ZIP 07307 Housing Market Report

New York Metro

Report period: August 2026

07307 Monthly Market Update – August 2026

ZIP 07307 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$825,000
−1.8%
Median DOM (Sales)
33
−2.9%
New Listings (Sales)
33
−68.6%
Median Rent
$2,750
0.0%
Median DOM (Rental)
26
+4.0%
Total Rental Listings
404
+0.2%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (32 DOM)
  • Fastest renting: Condo (14 DOM)
  • Strongest bedroom: 6 Beds ($1,299,000 median)

Sales Market Overview

Median Price
$825,000
−1.8%
Median DOM
33
−2.9%
New Listings
33
−68.6%
Inventory
309
−0.3%
  • Average Price: $884,673
  • Median Price: $825,000
  • Price Range: $249,900 – $2,700,000
  • Price per Sq Ft (Avg/Median): $593 / $589
  • Square Footage (Avg/Median): 1,361 / 1,368
  • Square Footage Range: 446 – 3,900
  • Days on Market (Avg/Median): 46 / 33
  • Days on Market Range: 2 – 279
  • New Listings: 33
  • Total Listings: 309

Sales by Property Type

Condo
Avg/Median Price$779,712 / $798,999Range$249,900 – $1,795,000Price per Sq Ft$598 / $590Sq Ft1,321 / 1,356DOM42 / 32New29Total230
Land
Avg/Median Price$873,332 / $839,999Range$779,999 – $999,999Price per Sq FtSq FtDOM104 / 110New0Total3
Multi-Family
Avg/Median Price$1,306,861 / $1,200,000Range$799,000 – $2,700,000Price per Sq Ft$328 / $328Sq Ft3,350 / 3,350DOM60 / 43New3Total52
Single Family
Avg/Median Price$991,120 / $819,000Range$375,000 – $2,250,000Price per Sq Ft$555 / $543Sq Ft2,004 / 1,454DOM46 / 34New1Total20
Townhouse
Avg/Median Price$907,725 / $747,000Range$634,900 – $1,400,000Price per Sq Ft$483 / $479Sq Ft1,580 / 1,730DOM59 / 33New0Total4

Sales by Bedroom Count

Studio
Avg:$1,224,975Median:$350,000Range:$249,900 – $2,700,000PSF:$610 / $500Sq Ft:493 / 486DOM:44 / 13New:1Total:4
1 Beds
Avg:$392,642Median:$369,000Range:$269,900 – $699,999PSF:$591 / $565Sq Ft:673 / 650DOM:48 / 26New:5Total:26
2 Beds
Avg:$576,172Median:$569,000Range:$325,000 – $924,999PSF:$575 / $577Sq Ft:1,009 / 982DOM:48 / 34New:6Total:67
3 Beds
Avg:$911,030Median:$849,000Range:$499,000 – $1,599,000PSF:$606 / $596Sq Ft:1,516 / 1,464DOM:38 / 31New:15Total:132
4 Beds
Avg:$1,156,964Median:$1,150,000Range:$711,000 – $2,199,000PSF:$591 / $590Sq Ft:2,059 / 1,800DOM:41 / 33New:3Total:28
5 Beds
Avg:$1,195,833Median:$999,999Range:$585,000 – $1,795,000PSF:$598 / $593Sq Ft:2,231 / 2,210DOM:39 / 23New:1Total:12
6 Beds
Avg:$1,333,516Median:$1,299,000Range:$799,000 – $1,989,999PSF:Sq Ft:DOM:65 / 54New:0Total:19
7 Beds
Avg:$1,429,700Median:$1,299,000Range:$975,000 – $2,250,000PSF:$577 / $577Sq Ft:3,900 / 3,900DOM:76 / 59New:0Total:10
8 Beds
Avg:$1,299,625Median:$1,200,000Range:$999,000 – $1,900,000PSF:$328 / $328Sq Ft:3,350 / 3,350DOM:65 / 24New:2Total:8

