ZIP 07305 Housing Market Report

New York Metro

Report period: May 2026

07305 Monthly Market Update – May 2026

ZIP 07305 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$599,000
0.0%
Median DOM (Sales)
33
−15.4%
New Listings (Sales)
25
−63.8%
Median Rent
$2,400
0.0%
Median DOM (Rental)
31
−6.1%
Total Rental Listings
449
−0.9%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (26 DOM)
  • Fastest renting: Apartment (20 DOM)
  • Strongest bedroom: 8 Beds ($979,999 median)

Sales Market Overview

Median Price
$599,000
0.0%
Median DOM
33
−15.4%
New Listings
25
−63.8%
Inventory
238
+0.8%
  • Average Price: $653,564
  • Median Price: $599,000
  • Price Range: $165,000 – $3,950,000
  • Price per Sq Ft (Avg/Median): $384 / $390
  • Square Footage (Avg/Median): 1,761 / 1,381
  • Square Footage Range: 481 – 19,998
  • Days on Market (Avg/Median): 54 / 33
  • Days on Market Range: 2 – 362
  • New Listings: 25
  • Total Listings: 238

Sales by Property Type

Condo
Avg/Median Price$487,570 / $459,000Range$165,000 – $999,000Price per Sq Ft$398 / $391Sq Ft1,249 / 1,200DOM50 / 33New10Total100
Land
Avg/Median Price$1,511,333 / $1,200,000Range$469,000 – $3,950,000Price per Sq FtSq FtDOM106 / 66New0Total6
Multi-Family
Avg/Median Price$771,348 / $719,000Range$415,000 – $1,625,000Price per Sq Ft$325 / $337Sq Ft4,272 / 1,968DOM58 / 38New12Total95
Single Family
Avg/Median Price$617,620 / $585,000Range$300,000 – $1,265,000Price per Sq Ft$350 / $344Sq Ft1,866 / 1,600DOM41 / 26New3Total25
Townhouse
Avg/Median Price$750,392 / $599,000Range$408,000 – $2,300,000Price per Sq Ft$388 / $377Sq Ft2,008 / 1,676DOM53 / 32New0Total12

Sales by Bedroom Count

Studio
Avg:$548,487Median:$559,900Range:$165,000 – $1,075,000PSF:$348 / $343Sq Ft:1,603 / 1,776DOM:91 / 94New:0Total:8
1 Beds
Avg:$332,313Median:$339,000Range:$170,000 – $459,000PSF:$430 / $440Sq Ft:780 / 766DOM:49 / 29New:1Total:30
2 Beds
Avg:$455,850Median:$450,000Range:$199,900 – $650,000PSF:$384 / $390Sq Ft:1,199 / 1,200DOM:52 / 39New:3Total:42
3 Beds
Avg:$648,692Median:$599,000Range:$424,900 – $1,200,000PSF:$379 / $373Sq Ft:1,793 / 1,725DOM:40 / 28New:7Total:38
4 Beds
Avg:$679,690Median:$699,000Range:$379,999 – $999,999PSF:$370 / $367Sq Ft:1,864 / 1,988DOM:60 / 30New:0Total:29
5 Beds
Avg:$772,026Median:$649,000Range:$489,000 – $2,300,000PSF:$432 / $404Sq Ft:2,518 / 1,861DOM:42 / 32New:4Total:24
6 Beds
Avg:$794,439Median:$699,000Range:$539,000 – $1,625,000PSF:$281 / $268Sq Ft:6,849 / 1,968DOM:59 / 45New:6Total:36
7 Beds
Avg:$803,978Median:$739,999Range:$590,000 – $1,150,000PSF:$300 / $311Sq Ft:2,505 / 2,026DOM:63 / 36New:1Total:14
8 Beds
Avg:$930,172Median:$979,999Range:$480,000 – $1,300,000PSF:$435 / $406Sq Ft:2,961 / 2,722DOM:48 / 25New:3Total:11

