ZIP 07112 Housing Market Report

New York Metro

Report period: August 2026

07112 Monthly Market Update – August 2026

ZIP 07112 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$579,900
−3.3%
Median DOM (Sales)
50
0.0%
New Listings (Sales)
4
−77.8%
Median Rent
$2,100
0.0%
Median DOM (Rental)
33
0.0%
Total Rental Listings
267
+2.3%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (23 DOM)
  • Fastest renting: Apartment (11 DOM)
  • Strongest bedroom: Studio ($770,000 median)

Sales Market Overview

Median Price
$579,900
−3.3%
Median DOM
50
0.0%
New Listings
4
−77.8%
Inventory
83
−12.6%
  • Average Price: $562,811
  • Median Price: $579,900
  • Price Range: $165,000 – $999,999
  • Price per Sq Ft (Avg/Median): $230 / $222
  • Square Footage (Avg/Median): 4,536 / 2,800
  • Square Footage Range: 1,304 – 19,998
  • Days on Market (Avg/Median): 80 / 50
  • Days on Market Range: 1 – 338
  • New Listings: 4
  • Total Listings: 83

Sales by Property Type

Condo
Avg/Median Price$202,488 / $179,000Range$165,000 – $309,000Price per Sq FtSq FtDOM25 / 23New2Total8
Land
Avg/Median Price$275,000 / $275,000Range$275,000 – $275,000Price per Sq FtSq FtDOM112 / 112New0Total1
Multi-Family
Avg/Median Price$723,153 / $689,000Range$479,000 – $999,999Price per Sq Ft$252 / $250Sq Ft5,051 / 2,800DOM93 / 56New0Total41
Single Family
Avg/Median Price$459,670 / $460,000Range$175,000 – $699,900Price per Sq Ft$148 / $119Sq Ft2,605 / 1,392DOM77 / 43New2Total33

Sales by Bedroom Count

Studio
Avg:$770,000Median:$770,000Range:$770,000 – $770,000PSF:$154 / $154Sq Ft:5,000 / 5,000DOM:54 / 54New:0Total:1
1 Beds
Avg:$176,200Median:$179,000Range:$165,000 – $193,000PSF:Sq Ft:DOM:16 / 12New:2Total:5
2 Beds
Avg:$214,950Median:$199,900Range:$199,900 – $230,000PSF:Sq Ft:DOM:33 / 28New:0Total:2
3 Beds
Avg:$432,252Median:$449,000Range:$175,000 – $729,000PSF:$192 / $221Sq Ft:1,999 / 1,392DOM:90 / 64New:1Total:21
4 Beds
Avg:$521,755Median:$489,900Range:$300,000 – $699,900PSF:Sq Ft:DOM:61 / 42New:1Total:9
5 Beds
Avg:$616,680Median:$589,000Range:$460,000 – $710,000PSF:$76 / $34Sq Ft:11,940 / 3,882DOM:103 / 82New:0Total:10
6 Beds
Avg:$682,706Median:$699,000Range:$449,000 – $999,995PSF:$283 / $250Sq Ft:2,680 / 2,736DOM:48 / 29New:0Total:15
7 Beds
Avg:$763,099Median:$714,997Range:$520,000 – $999,999PSF:$257 / $274Sq Ft:2,823 / 2,770DOM:79 / 64New:0Total:9
8 Beds
Avg:$730,900Median:$685,000Range:$549,999 – $950,000PSF:$228 / $28Sq Ft:10,699 / 1,400DOM:145 / 102New:0Total:10

Rental Market Overview

Median Rent
$2,100
0.0%
Median DOM
33
0.0%
New Listings
30
Inventory
267
+2.3%
  • Average Rent: $2,120
  • Median Rent: $2,100
  • Rent Range: $925 – $4,900
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,174 / 850
  • Square Footage Range: 300 – 9,999
  • Days on Market (Avg/Median): 56 / 33
  • Days on Market Range: 1 – 342
  • New Listings: 30
  • Total Listings: 267

Rentals by Property Type

Apartment
$1,850
Median DOM: 11
Inventory: 108
MoM: 0.0%
Condo
$1,995
Median DOM: 31
Inventory: 46
MoM: 0.0%
Single Family
$2,200
Median DOM: 57
Inventory: 17
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,922 / $1,850Range$1,095 – $3,400Rent per Sq Ft$2 / $3Sq Ft870 / 750DOM38 / 11New14Total108
Condo
Avg/Median Rent$1,983 / $1,995Range$925 – $2,750Rent per Sq Ft$2 / $2Sq Ft994 / 900DOM42 / 31New8Total46
Multi-Family
Avg/Median Rent$2,367 / $2,350Range$1,600 – $3,400Rent per Sq Ft$2 / $2Sq Ft2,362 / 1,500DOM80 / 76New8Total96
Single Family
Avg/Median Rent$2,360 / $2,200Range$1,500 – $4,900Rent per Sq Ft$2 / $2Sq Ft1,229 / 1,000DOM70 / 57New0Total17

Rentals by Bedroom Count

Studio
Avg:$1,321Median:$1,395Range:$1,095 – $1,395PSF:$2 / $2Sq Ft:550 / 500DOM:11 / 13New:1Total:7
1 Beds
Avg:$1,649Median:$1,699Range:$925 – $2,750PSF:$3 / $2Sq Ft:656 / 629DOM:49 / 34New:6Total:34
2 Beds
Avg:$1,892Median:$1,800Range:$1,500 – $2,500PSF:$2 / $3Sq Ft:992 / 800DOM:49 / 22New:10Total:79
3 Beds
Avg:$2,300Median:$2,250Range:$1,750 – $3,400PSF:$2 / $2Sq Ft:1,460 / 1,000DOM:62 / 36New:11Total:115
4 Beds
Avg:$2,641Median:$2,525Range:$2,050 – $3,995PSF:$2 / $2Sq Ft:1,325 / 1,400DOM:70 / 42New:2Total:31
6 Beds
Avg:$4,900Median:$4,900Range:$4,900 – $4,900PSF:Sq Ft:DOM:61 / 61New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$589,000Median DOM:42New:32Total:96
Apr 2026
Median Price:$589,000Median DOM:39New:30Total:113
May 2026
Median Price:$599,000Median DOM:52New:13Total:106
Jun 2026
Median Price:$599,000Median DOM:55New:20Total:104
Jul 2026
Median Price:$599,900Median DOM:50New:18Total:95
Aug 2026
Median Price:$579,900Median DOM:50New:4Total:83

6-Month Rental Trend

Mar 2026
Median Rent:$2,195Median DOM:41New:66Total:224
Apr 2026
Median Rent:$2,200Median DOM:36New:61Total:231
May 2026
Median Rent:$2,200Median DOM:36New:84Total:237
Jun 2026
Median Rent:$2,200Median DOM:31New:85Total:264
Jul 2026
Median Rent:$2,100Median DOM:33New:76Total:261
Aug 2026
Median Rent:$2,100Median DOM:33New:30Total:267

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady 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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