ZIP 07311 Housing Market Report

New York Metro

Report period: May 2026

07311 Monthly Market Update – May 2026

ZIP 07311 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
Median DOM (Sales)
New Listings (Sales)
Median Rent
$3,080
−1.9%
Median DOM (Rental)
Total Rental Listings
2
0.0%

Month-over-Month Movement

Rents softened.

What's Moving Fastest

  • Fastest selling: ( DOM)
  • Fastest renting: ( DOM)
  • Strongest bedroom: ( median)

Sales Market Overview

Median Price
Median DOM
New Listings
Inventory
  • Average Price:
  • Median Price:
  • Price Range:
  • Price per Sq Ft (Avg/Median):
  • Square Footage (Avg/Median):
  • Square Footage Range:
  • Days on Market (Avg/Median):
  • Days on Market Range:
  • New Listings:
  • Total Listings:

Sales by Property Type

Sales by Bedroom Count

Rental Market Overview

Median Rent
$3,080
−1.9%
Median DOM
New Listings
0
Inventory
2
0.0%
  • Average Rent: $3,336
  • Median Rent: $3,080
  • Rent Range: $3,080 – $3,591
  • Rent per Sq Ft (Avg/Median): $6 / $5
  • Square Footage (Avg/Median): 558 / 413
  • Square Footage Range: 413 – 703
  • Days on Market (Avg/Median):
  • Days on Market Range:
  • New Listings: 0
  • Total Listings: 2

Rentals by Property Type

Apartment
$3,080
Median DOM:
Inventory: 2
MoM: −1.9%
Condo
Median DOM:
Inventory:
MoM: −1.9%
Single Family
Median DOM:
Inventory:
MoM: −1.9%
Townhouse
Median DOM:
Inventory:
MoM: −1.9%
Apartment
Avg/Median Rent$3,336 / $3,080Range$3,080 – $3,591Rent per Sq Ft$6 / $5Sq Ft558 / 413DOMNew0Total2

Rentals by Bedroom Count

Studio
Avg:$3,080Median:$3,080Range:$3,080 – $3,080PSF:$7 / $7Sq Ft:413 / 413DOM:New:0Total:1
1 Beds
Avg:$3,591Median:$3,591Range:$3,591 – $3,591PSF:$5 / $5Sq Ft:703 / 703DOM:New:0Total:1

6-Month Sales Trend

Trend data unavailable.

6-Month Rental Trend

Dec 2025
Median Rent:$3,100Median DOM:238New:0Total:2
Jan 2026
Median Rent:$2,985Median DOM:269New:0Total:2
Feb 2026
Median Rent:$2,910Median DOM:297New:0Total:2
Mar 2026
Median Rent:$2,920Median DOM:328New:0Total:2
Apr 2026
Median Rent:$3,140Median DOM:358New:0Total:2
May 2026
Median Rent:$3,080Median DOM:New:0Total:2

Key Market Takeaways

Median sale prices held steady this month while inventory remained stable. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, while total rental inventory was flat.

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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