ZIP 07047 Housing Market Report
New York Metro
Report period: March 2026
07047 Monthly Market Update – March 2026
ZIP 07047 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$605,000
−3.2%
Median DOM (Sales)
36
−10.0%
New Listings (Sales)
14
−75.4%
Median Rent
$2,850
0.0%
Median DOM (Rental)
46
0.0%
Total Rental Listings
443
−1.1%
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: Single Family (29 DOM)
- Fastest renting: Townhouse (20 DOM)
- Strongest bedroom: 8 Beds ($1,259,000 median)
Sales Market Overview
Median Price
$605,000
−3.2%
Median DOM
36
−10.0%
New Listings
14
−75.4%
Inventory
182
0.0%
- Average Price: $726,324
- Median Price: $605,000
- Price Range: $149,000 – $4,179,999
- Price per Sq Ft (Avg/Median): $468 / $435
- Square Footage (Avg/Median): 1,276 / 1,075
- Square Footage Range: 458 – 4,800
- Days on Market (Avg/Median): 62 / 36
- Days on Market Range: 1 – 285
- New Listings: 14
- Total Listings: 182
Sales by Property Type
Condo
Avg/Median Price$517,636 / $369,900Range$149,000 – $2,688,888Price per Sq Ft$473 / $446Sq Ft1,096 / 905DOM61 / 42New8Total96
Land
Avg/Median Price$2,228,500 / $279,000Range$275,000 – $4,179,999Price per Sq Ft—Sq Ft—DOM70 / 35New0Total4
Multi-Family
Avg/Median Price$1,009,313 / $989,000Range$595,000 – $1,450,000Price per Sq Ft$358 / $347Sq Ft3,328 / 2,997DOM67 / 38New2Total31
Single Family
Avg/Median Price$831,401 / $670,000Range$355,000 – $2,350,000Price per Sq Ft$582 / $488Sq Ft1,848 / 1,764DOM62 / 29New3Total48
Townhouse
Avg/Median Price$795,998 / $599,995Range$599,000 – $1,189,000Price per Sq Ft$374 / $394Sq Ft2,205 / 1,520DOM28 / 32New1Total3
Sales by Bedroom Count
Studio
Avg:$730,500Median:$294,000Range:$225,000 – $2,150,000PSF:$342 / $247Sq Ft:791 / 910DOM:39 / 14New:2Total:6
1 Beds
Avg:$296,790Median:$279,000Range:$149,000 – $725,000PSF:$408 / $434Sq Ft:797 / 673DOM:55 / 45New:3Total:41
2 Beds
Avg:$565,881Median:$529,000Range:$198,000 – $1,199,000PSF:$483 / $470Sq Ft:1,199 / 1,200DOM:73 / 56New:2Total:43
3 Beds
Avg:$916,346Median:$639,900Range:$400,000 – $2,688,888PSF:$631 / $556Sq Ft:1,977 / 1,966DOM:56 / 30New:3Total:36
4 Beds
Avg:$779,495Median:$785,000Range:$549,000 – $1,090,000PSF:$488 / $488Sq Ft:1,126 / 1,126DOM:53 / 22New:2Total:21
5 Beds
Avg:$1,037,636Median:$999,000Range:$595,000 – $1,599,000PSF:$375 / $324Sq Ft:3,519 / 3,994DOM:75 / 61New:1Total:14
6 Beds
Avg:$1,044,222Median:$989,000Range:$825,000 – $1,250,000PSF:$391 / $347Sq Ft:2,424 / 1,998DOM:62 / 51New:1Total:9
7 Beds
Avg:$1,079,333Median:$1,145,000Range:$675,000 – $1,301,000PSF:$382 / $382Sq Ft:2,997 / 2,997DOM:95 / 29New:0Total:6
8 Beds
Avg:$1,317,000Median:$1,259,000Range:$1,259,000 – $1,375,000PSF:—Sq Ft:—DOM:31 / 26New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $730,500 | $294,000 | $225,000 – $2,150,000 | $342 / $247 | 791 / 910 | 39 / 14 | 2 | 6 |
| 1 Beds | $296,790 | $279,000 | $149,000 – $725,000 | $408 / $434 | 797 / 673 | 55 / 45 | 3 | 41 |
| 2 Beds | $565,881 | $529,000 | $198,000 – $1,199,000 | $483 / $470 | 1,199 / 1,200 | 73 / 56 | 2 | 43 |
| 3 Beds | $916,346 | $639,900 | $400,000 – $2,688,888 | $631 / $556 | 1,977 / 1,966 | 56 / 30 | 3 | 36 |
| 4 Beds | $779,495 | $785,000 | $549,000 – $1,090,000 | $488 / $488 | 1,126 / 1,126 | 53 / 22 | 2 | 21 |
| 5 Beds | $1,037,636 | $999,000 | $595,000 – $1,599,000 | $375 / $324 | 3,519 / 3,994 | 75 / 61 | 1 | 14 |
| 6 Beds | $1,044,222 | $989,000 | $825,000 – $1,250,000 | $391 / $347 | 2,424 / 1,998 | 62 / 51 | 1 | 9 |
