ZIP 07024 Housing Market Report
New York Metro
Report period: March 2026
07024 Monthly Market Update – March 2026
ZIP 07024 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$388,000
−2.8%
Median DOM (Sales)
54
−5.3%
New Listings (Sales)
29
−43.1%
Median Rent
$2,900
0.0%
Median DOM (Rental)
44
−8.3%
Total Rental Listings
336
−0.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (28 DOM)
- Fastest renting: Single Family (35 DOM)
- Strongest bedroom: 5 Beds ($2,249,000 median)
Sales Market Overview
Median Price
$388,000
−2.8%
Median DOM
54
−5.3%
New Listings
29
−43.1%
Inventory
273
+2.6%
- Average Price: $609,746
- Median Price: $388,000
- Price Range: $105,000 – $4,499,999
- Price per Sq Ft (Avg/Median): $335 / $298
- Square Footage (Avg/Median): 1,750 / 1,241
- Square Footage Range: 664 – 5,644
- Days on Market (Avg/Median): 73 / 54
- Days on Market Range: 2 – 343
- New Listings: 29
- Total Listings: 273
Sales by Property Type
Condo
Avg/Median Price$466,405 / $349,000Range$105,000 – $2,888,000Price per Sq Ft$293 / $289Sq Ft1,269 / 1,024DOM72 / 54New24Total236
Land
Avg/Median Price$1,599,722 / $1,199,000Range$399,000 – $3,000,888Price per Sq Ft—Sq Ft—DOM119 / 109New0Total4
Multi-Family
Avg/Median Price$1,581,750 / $1,478,000Range$1,299,000 – $1,800,000Price per Sq Ft—Sq Ft—DOM71 / 31New1Total4
Single Family
Avg/Median Price$1,770,333 / $1,550,000Range$899,000 – $4,499,999Price per Sq Ft$623 / $620Sq Ft4,500 / 4,206DOM86 / 65New3Total15
Townhouse
Avg/Median Price$1,222,015 / $1,235,910Range$549,000 – $1,750,000Price per Sq Ft$343 / $343Sq Ft3,600 / 3,600DOM53 / 28New1Total14
Sales by Bedroom Count
Studio
Avg:$162,146Median:$149,900Range:$105,000 – $250,000PSF:—Sq Ft:—DOM:78 / 82New:2Total:13
1 Beds
Avg:$296,148Median:$249,500Range:$125,000 – $658,888PSF:$264 / $228Sq Ft:916 / 867DOM:65 / 50New:8Total:97
2 Beds
Avg:$472,670Median:$400,000Range:$150,000 – $1,298,000PSF:$323 / $321Sq Ft:1,220 / 1,241DOM:76 / 51New:8Total:95
3 Beds
Avg:$996,684Median:$950,000Range:$210,000 – $1,899,999PSF:$276 / $298Sq Ft:2,337 / 1,751DOM:68 / 50New:6Total:38
4 Beds
Avg:$1,437,530Median:$1,525,000Range:$388,000 – $2,888,000PSF:$437 / $437Sq Ft:4,324 / 4,324DOM:93 / 62New:3Total:13
5 Beds
Avg:$2,316,000Median:$2,249,000Range:$999,000 – $4,499,999PSF:$658 / $658Sq Ft:3,650 / 3,650DOM:69 / 34New:1Total:6
6 Beds
Avg:$2,011,000Median:$1,550,000Range:$1,299,000 – $3,499,000PSF:$606 / $592Sq Ft:4,925 / 4,206DOM:75 / 31New:1Total:6
8 Beds
Avg:$1,800,000Median:$1,800,000Range:$1,800,000 – $1,800,000PSF:—Sq Ft:—DOM:167 / 167New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $162,146 | $149,900 | $105,000 – $250,000 | — | — | 78 / 82 | 2 | 13 |
| 1 Beds | $296,148 | $249,500 | $125,000 – $658,888 | $264 / $228 | 916 / 867 | 65 / 50 | 8 | 97 |
| 2 Beds | $472,670 | $400,000 | $150,000 – $1,298,000 | $323 / $321 | 1,220 / 1,241 | 76 / 51 | 8 | 95 |
| 3 Beds | $996,684 | $950,000 | $210,000 – $1,899,999 | $276 / $298 | 2,337 / 1,751 | 68 / 50 | 6 | 38 |
| 4 Beds | $1,437,530 | $1,525,000 | $388,000 – $2,888,000 | $437 / $437 | 4,324 / 4,324 | 93 / 62 | 3 | 13 |
| 5 Beds | $2,316,000 | $2,249,000 | $999,000 – $4,499,999 | $658 / $658 | 3,650 / 3,650 | 69 / 34 | 1 | 6 |
| 6 Beds | $2,011,000 | $1,550,000 | $1,299,000 – $3,499,000 | $606 / $592 | 4,925 / 4,206 | 75 / 31 | 1 | 6 |
