Brooklyn, NY Real Estate Market Trends & Home Values

Brooklyn, NY Market Overview

Real estate market trends reflect that there have been 11862 transactions over the past year in Brooklyn. The median value for residential home transactions that occurred over the previous year is $999,777. The number of current listings in Brooklyn is 1,758, and the percentage of properties for sale in the city is 18.7%. Brooklyn, NY currently has 7655 properties in foreclosure, 4 bank owned properties, 83 properties headed for auction, and 1758 properties for sale.

Active Residential Inventory

9,413

Total Inventory

Recently Sold Properties

9,273

Total Sales (Last 6 Months)

Foreclosures ( 7,655 )

81.3%

Pre-foreclosures ( 7,568 )

80.4%

Bank Owned ( 4 )

Auctions ( 83 )

0.9%

For Sale ( 1,758 )

18.7%

Brooklyn, NY Home Values

$999,777

Brooklyn home values range from $28,533 to $54,202,500. The median estimated value of a home in Brooklyn is $999,777. The median list price of a home is $1,105,366, and the total count of properties in the city is 242,620.

Brooklyn, NY Real Estate Market Overview

Brooklyn, NY Foreclosures Market Overview

Last 24 Hours

Zip Code	Median Est. Value
11221	$1,386,000 $594.00/sqft
11233	$1,233,000 $591.00/sqft
11210	$957,038 $529.33/sqft
11235	$857,957 $591.50/sqft
11234	$780,244 $440.00/sqft
11208	$769,840 $401.40/sqft
11236	$761,203 $413.83/sqft
11207	$750,435 $395.46/sqft
11203	$716,709 $428.00/sqft
11212	$704,100 $403.50/sqft

There are 40 zip codes within Brooklyn, NY; within these zip codes, the median estimated home value for homes in foreclosure ranges from $9,867,000 in 11229 to the lowest value of $31,308 in 11207. Foreclosure homes account for 3.16% of properties in Brooklyn, NY with 11236 containing 1,028 foreclosures, the highest number of foreclosure properties in a single zip code.