ZIP 07112 Housing Market Report
New York Metro
Report period: May 2026
07112 Monthly Market Update – May 2026
ZIP 07112 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$590,000
+0.2%
Median DOM (Sales)
38
−2.6%
New Listings (Sales)
6
−80.0%
Median Rent
$2,200
0.0%
Median DOM (Rental)
37
+2.8%
Total Rental Listings
220
−4.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (20 DOM)
- Fastest renting: Townhouse (1 DOM)
- Strongest bedroom: 8 Beds ($729,000 median)
Sales Market Overview
Median Price
$590,000
+0.2%
Median DOM
38
−2.6%
New Listings
6
−80.0%
Inventory
115
+1.8%
- Average Price: $608,795
- Median Price: $590,000
- Price Range: $164,999 – $1,200,000
- Price per Sq Ft (Avg/Median): $221 / $230
- Square Footage (Avg/Median): 4,324 / 2,600
- Square Footage Range: 1,304 – 19,998
- Days on Market (Avg/Median): 64 / 38
- Days on Market Range: 1 – 336
- New Listings: 6
- Total Listings: 115
Sales by Property Type
Condo
Avg/Median Price$191,224 / $164,999Range$164,999 – $235,000Price per Sq Ft$125 / $125Sq Ft1,600 / 1,600DOM45 / 49New0Total4
Land
Avg/Median Price$275,000 / $275,000Range$275,000 – $275,000Price per Sq Ft—Sq Ft—DOM20 / 20New0Total1
Multi-Family
Avg/Median Price$702,601 / $679,000Range$399,999 – $1,200,000Price per Sq Ft$234 / $233Sq Ft4,555 / 2,600DOM67 / 35New3Total71
Single Family
Avg/Median Price$489,407 / $499,000Range$290,000 – $759,000Price per Sq Ft$175 / $173Sq Ft3,680 / 2,600DOM63 / 47New3Total39
Sales by Bedroom Count
1 Beds
Avg:$164,999Median:$164,999Range:$164,999 – $164,999PSF:—Sq Ft:—DOM:56 / 49New:0Total:2
2 Beds
Avg:$262,500Median:$235,000Range:$235,000 – $290,000PSF:—Sq Ft:—DOM:34 / 19New:0Total:2
3 Beds
Avg:$451,852Median:$470,000Range:$199,900 – $749,000PSF:$198 / $227Sq Ft:2,068 / 1,600DOM:75 / 68New:2Total:19
4 Beds
Avg:$540,253Median:$499,999Range:$380,000 – $759,000PSF:$236 / $245Sq Ft:2,391 / 2,591DOM:81 / 43New:1Total:15
5 Beds
Avg:$574,532Median:$559,000Range:$399,999 – $850,000PSF:$167 / $135Sq Ft:4,859 / 3,882DOM:47 / 23New:0Total:22
6 Beds
Avg:$724,136Median:$670,000Range:$499,000 – $1,200,000PSF:$260 / $276Sq Ft:5,085 / 2,400DOM:76 / 34New:1Total:22
7 Beds
Avg:$706,399Median:$550,000Range:$499,999 – $1,200,000PSF:$250 / $222Sq Ft:2,454 / 2,400DOM:44 / 21New:1Total:10
8 Beds
Avg:$752,627Median:$729,000Range:$625,000 – $950,000PSF:$188 / $217Sq Ft:5,797 / 2,997DOM:63 / 33New:1Total:22
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $164,999 | $164,999 | $164,999 – $164,999 | — | — | 56 / 49 | 0 | 2 |
| 2 Beds | $262,500 | $235,000 | $235,000 – $290,000 | — | — | 34 / 19 | 0 | 2 |
| 3 Beds | $451,852 | $470,000 | $199,900 – $749,000 | $198 / $227 | 2,068 / 1,600 | 75 / 68 | 2 | 19 |
| 4 Beds | $540,253 | $499,999 | $380,000 – $759,000 | $236 / $245 | 2,391 / 2,591 | 81 / 43 | 1 | 15 |
| 5 Beds | $574,532 | $559,000 | $399,999 – $850,000 | $167 / $135 | 4,859 / 3,882 | 47 / 23 | 0 | 22 |
| 6 Beds | $724,136 | $670,000 | $499,000 – $1,200,000 | $260 / $276 | 5,085 / 2,400 | 76 / 34 | 1 | 22 |
| 7 Beds | $706,399 | $550,000 | $499,999 – $1,200,000 | $250 / $222 | 2,454 / 2,400 | 44 / 21 | 1 | 10 |
| 8 Beds | $752,627 | $729,000 | $625,000 – $950,000 | $188 / $217 | 5,797 / 2,997 | 63 / 33 | 1 | 22 |
Rental Market Overview
Median Rent
$2,200
0.0%
Median DOM
37
+2.8%
New Listings
33
Inventory
220
−4.8%
- Average Rent: $2,226
- Median Rent: $2,200
- Rent Range: $800 – $4,999
