ZIP 07111 Housing Market Report
New York Metro
Report period: August 2026
07111 Monthly Market Update – August 2026
ZIP 07111 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$499,999
+0.2%
Median DOM (Sales)
42
+7.7%
New Listings (Sales)
14
−74.1%
Median Rent
$2,000
0.0%
Median DOM (Rental)
29
+7.4%
Total Rental Listings
364
+2.5%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (29 DOM)
- Fastest renting: Apartment (14 DOM)
- Strongest bedroom: 8 Beds ($770,000 median)
Sales Market Overview
Median Price
$499,999
+0.2%
Median DOM
42
+7.7%
New Listings
14
−74.1%
Inventory
205
+1.5%
- Average Price: $513,846
- Median Price: $499,999
- Price Range: $60,000 – $1,230,000
- Price per Sq Ft (Avg/Median): $240 / $249
- Square Footage (Avg/Median): 3,775 / 2,250
- Square Footage Range: 889 – 19,998
- Days on Market (Avg/Median): 64 / 42
- Days on Market Range: 1 – 337
- New Listings: 14
- Total Listings: 205
Sales by Property Type
Condo
Avg/Median Price$218,514 / $230,000Range$174,999 – $255,000Price per Sq Ft$200 / $200Sq Ft889 / 889DOM133 / 102New0Total5
Land
Avg/Median Price$220,727 / $199,000Range$149,999 – $320,000Price per Sq Ft—Sq Ft—DOM126 / 96New0Total11
Multi-Family
Avg/Median Price$666,068 / $630,000Range$370,000 – $1,230,000Price per Sq Ft$236 / $249Sq Ft5,182 / 2,503DOM63 / 47New7Total106
Single Family
Avg/Median Price$409,795 / $400,000Range$225,000 – $650,000Price per Sq Ft$288 / $293Sq Ft1,645 / 1,444DOM56 / 33New7Total75
Townhouse
Avg/Median Price$60,000 / $60,000Range$60,000 – $60,000Price per Sq Ft$26 / $26Sq Ft2,328 / 2,328DOM29 / 29New0Total8
Sales by Bedroom Count
1 Beds
Avg:$453,142Median:$177,570Range:$174,999 – $1,230,000PSF:$200 / $200Sq Ft:889 / 889DOM:138 / 102New:0Total:4
2 Beds
Avg:$367,827Median:$315,000Range:$229,900 – $995,000PSF:$311 / $293Sq Ft:1,151 / 1,100DOM:45 / 36New:2Total:15
3 Beds
Avg:$350,629Median:$399,900Range:$60,000 – $650,000PSF:$181 / $156Sq Ft:1,959 / 1,706DOM:57 / 30New:4Total:48
4 Beds
Avg:$487,626Median:$450,000Range:$299,000 – $725,000PSF:$266 / $275Sq Ft:4,333 / 1,528DOM:57 / 35New:1Total:35
5 Beds
Avg:$575,003Median:$595,000Range:$270,000 – $799,900PSF:$240 / $249Sq Ft:3,834 / 2,352DOM:56 / 39New:5Total:28
6 Beds
Avg:$712,386Median:$679,000Range:$299,000 – $1,230,000PSF:$252 / $249Sq Ft:4,737 / 3,484DOM:70 / 47New:2Total:45
7 Beds
Avg:$646,073Median:$675,000Range:$405,000 – $830,000PSF:$245 / $245Sq Ft:2,760 / 2,760DOM:66 / 48New:0Total:11
8 Beds
Avg:$802,375Median:$770,000Range:$675,000 – $1,000,000PSF:$200 / $50Sq Ft:11,129 / 2,260DOM:41 / 36New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $453,142 | $177,570 | $174,999 – $1,230,000 | $200 / $200 | 889 / 889 | 138 / 102 | 0 | 4 |
| 2 Beds | $367,827 | $315,000 | $229,900 – $995,000 | $311 / $293 | 1,151 / 1,100 | 45 / 36 | 2 | 15 |
| 3 Beds | $350,629 | $399,900 | $60,000 – $650,000 | $181 / $156 | 1,959 / 1,706 | 57 / 30 | 4 | 48 |
| 4 Beds | $487,626 | $450,000 | $299,000 – $725,000 | $266 / $275 | 4,333 / 1,528 | 57 / 35 | 1 | 35 |
| 5 Beds | $575,003 | $595,000 | $270,000 – $799,900 | $240 / $249 | 3,834 / 2,352 | 56 / 39 | 5 | 28 |
| 6 Beds | $712,386 | $679,000 | $299,000 – $1,230,000 | $252 / $249 | 4,737 / 3,484 | 70 / 47 | 2 | 45 |
