ZIP 07114 Housing Market Report
New York Metro
Report period: May 2026
07114 Monthly Market Update – May 2026
ZIP 07114 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$539,900
+8.0%
Median DOM (Sales)
61
+8.9%
New Listings (Sales)
2
−50.0%
Median Rent
$2,100
0.0%
Median DOM (Rental)
47
−4.1%
Total Rental Listings
56
−22.2%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (21 DOM)
- Fastest renting: Condo (33 DOM)
- Strongest bedroom: 7 Beds ($875,000 median)
Sales Market Overview
Median Price
$539,900
+8.0%
Median DOM
61
+8.9%
New Listings
2
−50.0%
Inventory
26
0.0%
- Average Price: $604,585
- Median Price: $539,900
- Price Range: $325,000 – $1,100,000
- Price per Sq Ft (Avg/Median): $236 / $270
- Square Footage (Avg/Median): 4,114 / 2,320
- Square Footage Range: 1,200 – 19,998
- Days on Market (Avg/Median): 78 / 61
- Days on Market Range: 4 – 259
- New Listings: 2
- Total Listings: 26
Sales by Property Type
Condo
Avg/Median Price$358,629 / $367,500Range$325,000 – $405,000Price per Sq Ft$271 / $264Sq Ft1,360 / 1,320DOM67 / 33New1Total7
Land
Avg/Median Price$800,000 / $800,000Range$800,000 – $800,000Price per Sq Ft—Sq Ft—DOM40 / 40New0Total2
Multi-Family
Avg/Median Price$771,069 / $713,000Range$475,000 – $1,100,000Price per Sq Ft$229 / $270Sq Ft6,121 / 2,586DOM104 / 68New1Total13
Single Family
Avg/Median Price$396,224 / $369,900Range$325,000 – $469,999Price per Sq Ft$219 / $130Sq Ft1,850 / 1,200DOM40 / 21New0Total4
Sales by Bedroom Count
2 Beds
Avg:$354,300Median:$339,000Range:$325,000 – $405,000PSF:$278 / $278Sq Ft:1,320 / 1,320DOM:73 / 32New:1Total:5
3 Beds
Avg:$380,760Median:$369,900Range:$325,000 – $469,999PSF:$234 / $264Sq Ft:1,700 / 1,400DOM:48 / 53New:0Total:5
4 Beds
Avg:$475,000Median:$475,000Range:$475,000 – $475,000PSF:—Sq Ft:—DOM:156 / 156New:0Total:1
5 Beds
Avg:$419,999Median:$419,999Range:$419,999 – $419,999PSF:—Sq Ft:—DOM:21 / 21New:0Total:1
6 Beds
Avg:$706,380Median:$713,000Range:$539,900 – $850,000PSF:$204 / $270Sq Ft:8,195 / 2,586DOM:98 / 92New:1Total:5
7 Beds
Avg:$875,000Median:$875,000Range:$875,000 – $875,000PSF:$377 / $377Sq Ft:2,320 / 2,320DOM:259 / 259New:0Total:1
8 Beds
Avg:$857,000Median:$699,000Range:$585,000 – $1,100,000PSF:$158 / $158Sq Ft:3,700 / 3,700DOM:69 / 61New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $354,300 | $339,000 | $325,000 – $405,000 | $278 / $278 | 1,320 / 1,320 | 73 / 32 | 1 | 5 |
| 3 Beds | $380,760 | $369,900 | $325,000 – $469,999 | $234 / $264 | 1,700 / 1,400 | 48 / 53 | 0 | 5 |
| 4 Beds | $475,000 | $475,000 | $475,000 – $475,000 | — | — | 156 / 156 | 0 | 1 |
| 5 Beds | $419,999 | $419,999 | $419,999 – $419,999 | — | — | 21 / 21 | 0 | 1 |
| 6 Beds | $706,380 | $713,000 | $539,900 – $850,000 | $204 / $270 | 8,195 / 2,586 | 98 / 92 | 1 | 5 |
| 7 Beds | $875,000 | $875,000 | $875,000 – $875,000 | $377 / $377 | 2,320 / 2,320 | 259 / 259 | 0 | 1 |
| 8 Beds | $857,000 | $699,000 | $585,000 – $1,100,000 | $158 / $158 | 3,700 / 3,700 | 69 / 61 | 0 | 6 |
Rental Market Overview
Median Rent
$2,100
0.0%
Median DOM
47
−4.1%
New Listings
5
Inventory
56
−22.2%
- Average Rent: $2,191
