ZIP 07008 Housing Market Report
New York Metro
Report period: March 2026
07008 Monthly Market Update – March 2026
ZIP 07008 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$520,000
+1.0%
Median DOM (Sales)
40
+25.0%
New Listings (Sales)
2
−87.5%
Median Rent
$2,400
−4.0%
Median DOM (Rental)
31
−47.5%
Total Rental Listings
66
+4.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (7 DOM)
- Fastest renting: Apartment (28 DOM)
- Strongest bedroom: 5 Beds ($650,000 median)
Sales Market Overview
Median Price
$520,000
+1.0%
Median DOM
40
+25.0%
New Listings
2
−87.5%
Inventory
57
+1.8%
- Average Price: $490,468
- Median Price: $520,000
- Price Range: $50,000 – $889,900
- Price per Sq Ft (Avg/Median): $332 / $328
- Square Footage (Avg/Median): 1,634 / 1,586
- Square Footage Range: 528 – 5,001
- Days on Market (Avg/Median): 56 / 40
- Days on Market Range: 3 – 199
- New Listings: 2
- Total Listings: 57
Sales by Property Type
Condo
Avg/Median Price$439,900 / $439,900Range$439,900 – $439,900Price per Sq Ft$274 / $274Sq Ft1,603 / 1,603DOM9 / 9New1Total1
Land
Avg/Median Price$50,000 / $50,000Range$50,000 – $50,000Price per Sq Ft—Sq Ft—DOM64 / 64New0Total1
Manufactured
Avg/Median Price$94,556 / $95,000Range$55,000 – $144,000Price per Sq Ft$175 / $198Sq Ft615 / 588DOM47 / 43New1Total9
Multi-Family
Avg/Median Price$636,389 / $599,900Range$449,999 – $889,900Price per Sq Ft$323 / $312Sq Ft2,002 / 1,976DOM72 / 40New0Total9
Single Family
Avg/Median Price$564,258 / $525,999Range$365,000 – $865,000Price per Sq Ft$365 / $368Sq Ft1,707 / 1,582DOM57 / 31New0Total36
Townhouse
Avg/Median Price$575,000 / $575,000Range$575,000 – $575,000Price per Sq Ft$276 / $276Sq Ft2,086 / 2,086DOM7 / 7New0Total1
Sales by Bedroom Count
Studio
Avg:$694,925Median:$599,900Range:$589,900 – $889,900PSF:$349 / $318Sq Ft:2,121 / 1,976DOM:83 / 40New:0Total:4
1 Beds
Avg:$119,000Median:$111,000Range:$105,000 – $144,000PSF:$198 / $198Sq Ft:601 / 560DOM:49 / 43New:0Total:4
2 Beds
Avg:$123,333Median:$70,000Range:$55,000 – $365,000PSF:$210 / $82Sq Ft:876 / 672DOM:42 / 35New:1Total:6
3 Beds
Avg:$516,825Median:$499,000Range:$425,000 – $625,000PSF:$361 / $376Sq Ft:1,632 / 1,404DOM:48 / 24New:1Total:20
4 Beds
Avg:$587,856Median:$574,900Range:$409,000 – $750,000PSF:$337 / $312Sq Ft:1,841 / 1,748DOM:73 / 57New:0Total:16
5 Beds
Avg:$694,800Median:$650,000Range:$465,000 – $865,000PSF:$376 / $330Sq Ft:1,901 / 1,750DOM:37 / 24New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $694,925 | $599,900 | $589,900 – $889,900 | $349 / $318 | 2,121 / 1,976 | 83 / 40 | 0 | 4 |
| 1 Beds | $119,000 | $111,000 | $105,000 – $144,000 | $198 / $198 | 601 / 560 | 49 / 43 | 0 | 4 |
| 2 Beds | $123,333 | $70,000 | $55,000 – $365,000 | $210 / $82 | 876 / 672 | 42 / 35 | 1 | 6 |
| 3 Beds | $516,825 | $499,000 | $425,000 – $625,000 | $361 / $376 | 1,632 / 1,404 | 48 / 24 | 1 | 20 |
| 4 Beds | $587,856 | $574,900 | $409,000 – $750,000 | $337 / $312 | 1,841 / 1,748 | 73 / 57 | 0 | 16 |
| 5 Beds | $694,800 | $650,000 | $465,000 – $865,000 | $376 / $330 | 1,901 / 1,750 | 37 / 24 | 0 | 6 |
Rental Market Overview
Median Rent
$2,400
−4.0%
Median DOM
