ZIP 07305 Housing Market Report

New York Metro

Report period: March 2026

07305 Monthly Market Update – March 2026

ZIP 07305 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$599,900
+0.2%
Median DOM (Sales)
50
−5.7%
New Listings (Sales)
17
−50.0%
Median Rent
$2,350
−2.1%
Median DOM (Rental)
36
+5.9%
Total Rental Listings
492
−1.6%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Townhouse (20 DOM)
  • Fastest renting: Apartment (23 DOM)
  • Strongest bedroom: 8 Beds ($875,000 median)

Sales Market Overview

Median Price
$599,900
+0.2%
Median DOM
50
−5.7%
New Listings
17
−50.0%
Inventory
209
−1.4%
  • Average Price: $661,152
  • Median Price: $599,900
  • Price Range: $165,000 – $3,950,000
  • Price per Sq Ft (Avg/Median): $389 / $383
  • Square Footage (Avg/Median): 1,645 / 1,321
  • Square Footage Range: 481 – 19,998
  • Days on Market (Avg/Median): 70 / 50
  • Days on Market Range: 2 – 306
  • New Listings: 17
  • Total Listings: 209

Sales by Property Type

Condo
Avg/Median Price$463,466 / $440,000Range$165,000 – $875,000Price per Sq Ft$403 / $401Sq Ft1,159 / 1,100DOM68 / 51New7Total73
Land
Avg/Median Price$1,421,000 / $1,170,000Range$499,000 – $3,950,000Price per Sq FtSq FtDOM89 / 45New1Total8
Multi-Family
Avg/Median Price$758,463 / $715,000Range$379,999 – $1,599,999Price per Sq Ft$357 / $362Sq Ft3,184 / 1,968DOM72 / 51New8Total98
Single Family
Avg/Median Price$565,989 / $565,000Range$359,000 – $899,000Price per Sq Ft$289 / $268Sq Ft2,078 / 1,858DOM74 / 61New0Total19
Townhouse
Avg/Median Price$717,882 / $599,900Range$310,000 – $2,300,000Price per Sq Ft$430 / $382Sq Ft2,014 / 1,491DOM34 / 20New1Total11

Sales by Bedroom Count

Studio
Avg:$488,600Median:$565,000Range:$165,000 – $649,000PSF:$341 / $343Sq Ft:1,348 / 1,776DOM:59 / 51New:0Total:5
1 Beds
Avg:$354,514Median:$349,900Range:$168,000 – $459,000PSF:$449 / $456Sq Ft:789 / 766DOM:63 / 50New:4Total:22
2 Beds
Avg:$468,119Median:$450,000Range:$199,000 – $1,049,900PSF:$373 / $369Sq Ft:1,192 / 1,205DOM:71 / 55New:2Total:37
3 Beds
Avg:$564,493Median:$549,000Range:$345,000 – $875,000PSF:$377 / $370Sq Ft:1,685 / 1,530DOM:70 / 42New:1Total:28
4 Beds
Avg:$663,672Median:$679,000Range:$310,000 – $959,000PSF:$393 / $362Sq Ft:1,782 / 1,676DOM:82 / 64New:1Total:25
5 Beds
Avg:$748,442Median:$640,000Range:$489,000 – $2,300,000PSF:$442 / $428Sq Ft:2,365 / 1,861DOM:53 / 35New:3Total:24
6 Beds
Avg:$771,224Median:$695,000Range:$539,000 – $1,289,000PSF:$322 / $304Sq Ft:4,560 / 2,537DOM:63 / 48New:2Total:34
7 Beds
Avg:$846,375Median:$715,000Range:$590,000 – $1,599,999PSF:$344 / $358Sq Ft:1,986 / 2,000DOM:90 / 43New:3Total:16
8 Beds
Avg:$912,637Median:$875,000Range:$699,000 – $1,300,000PSF:$406 / $406Sq Ft:3,200 / 3,200DOM:73 / 36New:0Total:10

Rental Market Overview

Median Rent
$2,350
−2.1%
Median DOM
36
+5.9%
New Listings
66
Inventory
492
−1.6%
  • Average Rent: $2,473
  • Median Rent: $2,350
  • Rent Range: $875 – $6,995
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 967 / 900
  • Square Footage Range: 378 – 3,500
  • Days on Market (Avg/Median): 53 / 36
  • Days on Market Range: 1 – 346
  • New Listings: 66
  • Total Listings: 492

Rentals by Property Type

Apartment
$2,270
Median DOM: 23
Inventory: 215
MoM: −2.1%
Condo
$2,499
Median DOM: 49
Inventory: 25
MoM: −2.1%
Single Family
$2,200
Median DOM: 25
Inventory: 29
MoM: −2.1%
Townhouse
$3,000
Median DOM: 33
Inventory: 13
MoM: −2.1%
Apartment
Avg/Median Rent$2,378 / $2,270Range$1,300 – $5,500Rent per Sq Ft$3 / $3Sq Ft840 / 800DOM49 / 23New44Total215
Condo
Avg/Median Rent$2,766 / $2,499Range$875 – $6,800Rent per Sq Ft$3 / $3Sq Ft1,217 / 1,175DOM56 / 49New0Total25
Multi-Family
Avg/Median Rent$2,508 / $2,400Range$1,400 – $5,800Rent per Sq Ft$3 / $3Sq Ft1,050 / 1,000DOM59 / 43New17Total210
Single Family
Avg/Median Rent$2,256 / $2,200Range$1,650 – $3,200Rent per Sq Ft$2 / $2Sq Ft932 / 927DOM43 / 25New5Total29
Townhouse
Avg/Median Rent$3,415 / $3,000Range$2,000 – $6,995Rent per Sq Ft$2 / $2Sq Ft1,475 / 1,444DOM51 / 33New0Total13

Rentals by Bedroom Count

Studio
Avg:$2,135Median:$2,055Range:$1,550 – $3,300PSF:$4 / $5Sq Ft:495 / 443DOM:57 / 27New:4Total:44
1 Beds
Avg:$2,109Median:$2,000Range:$1,150 – $4,473PSF:$3 / $3Sq Ft:706 / 666DOM:35 / 27New:12Total:88
2 Beds
Avg:$2,420Median:$2,200Range:$1,375 – $5,200PSF:$3 / $3Sq Ft:1,011 / 950DOM:66 / 44New:14Total:157
3 Beds
Avg:$2,683Median:$2,500Range:$1,750 – $6,995PSF:$2 / $2Sq Ft:1,216 / 1,000DOM:50 / 36New:32Total:166
4 Beds
Avg:$2,998Median:$3,000Range:$2,150 – $4,700PSF:$2 / $2Sq Ft:1,655 / 1,300DOM:60 / 43New:2Total:31
5 Beds
Avg:$3,178Median:$3,200Range:$875 – $4,500PSF:$2 / $2Sq Ft:1,700 / 1,400DOM:29 / 11New:2Total:6

6-Month Sales Trend

Oct 2025
Median Price:$599,999Median DOM:46New:42Total:229
Nov 2025
Median Price:$599,000Median DOM:51New:48Total:218
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:50New:17Total:209

6-Month Rental Trend

Oct 2025
Median Rent:$2,400Median DOM:32New:157Total:477
Nov 2025
Median Rent:$2,400Median DOM:34New:156Total:502
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:$2,350Median DOM:36New:66Total:492

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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