ZIP 07114 Housing Market Report

New York Metro

Report period: August 2026

07114 Monthly Market Update – August 2026

ZIP 07114 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$619,900
+6.0%
Median DOM (Sales)
37
0.0%
New Listings (Sales)
3
−70.0%
Median Rent
$2,000
0.0%
Median DOM (Rental)
28
0.0%
Total Rental Listings
59
+5.4%

Month-over-Month Movement

Median sale prices moved higher. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (21 DOM)
  • Fastest renting: Apartment (8 DOM)
  • Strongest bedroom: 6 Beds ($799,000 median)

Sales Market Overview

Median Price
$619,900
+6.0%
Median DOM
37
0.0%
New Listings
3
−70.0%
Inventory
35
−2.8%
  • Average Price: $603,723
  • Median Price: $619,900
  • Price Range: $290,500 – $899,000
  • Price per Sq Ft (Avg/Median): $224 / $258
  • Square Footage (Avg/Median): 5,231 / 2,320
  • Square Footage Range: 1,200 – 19,998
  • Days on Market (Avg/Median): 64 / 37
  • Days on Market Range: 7 – 279
  • New Listings: 3
  • Total Listings: 35

Sales by Property Type

Condo
Avg/Median Price$360,483 / $359,999Range$325,000 – $389,000Price per Sq Ft$280 / $278Sq Ft1,301 / 1,304DOM42 / 21New2Total6
Multi-Family
Avg/Median Price$742,450 / $750,000Range$475,000 – $899,000Price per Sq Ft$188 / $199Sq Ft8,052 / 3,700DOM71 / 37New1Total22
Single Family
Avg/Median Price$355,750 / $309,000Range$290,500 – $469,999Price per Sq Ft$263 / $258Sq Ft1,250 / 1,200DOM68 / 58New0Total6
Townhouse
Avg/Median Price$499,000 / $499,000Range$499,000 – $499,000Price per Sq FtSq FtDOM23 / 23New0Total1

Sales by Bedroom Count

2 Beds
Avg:$362,625Median:$325,000Range:$290,500 – $475,000PSF:Sq Ft:DOM:67 / 49New:0Total:4
3 Beds
Avg:$381,362Median:$359,999Range:$295,000 – $499,000PSF:$274 / $261Sq Ft:1,276 / 1,200DOM:34 / 23New:2Total:8
4 Beds
Avg:$412,500Median:$350,000Range:$350,000 – $475,000PSF:$269 / $269Sq Ft:1,300 / 1,300DOM:70 / 49New:0Total:2
5 Beds
Avg:$419,999Median:$419,999Range:$419,999 – $419,999PSF:Sq Ft:DOM:106 / 106New:0Total:1
6 Beds
Avg:$776,377Median:$799,000Range:$559,000 – $899,000PSF:$189 / $199Sq Ft:7,586 / 3,280DOM:77 / 37New:0Total:13
7 Beds
Avg:$749,000Median:$749,000Range:$749,000 – $749,000PSF:$37 / $37Sq Ft:19,998 / 19,998DOM:22 / 22New:0Total:1
8 Beds
Avg:$757,000Median:$700,000Range:$585,000 – $889,000PSF:$262 / $158Sq Ft:3,010 / 2,320DOM:74 / 15New:1Total:6

Rental Market Overview

Median Rent
$2,000
0.0%
Median DOM
28
0.0%
New Listings
13
Inventory
59
+5.4%
  • Average Rent: $2,051
  • Median Rent: $2,000
  • Rent Range: $1,450 – $3,100
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 801 / 650
  • Square Footage Range: 300 – 1,400
  • Days on Market (Avg/Median): 54 / 28
  • Days on Market Range: 1 – 346
  • New Listings: 13
  • Total Listings: 59

Rentals by Property Type

Apartment
$1,675
Median DOM: 8
Inventory: 35
MoM: 0.0%
Condo
$2,050
Median DOM: 14
Inventory: 4
MoM: 0.0%
Single Family
$2,500
Median DOM: 38
Inventory: 5
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,823 / $1,675Range$1,450 – $2,500Rent per Sq Ft$3 / $3Sq Ft712 / 650DOM51 / 8New9Total35
Condo
Avg/Median Rent$2,238 / $2,050Range$2,000 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,216 / 1,082DOM22 / 14New1Total4
Multi-Family
Avg/Median Rent$2,373 / $2,300Range$1,850 – $3,100Rent per Sq Ft$2 / $2Sq Ft963 / 1,000DOM73 / 44New2Total15
Single Family
Avg/Median Rent$2,530 / $2,500Range$2,200 – $2,750Rent per Sq Ft$2 / $2Sq Ft1,100 / 1,100DOM48 / 38New1Total5

Rentals by Bedroom Count

Studio
Avg:$1,450Median:$1,450Range:$1,450 – $1,450PSF:$4 / $3Sq Ft:400 / 300DOM:14 / 1New:1Total:5
1 Beds
Avg:$1,657Median:$1,650Range:$1,450 – $2,000PSF:$3 / $3Sq Ft:615 / 600DOM:82 / 31New:1Total:15
2 Beds
Avg:$2,150Median:$2,200Range:$1,600 – $2,700PSF:$2 / $2Sq Ft:916 / 1,000DOM:62 / 31New:4Total:15
3 Beds
Avg:$2,332Median:$2,200Range:$1,850 – $3,100PSF:$2 / $2Sq Ft:1,164 / 1,350DOM:50 / 14New:5Total:20
4 Beds
Avg:$2,500Median:$2,500Range:$2,500 – $2,500PSF:$2 / $2Sq Ft:1,200 / 1,200DOM:1 / 1New:2Total:4

6-Month Sales Trend

Mar 2026
Median Price:$500,000Median DOM:58New:9Total:28
Apr 2026
Median Price:$500,000Median DOM:56New:4Total:26
May 2026
Median Price:$629,000Median DOM:40New:9Total:29
Jun 2026
Median Price:$629,000Median DOM:48New:8Total:34
Jul 2026
Median Price:$585,000Median DOM:37New:10Total:36
Aug 2026
Median Price:$619,900Median DOM:37New:3Total:35

6-Month Rental Trend

Mar 2026
Median Rent:$2,100Median DOM:33New:22Total:70
Apr 2026
Median Rent:$2,100Median DOM:49New:11Total:72
May 2026
Median Rent:$2,400Median DOM:52New:7Total:43
Jun 2026
Median Rent:$2,050Median DOM:29New:22Total:55
Jul 2026
Median Rent:$2,000Median DOM:28New:21Total:56
Aug 2026
Median Rent:$2,000Median DOM:28New:13Total:59

Key Market Takeaways

Median sale prices moved higher 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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