSF:—Sq Ft:—DOM:111 / 111New:0Total:2
8 Beds
Avg:$949,900Median:$949,900Range:$949,900 – $949,900PSF:—Sq Ft:—DOM:28 / 28New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $311,756 | $249,900 | $229,000 – $620,000 | $617 / $517 | 674 / 484 | 51 / 13 | 3 | 9 |
| 2 Beds | $443,957 | $450,000 | $285,000 – $634,998 | $358 / $357 | 1,316 / 1,126 | 54 / 24 | 1 | 28 |
| 3 Beds | $544,739 | $535,000 | $400,000 – $699,000 | $373 / $350 | 1,592 / 1,406 | 34 / 22 | 3 | 33 |
| 4 Beds | $597,983 | $599,000 | $320,000 – $799,000 | $339 / $359 | 4,258 / 2,000 | 79 / 45 | 2 | 23 |
| 5 Beds | $726,816 | $725,000 | $600,000 – $899,999 | $263 / $273 | 3,027 / 3,300 | 28 / 9 | 3 | 12 |
| 6 Beds | $878,000 | $825,000 | $575,000 – $1,100,000 | $197 / $41 | 11,274 / 2,550 | 100 / 63 | 0 | 6 |
| 7 Beds | $765,000 | $765,000 | $765,000 – $765,000 | — | — | 111 / 111 | 0 | 2 |
| 8 Beds | $949,900 | $949,900 | $949,900 – $949,900 | — | — | 28 / 28 | 0 | 1 |
Rental Market Overview
Median Rent
$2,200
0.0%
Median DOM
35
−2.8%
New Listings
19
Inventory
150
+3.4%
- Average Rent: $2,231
- Median Rent: $2,200
- Rent Range: $1,300 – $3,700
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,074 / 1,000
- Square Footage Range: 450 – 3,248
- Days on Market (Avg/Median): 53 / 35
- Days on Market Range: 1 – 274
- New Listings: 19
- Total Listings: 150
Rentals by Property Type
Apartment
$2,100
Median DOM: 44
Inventory: 52
MoM: 0.0%
Condo
$2,150
Median DOM: 29
Inventory: 16
MoM: 0.0%
Single Family
$2,200
Median DOM: 35
Inventory: 7
MoM: 0.0%
Townhouse
$3,700
Median DOM: 32
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$2,179 / $2,100Range$1,450 – $3,500Rent per Sq Ft$3 / $3Sq Ft934 / 700DOM62 / 44New4Total52
Condo
Avg/Median Rent$2,150 / $2,150Range$1,700 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,000 / 1,000DOM37 / 29New1Total16
Multi-Family
Avg/Median Rent$2,277 / $2,300Range$1,300 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,351 / 1,152DOM53 / 34New12Total74
Single Family
Avg/Median Rent$2,111 / $2,200Range$1,450 – $2,450Rent per Sq Ft$2 / $1Sq Ft1,774 / 900DOM44 / 35New2Total7
Townhouse
Avg/Median Rent$3,700 / $3,700Range$3,700 – $3,700Rent per Sq Ft—Sq Ft—DOM32 / 32New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,886Median:$1,847Range:$1,450 – $2,075PSF:$3 / $3Sq Ft:702 / 616DOM:44 / 25New:1Total:11
1 Beds
Avg:$1,906Median:$1,850Range:$1,300 – $2,600PSF:$3 / $3Sq Ft:699 / 650DOM:45 / 31New:4Total:52
2 Beds
Avg:$2,248Median:$2,300Range:$1,700 – $2,850PSF:$2 / $2Sq Ft:1,242 / 1,000DOM:46 / 31New:12Total:52
3 Beds
Avg:$2,794Median:$2,650Range:$2,100 – $3,700PSF:$2 / $2Sq Ft:1,601 / 1,200DOM:76 / 60New:2Total:33
4 Beds
Avg:$2,850Median:$2,700Range:$2,700 – $3,000PSF:$1 / $1Sq Ft:2,160 / 2,160DOM:105 / 95New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,886 | $1,847 | $1,450 – $2,075 | $3 / $3 | 702 / 616 | 44 / 25 | 1 | 11 |
| 1 Beds | $1,906 | $1,850 | $1,300 – $2,600 | $3 / $3 | 699 / 650 | 45 / 31 | 4 | 52 |
| 2 Beds | $2,248 | $2,300 | $1,700 – $2,850 | $2 / $2 | 1,242 / 1,000 | 46 / 31 | 12 | 52 |
| 3 Beds | $2,794 | $2,650 | $2,100 – $3,700 | $2 / $2 | 1,601 / 1,200 | 76 / 60 | 2 | 33 |
| 4 Beds | $2,850 | $2,700 | $2,700 – $3,000 | $1 / $1 | 2,160 / 2,160 | 105 / 95 | 0 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$554,999Median DOM:42New:14Total:109
Jan 2026
Median Price:$550,000Median DOM:47New:24Total:99
Feb 2026
Median Price:$550,000Median DOM:40New:22Total:90
Mar 2026
Median Price:$539,000Median DOM:32New:37Total:107
Apr 2026
Median Price:$550,000Median DOM:42New:27Total:117
May 2026
Median Price:$550,000Median DOM:26New:12Total:119
6-Month Rental Trend
Dec 2025
Median Rent:$2,300Median DOM:48New:36Total:146
Jan 2026
Median Rent:$2,350Median DOM:48New:43Total:149
Feb 2026
Median Rent:$2,350Median DOM:46New:26Total:145
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:35New:19Total:150
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 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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