| 7 Beds | $646,073 | $675,000 | $405,000 – $830,000 | $245 / $245 | 2,760 / 2,760 | 66 / 48 | 0 | 11 |
| 8 Beds | $802,375 | $770,000 | $675,000 – $1,000,000 | $200 / $50 | 11,129 / 2,260 | 41 / 36 | 0 | 8 |
Rental Market Overview
Median Rent
$2,000
0.0%
Median DOM
29
+7.4%
New Listings
51
Inventory
364
+2.5%
- Average Rent: $2,056
- Median Rent: $2,000
- Rent Range: $850 – $4,600
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,023 / 836
- Square Footage Range: 250 – 9,999
- Days on Market (Avg/Median): 49 / 29
- Days on Market Range: 1 – 365
- New Listings: 51
- Total Listings: 364
Rentals by Property Type
Apartment
$1,850
Median DOM: 14
Inventory: 178
MoM: 0.0%
Condo
$1,950
Median DOM: 23
Inventory: 34
MoM: 0.0%
Single Family
$2,200
Median DOM: 36
Inventory: 22
MoM: 0.0%
Townhouse
$2,600
Median DOM: 31
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$1,869 / $1,850Range$850 – $2,950Rent per Sq Ft$2 / $2Sq Ft889 / 750DOM38 / 14New29Total178
Condo
Avg/Median Rent$1,990 / $1,950Range$1,295 – $3,595Rent per Sq Ft$2 / $2Sq Ft1,343 / 1,000DOM38 / 23New3Total34
Multi-Family
Avg/Median Rent$2,288 / $2,200Range$1,100 – $4,600Rent per Sq Ft$2 / $2Sq Ft1,785 / 1,114DOM66 / 49New16Total127
Single Family
Avg/Median Rent$2,267 / $2,200Range$1,070 – $3,500Rent per Sq Ft$3 / $3Sq Ft871 / 900DOM50 / 36New3Total22
Townhouse
Avg/Median Rent$2,600 / $2,600Range$2,600 – $2,600Rent per Sq Ft$3 / $4Sq Ft766 / 700DOM25 / 31New0Total3
Rentals by Bedroom Count
Studio
Avg:$1,381Median:$1,295Range:$1,125 – $1,995PSF:$3 / $2Sq Ft:554 / 500DOM:28 / 1New:4Total:27
1 Beds
Avg:$1,538Median:$1,500Range:$850 – $2,300PSF:$3 / $2Sq Ft:622 / 625DOM:45 / 29New:8Total:64
2 Beds
Avg:$1,975Median:$1,900Range:$1,300 – $2,950PSF:$2 / $2Sq Ft:1,235 / 850DOM:48 / 30New:15Total:115
3 Beds
Avg:$2,379Median:$2,300Range:$1,695 – $4,200PSF:$2 / $3Sq Ft:1,150 / 920DOM:58 / 33New:18Total:133
4 Beds
Avg:$2,629Median:$2,500Range:$1,900 – $3,800PSF:$3 / $3Sq Ft:1,169 / 950DOM:37 / 13New:5Total:22
5 Beds
Avg:$3,450Median:$2,900Range:$2,900 – $4,000PSF:—Sq Ft:—DOM:9 / 8New:1Total:2
6 Beds
Avg:$4,600Median:$4,600Range:$4,600 – $4,600PSF:—Sq Ft:—DOM:64 / 64New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,381 | $1,295 | $1,125 – $1,995 | $3 / $2 | 554 / 500 | 28 / 1 | 4 | 27 |
| 1 Beds | $1,538 | $1,500 | $850 – $2,300 | $3 / $2 | 622 / 625 | 45 / 29 | 8 | 64 |
| 2 Beds | $1,975 | $1,900 | $1,300 – $2,950 | $2 / $2 | 1,235 / 850 | 48 / 30 | 15 | 115 |
| 3 Beds | $2,379 | $2,300 | $1,695 – $4,200 | $2 / $3 | 1,150 / 920 | 58 / 33 | 18 | 133 |
| 4 Beds | $2,629 | $2,500 | $1,900 – $3,800 | $3 / $3 | 1,169 / 950 | 37 / 13 | 5 | 22 |
| 5 Beds | $3,450 | $2,900 | $2,900 – $4,000 | — | — | 9 / 8 | 1 | 2 |
| 6 Beds | $4,600 | $4,600 | $4,600 – $4,600 | — | — | 64 / 64 | 0 | 1 |
6-Month Sales Trend
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:39New:54Total:202
Aug 2026
Median Price:$499,999Median DOM:42New:14Total:205
6-Month Rental Trend
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:$2,000Median DOM:27New:128Total:355
Aug 2026
Median Rent:$2,000Median DOM:29New:51Total:364
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower 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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