| 8 Beds | $1,800,000 | $1,800,000 | $1,800,000 – $1,800,000 | — | — | 167 / 167 | 0 | 1 |
Rental Market Overview
Median Rent
$2,900
0.0%
Median DOM
44
−8.3%
New Listings
32
Inventory
336
−0.9%
- Average Rent: $3,110
- Median Rent: $2,900
- Rent Range: $1,350 – $9,000
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 933 / 800
- Square Footage Range: 405 – 1,796
- Days on Market (Avg/Median): 72 / 44
- Days on Market Range: 1 – 352
- New Listings: 32
- Total Listings: 336
Rentals by Property Type
Apartment
$2,900
Median DOM: 49
Inventory: 138
MoM: 0.0%
Condo
$1,950
Median DOM: 49
Inventory: 49
MoM: 0.0%
Single Family
$4,700
Median DOM: 35
Inventory: 11
MoM: 0.0%
Townhouse
$4,500
Median DOM: 56
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$3,039 / $2,900Range$1,450 – $6,500Rent per Sq Ft$4 / $3Sq Ft870 / 755DOM87 / 49New12Total138
Condo
Avg/Median Rent$2,275 / $1,950Range$1,350 – $7,500Rent per Sq Ft$3 / $3Sq Ft1,077 / 1,000DOM58 / 49New4Total49
Multi-Family
Avg/Median Rent$3,354 / $3,099Range$1,650 – $9,000Rent per Sq Ft$3 / $3Sq Ft989 / 890DOM64 / 43New15Total137
Single Family
Avg/Median Rent$4,568 / $4,700Range$3,350 – $5,150Rent per Sq Ft—Sq Ft—DOM48 / 35New1Total11
Townhouse
Avg/Median Rent$4,500 / $4,500Range$4,500 – $4,500Rent per Sq Ft$3 / $3Sq Ft1,796 / 1,796DOM56 / 56New0Total1
Rentals by Bedroom Count
Studio
Avg:$2,078Median:$1,900Range:$1,350 – $3,900PSF:$4 / $4Sq Ft:583 / 577DOM:57 / 34New:4Total:38
1 Beds
Avg:$2,511Median:$2,600Range:$1,500 – $3,450PSF:$3 / $3Sq Ft:884 / 800DOM:80 / 54New:12Total:128
2 Beds
Avg:$3,351Median:$3,495Range:$1,850 – $6,000PSF:$3 / $3Sq Ft:1,227 / 1,236DOM:67 / 43New:8Total:108
3 Beds
Avg:$4,415Median:$4,300Range:$3,000 – $7,500PSF:$3 / $3Sq Ft:1,510 / 1,734DOM:70 / 55New:7Total:56
4 Beds
Avg:$4,867Median:$4,700Range:$4,200 – $5,700PSF:—Sq Ft:—DOM:16 / 15New:1Total:3
5 Beds
Avg:$6,998Median:$7,500Range:$4,495 – $9,000PSF:—Sq Ft:—DOM:124 / 165New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,078 | $1,900 | $1,350 – $3,900 | $4 / $4 | 583 / 577 | 57 / 34 | 4 | 38 |
| 1 Beds | $2,511 | $2,600 | $1,500 – $3,450 | $3 / $3 | 884 / 800 | 80 / 54 | 12 | 128 |
| 2 Beds | $3,351 | $3,495 | $1,850 – $6,000 | $3 / $3 | 1,227 / 1,236 | 67 / 43 | 8 | 108 |
| 3 Beds | $4,415 | $4,300 | $3,000 – $7,500 | $3 / $3 | 1,510 / 1,734 | 70 / 55 | 7 | 56 |
| 4 Beds | $4,867 | $4,700 | $4,200 – $5,700 | — | — | 16 / 15 | 1 | 3 |
| 5 Beds | $6,998 | $7,500 | $4,495 – $9,000 | — | — | 124 / 165 | 0 | 3 |
6-Month Sales Trend
Oct 2025
Median Price:$400,000Median DOM:46New:79Total:311
Nov 2025
Median Price:$395,000Median DOM:54New:48Total:300
Dec 2025
Median Price:$399,000Median DOM:64New:48Total:271
Jan 2026
Median Price:$398,000Median DOM:60New:65Total:272
Feb 2026
Median Price:$399,000Median DOM:57New:51Total:266
Mar 2026
Median Price:$388,000Median DOM:54New:29Total:273
6-Month Rental Trend
Oct 2025
Median Rent:$2,900Median DOM:40New:93Total:346
Nov 2025
Median Rent:$2,850Median DOM:46New:69Total:333
Dec 2025
Median Rent:$2,845Median DOM:52New:72Total:312
Jan 2026
Median Rent:$2,900Median DOM:55New:69Total:298
Feb 2026
Median Rent:$2,900Median DOM:48New:94Total:339
Mar 2026
Median Rent:$2,900Median DOM:44New:32Total:336
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory tightened.
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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