ZIP 07023 Housing Market Report

New York Metro

Report period: March 2026

07023 Monthly Market Update – March 2026

ZIP 07023 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$745,000
−0.5%
Median DOM (Sales)
16
0.0%
New Listings (Sales)
1
−90.9%
Median Rent
$2,595
0.0%
Median DOM (Rental)
21
0.0%
Total Rental Listings
10
0.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents were stable.

What's Moving Fastest

  • Fastest selling: Single Family (16 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 4 Beds ($749,000 median)

Sales Market Overview

Median Price
$745,000
−0.5%
Median DOM
16
0.0%
New Listings
1
−90.9%
Inventory
24
+4.3%
  • Average Price: $761,558
  • Median Price: $745,000
  • Price Range: $482,000 – $1,550,000
  • Price per Sq Ft (Avg/Median): $583 / $488
  • Square Footage (Avg/Median): 1,607 / 1,536
  • Square Footage Range: 1,439 – 1,949
  • Days on Market (Avg/Median): 52 / 16
  • Days on Market Range: 3 – 251
  • New Listings: 1
  • Total Listings: 24

Sales by Property Type

Land
Avg/Median Price$1,100,000 / $1,100,000Range$1,100,000 – $1,100,000Price per Sq FtSq FtDOMNew0Total1
Multi-Family
Avg/Median Price$799,000 / $799,000Range$799,000 – $799,000Price per Sq FtSq FtDOM156 / 156New0Total1
Single Family
Avg/Median Price$744,473 / $735,000Range$482,000 – $1,550,000Price per Sq Ft$583 / $488Sq Ft1,607 / 1,536DOM47 / 16New1Total22

Sales by Bedroom Count

2 Beds
Avg:$560,667Median:$600,000Range:$482,000 – $600,000PSF:Sq Ft:DOM:71 / 50New:0Total:3
3 Beds
Avg:$742,380Median:$745,000Range:$550,000 – $850,000PSF:$449 / $410Sq Ft:1,742 / 1,536DOM:41 / 14New:1Total:10
4 Beds
Avg:$740,325Median:$749,000Range:$640,000 – $799,999PSF:$470 / $395Sq Ft:1,556 / 1,468DOM:68 / 23New:0Total:8
5 Beds
Avg:$1,074,500Median:$599,000Range:$599,000 – $1,550,000PSF:$1,077 / $1,077Sq Ft:1,439 / 1,439DOM:10 / 7New:0Total:2

Rental Market Overview

Median Rent
$2,595
0.0%
Median DOM
21
0.0%
New Listings
2
Inventory
10
0.0%
  • Average Rent: $3,090
  • Median Rent: $2,595
  • Rent Range: $2,100 – $4,950
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,249 / 1,158
  • Square Footage Range: 676 – 2,240
  • Days on Market (Avg/Median): 50 / 21
  • Days on Market Range: 1 – 133
  • New Listings: 2
  • Total Listings: 10

Rentals by Property Type

Apartment
$2,595
Median DOM: 1
Inventory: 4
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$3,250
Median DOM: 21
Inventory: 5
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$3,286 / $2,595Range$2,300 – $4,950Rent per Sq Ft$3 / $3Sq Ft1,218 / 800DOM66 / 1New2Total4
Multi-Family
Avg/Median Rent$2,300 / $2,300Range$2,300 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,372 / 1,372DOM71 / 71New0Total1
Single Family
Avg/Median Rent$3,090 / $3,250Range$2,100 – $4,500Rent per Sq FtSq FtDOM34 / 21New0Total5

Rentals by Bedroom Count

1 Beds
Avg:$2,332Median:$2,300Range:$2,100 – $2,595PSF:$3 / $3Sq Ft:738 / 676DOM:52 / 21New:1Total:3
2 Beds
Avg:$2,762Median:$2,300Range:$2,200 – $3,300PSF:$2 / $2Sq Ft:1,265 / 1,158DOM:24 / 5New:1Total:4
3 Beds
Avg:$4,950Median:$4,950Range:$4,950 – $4,950PSF:$2 / $2Sq Ft:2,240 / 2,240DOM:129 / 129New:0Total:1
4 Beds
Avg:$3,950Median:$3,400Range:$3,400 – $4,500PSF:Sq Ft:DOM:61 / 37New:0Total:2

6-Month Sales Trend

Oct 2025
Median Price:$799,000Median DOM:17New:15Total:27
Nov 2025
Median Price:$799,000Median DOM:23New:4Total:24
Dec 2025
Median Price:$799,000Median DOM:49New:2Total:19
Jan 2026
Median Price:$749,000Median DOM:49New:4Total:16
Feb 2026
Median Price:$749,000Median DOM:16New:11Total:23
Mar 2026
Median Price:$745,000Median DOM:16New:1Total:24

6-Month Rental Trend

Oct 2025
Median Rent:$3,300Median DOM:8New:6Total:12
Nov 2025
Median Rent:$3,200Median DOM:12New:6Total:12
Dec 2025
Median Rent:$3,200Median DOM:35New:4Total:11
Jan 2026
Median Rent:$2,800Median DOM:15New:3Total:11
Feb 2026
Median Rent:$2,595Median DOM:21New:5Total:10
Mar 2026
Median Rent:$2,595Median DOM:21New:2Total:10

Key Market Takeaways

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

← Back to New York Metro