| 7 Beds | $1,079,333 | $1,145,000 | $675,000 – $1,301,000 | $382 / $382 | 2,997 / 2,997 | 95 / 29 | 0 | 6 |
| 8 Beds | $1,317,000 | $1,259,000 | $1,259,000 – $1,375,000 | — | — | 31 / 26 | 0 | 2 |
Rental Market Overview
Median Rent
$2,850
0.0%
Median DOM
46
0.0%
New Listings
50
Inventory
443
−1.1%
- Average Rent: $3,096
- Median Rent: $2,850
- Rent Range: $950 – $6,465
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,030 / 970
- Square Footage Range: 300 – 3,800
- Days on Market (Avg/Median): 63 / 46
- Days on Market Range: 1 – 344
- New Listings: 50
- Total Listings: 443
Rentals by Property Type
Apartment
$2,850
Median DOM: 39
Inventory: 141
MoM: 0.0%
Condo
$2,450
Median DOM: 59
Inventory: 38
MoM: 0.0%
Single Family
$3,450
Median DOM: 79
Inventory: 19
MoM: 0.0%
Townhouse
$3,500
Median DOM: 20
Inventory: 8
MoM: 0.0%
Apartment
Avg/Median Rent$3,141 / $2,850Range$1,450 – $6,465Rent per Sq Ft$3 / $3Sq Ft1,026 / 967DOM56 / 39New27Total141
Condo
Avg/Median Rent$2,831 / $2,450Range$1,750 – $6,250Rent per Sq Ft$3 / $3Sq Ft1,048 / 800DOM72 / 59New4Total38
Multi-Family
Avg/Median Rent$3,057 / $2,850Range$950 – $6,000Rent per Sq Ft$3 / $3Sq Ft999 / 999DOM64 / 48New18Total237
Single Family
Avg/Median Rent$3,370 / $3,450Range$1,895 – $4,900Rent per Sq Ft$3 / $3Sq Ft1,413 / 1,100DOM86 / 79New1Total19
Townhouse
Avg/Median Rent$4,081 / $3,500Range$2,700 – $6,000Rent per Sq Ft$4 / $3Sq Ft1,100 / 1,000DOM41 / 20New0Total8
Rentals by Bedroom Count
Studio
Avg:$2,403Median:$2,275Range:$1,800 – $3,550PSF:$4 / $4Sq Ft:666 / 583DOM:94 / 100New:0Total:16
1 Beds
Avg:$2,453Median:$2,495Range:$950 – $3,745PSF:$3 / $3Sq Ft:804 / 800DOM:55 / 37New:16Total:177
2 Beds
Avg:$3,644Median:$3,400Range:$1,800 – $6,000PSF:$3 / $3Sq Ft:1,187 / 1,180DOM:68 / 60New:20Total:153
3 Beds
Avg:$3,482Median:$3,100Range:$2,200 – $6,465PSF:$3 / $3Sq Ft:1,394 / 1,400DOM:62 / 48New:11Total:80
4 Beds
Avg:$3,628Median:$3,200Range:$2,350 – $6,250PSF:$3 / $3Sq Ft:1,797 / 1,200DOM:86 / 59New:2Total:16
5 Beds
Avg:$4,900Median:$4,900Range:$4,900 – $4,900PSF:$2 / $2Sq Ft:2,850 / 2,850DOM:2 / 2New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,403 | $2,275 | $1,800 – $3,550 | $4 / $4 | 666 / 583 | 94 / 100 | 0 | 16 |
| 1 Beds | $2,453 | $2,495 | $950 – $3,745 | $3 / $3 | 804 / 800 | 55 / 37 | 16 | 177 |
| 2 Beds | $3,644 | $3,400 | $1,800 – $6,000 | $3 / $3 | 1,187 / 1,180 | 68 / 60 | 20 | 153 |
| 3 Beds | $3,482 | $3,100 | $2,200 – $6,465 | $3 / $3 | 1,394 / 1,400 | 62 / 48 | 11 | 80 |
| 4 Beds | $3,628 | $3,200 | $2,350 – $6,250 | $3 / $3 | 1,797 / 1,200 | 86 / 59 | 2 | 16 |
| 5 Beds | $4,900 | $4,900 | $4,900 – $4,900 | $2 / $2 | 2,850 / 2,850 | 2 / 2 | 1 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$599,000Median DOM:38New:57Total:204
Nov 2025
Median Price:$599,999Median DOM:41New:33Total:190
Dec 2025
Median Price:$625,000Median DOM:58New:25Total:163
Jan 2026
Median Price:$600,000Median DOM:50New:50Total:168
Feb 2026
Median Price:$625,000Median DOM:40New:57Total:182
Mar 2026
Median Price:$605,000Median DOM:36New:14Total:182
6-Month Rental Trend
Oct 2025
Median Rent:$2,800Median DOM:33New:123Total:384
Nov 2025
Median Rent:$2,800Median DOM:39New:97Total:378
Dec 2025
Median Rent:$2,850Median DOM:45New:110Total:376
Jan 2026
Median Rent:$2,895Median DOM:51New:119Total:402
Feb 2026
Median Rent:$2,850Median DOM:46New:115Total:448
Mar 2026
Median Rent:$2,850Median DOM:46New:50Total:443
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. 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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