ZIP 07304 Housing Market Report

New York Metro

Report period: May 2026

07304 Monthly Market Update – May 2026

ZIP 07304 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$679,900
−6.2%
Median DOM (Sales)
33
−8.3%
New Listings (Sales)
17
−67.9%
Median Rent
$2,400
+0.5%
Median DOM (Rental)
25
−10.7%
Total Rental Listings
541
+2.5%

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: Townhouse (22 DOM)
  • Fastest renting: Single Family (15 DOM)
  • Strongest bedroom: 7 Beds ($995,000 median)

Sales Market Overview

Median Price
$679,900
−6.2%
Median DOM
33
−8.3%
New Listings
17
−67.9%
Inventory
181
+7.1%
  • Average Price: $718,038
  • Median Price: $679,900
  • Price Range: $140,000 – $4,500,000
  • Price per Sq Ft (Avg/Median): $436 / $441
  • Square Footage (Avg/Median): 1,588 / 1,368
  • Square Footage Range: 456 – 19,998
  • Days on Market (Avg/Median): 55 / 33
  • Days on Market Range: 2 – 361
  • New Listings: 17
  • Total Listings: 181

Sales by Property Type

Condo
Avg/Median Price$544,402 / $569,000Range$140,000 – $1,499,999Price per Sq Ft$451 / $456Sq Ft1,212 / 1,293DOM53 / 33New8Total91
Land
Avg/Median Price$1,624,857 / $775,000Range$599,000 – $4,500,000Price per Sq FtSq FtDOM112 / 90New1Total7
Multi-Family
Avg/Median Price$924,692 / $849,000Range$495,000 – $1,700,000Price per Sq Ft$336 / $281Sq Ft4,988 / 2,844DOM52 / 29New6Total57
Single Family
Avg/Median Price$624,287 / $599,000Range$374,999 – $999,998Price per Sq Ft$365 / $327Sq Ft2,234 / 1,687DOM54 / 33New2Total24
Townhouse
Avg/Median Price$680,000 / $425,000Range$425,000 – $935,000Price per Sq Ft$374 / $374Sq Ft2,500 / 2,500DOM45 / 22New0Total2

Sales by Bedroom Count

Studio
Avg:$610,750Median:$469,000Range:$275,000 – $1,099,000PSF:$427 / $263Sq Ft:2,318 / 465DOM:104 / 78New:0Total:4
1 Beds
Avg:$269,954Median:$245,000Range:$140,000 – $450,000PSF:$421 / $404Sq Ft:683 / 609DOM:59 / 27New:4Total:22
2 Beds
Avg:$416,086Median:$374,999Range:$318,000 – $725,000PSF:$423 / $409Sq Ft:985 / 975DOM:76 / 55New:2Total:21
3 Beds
Avg:$688,798Median:$699,000Range:$199,000 – $1,499,999PSF:$461 / $478Sq Ft:1,542 / 1,469DOM:48 / 31New:5Total:66
4 Beds
Avg:$748,118Median:$699,000Range:$580,000 – $1,100,000PSF:$407 / $496Sq Ft:4,399 / 1,665DOM:41 / 33New:1Total:17
5 Beds
Avg:$901,082Median:$859,900Range:$599,999 – $1,298,000PSF:$376 / $374Sq Ft:2,483 / 2,500DOM:47 / 25New:2Total:11
6 Beds
Avg:$956,645Median:$799,000Range:$615,000 – $1,700,000PSF:$281 / $281Sq Ft:2,844 / 2,844DOM:61 / 41New:0Total:15
7 Beds
Avg:$1,087,445Median:$995,000Range:$549,900 – $1,650,000PSF:$508 / $508Sq Ft:2,950 / 2,950DOM:24 / 18New:1Total:11
8 Beds
Avg:$1,009,857Median:$975,000Range:$724,999 – $1,450,000PSF:$322 / $275Sq Ft:3,219 / 2,438DOM:50 / 64New:1Total:7

