ZIP 07304 Housing Market Report

New York Metro

Report period: August 2026

07304 Monthly Market Update – August 2026

ZIP 07304 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$700,000
+0.1%
Median DOM (Sales)
41
−4.7%
New Listings (Sales)
24
−61.3%
Median Rent
$2,475
0.0%
Median DOM (Rental)
27
+12.5%
Total Rental Listings
564
−3.1%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (28 DOM)
  • Fastest renting: Single Family (15 DOM)
  • Strongest bedroom: 8 Beds ($999,999 median)

Sales Market Overview

Median Price
$700,000
+0.1%
Median DOM
41
−4.7%
New Listings
24
−61.3%
Inventory
203
−0.5%
  • Average Price: $728,148
  • Median Price: $700,000
  • Price Range: $89,000 – $4,500,000
  • Price per Sq Ft (Avg/Median): $428 / $428
  • Square Footage (Avg/Median): 1,590 / 1,400
  • Square Footage Range: 408 – 19,998
  • Days on Market (Avg/Median): 55 / 41
  • Days on Market Range: 1 – 312
  • New Listings: 24
  • Total Listings: 203

Sales by Property Type

Condo
Avg/Median Price$552,726 / $599,000Range$89,000 – $899,000Price per Sq Ft$442 / $441Sq Ft1,249 / 1,287DOM49 / 35New14Total101
Land
Avg/Median Price$1,395,889 / $925,000Range$199,000 – $4,500,000Price per Sq FtSq FtDOM77 / 71New0Total9
Multi-Family
Avg/Median Price$934,375 / $849,000Range$485,000 – $1,698,000Price per Sq Ft$381 / $338Sq Ft4,229 / 2,440DOM59 / 43New5Total70
Single Family
Avg/Median Price$600,932 / $575,000Range$265,000 – $999,998Price per Sq Ft$322 / $314Sq Ft1,884 / 1,896DOM65 / 34New5Total22
Townhouse
Avg/Median Price$799,000 / $799,000Range$799,000 – $799,000Price per Sq Ft$488 / $488Sq Ft1,637 / 1,637DOM28 / 28New0Total1

Sales by Bedroom Count

Studio
Avg:$444,633Median:$350,000Range:$89,000 – $999,900PSF:$335 / $240Sq Ft:1,526 / 530DOM:55 / 11New:1Total:6
1 Beds
Avg:$266,406Median:$245,000Range:$129,000 – $495,000PSF:$418 / $415Sq Ft:639 / 609DOM:85 / 55New:0Total:18
2 Beds
Avg:$464,970Median:$449,999Range:$235,000 – $720,000PSF:$428 / $416Sq Ft:1,090 / 1,020DOM:47 / 43New:1Total:20
3 Beds
Avg:$649,662Median:$687,000Range:$265,000 – $899,000PSF:$451 / $466Sq Ft:1,466 / 1,444DOM:50 / 33New:15Total:69
4 Beds
Avg:$753,089Median:$747,000Range:$399,000 – $999,998PSF:$360 / $380Sq Ft:3,639 / 2,000DOM:51 / 40New:4Total:28
5 Beds
Avg:$944,164Median:$925,000Range:$575,000 – $1,400,000PSF:$465 / $442Sq Ft:2,584 / 2,000DOM:47 / 43New:1Total:11
6 Beds
Avg:$973,340Median:$849,000Range:$485,000 – $1,698,000PSF:$301 / $281Sq Ft:3,094 / 2,844DOM:65 / 54New:0Total:17
7 Beds
Avg:$996,886Median:$895,000Range:$699,000 – $1,488,877PSF:$331 / $307Sq Ft:3,320 / 2,440DOM:44 / 35New:1Total:11
8 Beds
Avg:$1,048,357Median:$999,999Range:$599,000 – $1,698,000PSF:$1,004 / $1,004Sq Ft:1,692 / 1,692DOM:52 / 41New:1Total:14

