ZIP 07111 Housing Market Report

New York Metro

Report period: July 2026

07111 Monthly Market Update – July 2026

ZIP 07111 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$499,000
0.0%
Median DOM (Sales)
41
−4.7%
New Listings (Sales)
21
−60.4%
Median Rent
$2,050
−2.4%
Median DOM (Rental)
31
0.0%
Total Rental Listings
312
+4.3%

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 (25 DOM)
  • Fastest renting: Townhouse (6 DOM)
  • Strongest bedroom: Studio ($1,300,000 median)

Sales Market Overview

Median Price
$499,000
0.0%
Median DOM
41
−4.7%
New Listings
21
−60.4%
Inventory
192
−1.0%
  • Average Price: $504,582
  • Median Price: $499,000
  • Price Range: $60,000 – $1,300,000
  • Price per Sq Ft (Avg/Median): $245 / $250
  • Square Footage (Avg/Median): 3,757 / 2,161
  • Square Footage Range: 889 – 19,998
  • Days on Market (Avg/Median): 66 / 41
  • Days on Market Range: 2 – 365
  • New Listings: 21
  • Total Listings: 192

Sales by Property Type

Condo
Avg/Median Price$211,261 / $177,570Range$174,999 – $255,000Price per Sq Ft$200 / $200Sq Ft889 / 889DOM98 / 72New1Total6
Land
Avg/Median Price$225,445 / $250,000Range$149,999 – $320,000Price per Sq FtSq FtDOM102 / 79New0Total11
Multi-Family
Avg/Median Price$647,226 / $630,000Range$370,000 – $1,000,000Price per Sq Ft$240 / $249Sq Ft5,199 / 2,472DOM67 / 41New9Total96
Single Family
Avg/Median Price$432,423 / $424,900Range$210,000 – $1,300,000Price per Sq Ft$299 / $310Sq Ft1,421 / 1,382DOM61 / 41New11Total70
Townhouse
Avg/Median Price$81,000 / $60,000Range$60,000 – $249,000Price per Sq Ft$26 / $26Sq Ft2,328 / 2,328DOM25 / 25New0Total9

Sales by Bedroom Count

Studio
Avg:$1,300,000Median:$1,300,000Range:$1,300,000 – $1,300,000PSF:Sq Ft:DOM:83 / 83New:0Total:1
1 Beds
Avg:$189,392Median:$174,999Range:$174,999 – $230,000PSF:$200 / $200Sq Ft:889 / 889DOM:123 / 72New:0Total:4
2 Beds
Avg:$338,673Median:$359,000Range:$229,900 – $499,000PSF:$343 / $293Sq Ft:1,168 / 1,100DOM:45 / 27New:1Total:11
3 Beds
Avg:$363,706Median:$399,900Range:$60,000 – $900,000PSF:$179 / $156Sq Ft:3,134 / 1,706DOM:55 / 37New:7Total:47
4 Beds
Avg:$476,858Median:$450,000Range:$210,000 – $725,000PSF:$279 / $314Sq Ft:2,873 / 1,453DOM:64 / 45New:4Total:36
5 Beds
Avg:$566,100Median:$599,000Range:$425,000 – $699,900PSF:$246 / $255Sq Ft:3,752 / 2,352DOM:60 / 39New:1Total:23
6 Beds
Avg:$701,073Median:$650,000Range:$399,000 – $950,000PSF:$258 / $249Sq Ft:4,940 / 3,484DOM:77 / 35New:3Total:37
7 Beds
Avg:$648,985Median:$675,000Range:$405,000 – $830,000PSF:$245 / $245Sq Ft:2,760 / 2,760DOM:68 / 34New:3Total:13
8 Beds
Avg:$773,222Median:$750,000Range:$649,999 – $1,000,000PSF:$165 / $50Sq Ft:11,250 / 2,503DOM:57 / 62New:2Total:9

