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Market Intelligence · NY / Brooklyn

Brooklyn, NY 11216 Housing Market

Typical home value in Brooklyn 11216 is $1,232,197, up 4.1% over the past year. The median list price stands at $1,175,000, with homes spending a median of 72 days on market as of September 2026.

Updated September 2026Median value$1232K

The median home value in Brooklyn, NY 11216 is $1.23M as of September 2026, up 4.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 11216 range

$1.13M to $1.33M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.1% over 12 months

Typical home value in 11216 over the last 12 months: $1.18M in Sep 2025 to $1.23M in Sep 2026 (+4.1%).

Sep 2025$1.18M

Sep 2026$1.23M

The numbers

What is the 11216 housing market like?

Typical home value

$1.23M

Up4.1%YoY

Median list price

$1.18M

Up2.2%MoM

Days on market

72

Up5.9%MoM

Homes for sale

52

Up8.3%MoM

Price cuts

3.9%

New listings

24

Up50.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

11216 housing market forecast 2027

+2.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 11216 to rise 2.4% by September 2027.

Over the 12 months through September 2026, typical home values in 11216 rose 4.1%, per the Zillow Home Value Index.

Will home prices drop in 11216?

Zillow's forecast does not call for a drop: it expects typical home values in 11216 to rise 2.4% by September 2027, after a 4.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 11216 home prices compare?

  • 11216$1,232,197
  • Brooklyn$1,029,637
  • New York$329,626
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Brooklyn: 38 ZIPs; New York: 1,561 ZIPs; United States: 26,262 ZIPs).

Context

Brooklyn 11216 has 52 homes for sale as of September 2026, with 24 new listings added recently. The median asking price is $1,175,000, and properties typically spend 72 days on market before selling. Only 3.9% of listings have seen price cuts, suggesting fairly stable pricing even as the market moves at a moderate pace. For sellers, the data indicates steady appreciation over the past year, but the time homes spend on market suggests you should price realistically and be prepared for a measured sales process.

Monthly payment

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Common questions

What people ask us.

What is the typical home value in 11216?

Typical home value in Brooklyn 11216 is $1,232,197, which has increased 4.1% over the past year.

How long do homes stay on the market in 11216?

Homes in this ZIP spend a median of 72 days on market before selling, as of September 2026.

How many homes are currently for sale in 11216?

There are 52 homes for sale in Brooklyn 11216 as of September 2026, with 24 new listings recently added.

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