Rental Market Overview

Median Rent
$2,400
+0.5%
Median DOM
25
−10.7%
New Listings
71
Inventory
541
+2.5%
  • Average Rent: $2,500
  • Median Rent: $2,400
  • Rent Range: $995 – $5,700
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 912 / 800
  • Square Footage Range: 289 – 4,510
  • Days on Market (Avg/Median): 45 / 25
  • Days on Market Range: 1 – 347
  • New Listings: 71
  • Total Listings: 541

Rentals by Property Type

Apartment
$2,300
Median DOM: 32
Inventory: 207
MoM: +0.5%
Condo
$2,450
Median DOM: 28
Inventory: 27
MoM: +0.5%
Single Family
$2,300
Median DOM: 15
Inventory: 116
MoM: +0.5%
Townhouse
$2,950
Median DOM: 18
Inventory: 18
MoM: +0.5%
Apartment
Avg/Median Rent$2,415 / $2,300Range$995 – $4,115Rent per Sq Ft$3 / $3Sq Ft857 / 800DOM55 / 32New16Total207
Condo
Avg/Median Rent$2,519 / $2,450Range$1,375 – $5,700Rent per Sq Ft$3 / $3Sq Ft838 / 764DOM42 / 28New1Total27
Multi-Family
Avg/Median Rent$2,508 / $2,500Range$1,300 – $4,010Rent per Sq Ft$3 / $3Sq Ft932 / 845DOM50 / 39New19Total173
Single Family
Avg/Median Rent$2,510 / $2,300Range$1,400 – $5,250Rent per Sq Ft$3 / $3Sq Ft868 / 750DOM25 / 15New32Total116
Townhouse
Avg/Median Rent$3,316 / $2,950Range$1,990 – $5,500Rent per Sq Ft$3 / $3Sq Ft1,520 / 1,300DOM34 / 18New3Total18

Rentals by Bedroom Count

Studio
Avg:$2,065Median:$2,100Range:$1,300 – $2,653PSF:$4 / $4Sq Ft:511 / 500DOM:43 / 16New:7Total:67
1 Beds
Avg:$2,246Median:$2,300Range:$995 – $4,044PSF:$3 / $3Sq Ft:705 / 700DOM:42 / 22New:25Total:192
2 Beds
Avg:$2,688Median:$2,800Range:$1,400 – $4,115PSF:$3 / $3Sq Ft:931 / 870DOM:44 / 26New:30Total:183
3 Beds
Avg:$2,852Median:$2,650Range:$2,000 – $5,700PSF:$2 / $2Sq Ft:1,373 / 1,300DOM:51 / 40New:9Total:85
4 Beds
Avg:$3,044Median:$3,275Range:$2,075 – $4,500PSF:$2 / $2Sq Ft:1,679 / 1,500DOM:80 / 82New:0Total:9
5 Beds
Avg:$3,617Median:$3,750Range:$2,900 – $4,200PSF:Sq Ft:DOM:31 / 32New:0Total:3
6 Beds
Avg:$5,245Median:$4,990Range:$4,990 – $5,500PSF:$2 / $2Sq Ft:3,268 / 3,236DOM:41 / 20New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$649,000Median DOM:58New:32Total:184
Jan 2026
Median Price:$649,000Median DOM:54New:48Total:172
Feb 2026
Median Price:$650,000Median DOM:43New:33Total:161
Mar 2026
Median Price:$649,000Median DOM:33New:49Total:163
Apr 2026
Median Price:$724,888Median DOM:36New:53Total:169
May 2026
Median Price:$679,900Median DOM:33New:17Total:181

6-Month Rental Trend

Dec 2025
Median Rent:$2,430Median DOM:38New:161Total:546
Jan 2026
Median Rent:$2,395Median DOM:29New:170Total:554
Feb 2026
Median Rent:$2,350Median DOM:29New:152Total:550
Mar 2026
Median Rent:$2,350Median DOM:29New:156Total:545
Apr 2026
Median Rent:$2,389Median DOM:28New:147Total:528
May 2026
Median Rent:$2,400Median DOM:25New:71Total:541

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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