How much is a home in 11216 worth?

The typical home value in 11216 is $1,225,235, up 3.6% over the past year.

How long do homes take to sell in 11216?

Homes in 11216 spend a median of 68 days on the market, so sellers should expect a measured pace rather than a quick bidding war.

Are sellers cutting prices in 11216?

Currently, 0.0% of listings in 11216 have a price cut, indicating sellers are holding firm on asking prices.

Market Intelligence · NY / Brooklyn

Brooklyn, NY 11216 Housing Market

The typical home value in Brooklyn's 11216 ZIP code is $1,225,235, up 3.6% over the past year. The median list price sits at $1,149,500, and homes spend a median of 68 days on the market.

Updated August 2026Median value$1225K

The median home value in Brooklyn, NY 11216 is $1.23M as of August 2026, up 3.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 11216 range

$1.13M to $1.32M

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

+3.6% over 12 months

Aug 2025$1.18M

Low $1.18MHigh $1.24M

Aug 2026$1.23M

The numbers

What is the 11216 housing market like?

As of August 2026

Typical home value

$1.23M

3.6%YoY

Median list price

$1.15M

7.2%MoM

Days on market

23.6%MoM

Homes for sale

15.8%MoM

Price cuts

0.0%

100.0%MoM

New listings

33.3%MoM

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

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The comparison

How do 11216 home prices compare?

11216$1,225,235
Brooklyn$1,036,505
New York$332,241
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Brooklyn: 38 ZIPs; New York: 1,561 ZIPs; United States: 26,265 ZIPs).

Context

There are 48 homes for sale in 11216, with 16 new listings coming on recently. The median list price of $1,149,500 comes in below the typical home value of $1,225,235, which suggests sellers are pricing with some room under peak value. Homes take a median of 68 days to move, so buyers have time to look around. Notably, 0.0% of current listings carry a price cut, meaning sellers are holding their asking prices rather than chasing the market down. For a seller, the data points to a market where patient, realistic pricing still works, but overpricing will cost you time.

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