Rental Market Overview

Median Rent
$2,050
−2.4%
Median DOM
31
0.0%
New Listings
45
Inventory
312
+4.3%
  • Average Rent: $2,054
  • Median Rent: $2,050
  • Rent Range: $850 – $4,600
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,066 / 850
  • Square Footage Range: 250 – 9,999
  • Days on Market (Avg/Median): 55 / 31
  • Days on Market Range: 1 – 361
  • New Listings: 45
  • Total Listings: 312

Rentals by Property Type

Apartment
$1,795
Median DOM: 17
Inventory: 141
MoM: −2.4%
Condo
$1,950
Median DOM: 30
Inventory: 19
MoM: −2.4%
Single Family
$2,100
Median DOM: 34
Inventory: 21
MoM: −2.4%
Townhouse
$2,600
Median DOM: 6
Inventory: 5
MoM: −2.4%
Apartment
Avg/Median Rent$1,874 / $1,795Range$850 – $2,950Rent per Sq Ft$3 / $3Sq Ft869 / 800DOM41 / 17New26Total141
Condo
Avg/Median Rent$1,922 / $1,950Range$1,295 – $2,550Rent per Sq Ft$2 / $2Sq Ft1,050 / 1,000DOM31 / 30New1Total19
Multi-Family
Avg/Median Rent$2,245 / $2,200Range$1,100 – $4,600Rent per Sq Ft$2 / $2Sq Ft1,862 / 1,100DOM72 / 60New11Total126
Single Family
Avg/Median Rent$2,196 / $2,100Range$1,070 – $2,850Rent per Sq Ft$3 / $3Sq Ft1,002 / 769DOM49 / 34New3Total21
Townhouse
Avg/Median Rent$2,210 / $2,600Range$1,200 – $2,600Rent per Sq Ft$3 / $4Sq Ft882 / 700DOM63 / 6New4Total5

Rentals by Bedroom Count

Studio
Avg:$1,340Median:$1,300Range:$1,125 – $1,525PSF:$3 / $2Sq Ft:586 / 650DOM:23 / 1New:2Total:21
1 Beds
Avg:$1,588Median:$1,500Range:$850 – $2,300PSF:$3 / $3Sq Ft:637 / 614DOM:53 / 26New:5Total:54
2 Beds
Avg:$1,962Median:$1,900Range:$1,500 – $2,950PSF:$2 / $2Sq Ft:1,419 / 836DOM:50 / 28New:19Total:98
3 Beds
Avg:$2,388Median:$2,400Range:$1,695 – $3,500PSF:$2 / $3Sq Ft:1,092 / 950DOM:62 / 41New:18Total:127
4 Beds
Avg:$2,427Median:$2,494Range:$1,950 – $2,800PSF:$3 / $3Sq Ft:1,075 / 900DOM:71 / 62New:1Total:11
6 Beds
Avg:$4,600Median:$4,600Range:$4,600 – $4,600PSF:Sq Ft:DOM:64 / 64New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$490,000Median DOM:45New:43Total:180
Mar 2026
Median Price:$499,000Median DOM:47New:46Total:186
Apr 2026
Median Price:$499,000Median DOM:44New:42Total:175
May 2026
Median Price:$498,000Median DOM:46New:45Total:178
Jun 2026
Median Price:$499,000Median DOM:43New:53Total:194
Jul 2026
Median Price:$499,000Median DOM:41New:21Total:192

6-Month Rental Trend

Feb 2026
Median Rent:$2,000Median DOM:37New:69Total:222
Mar 2026
Median Rent:$2,095Median DOM:44New:63Total:236
Apr 2026
Median Rent:$2,100Median DOM:45New:59Total:249
May 2026
Median Rent:$2,195Median DOM:38New:75Total:254
Jun 2026
Median Rent:$2,100Median DOM:31New:104Total:299
Jul 2026
Median Rent:$2,050Median DOM:31New:45Total:312

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. 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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