ZIP 07012 Housing Market Report

New York Metro

Report period: March 2026

07012 Monthly Market Update – March 2026

ZIP 07012 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$549,000
−1.8%
Median DOM (Sales)
19
0.0%
New Listings (Sales)
8
−11.1%
Median Rent
$2,960
+3.9%
Median DOM (Rental)
10
−73.0%
Total Rental Listings
16
+14.3%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (15 DOM)
  • Fastest renting: Apartment (7 DOM)
  • Strongest bedroom: 5 Beds ($1,100,000 median)

Sales Market Overview

Median Price
$549,000
−1.8%
Median DOM
19
0.0%
New Listings
8
−11.1%
Inventory
39
+14.7%
  • Average Price: $587,713
  • Median Price: $549,000
  • Price Range: $399,000 – $1,100,000
  • Price per Sq Ft (Avg/Median): $296 / $292
  • Square Footage (Avg/Median): 2,586 / 1,180
  • Square Footage Range: 1,084 – 5,001
  • Days on Market (Avg/Median): 32 / 19
  • Days on Market Range: 3 – 243
  • New Listings: 8
  • Total Listings: 39

Sales by Property Type

Condo
Avg/Median Price$435,150 / $439,000Range$399,900 – $496,000Price per Sq Ft$369 / $377Sq Ft1,148 / 1,180DOM26 / 15New5Total12
Multi-Family
Avg/Median Price$809,000 / $799,000Range$799,000 – $819,000Price per Sq FtSq FtDOM21 / 18New0Total2
Single Family
Avg/Median Price$643,240 / $625,000Range$399,000 – $1,100,000Price per Sq Ft$223 / $270Sq Ft4,024 / 4,070DOM36 / 21New3Total25

Sales by Bedroom Count

2 Beds
Avg:$441,550Median:$439,000Range:$399,000 – $530,000PSF:$303 / $339Sq Ft:2,111 / 1,180DOM:25 / 16New:5Total:16
3 Beds
Avg:$604,818Median:$625,000Range:$498,000 – $650,000PSF:Sq Ft:DOM:39 / 19New:3Total:11
4 Beds
Avg:$712,111Median:$665,000Range:$499,000 – $975,000PSF:Sq Ft:DOM:35 / 23New:0Total:9
5 Beds
Avg:$1,100,000Median:$1,100,000Range:$1,100,000 – $1,100,000PSF:$270 / $270Sq Ft:4,070 / 4,070DOM:62 / 62New:0Total:1
6 Beds
Avg:$819,000Median:$819,000Range:$819,000 – $819,000PSF:Sq Ft:DOM:18 / 18New:0Total:1
7 Beds
Avg:$875,000Median:$875,000Range:$875,000 – $875,000PSF:$292 / $292Sq Ft:3,000 / 3,000DOM:34 / 34New:0Total:1

Rental Market Overview

Median Rent
$2,960
+3.9%
Median DOM
10
−73.0%
New Listings
4
Inventory
16
+14.3%
  • Average Rent: $2,925
  • Median Rent: $2,960
  • Rent Range: $1,300 – $4,250
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 791 / 532
  • Square Footage Range: 410 – 1,400
  • Days on Market (Avg/Median): 46 / 10
  • Days on Market Range: 3 – 316
  • New Listings: 4
  • Total Listings: 16

Rentals by Property Type

Apartment
$1,825
Median DOM: 7
Inventory: 5
MoM: +3.9%
Condo
Median DOM:
Inventory:
MoM: +3.9%
Single Family
$3,695
Median DOM: 40
Inventory: 5
MoM: +3.9%
Townhouse
Median DOM:
Inventory:
MoM: +3.9%
Apartment
Avg/Median Rent$2,307 / $1,825Range$1,645 – $3,300Rent per Sq Ft$4 / $4Sq Ft547 / 458DOM162 / 7New1Total5
Multi-Family
Avg/Median Rent$3,071 / $2,850Range$1,975 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,158 / 1,158DOM11 / 10New2Total6
Single Family
Avg/Median Rent$3,369 / $3,695Range$1,300 – $4,250Rent per Sq Ft$3 / $3Sq Ft1,400 / 1,400DOM42 / 40New1Total5

Rentals by Bedroom Count

Studio
Avg:$1,735Median:$1,645Range:$1,645 – $1,825PSF:$4 / $4Sq Ft:434 / 410DOM:316 / 316New:0Total:2
1 Beds
Avg:$2,022Median:$1,805Range:$1,300 – $2,960PSF:$4 / $3Sq Ft:660 / 532DOM:107 / 107New:0Total:3
2 Beds
Avg:$2,412Median:$1,975Range:$1,975 – $2,850PSF:$2 / $2Sq Ft:1,158 / 1,158DOM:12 / 10New:0Total:2
3 Beds
Avg:$3,519Median:$3,500Range:$2,800 – $4,100PSF:$3 / $3Sq Ft:1,400 / 1,400DOM:24 / 23New:2Total:5
4 Beds
Avg:$3,712Median:$3,300Range:$3,300 – $4,250PSF:Sq Ft:DOM:8 / 7New:2Total:4

6-Month Sales Trend

Oct 2025
Median Price:$599,999Median DOM:52New:6Total:30
Nov 2025
Median Price:$599,000Median DOM:32New:7Total:33
Dec 2025
Median Price:$599,000Median DOM:31New:4Total:29
Jan 2026
Median Price:$559,000Median DOM:19New:18Total:33
Feb 2026
Median Price:$559,000Median DOM:19New:9Total:34
Mar 2026
Median Price:$549,000Median DOM:19New:8Total:39

6-Month Rental Trend

Oct 2025
Median Rent:$3,200Median DOM:43New:4Total:19
Nov 2025
Median Rent:$2,500Median DOM:62New:2Total:16
Dec 2025
Median Rent:$3,400Median DOM:62New:3Total:16
Jan 2026
Median Rent:$3,500Median DOM:17New:7Total:20
Feb 2026
Median Rent:$2,850Median DOM:37New:2Total:14
Mar 2026
Median Rent:$2,960Median DOM:10New:4Total:16

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, 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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