- Median Rent: $2,100
- Rent Range: $1,200 – $3,300
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,014 / 1,100
- Square Footage Range: 475 – 1,491
- Days on Market (Avg/Median): 72 / 47
- Days on Market Range: 1 – 359
- New Listings: 5
- Total Listings: 56
Rentals by Property Type
Apartment
$1,850
Median DOM: 47
Inventory: 20
MoM: 0.0%
Condo
$1,700
Median DOM: 33
Inventory: 4
MoM: 0.0%
Single Family
$2,200
Median DOM: 44
Inventory: 5
MoM: 0.0%
Townhouse
$2,050
Median DOM: —
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,880 / $1,850Range$1,450 – $2,500Rent per Sq Ft$3 / $3Sq Ft812 / 600DOM83 / 47New2Total20
Condo
Avg/Median Rent$1,962 / $1,700Range$1,200 – $2,500Rent per Sq Ft$2 / $1Sq Ft1,100 / 1,100DOM28 / 33New1Total4
Multi-Family
Avg/Median Rent$2,448 / $2,500Range$1,850 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,284 / 1,294DOM71 / 52New1Total26
Single Family
Avg/Median Rent$2,310 / $2,200Range$1,850 – $2,750Rent per Sq Ft$2 / $2Sq Ft1,294 / 1,294DOM64 / 44New1Total5
Townhouse
Avg/Median Rent$2,050 / $2,050Range$2,050 – $2,050Rent per Sq Ft$2 / $2Sq Ft1,100 / 1,100DOM—New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,750Median:$1,450Range:$1,450 – $2,050PSF:$4 / $4Sq Ft:540 / 540DOM:5 / 5New:0Total:2
1 Beds
Avg:$1,758Median:$1,700Range:$1,200 – $2,450PSF:$3 / $3Sq Ft:661 / 600DOM:93 / 48New:2Total:9
2 Beds
Avg:$2,047Median:$1,975Range:$1,649 – $2,600PSF:$3 / $3Sq Ft:1,000 / 1,000DOM:81 / 47New:2Total:16
3 Beds
Avg:$2,430Median:$2,500Range:$1,750 – $3,300PSF:$2 / $2Sq Ft:1,264 / 1,294DOM:62 / 46New:1Total:27
4 Beds
Avg:$2,500Median:$2,500Range:$2,500 – $2,500PSF:—Sq Ft:—DOM:98 / 19New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,750 | $1,450 | $1,450 – $2,050 | $4 / $4 | 540 / 540 | 5 / 5 | 0 | 2 |
| 1 Beds | $1,758 | $1,700 | $1,200 – $2,450 | $3 / $3 | 661 / 600 | 93 / 48 | 2 | 9 |
| 2 Beds | $2,047 | $1,975 | $1,649 – $2,600 | $3 / $3 | 1,000 / 1,000 | 81 / 47 | 2 | 16 |
| 3 Beds | $2,430 | $2,500 | $1,750 – $3,300 | $2 / $2 | 1,264 / 1,294 | 62 / 46 | 1 | 27 |
| 4 Beds | $2,500 | $2,500 | $2,500 – $2,500 | — | — | 98 / 19 | 0 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$539,900Median DOM:64New:4Total:23
Jan 2026
Median Price:$515,000Median DOM:58New:3Total:19
Feb 2026
Median Price:$475,000Median DOM:70New:3Total:19
Mar 2026
Median Price:$500,000Median DOM:58New:9Total:28
Apr 2026
Median Price:$500,000Median DOM:56New:4Total:26
May 2026
Median Price:$539,900Median DOM:61New:2Total:26
6-Month Rental Trend
Dec 2025
Median Rent:$2,100Median DOM:31New:18Total:54
Jan 2026
Median Rent:$1,995Median DOM:48New:16Total:51
Feb 2026
Median Rent:$2,100Median DOM:52New:19Total:64
Mar 2026
Median Rent:$2,100Median DOM:33New:22Total:70
Apr 2026
Median Rent:$2,100Median DOM:49New:11Total:72
May 2026
Median Rent:$2,100Median DOM:47New:5Total:56
Key Market Takeaways
Median sale prices moved higher this month while inventory remained stable. Days on market lengthened, signaling slower 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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