Rental Market Overview

Median Rent
$2,400
0.0%
Median DOM
31
−6.1%
New Listings
59
Inventory
449
−0.9%
  • Average Rent: $2,508
  • Median Rent: $2,400
  • Rent Range: $875 – $8,500
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,010 / 950
  • Square Footage Range: 417 – 3,000
  • Days on Market (Avg/Median): 51 / 31
  • Days on Market Range: 1 – 342
  • New Listings: 59
  • Total Listings: 449

Rentals by Property Type

Apartment
$2,295
Median DOM: 20
Inventory: 169
MoM: 0.0%
Condo
$2,700
Median DOM: 31
Inventory: 24
MoM: 0.0%
Single Family
$2,200
Median DOM: 25
Inventory: 38
MoM: 0.0%
Townhouse
$2,950
Median DOM: 22
Inventory: 14
MoM: 0.0%
Apartment
Avg/Median Rent$2,392 / $2,295Range$1,300 – $4,526Rent per Sq Ft$3 / $3Sq Ft808 / 800DOM44 / 20New32Total169
Condo
Avg/Median Rent$2,694 / $2,700Range$875 – $6,800Rent per Sq Ft$3 / $2Sq Ft1,224 / 1,286DOM42 / 31New3Total24
Multi-Family
Avg/Median Rent$2,591 / $2,500Range$1,500 – $8,500Rent per Sq Ft$3 / $2Sq Ft1,156 / 1,056DOM59 / 41New19Total204
Single Family
Avg/Median Rent$2,231 / $2,200Range$1,650 – $3,600Rent per Sq Ft$2 / $2Sq Ft972 / 900DOM49 / 25New4Total38
Townhouse
Avg/Median Rent$3,136 / $2,950Range$1,900 – $5,700Rent per Sq Ft$2 / $2Sq Ft1,472 / 1,367DOM27 / 22New1Total14

Rentals by Bedroom Count

Studio
Avg:$2,107Median:$2,030Range:$1,550 – $3,761PSF:$5 / $5Sq Ft:470 / 443DOM:48 / 23New:1Total:37
1 Beds
Avg:$2,217Median:$2,075Range:$1,100 – $4,526PSF:$3 / $3Sq Ft:727 / 672DOM:46 / 34New:8Total:75
2 Beds
Avg:$2,439Median:$2,200Range:$1,300 – $5,200PSF:$3 / $3Sq Ft:985 / 943DOM:54 / 28New:19Total:133
3 Beds
Avg:$2,640Median:$2,500Range:$1,650 – $6,800PSF:$2 / $2Sq Ft:1,187 / 1,100DOM:52 / 33New:27Total:165
4 Beds
Avg:$3,157Median:$2,900Range:$2,150 – $8,500PSF:$2 / $2Sq Ft:1,765 / 1,400DOM:47 / 32New:3Total:34
5 Beds
Avg:$2,935Median:$3,200Range:$875 – $4,000PSF:$2 / $2Sq Ft:1,700 / 1,400DOM:34 / 2New:1Total:5

6-Month Sales Trend

Dec 2025
Median Price:$599,000Median DOM:57New:40Total:201
Jan 2026
Median Price:$599,000Median DOM:59New:58Total:214
Feb 2026
Median Price:$599,000Median DOM:53New:34Total:212
Mar 2026
Median Price:$599,900Median DOM:49New:69Total:225
Apr 2026
Median Price:$599,000Median DOM:39New:69Total:236
May 2026
Median Price:$599,000Median DOM:33New:25Total:238

6-Month Rental Trend

Dec 2025
Median Rent:$2,400Median DOM:38New:141Total:497
Jan 2026
Median Rent:$2,400Median DOM:34New:165Total:491
Feb 2026
Median Rent:$2,400Median DOM:34New:145Total:500
Mar 2026
Median Rent:$2,399Median DOM:35New:144Total:464
Apr 2026
Median Rent:$2,400Median DOM:33New:133Total:453
May 2026
Median Rent:$2,400Median DOM:31New:59Total:449

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. 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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