ZIP 07302 Housing Market Report

New York Metro

Report period: May 2026

07302 Monthly Market Update – May 2026

ZIP 07302 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$930,000
+3.4%
Median DOM (Sales)
30
+7.1%
New Listings (Sales)
29
−73.9%
Median Rent
$3,510
−1.1%
Median DOM (Rental)
20
−4.8%
Total Rental Listings
552
+2.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (11 DOM)
  • Fastest renting: Single Family (10 DOM)
  • Strongest bedroom: 7 Beds ($2,950,000 median)

Sales Market Overview

Median Price
$930,000
+3.4%
Median DOM
30
+7.1%
New Listings
29
−73.9%
Inventory
341
+4.0%
  • Average Price: $1,179,425
  • Median Price: $930,000
  • Price Range: $295,000 – $6,499,000
  • Price per Sq Ft (Avg/Median): $943 / $908
  • Square Footage (Avg/Median): 1,095 / 980
  • Square Footage Range: 479 – 4,215
  • Days on Market (Avg/Median): 46 / 30
  • Days on Market Range: 1 – 315
  • New Listings: 29
  • Total Listings: 341

Sales by Property Type

Condo
Avg/Median Price$1,051,972 / $875,000Range$295,000 – $6,499,000Price per Sq Ft$945 / $914Sq Ft1,083 / 962DOM47 / 32New25Total300
Land
Avg/Median Price$3,337,500 / $2,750,000Range$2,200,000 – $4,800,000Price per Sq FtSq FtDOM78 / 54New0Total4
Multi-Family
Avg/Median Price$2,046,661 / $1,695,000Range$1,099,777 – $3,345,000Price per Sq FtSq FtDOM45 / 24New2Total19
Single Family
Avg/Median Price$1,950,564 / $1,974,999Range$674,999 – $3,500,000Price per Sq Ft$866 / $866Sq Ft2,280 / 2,280DOM26 / 11New2Total14
Townhouse
Avg/Median Price$1,762,000 / $1,398,000Range$1,300,000 – $2,950,000Price per Sq Ft$755 / $742Sq Ft1,815 / 1,856DOM28 / 25New0Total4

Sales by Bedroom Count

Studio
Avg:$645,906Median:$629,000Range:$295,000 – $1,650,000PSF:$845 / $918Sq Ft:676 / 562DOM:59 / 47New:3Total:17
1 Beds
Avg:$727,028Median:$699,888Range:$350,000 – $3,500,000PSF:$915 / $893Sq Ft:768 / 759DOM:50 / 35New:5Total:114
2 Beds
Avg:$1,093,589Median:$1,025,000Range:$429,000 – $2,090,000PSF:$947 / $908Sq Ft:1,147 / 1,146DOM:44 / 25New:15Total:134
3 Beds
Avg:$1,780,467Median:$1,595,000Range:$799,000 – $4,048,000PSF:$1,038 / $961Sq Ft:1,727 / 1,685DOM:43 / 26New:2Total:44
4 Beds
Avg:$2,362,927Median:$1,725,000Range:$674,999 – $6,499,000PSF:$1,039 / $822Sq Ft:2,715 / 2,400DOM:48 / 11New:2Total:15
5 Beds
Avg:$2,809,714Median:$2,875,000Range:$1,549,000 – $4,949,000PSF:$1,174 / $1,174Sq Ft:4,215 / 4,215DOM:15 / 11New:0Total:7
6 Beds
Avg:$2,295,000Median:$2,295,000Range:$2,295,000 – $2,295,000PSF:Sq Ft:DOM:6 / 6New:1Total:1
7 Beds
Avg:$2,536,800Median:$2,950,000Range:$1,695,000 – $3,345,000PSF:Sq Ft:DOM:28 / 25New:1Total:5