Rental Market Overview

Median Rent
$2,750
0.0%
Median DOM
26
+4.0%
New Listings
51
Inventory
404
+0.2%
  • Average Rent: $2,911
  • Median Rent: $2,750
  • Rent Range: $1,000 – $10,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,055 / 1,000
  • Square Footage Range: 303 – 2,500
  • Days on Market (Avg/Median): 41 / 26
  • Days on Market Range: 1 – 309
  • New Listings: 51
  • Total Listings: 404

Rentals by Property Type

Apartment
$2,700
Median DOM: 29
Inventory: 123
MoM: 0.0%
Condo
$2,550
Median DOM: 14
Inventory: 35
MoM: 0.0%
Single Family
$2,675
Median DOM: 23
Inventory: 21
MoM: 0.0%
Townhouse
$3,500
Median DOM: 37
Inventory: 10
MoM: 0.0%
Apartment
Avg/Median Rent$2,819 / $2,700Range$1,175 – $5,627Rent per Sq Ft$3 / $3Sq Ft1,029 / 900DOM52 / 29New10Total123
Condo
Avg/Median Rent$3,028 / $2,550Range$1,000 – $10,000Rent per Sq Ft$3 / $3Sq Ft1,046 / 1,100DOM30 / 14New10Total35
Multi-Family
Avg/Median Rent$2,905 / $2,750Range$1,500 – $7,295Rent per Sq Ft$3 / $3Sq Ft1,048 / 1,000DOM38 / 27New24Total215
Single Family
Avg/Median Rent$2,942 / $2,675Range$1,800 – $4,800Rent per Sq Ft$3 / $2Sq Ft1,232 / 1,300DOM34 / 23New6Total21
Townhouse
Avg/Median Rent$3,690 / $3,500Range$1,900 – $5,750Rent per Sq Ft$3 / $4Sq Ft1,175 / 1,150DOM36 / 37New1Total10

Rentals by Bedroom Count

Studio
Avg:$2,412Median:$2,400Range:$1,175 – $3,567PSF:$4 / $5Sq Ft:654 / 604DOM:48 / 16New:1Total:9
1 Beds
Avg:$2,120Median:$1,999Range:$1,000 – $4,121PSF:$4 / $3Sq Ft:650 / 642DOM:44 / 25New:7Total:86
2 Beds
Avg:$2,727Median:$2,600Range:$1,580 – $5,627PSF:$3 / $3Sq Ft:942 / 900DOM:44 / 28New:24Total:155
3 Beds
Avg:$3,500Median:$3,200Range:$2,200 – $7,295PSF:$3 / $3Sq Ft:1,389 / 1,363DOM:35 / 25New:17Total:134
4 Beds
Avg:$3,975Median:$3,600Range:$2,500 – $10,000PSF:$3 / $3Sq Ft:1,486 / 1,441DOM:40 / 38New:2Total:18
5 Beds
Avg:$4,250Median:$4,250Range:$4,250 – $4,250PSF:$3 / $3Sq Ft:1,500 / 1,500DOM:18 / 18New:0Total:1
6 Beds
Avg:$4,500Median:$4,500Range:$4,500 – $4,500PSF:Sq Ft:DOM:15 / 15New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$849,000Median DOM:28New:98Total:227
Apr 2026
Median Price:$850,000Median DOM:30New:92Total:267
May 2026
Median Price:$849,000Median DOM:28New:93Total:273
Jun 2026
Median Price:$849,900Median DOM:29New:104Total:290
Jul 2026
Median Price:$839,999Median DOM:34New:105Total:310
Aug 2026
Median Price:$825,000Median DOM:33New:33Total:309

6-Month Rental Trend

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:144Total:393
Jun 2026
Median Rent:$2,700Median DOM:23New:129Total:403
Jul 2026
Median Rent:$2,750Median DOM:25New:131Total:403
Aug 2026
Median Rent:$2,750Median DOM:26New:51Total:404

Key Market Takeaways

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