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,552 / 1,000
- Square Footage Range: 300 – 20,000
- Days on Market (Avg/Median): 67 / 37
- Days on Market Range: 1 – 358
- New Listings: 33
- Total Listings: 220
Rentals by Property Type
Apartment
$2,000
Median DOM: 21
Inventory: 96
MoM: 0.0%
Condo
$2,349
Median DOM: 31
Inventory: 14
MoM: 0.0%
Single Family
$2,300
Median DOM: 37
Inventory: 15
MoM: 0.0%
Townhouse
$2,300
Median DOM: 1
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$2,036 / $2,000Range$1,395 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,116 / 1,000DOM52 / 21New20Total96
Condo
Avg/Median Rent$2,221 / $2,349Range$1,250 – $2,750Rent per Sq Ft$3 / $2Sq Ft1,029 / 1,100DOM57 / 31New3Total14
Multi-Family
Avg/Median Rent$2,379 / $2,400Range$1,500 – $3,400Rent per Sq Ft$2 / $2Sq Ft2,936 / 1,300DOM87 / 58New8Total94
Single Family
Avg/Median Rent$2,483 / $2,300Range$800 – $4,999Rent per Sq Ft$3 / $2Sq Ft1,327 / 1,116DOM53 / 37New2Total15
Townhouse
Avg/Median Rent$2,300 / $2,300Range$2,300 – $2,300Rent per Sq Ft$3 / $3Sq Ft800 / 800DOM1 / 1New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,845Median:$1,395Range:$1,395 – $2,295PSF:$2 / $2Sq Ft:850 / 750DOM:4 / 2New:2Total:2
1 Beds
Avg:$1,705Median:$1,600Range:$1,250 – $2,750PSF:$3 / $3Sq Ft:683 / 570DOM:44 / 22New:4Total:21
2 Beds
Avg:$1,944Median:$1,850Range:$1,600 – $2,600PSF:$2 / $2Sq Ft:1,208 / 900DOM:48 / 27New:12Total:64
3 Beds
Avg:$2,396Median:$2,400Range:$1,650 – $3,300PSF:$2 / $2Sq Ft:2,123 / 1,100DOM:85 / 46New:9Total:101
4 Beds
Avg:$2,498Median:$2,500Range:$800 – $3,995PSF:$2 / $2Sq Ft:1,300 / 1,200DOM:69 / 55New:6Total:29
5 Beds
Avg:$3,400Median:$3,400Range:$3,400 – $3,400PSF:—Sq Ft:—DOM:56 / 56New:0Total:1
6 Beds
Avg:$2,900Median:$2,900Range:$2,900 – $2,900PSF:—Sq Ft:—DOM:1 / 1New:0Total:1
7 Beds
Avg:$4,999Median:$4,999Range:$4,999 – $4,999PSF:—Sq Ft:—DOM:82 / 82New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,845 | $1,395 | $1,395 – $2,295 | $2 / $2 | 850 / 750 | 4 / 2 | 2 | 2 |
| 1 Beds | $1,705 | $1,600 | $1,250 – $2,750 | $3 / $3 | 683 / 570 | 44 / 22 | 4 | 21 |
| 2 Beds | $1,944 | $1,850 | $1,600 – $2,600 | $2 / $2 | 1,208 / 900 | 48 / 27 | 12 | 64 |
| 3 Beds | $2,396 | $2,400 | $1,650 – $3,300 | $2 / $2 | 2,123 / 1,100 | 85 / 46 | 9 | 101 |
| 4 Beds | $2,498 | $2,500 | $800 – $3,995 | $2 / $2 | 1,300 / 1,200 | 69 / 55 | 6 | 29 |
| 5 Beds | $3,400 | $3,400 | $3,400 – $3,400 | — | — | 56 / 56 | 0 | 1 |
| 6 Beds | $2,900 | $2,900 | $2,900 – $2,900 | — | — | 1 / 1 | 0 | 1 |
| 7 Beds | $4,999 | $4,999 | $4,999 – $4,999 | — | — | 82 / 82 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$559,000Median DOM:50New:14Total:84
Jan 2026
Median Price:$560,000Median DOM:33New:26Total:84
Feb 2026
Median Price:$589,000Median DOM:42New:22Total:89
Mar 2026
Median Price:$589,000Median DOM:42New:32Total:96
Apr 2026
Median Price:$589,000Median DOM:39New:30Total:113
May 2026
Median Price:$590,000Median DOM:38New:6Total:115
6-Month Rental Trend
Dec 2025
Median Rent:$2,195Median DOM:41New:68Total:217
Jan 2026
Median Rent:$2,200Median DOM:46New:60Total:222
Feb 2026
Median Rent:$2,195Median DOM:45New:65Total:226
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:37New:33Total:220
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory tightened.
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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