Rental Market Overview

Median Rent
$3,510
−1.1%
Median DOM
20
−4.8%
New Listings
62
Inventory
552
+2.0%
  • Average Rent: $3,780
  • Median Rent: $3,510
  • Rent Range: $250 – $9,700
  • Rent per Sq Ft (Avg/Median): $5 / $5
  • Square Footage (Avg/Median): 845 / 774
  • Square Footage Range: 300 – 2,500
  • Days on Market (Avg/Median): 41 / 20
  • Days on Market Range: 1 – 355
  • New Listings: 62
  • Total Listings: 552

Rentals by Property Type

Apartment
$3,500
Median DOM: 29
Inventory: 200
MoM: −1.1%
Condo
$3,850
Median DOM: 12
Inventory: 90
MoM: −1.1%
Single Family
$3,200
Median DOM: 10
Inventory: 54
MoM: −1.1%
Townhouse
$3,400
Median DOM: 26
Inventory: 11
MoM: −1.1%
Apartment
Avg/Median Rent$3,739 / $3,500Range$1,500 – $8,000Rent per Sq Ft$5 / $5Sq Ft767 / 730DOM63 / 29New15Total200
Condo
Avg/Median Rent$4,105 / $3,850Range$1,750 – $8,000Rent per Sq Ft$4 / $4Sq Ft912 / 843DOM23 / 12New10Total90
Multi-Family
Avg/Median Rent$3,709 / $3,500Range$1,960 – $7,495Rent per Sq Ft$4 / $4Sq Ft908 / 840DOM40 / 22New24Total197
Single Family
Avg/Median Rent$3,518 / $3,200Range$250 – $9,700Rent per Sq Ft$4 / $4Sq Ft806 / 750DOM19 / 10New12Total54
Townhouse
Avg/Median Rent$4,410 / $3,400Range$2,800 – $8,395Rent per Sq Ft$5 / $4Sq Ft958 / 700DOM25 / 26New1Total11

Rentals by Bedroom Count

Studio
Avg:$2,940Median:$3,000Range:$250 – $5,200PSF:$6 / $6Sq Ft:541 / 518DOM:63 / 24New:1Total:71
1 Beds
Avg:$3,382Median:$3,375Range:$1,500 – $5,522PSF:$5 / $5Sq Ft:744 / 748DOM:41 / 22New:32Total:277
2 Beds
Avg:$4,450Median:$4,300Range:$2,150 – $8,000PSF:$4 / $4Sq Ft:1,057 / 1,084DOM:34 / 14New:20Total:168
3 Beds
Avg:$5,334Median:$5,300Range:$2,300 – $8,395PSF:$4 / $4Sq Ft:1,401 / 1,400DOM:50 / 19New:9Total:31
4 Beds
Avg:$4,599Median:$3,500Range:$3,500 – $7,495PSF:$3 / $3Sq Ft:2,500 / 2,500DOM:27 / 9New:0Total:4
5 Beds
Avg:$9,700Median:$9,700Range:$9,700 – $9,700PSF:Sq Ft:DOM:44 / 44New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$885,000Median DOM:55New:47Total:254
Jan 2026
Median Price:$895,000Median DOM:53New:64Total:258
Feb 2026
Median Price:$899,000Median DOM:43New:77Total:254
Mar 2026
Median Price:$899,000Median DOM:29New:102Total:291
Apr 2026
Median Price:$899,000Median DOM:28New:111Total:328
May 2026
Median Price:$930,000Median DOM:30New:29Total:341

6-Month Rental Trend

Dec 2025
Median Rent:$3,400Median DOM:32New:115Total:475
Jan 2026
Median Rent:$3,484Median DOM:34New:137Total:490
Feb 2026
Median Rent:$3,500Median DOM:29New:124Total:496
Mar 2026
Median Rent:$3,428Median DOM:23New:147Total:490
Apr 2026
Median Rent:$3,550Median DOM:21New:159Total:541
May 2026
Median Rent:$3,510Median DOM:20New:62Total:552

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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