Rental Market Overview

Median Rent
$2,475
0.0%
Median DOM
27
+12.5%
New Listings
61
Inventory
564
−3.1%
  • Average Rent: $2,597
  • Median Rent: $2,475
  • Rent Range: $1,075 – $6,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 927 / 800
  • Square Footage Range: 291 – 4,510
  • Days on Market (Avg/Median): 46 / 27
  • Days on Market Range: 1 – 348
  • New Listings: 61
  • Total Listings: 564

Rentals by Property Type

Apartment
$2,300
Median DOM: 32
Inventory: 204
MoM: 0.0%
Condo
$2,200
Median DOM: 27
Inventory: 32
MoM: 0.0%
Single Family
$2,675
Median DOM: 15
Inventory: 126
MoM: 0.0%
Townhouse
$3,000
Median DOM: 40
Inventory: 10
MoM: 0.0%
Apartment
Avg/Median Rent$2,360 / $2,300Range$1,075 – $4,750Rent per Sq Ft$3 / $3Sq Ft817 / 750DOM57 / 32New21Total204
Condo
Avg/Median Rent$2,488 / $2,200Range$1,400 – $5,200Rent per Sq Ft$3 / $3Sq Ft901 / 710DOM45 / 27New9Total32
Multi-Family
Avg/Median Rent$2,650 / $2,550Range$1,500 – $6,000Rent per Sq Ft$3 / $3Sq Ft995 / 890DOM52 / 43New13Total192
Single Family
Avg/Median Rent$2,877 / $2,675Range$1,800 – $4,500Rent per Sq Ft$3 / $3Sq Ft1,129 / 1,100DOM22 / 15New17Total126
Townhouse
Avg/Median Rent$3,219 / $3,000Range$2,100 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,806 / 1,300DOM44 / 40New1Total10

Rentals by Bedroom Count

Studio
Avg:$2,116Median:$2,050Range:$1,546 – $2,825PSF:$4 / $4Sq Ft:487 / 483DOM:81 / 67New:1Total:36
1 Beds
Avg:$2,221Median:$2,256Range:$1,075 – $2,960PSF:$3 / $3Sq Ft:708 / 700DOM:39 / 20New:19Total:196
2 Beds
Avg:$2,751Median:$2,795Range:$1,400 – $4,475PSF:$3 / $3Sq Ft:930 / 888DOM:43 / 24New:27Total:205
3 Beds
Avg:$2,974Median:$2,800Range:$1,900 – $5,800PSF:$2 / $2Sq Ft:1,322 / 1,250DOM:52 / 40New:10Total:105
4 Beds
Avg:$3,382Median:$3,050Range:$1,750 – $6,000PSF:$2 / $2Sq Ft:1,413 / 1,350DOM:40 / 36New:4Total:19
5 Beds
Avg:$3,800Median:$3,800Range:$3,800 – $3,800PSF:Sq Ft:DOM:18 / 18New:0Total:1
6 Beds
Avg:$4,400Median:$3,300Range:$3,300 – $5,500PSF:$2 / $2Sq Ft:3,236 / 3,236DOM:75 / 73New:0Total:2

6-Month Sales Trend

Mar 2026
Median Price:$649,000Median DOM:33New:49Total:163
Apr 2026
Median Price:$724,888Median DOM:36New:53Total:169
May 2026
Median Price:$689,000Median DOM:33New:62Total:188
Jun 2026
Median Price:$695,000Median DOM:35New:61Total:199
Jul 2026
Median Price:$699,000Median DOM:43New:62Total:204
Aug 2026
Median Price:$700,000Median DOM:41New:24Total:203

6-Month Rental Trend

Mar 2026
Median Rent:$2,350Median DOM:29New:156Total:545
Apr 2026
Median Rent:$2,389Median DOM:28New:147Total:528
May 2026
Median Rent:$2,445Median DOM:26New:176Total:535
Jun 2026
Median Rent:$2,500Median DOM:25New:174Total:579
Jul 2026
Median Rent:$2,475Median DOM:24New:163Total:582
Aug 2026
Median Rent:$2,475Median DOM:27New:61Total:564

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving 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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