ZIP 07111 Housing Market Report
New York Metro
Report period: March 2026
07111 Monthly Market Update – March 2026
ZIP 07111 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$495,000
+1.0%
Median DOM (Sales)
45
0.0%
New Listings (Sales)
14
−67.4%
Median Rent
$2,100
+5.0%
Median DOM (Rental)
41
+10.8%
Total Rental Listings
223
+0.5%
Month-over-Month Movement
Median sale prices moved higher. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (36 DOM)
- Fastest renting: Apartment (17 DOM)
- Strongest bedroom: Studio ($1,300,000 median)
Sales Market Overview
Median Price
$495,000
+1.0%
Median DOM
45
0.0%
New Listings
14
−67.4%
Inventory
180
0.0%
- Average Price: $521,685
- Median Price: $495,000
- Price Range: $99,000 – $1,300,000
- Price per Sq Ft (Avg/Median): $260 / $248
- Square Footage (Avg/Median): 3,601 / 1,996
- Square Footage Range: 889 – 19,998
- Days on Market (Avg/Median): 68 / 45
- Days on Market Range: 1 – 316
- New Listings: 14
- Total Listings: 180
Sales by Property Type
Condo
Avg/Median Price$214,240 / $217,300Range$189,000 – $230,000Price per Sq Ft$244 / $244Sq Ft889 / 889DOM74 / 71New0Total5
Land
Avg/Median Price$195,800 / $165,000Range$99,000 – $250,000Price per Sq Ft—Sq Ft—DOM70 / 74New2Total10
Multi-Family
Avg/Median Price$646,546 / $650,000Range$310,000 – $899,999Price per Sq Ft$249 / $223Sq Ft4,471 / 2,508DOM74 / 48New4Total91
Single Family
Avg/Median Price$434,102 / $425,000Range$220,000 – $1,300,000Price per Sq Ft$289 / $300Sq Ft1,585 / 1,400DOM61 / 39New8Total73
Townhouse
Avg/Median Price$349,000 / $349,000Range$349,000 – $349,000Price per Sq Ft$312 / $312Sq Ft1,120 / 1,120DOM36 / 36New0Total1
Sales by Bedroom Count
Studio
Avg:$1,300,000Median:$1,300,000Range:$1,300,000 – $1,300,000PSF:—Sq Ft:—DOM:14 / 14New:0Total:1
1 Beds
Avg:$214,240Median:$217,300Range:$189,000 – $230,000PSF:$244 / $244Sq Ft:889 / 889DOM:74 / 71New:0Total:5
2 Beds
Avg:$365,925Median:$349,000Range:$275,000 – $499,000PSF:$321 / $312Sq Ft:1,145 / 1,120DOM:76 / 36New:1Total:8
3 Beds
Avg:$413,423Median:$420,000Range:$220,000 – $539,900PSF:$278 / $283Sq Ft:1,638 / 1,466DOM:50 / 33New:5Total:43
4 Beds
Avg:$482,334Median:$475,000Range:$300,000 – $695,000PSF:$263 / $250Sq Ft:2,450 / 1,800DOM:68 / 39New:3Total:35
5 Beds
Avg:$541,416Median:$580,000Range:$290,000 – $699,900PSF:$216 / $202Sq Ft:7,298 / 1,869DOM:79 / 97New:2Total:19
6 Beds
Avg:$718,987Median:$700,000Range:$449,000 – $875,000PSF:$249 / $223Sq Ft:4,561 / 3,815DOM:87 / 56New:1Total:32
7 Beds
Avg:$667,833Median:$665,000Range:$500,000 – $899,999PSF:$296 / $250Sq Ft:2,383 / 2,500DOM:61 / 37New:0Total:15
8 Beds
Avg:$722,992Median:$699,000Range:$600,000 – $875,000PSF:$207 / $207Sq Ft:4,224 / 4,224DOM:71 / 36New:0Total:12
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,300,000 | $1,300,000 | $1,300,000 – $1,300,000 | — | — | 14 / 14 | 0 | 1 |
| 1 Beds | $214,240 | $217,300 | $189,000 – $230,000 | $244 / $244 | 889 / 889 | 74 / 71 | 0 | 5 |
| 2 Beds | $365,925 | $349,000 | $275,000 – $499,000 | $321 / $312 | 1,145 / 1,120 | 76 / 36 | 1 | 8 |
| 3 Beds | $413,423 | $420,000 | $220,000 – $539,900 | $278 / $283 | 1,638 / 1,466 | 50 / 33 | 5 | 43 |
| 4 Beds | $482,334 | $475,000 | $300,000 – $695,000 | $263 / $250 | 2,450 / 1,800 | 68 / 39 | 3 | 35 |
| 5 Beds | $541,416 | $580,000 | $290,000 – $699,900 | $216 / $202 | 7,298 / 1,869 | 79 / 97 | 2 | 19 |
| 6 Beds | $718,987 | $700,000 | $449,000 – $875,000 | $249 / $223 | 4,561 / 3,815 | 87 / 56 | 1 | 32 |
| 7 Beds | $667,833 | $665,000 | $500,000 – $899,999 | $296 / $250 | 2,383 / 2,500 | 61 / 37 | 0 | 15 |
