11216 Home Values & Market Trends
There are 12 homes currently listed for 11216. 11216 real estate market trends show that home prices range from $400,000 to $2,500,000, and the median sales price in the 11216 zip code is $1,777,783.79. The total number of properties sold within the past twelve months is 286. In 11216, 127 properties are in foreclosure, 0 are bank owned properties,and 9 are headed for auction.
11216 Real Estate Market Overview
City | Median Est. Value |
---|---|
Brooklyn | $ 939,500 $ 581/sqft |
Housing Market Summary for 11216
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $2M | $2M | -1.60% |
Median Sold Price | $1.7M | $2M | 12.94% |
Homes For Sale | 9 | 9 | - |
Homes Sold | 158 | 130 | -17.72% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 11216
Browse Homes in 11216
The median list price of a home in Brooklyn, is $1,777,783.79. A total of 12 properties are for sale, and the percentage of properties for sale in the zip code is 12.00%. The total count of 11216 properties is 4,850.
- Pre-ForeclosurePre-foreclosure homes account for 2.43% of all residential properties in 11216 with brooklyn containing 4309 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 11216; of that cities, the estimated home value for pre-foreclosure homes ranges from $22,241,946 in brooklyn to the lowest home value of $75,012 in brooklyn.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 11216 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 11216. There is 1 cities within 11216; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsbrooklyn has 284 auction properties, the highest number of properties going to auction in a single city in the state of 11216. Auction homes and other auction properties account for 0.19% of all properties in 11216. There is 1 cities within 11216; of that cities, the median estimated home value for homes going to auction ranges from $3,172,000 in brooklyn to the lowest value of $257,771 in brooklyn.
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Guide for 11216
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.