ZIP 07307 Housing Market Report
New York Metro
Report period: May 2026
07307 Monthly Market Update – May 2026
ZIP 07307 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$850,000
0.0%
Median DOM (Sales)
31
+3.3%
New Listings (Sales)
24
−73.9%
Median Rent
$2,700
0.0%
Median DOM (Rental)
25
−3.8%
Total Rental Listings
375
+5.3%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (14 DOM)
- Fastest renting: Condo (19 DOM)
- Strongest bedroom: 6 Beds ($1,300,000 median)
Sales Market Overview
Median Price
$850,000
0.0%
Median DOM
31
+3.3%
New Listings
24
−73.9%
Inventory
275
+3.0%
- Average Price: $900,401
- Median Price: $850,000
- Price Range: $290,000 – $2,475,000
- Price per Sq Ft (Avg/Median): $612 / $606
- Square Footage (Avg/Median): 1,374 / 1,348
- Square Footage Range: 450 – 3,900
- Days on Market (Avg/Median): 40 / 31
- Days on Market Range: 2 – 211
- New Listings: 24
- Total Listings: 275
Sales by Property Type
Condo
Avg/Median Price$795,115 / $825,000Range$290,000 – $1,690,000Price per Sq Ft$613 / $607Sq Ft1,316 / 1,321DOM42 / 34New11Total196
Land
Avg/Median Price$926,295 / $998,888Range$779,999 – $999,999Price per Sq Ft—Sq Ft—DOM55 / 29New0Total3
Multi-Family
Avg/Median Price$1,260,714 / $1,175,000Range$695,000 – $2,475,000Price per Sq Ft$373 / $333Sq Ft3,283 / 3,350DOM43 / 28New7Total49
Single Family
Avg/Median Price$1,017,954 / $899,000Range$474,900 – $2,395,000Price per Sq Ft$648 / $556Sq Ft1,752 / 1,430DOM20 / 14New6Total26
Townhouse
Avg/Median Price$747,000 / $747,000Range$747,000 – $747,000Price per Sq Ft$603 / $603Sq Ft1,238 / 1,238DOM41 / 41New0Total1
Sales by Bedroom Count
1 Beds
Avg:$427,519Median:$399,000Range:$290,000 – $840,000PSF:$613 / $565Sq Ft:700 / 700DOM:49 / 40New:1Total:26
2 Beds
Avg:$579,513Median:$555,000Range:$335,000 – $998,000PSF:$588 / $587Sq Ft:979 / 927DOM:36 / 27New:6Total:54
3 Beds
Avg:$952,276Median:$899,000Range:$515,000 – $1,750,000PSF:$632 / $622Sq Ft:1,508 / 1,464DOM:42 / 34New:5Total:118
4 Beds
Avg:$1,077,242Median:$975,000Range:$695,000 – $1,799,000PSF:$605 / $510Sq Ft:2,005 / 1,952DOM:37 / 29New:1Total:31
5 Beds
Avg:$1,089,833Median:$899,000Range:$759,000 – $1,724,000PSF:$437 / $457Sq Ft:2,651 / 3,000DOM:19 / 11New:4Total:12
6 Beds
Avg:$1,405,222Median:$1,300,000Range:$799,999 – $2,195,000PSF:—Sq Ft:—DOM:52 / 33New:3Total:18
7 Beds
Avg:$1,579,875Median:$1,299,000Range:$1,100,000 – $2,475,000PSF:$614 / $614Sq Ft:3,900 / 3,900DOM:40 / 13New:3Total:8
8 Beds
Avg:$1,129,600Median:$1,100,000Range:$899,000 – $1,300,000PSF:$328 / $328Sq Ft:3,350 / 3,350DOM:27 / 13New:1Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $427,519 | $399,000 | $290,000 – $840,000 | $613 / $565 | 700 / 700 | 49 / 40 | 1 | 26 |
| 2 Beds | $579,513 | $555,000 | $335,000 – $998,000 | $588 / $587 | 979 / 927 | 36 / 27 | 6 | 54 |
| 3 Beds | $952,276 | $899,000 | $515,000 – $1,750,000 | $632 / $622 | 1,508 / 1,464 | 42 / 34 | 5 | 118 |
| 4 Beds | $1,077,242 | $975,000 | $695,000 – $1,799,000 | $605 / $510 | 2,005 / 1,952 | 37 / 29 | 1 | 31 |
| 5 Beds | $1,089,833 | $899,000 | $759,000 – $1,724,000 | $437 / $457 | 2,651 / 3,000 | 19 / 11 | 4 | 12 |
| 6 Beds | $1,405,222 | $1,300,000 | $799,999 – $2,195,000 | — | — | 52 / 33 | 3 | 18 |
| 7 Beds | $1,579,875 | $1,299,000 | $1,100,000 – $2,475,000 | $614 / $614 | 3,900 / 3,900 | 40 / 13 | 3 | 8 |