| 8 Beds | $722,992 | $699,000 | $600,000 – $875,000 | $207 / $207 | 4,224 / 4,224 | 71 / 36 | 0 | 12 |
Rental Market Overview
Median Rent
$2,100
+5.0%
Median DOM
41
+10.8%
New Listings
24
Inventory
223
+0.5%
- Average Rent: $2,142
- Median Rent: $2,100
- Rent Range: $1,150 – $3,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,124 / 920
- Square Footage Range: 250 – 4,320
- Days on Market (Avg/Median): 66 / 41
- Days on Market Range: 1 – 343
- New Listings: 24
- Total Listings: 223
Rentals by Property Type
Apartment
$1,900
Median DOM: 17
Inventory: 84
MoM: +5.0%
Condo
$2,000
Median DOM: 31
Inventory: 9
MoM: +5.0%
Single Family
$2,499
Median DOM: 85
Inventory: 20
MoM: +5.0%
Townhouse
$1,350
Median DOM: 37
Inventory: 2
MoM: +5.0%
Apartment
Avg/Median Rent$1,889 / $1,900Range$1,150 – $3,100Rent per Sq Ft$2 / $2Sq Ft1,030 / 850DOM72 / 17New16Total84
Condo
Avg/Median Rent$2,009 / $2,000Range$1,500 – $2,600Rent per Sq Ft$2 / $2Sq Ft995 / 1,000DOM75 / 31New1Total9
Multi-Family
Avg/Median Rent$2,277 / $2,200Range$1,275 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,227 / 1,100DOM60 / 44New5Total108
Single Family
Avg/Median Rent$2,560 / $2,499Range$1,800 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,707 / 1,584DOM77 / 85New2Total20
Townhouse
Avg/Median Rent$1,925 / $1,350Range$1,350 – $2,500Rent per Sq Ft—Sq Ft—DOM101 / 37New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,478Median:$1,285Range:$1,150 – $2,400PSF:$3 / $3Sq Ft:475 / 400DOM:42 / 1New:3Total:12
1 Beds
Avg:$1,650Median:$1,500Range:$1,350 – $2,300PSF:$3 / $2Sq Ft:767 / 676DOM:122 / 109New:0Total:32
2 Beds
Avg:$1,992Median:$1,950Range:$1,550 – $2,950PSF:$2 / $2Sq Ft:1,337 / 900DOM:59 / 35New:10Total:76
3 Beds
Avg:$2,443Median:$2,355Range:$1,800 – $3,800PSF:$2 / $2Sq Ft:1,245 / 1,095DOM:58 / 39New:10Total:91
4 Beds
Avg:$2,759Median:$2,800Range:$1,950 – $3,500PSF:$2 / $2Sq Ft:1,248 / 1,100DOM:75 / 91New:0Total:11
5 Beds
Avg:$3,100Median:$3,100Range:$3,100 – $3,100PSF:—Sq Ft:—DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,478 | $1,285 | $1,150 – $2,400 | $3 / $3 | 475 / 400 | 42 / 1 | 3 | 12 |
| 1 Beds | $1,650 | $1,500 | $1,350 – $2,300 | $3 / $2 | 767 / 676 | 122 / 109 | 0 | 32 |
| 2 Beds | $1,992 | $1,950 | $1,550 – $2,950 | $2 / $2 | 1,337 / 900 | 59 / 35 | 10 | 76 |
| 3 Beds | $2,443 | $2,355 | $1,800 – $3,800 | $2 / $2 | 1,245 / 1,095 | 58 / 39 | 10 | 91 |
| 4 Beds | $2,759 | $2,800 | $1,950 – $3,500 | $2 / $2 | 1,248 / 1,100 | 75 / 91 | 0 | 11 |
| 5 Beds | $3,100 | $3,100 | $3,100 – $3,100 | — | — | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$489,999Median DOM:42New:48Total:187
Nov 2025
Median Price:$475,000Median DOM:46New:43Total:188
Dec 2025
Median Price:$475,000Median DOM:60New:32Total:185
Jan 2026
Median Price:$465,000Median DOM:58New:47Total:187
Feb 2026
Median Price:$490,000Median DOM:45New:43Total:180
Mar 2026
Median Price:$495,000Median DOM:45New:14Total:180
6-Month Rental Trend
Oct 2025
Median Rent:$2,000Median DOM:32New:71Total:227
Nov 2025
Median Rent:$2,050Median DOM:32New:87Total:244
Dec 2025
Median Rent:$2,050Median DOM:42New:53Total:236
Jan 2026
Median Rent:$2,050Median DOM:50New:58Total:234
Feb 2026
Median Rent:$2,000Median DOM:37New:69Total:222
Mar 2026
Median Rent:$2,100Median DOM:41New:24Total:223
Key Market Takeaways
Median sale prices moved higher this month while inventory remained stable. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, 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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