ZIP 07050 Housing Market Report

New York Metro

Report period: March 2026

07050 Monthly Market Update – March 2026

ZIP 07050 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$499,000
0.0%
Median DOM (Sales)
36
−5.3%
New Listings (Sales)
5
−85.3%
Median Rent
$2,031
−0.9%
Median DOM (Rental)
28
+12.0%
Total Rental Listings
212
+0.5%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (35 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($750,000 median)

Sales Market Overview

Median Price
$499,000
0.0%
Median DOM
36
−5.3%
New Listings
5
−85.3%
Inventory
120
−3.2%
  • Average Price: $513,748
  • Median Price: $499,000
  • Price Range: $149,000 – $999,800
  • Price per Sq Ft (Avg/Median): $248 / $254
  • Square Footage (Avg/Median): 3,682 / 2,186
  • Square Footage Range: 978 – 19,998
  • Days on Market (Avg/Median): 61 / 36
  • Days on Market Range: 2 – 280
  • New Listings: 5
  • Total Listings: 120

Sales by Property Type

Condo
Avg/Median Price$231,400 / $149,000Range$149,000 – $450,000Price per Sq Ft$346 / $346Sq Ft1,302 / 1,302DOM40 / 37New0Total5
Land
Avg/Median Price$307,571 / $249,000Range$199,000 – $699,000Price per Sq FtSq FtDOM58 / 36New2Total14
Multi-Family
Avg/Median Price$582,945 / $550,000Range$350,000 – $775,000Price per Sq Ft$238 / $252Sq Ft3,868 / 2,044DOM61 / 56New1Total40
Single Family
Avg/Median Price$538,836 / $499,000Range$299,900 – $999,800Price per Sq Ft$249 / $250Sq Ft3,691 / 2,452DOM64 / 35New2Total61

Sales by Bedroom Count

Studio
Avg:$350,000Median:$350,000Range:$350,000 – $350,000PSF:Sq Ft:DOM:21 / 21New:0Total:1
1 Beds
Avg:$149,000Median:$149,000Range:$149,000 – $149,000PSF:Sq Ft:DOM:25 / 19New:0Total:3
2 Beds
Avg:$414,818Median:$389,000Range:$350,000 – $695,000PSF:$288 / $178Sq Ft:2,439 / 978DOM:63 / 62New:0Total:11
3 Beds
Avg:$457,733Median:$450,000Range:$260,000 – $789,000PSF:$263 / $306Sq Ft:4,273 / 1,444DOM:53 / 42New:0Total:27
4 Beds
Avg:$539,064Median:$545,000Range:$375,000 – $750,000PSF:$226 / $206Sq Ft:4,370 / 1,938DOM:76 / 56New:1Total:25
5 Beds
Avg:$614,184Median:$549,900Range:$499,999 – $999,800PSF:$225 / $182Sq Ft:3,146 / 2,186DOM:58 / 71New:0Total:13
6 Beds
Avg:$763,750Median:$750,000Range:$495,000 – $950,000PSF:$251 / $250Sq Ft:3,342 / 3,300DOM:52 / 21New:0Total:12
7 Beds
Avg:$652,100Median:$675,000Range:$549,999 – $725,000PSF:$200 / $200Sq Ft:2,997 / 2,997DOM:83 / 54New:1Total:10
8 Beds
Avg:$619,500Median:$539,000Range:$520,000 – $720,000PSF:$302 / $254Sq Ft:2,021 / 1,998DOM:43 / 19New:1Total:4

Rental Market Overview

Median Rent
$2,031
−0.9%
Median DOM
28
+12.0%
New Listings
31
Inventory
212
+0.5%
  • Average Rent: $2,163
  • Median Rent: $2,031
  • Rent Range: $1,220 – $6,083
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 823 / 724
  • Square Footage Range: 400 – 2,873
  • Days on Market (Avg/Median): 52 / 28
  • Days on Market Range: 1 – 347
  • New Listings: 31
  • Total Listings: 212

Rentals by Property Type

Apartment
$1,955
Median DOM: 34
Inventory: 123
MoM: −0.9%
Condo
$2,067
Median DOM: 1
Inventory: 39
MoM: −0.9%
Single Family
$2,500
Median DOM: 45
Inventory: 16
MoM: −0.9%
Townhouse
$2,500
Median DOM: 15
Inventory: 4
MoM: −0.9%
Apartment
Avg/Median Rent$2,039 / $1,955Range$1,220 – $6,083Rent per Sq Ft$3 / $3Sq Ft782 / 720DOM62 / 34New11Total123
Condo
Avg/Median Rent$2,036 / $2,067Range$1,299 – $2,750Rent per Sq Ft$3 / $3Sq Ft754 / 709DOM12 / 1New15Total39
Multi-Family
Avg/Median Rent$2,378 / $2,300Range$1,600 – $3,800Rent per Sq Ft$2 / $3Sq Ft1,220 / 850DOM72 / 52New4Total30
Single Family
Avg/Median Rent$2,987 / $2,500Range$1,599 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,588 / 1,300DOM55 / 45New1Total16
Townhouse
Avg/Median Rent$2,338 / $2,500Range$1,750 – $2,600Rent per Sq FtSq FtDOM22 / 15New0Total4

Rentals by Bedroom Count

Studio
Avg:$1,750Median:$1,733Range:$1,220 – $3,500PSF:$3 / $3Sq Ft:651 / 555DOM:70 / 28New:4Total:27
1 Beds
Avg:$1,888Median:$1,875Range:$1,299 – $4,187PSF:$3 / $3Sq Ft:709 / 680DOM:42 / 25New:13Total:79
2 Beds
Avg:$2,249Median:$2,150Range:$1,750 – $3,115PSF:$2 / $3Sq Ft:982 / 935DOM:61 / 30New:8Total:74
3 Beds
Avg:$2,823Median:$2,600Range:$2,050 – $6,083PSF:$4 / $2Sq Ft:1,313 / 900DOM:44 / 28New:6Total:25
4 Beds
Avg:$3,010Median:$2,450Range:$2,300 – $4,200PSF:$2 / $2Sq Ft:1,300 / 1,300DOM:58 / 64New:0Total:5
5 Beds
Avg:$5,500Median:$5,500Range:$5,500 – $5,500PSF:Sq Ft:DOM:48 / 48New:0Total:1
6 Beds
Avg:$4,750Median:$4,750Range:$4,750 – $4,750PSF:$2 / $2Sq Ft:2,500 / 2,500DOM:1 / 1New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$550,000Median DOM:45New:29Total:135
Nov 2025
Median Price:$549,000Median DOM:46New:31Total:139
Dec 2025
Median Price:$549,900Median DOM:62New:10Total:116
Jan 2026
Median Price:$499,999Median DOM:69New:33Total:122
Feb 2026
Median Price:$499,000Median DOM:38New:34Total:124
Mar 2026
Median Price:$499,000Median DOM:36New:5Total:120

6-Month Rental Trend

Oct 2025
Median Rent:$2,123Median DOM:37New:53Total:174
Nov 2025
Median Rent:$2,140Median DOM:39New:55Total:171
Dec 2025
Median Rent:$2,100Median DOM:22New:80Total:201
Jan 2026
Median Rent:$2,067Median DOM:29New:65Total:207
Feb 2026
Median Rent:$2,050Median DOM:25New:69Total:211
Mar 2026
Median Rent:$2,031Median DOM:28New:31Total:212

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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