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 FtSq FtDOM70 / 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

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 FtSq FtDOM101 / 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

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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