ZIP 07114 Housing Market Report

New York Metro

Report period: March 2026

07114 Monthly Market Update – March 2026

ZIP 07114 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$459,999
−3.2%
Median DOM (Sales)
68
−2.9%
New Listings (Sales)
5
+66.7%
Median Rent
$2,200
+4.8%
Median DOM (Rental)
47
−9.6%
Total Rental Listings
67
+4.7%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (9 DOM)
  • Fastest renting: Single Family (2 DOM)
  • Strongest bedroom: 8 Beds ($1,100,000 median)

Sales Market Overview

Median Price
$459,999
−3.2%
Median DOM
68
−2.9%
New Listings
5
+66.7%
Inventory
24
+26.3%
  • Average Price: $536,525
  • Median Price: $459,999
  • Price Range: $270,000 – $1,100,000
  • Price per Sq Ft (Avg/Median): $242 / $270
  • Square Footage (Avg/Median): 4,200 / 2,320
  • Square Footage Range: 1,200 – 19,998
  • Days on Market (Avg/Median): 86 / 68
  • Days on Market Range: 4 – 230
  • New Listings: 5
  • Total Listings: 24

Sales by Property Type

Condo
Avg/Median Price$342,700 / $339,000Range$270,000 – $399,900Price per Sq FtSq FtDOM127 / 180New1Total7
Land
Avg/Median Price$500,000 / $500,000Range$500,000 – $500,000Price per Sq FtSq FtDOM58 / 58New0Total1
Multi-Family
Avg/Median Price$707,817 / $599,999Range$425,000 – $1,100,000Price per Sq Ft$244 / $270Sq Ft4,872 / 2,320DOM78 / 72New2Total12
Single Family
Avg/Median Price$370,975 / $325,000Range$299,000 – $459,999Price per Sq Ft$232 / $130Sq Ft1,850 / 1,200DOM42 / 9New2Total4

Sales by Bedroom Count

1 Beds
Avg:$270,000Median:$270,000Range:$270,000 – $270,000PSF:Sq Ft:DOM:180 / 180New:0Total:1
2 Beds
Avg:$345,800Median:$339,000Range:$335,000 – $365,000PSF:Sq Ft:DOM:140 / 182New:0Total:5
3 Beds
Avg:$355,950Median:$325,000Range:$299,000 – $399,900PSF:$232 / $130Sq Ft:1,850 / 1,200DOM:11 / 9New:3Total:4
4 Beds
Avg:$450,000Median:$425,000Range:$425,000 – $475,000PSF:$327 / $327Sq Ft:1,300 / 1,300DOM:82 / 18New:0Total:2
5 Beds
Avg:$459,999Median:$459,999Range:$459,999 – $459,999PSF:Sq Ft:DOM:134 / 134New:0Total:1
6 Beds
Avg:$653,133Median:$539,900Range:$515,000 – $895,000PSF:$211 / $234Sq Ft:6,696 / 2,200DOM:61 / 67New:1Total:6
7 Beds
Avg:$875,000Median:$875,000Range:$875,000 – $875,000PSF:$377 / $377Sq Ft:2,320 / 2,320DOM:230 / 230New:0Total:1
8 Beds
Avg:$933,333Median:$1,100,000Range:$599,999 – $1,100,000PSF:$162 / $162Sq Ft:3,700 / 3,700DOM:49 / 7New:1Total:3

Rental Market Overview

Median Rent
$2,200
+4.8%
Median DOM
47
−9.6%
New Listings
12
Inventory
67
+4.7%
  • Average Rent: $2,173
  • Median Rent: $2,200
  • Rent Range: $1,200 – $3,300
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 910 / 986
  • Square Footage Range: 300 – 1,550
  • Days on Market (Avg/Median): 95 / 47
  • Days on Market Range: 1 – 334
  • New Listings: 12
  • Total Listings: 67

Rentals by Property Type

Apartment
$1,900
Median DOM: 78
Inventory: 33
MoM: +4.8%
Condo
$2,350
Median DOM: 30
Inventory: 6
MoM: +4.8%
Single Family
$2,100
Median DOM: 2
Inventory: 4
MoM: +4.8%
Townhouse
$2,050
Median DOM:
Inventory: 1
MoM: +4.8%
Apartment
Avg/Median Rent$2,010 / $1,900Range$1,450 – $2,740Rent per Sq Ft$3 / $3Sq Ft786 / 650DOM138 / 78New6Total33
Condo
Avg/Median Rent$2,112 / $2,350Range$1,200 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,092 / 1,100DOM35 / 30New0Total6
Multi-Family
Avg/Median Rent$2,422 / $2,400Range$1,650 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,192 / 1,084DOM64 / 52New5Total23
Single Family
Avg/Median Rent$2,212 / $2,100Range$1,800 – $2,750Rent per Sq Ft$3 / $3Sq Ft713 / 713DOM48 / 2New1Total4
Townhouse
Avg/Median Rent$2,050 / $2,050Range$2,050 – $2,050Rent per Sq Ft$2 / $2Sq Ft1,100 / 1,100DOMNew0Total1

Rentals by Bedroom Count

Studio
Avg:$1,690Median:$1,450Range:$1,450 – $1,940PSF:$4 / $4Sq Ft:439 / 508DOM:231 / 327New:0Total:4
1 Beds
Avg:$1,655Median:$1,650Range:$1,200 – $1,900PSF:$3 / $3Sq Ft:699 / 632DOM:90 / 21New:1Total:11
2 Beds
Avg:$2,214Median:$2,200Range:$1,650 – $2,800PSF:$3 / $3Sq Ft:931 / 986DOM:118 / 59New:5Total:26
3 Beds
Avg:$2,415Median:$2,400Range:$1,950 – $3,300PSF:$2 / $2Sq Ft:1,269 / 1,294DOM:48 / 35New:6Total:24
4 Beds
Avg:$2,550Median:$2,500Range:$2,500 – $2,600PSF:Sq Ft:DOM:164 / 161New:0Total:2

6-Month Sales Trend

Oct 2025
Median Price:$489,000Median DOM:56New:8Total:26
Nov 2025
Median Price:$489,000Median DOM:71New:2Total:27
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:$459,999Median DOM:68New:5Total:24

6-Month Rental Trend

Oct 2025
Median Rent:$2,100Median DOM:33New:19Total:57
Nov 2025
Median Rent:$2,200Median DOM:32New:16Total:54
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:$2,200Median DOM:47New:12Total:67

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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