| 8 Beds | $1,129,600 | $1,100,000 | $899,000 – $1,300,000 | $328 / $328 | 3,350 / 3,350 | 27 / 13 | 1 | 5 |
Rental Market Overview
Median Rent
$2,700
0.0%
Median DOM
25
−3.8%
New Listings
65
Inventory
375
+5.3%
- Average Rent: $2,858
- Median Rent: $2,700
- Rent Range: $800 – $9,521
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,031 / 925
- Square Footage Range: 458 – 3,636
- Days on Market (Avg/Median): 39 / 25
- Days on Market Range: 1 – 306
- New Listings: 65
- Total Listings: 375
Rentals by Property Type
Apartment
$2,500
Median DOM: 23
Inventory: 120
MoM: 0.0%
Condo
$2,800
Median DOM: 19
Inventory: 21
MoM: 0.0%
Single Family
$2,500
Median DOM: 20
Inventory: 28
MoM: 0.0%
Townhouse
$2,995
Median DOM: 21
Inventory: 14
MoM: 0.0%
Apartment
Avg/Median Rent$2,695 / $2,500Range$1,145 – $9,521Rent per Sq Ft$3 / $3Sq Ft976 / 900DOM40 / 23New28Total120
Condo
Avg/Median Rent$3,031 / $2,800Range$800 – $6,000Rent per Sq Ft$3 / $3Sq Ft896 / 900DOM33 / 19New6Total21
Multi-Family
Avg/Median Rent$2,972 / $2,800Range$1,300 – $7,295Rent per Sq Ft$3 / $3Sq Ft1,046 / 991DOM41 / 28New21Total192
Single Family
Avg/Median Rent$2,631 / $2,500Range$1,500 – $5,100Rent per Sq Ft$3 / $2Sq Ft1,230 / 1,000DOM26 / 20New6Total28
Townhouse
Avg/Median Rent$2,874 / $2,995Range$1,500 – $3,800Rent per Sq Ft$3 / $3Sq Ft1,061 / 1,008DOM25 / 21New4Total14
Rentals by Bedroom Count
Studio
Avg:$2,358Median:$2,550Range:$1,145 – $3,375PSF:$5 / $5Sq Ft:596 / 570DOM:34 / 26New:1Total:9
1 Beds
Avg:$2,130Median:$2,018Range:$800 – $3,750PSF:$3 / $3Sq Ft:703 / 654DOM:41 / 21New:11Total:75
2 Beds
Avg:$2,668Median:$2,600Range:$1,500 – $9,521PSF:$3 / $3Sq Ft:934 / 900DOM:34 / 24New:27Total:155
3 Beds
Avg:$3,429Median:$3,200Range:$2,075 – $7,295PSF:$3 / $3Sq Ft:1,355 / 1,300DOM:42 / 27New:24Total:116
4 Beds
Avg:$3,964Median:$3,500Range:$2,400 – $6,500PSF:$3 / $2Sq Ft:1,619 / 1,442DOM:56 / 39New:2Total:20
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,358 | $2,550 | $1,145 – $3,375 | $5 / $5 | 596 / 570 | 34 / 26 | 1 | 9 |
| 1 Beds | $2,130 | $2,018 | $800 – $3,750 | $3 / $3 | 703 / 654 | 41 / 21 | 11 | 75 |
| 2 Beds | $2,668 | $2,600 | $1,500 – $9,521 | $3 / $3 | 934 / 900 | 34 / 24 | 27 | 155 |
| 3 Beds | $3,429 | $3,200 | $2,075 – $7,295 | $3 / $3 | 1,355 / 1,300 | 42 / 27 | 24 | 116 |
| 4 Beds | $3,964 | $3,500 | $2,400 – $6,500 | $3 / $2 | 1,619 / 1,442 | 56 / 39 | 2 | 20 |
6-Month Sales Trend
Dec 2025
Median Price:$899,000Median DOM:49New:46Total:207
Jan 2026
Median Price:$849,900Median DOM:43New:75Total:193
Feb 2026
Median Price:$856,100Median DOM:37New:50Total:196
Mar 2026
Median Price:$849,000Median DOM:28New:98Total:227
Apr 2026
Median Price:$850,000Median DOM:30New:92Total:267
May 2026
Median Price:$850,000Median DOM:31New:24Total:275
6-Month Rental Trend
Dec 2025
Median Rent:$2,600Median DOM:34New:87Total:319
Jan 2026
Median Rent:$2,700Median DOM:32New:100Total:299
Feb 2026
Median Rent:$2,750Median DOM:29New:99Total:321
Mar 2026
Median Rent:$2,700Median DOM:24New:121Total:330
Apr 2026
Median Rent:$2,700Median DOM:26New:121Total:356
May 2026
Median Rent:$2,700Median DOM:25New:65Total:375
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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