ZIP 07022 Housing Market Report

New York Metro

Report period: March 2026

07022 Monthly Market Update – March 2026

ZIP 07022 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$850,000
+0.0%
Median DOM (Sales)
40
−25.9%
New Listings (Sales)
2
−75.0%
Median Rent
$2,350
+2.2%
Median DOM (Rental)
48
+11.6%
Total Rental Listings
86
+7.5%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Land (5 DOM)
  • Fastest renting: Condo (36 DOM)
  • Strongest bedroom: 7 Beds ($1,199,000 median)

Sales Market Overview

Median Price
$850,000
+0.0%
Median DOM
40
−25.9%
New Listings
2
−75.0%
Inventory
29
−17.1%
  • Average Price: $829,755
  • Median Price: $850,000
  • Price Range: $279,000 – $1,250,000
  • Price per Sq Ft (Avg/Median): $382 / $370
  • Square Footage (Avg/Median): 1,711 / 1,874
  • Square Footage Range: 1,078 – 2,296
  • Days on Market (Avg/Median): 77 / 40
  • Days on Market Range: 2 – 340
  • New Listings: 2
  • Total Listings: 29

Sales by Property Type

Condo
Avg/Median Price$453,475 / $325,000Range$279,000 – $860,000Price per Sq Ft$352 / $325Sq Ft1,382 / 1,120DOM110 / 60New0Total4
Land
Avg/Median Price$900,000 / $900,000Range$900,000 – $900,000Price per Sq FtSq FtDOM5 / 5New1Total1
Multi-Family
Avg/Median Price$933,786 / $850,000Range$599,999 – $1,250,000Price per Sq Ft$370 / $370Sq Ft2,296 / 2,296DOM78 / 28New1Total14
Single Family
Avg/Median Price$683,000 / $650,000Range$499,000 – $900,000Price per Sq FtSq FtDOM50 / 34New0Total3
Townhouse
Avg/Median Price$889,571 / $835,000Range$759,000 – $1,175,000Price per Sq Ft$434 / $426Sq Ft1,911 / 1,874DOM80 / 52New0Total7

Sales by Bedroom Count

1 Beds
Avg:$302,000Median:$279,000Range:$279,000 – $325,000PSF:$290 / $290Sq Ft:1,120 / 1,120DOM:48 / 35New:0Total:2
2 Beds
Avg:$349,900Median:$349,900Range:$349,900 – $349,900PSF:$325 / $325Sq Ft:1,078 / 1,078DOM:196 / 196New:0Total:1
3 Beds
Avg:$814,500Median:$799,000Range:$499,000 – $1,175,000PSF:$426 / $426Sq Ft:1,874 / 1,874DOM:69 / 34New:0Total:8
4 Beds
Avg:$806,333Median:$860,000Range:$599,999 – $900,000PSF:$441 / $441Sq Ft:1,948 / 1,948DOM:59 / 22New:1Total:6
5 Beds
Avg:$1,025,000Median:$850,000Range:$850,000 – $1,200,000PSF:Sq Ft:DOM:218 / 95New:0Total:2
6 Beds
Avg:$804,500Median:$818,000Range:$700,000 – $850,000PSF:$370 / $370Sq Ft:2,296 / 2,296DOM:45 / 28New:0Total:4
7 Beds
Avg:$1,117,400Median:$1,199,000Range:$899,000 – $1,250,000PSF:Sq Ft:DOM:86 / 40New:0Total:5

Rental Market Overview

Median Rent
$2,350
+2.2%
Median DOM
48
+11.6%
New Listings
11
Inventory
86
+7.5%
  • Average Rent: $2,522
  • Median Rent: $2,350
  • Rent Range: $1,400 – $4,750
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,005 / 842
  • Square Footage Range: 500 – 3,998
  • Days on Market (Avg/Median): 67 / 48
  • Days on Market Range: 1 – 326
  • New Listings: 11
  • Total Listings: 86

Rentals by Property Type

Apartment
$2,350
Median DOM: 43
Inventory: 38
MoM: +2.2%
Condo
$1,700
Median DOM: 36
Inventory: 2
MoM: +2.2%
Single Family
$2,200
Median DOM: 36
Inventory: 4
MoM: +2.2%
Townhouse
Median DOM:
Inventory:
MoM: +2.2%
Apartment
Avg/Median Rent$2,484 / $2,350Range$1,495 – $4,300Rent per Sq Ft$3 / $3Sq Ft874 / 842DOM84 / 43New6Total38
Condo
Avg/Median Rent$1,700 / $1,700Range$1,700 – $1,700Rent per Sq FtSq FtDOM55 / 36New0Total2
Multi-Family
Avg/Median Rent$2,583 / $2,395Range$1,400 – $4,750Rent per Sq Ft$3 / $3Sq Ft1,422 / 610DOM54 / 48New5Total42
Single Family
Avg/Median Rent$2,650 / $2,200Range$1,450 – $3,650Rent per Sq FtSq FtDOM72 / 36New0Total4

Rentals by Bedroom Count

Studio
Avg:$1,517Median:$1,500Range:$1,400 – $1,650PSF:Sq Ft:DOM:57 / 41New:0Total:3
1 Beds
Avg:$2,022Median:$1,900Range:$1,450 – $2,950PSF:$3 / $3Sq Ft:686 / 650DOM:75 / 50New:4Total:40
2 Beds
Avg:$2,681Median:$2,550Range:$1,825 – $3,250PSF:$3 / $3Sq Ft:1,130 / 1,105DOM:64 / 43New:4Total:20
3 Beds
Avg:$3,168Median:$3,100Range:$1,900 – $4,300PSF:$1 / $1Sq Ft:3,998 / 3,998DOM:67 / 54New:1Total:19
4 Beds
Avg:$4,467Median:$4,700Range:$3,950 – $4,750PSF:Sq Ft:DOM:12 / 9New:2Total:3
6 Beds
Avg:$4,200Median:$4,200Range:$4,200 – $4,200PSF:$3 / $3Sq Ft:1,400 / 1,400DOM:41 / 41New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$750,000Median DOM:41New:7Total:35
Nov 2025
Median Price:$750,000Median DOM:61New:6Total:35
Dec 2025
Median Price:$799,000Median DOM:70New:8Total:34
Jan 2026
Median Price:$849,999Median DOM:60New:8Total:33
Feb 2026
Median Price:$849,999Median DOM:54New:8Total:35
Mar 2026
Median Price:$850,000Median DOM:40New:2Total:29

6-Month Rental Trend

Oct 2025
Median Rent:$2,300Median DOM:45New:13Total:66
Nov 2025
Median Rent:$2,300Median DOM:46New:16Total:62
Dec 2025
Median Rent:$2,300Median DOM:49New:14Total:60
Jan 2026
Median Rent:$2,300Median DOM:37New:27Total:76
Feb 2026
Median Rent:$2,300Median DOM:43New:17Total:80
Mar 2026
Median Rent:$2,350Median DOM:48New:11Total:86

Key Market Takeaways

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