31
−47.5%
New Listings
11
Inventory
66
+4.8%
- Average Rent: $2,473
- Median Rent: $2,400
- Rent Range: $1,500 – $4,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 2,367 / 1,548
- Square Footage Range: 517 – 6,960
- Days on Market (Avg/Median): 72 / 31
- Days on Market Range: 1 – 355
- New Listings: 11
- Total Listings: 66
Rentals by Property Type
Apartment
$2,078
Median DOM: 28
Inventory: 42
MoM: −4.0%
Condo
$2,750
Median DOM: 31
Inventory: 1
MoM: −4.0%
Single Family
$3,200
Median DOM: 43
Inventory: 14
MoM: −4.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −4.0%
Apartment
Avg/Median Rent$2,146 / $2,078Range$1,500 – $3,400Rent per Sq Ft$2 / $1Sq Ft2,494 / 1,548DOM76 / 28New7Total42
Condo
Avg/Median Rent$2,750 / $2,750Range$2,750 – $2,750Rent per Sq Ft$2 / $2Sq Ft1,500 / 1,500DOM31 / 31New0Total1
Multi-Family
Avg/Median Rent$2,856 / $2,800Range$2,400 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,300 / 1,300DOM89 / 116New0Total9
Single Family
Avg/Median Rent$3,189 / $3,200Range$1,750 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,706 / 1,632DOM52 / 43New4Total14
Rentals by Bedroom Count
Studio
Avg:$1,938Median:$1,750Range:$1,750 – $2,125PSF:$3 / $3Sq Ft:574 / 517DOM:201 / 126New:0Total:2
1 Beds
Avg:$1,780Median:$1,895Range:$1,500 – $2,079PSF:$2 / $2Sq Ft:2,082 / 901DOM:61 / 17New:6Total:17
2 Beds
Avg:$2,326Median:$2,300Range:$1,750 – $2,663PSF:$2 / $2Sq Ft:1,349 / 1,176DOM:78 / 58New:1Total:12
3 Beds
Avg:$2,696Median:$2,650Range:$1,975 – $3,600PSF:$1 / $1Sq Ft:3,325 / 1,909DOM:64 / 26New:2Total:26
4 Beds
Avg:$3,425Median:$3,400Range:$3,200 – $4,000PSF:$2 / $2Sq Ft:1,743 / 1,584DOM:77 / 59New:2Total:8
5 Beds
Avg:$3,700Median:$3,700Range:$3,700 – $3,700PSF:—Sq Ft:—DOM:43 / 43New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,938 | $1,750 | $1,750 – $2,125 | $3 / $3 | 574 / 517 | 201 / 126 | 0 | 2 |
| 1 Beds | $1,780 | $1,895 | $1,500 – $2,079 | $2 / $2 | 2,082 / 901 | 61 / 17 | 6 | 17 |
| 2 Beds | $2,326 | $2,300 | $1,750 – $2,663 | $2 / $2 | 1,349 / 1,176 | 78 / 58 | 1 | 12 |
| 3 Beds | $2,696 | $2,650 | $1,975 – $3,600 | $1 / $1 | 3,325 / 1,909 | 64 / 26 | 2 | 26 |
| 4 Beds | $3,425 | $3,400 | $3,200 – $4,000 | $2 / $2 | 1,743 / 1,584 | 77 / 59 | 2 | 8 |
| 5 Beds | $3,700 | $3,700 | $3,700 – $3,700 | — | — | 43 / 43 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$520,000Median DOM:70New:18Total:76
Nov 2025
Median Price:$524,900Median DOM:66New:11Total:77
Dec 2025
Median Price:$525,999Median DOM:70New:11Total:74
Jan 2026
Median Price:$499,999Median DOM:57New:18Total:75
Feb 2026
Median Price:$515,000Median DOM:32New:16Total:56
Mar 2026
Median Price:$520,000Median DOM:40New:2Total:57
6-Month Rental Trend
Oct 2025
Median Rent:$2,600Median DOM:24New:20Total:57
Nov 2025
Median Rent:$2,700Median DOM:47New:13Total:57
Dec 2025
Median Rent:$2,700Median DOM:56New:17Total:64
Jan 2026
Median Rent:$2,700Median DOM:61New:9Total:61
Feb 2026
Median Rent:$2,500Median DOM:59New:10Total:63
Mar 2026
Median Rent:$2,400Median DOM:31New:11Total:66
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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