Market Intelligence · NY / Brooklyn

Brooklyn, NY 11218 Housing Market

The typical home value in Brooklyn 11218 is $973,500, up 5.1% over the past year. The median list price stands at $772,000, with homes spending a median of 56 days on market as of September 2026.

Updated September 2026Median value$974K

The median home value in Brooklyn, NY 11218 is $974K as of September 2026, up 5.1% 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 11218 range

$896K to $1.05M

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

+5.1% over 12 months

Typical home value in 11218 over the last 12 months: $926K in Sep 2025 to $974K in Sep 2026 (+5.1%).

Sep 2025$926K

Sep 2026$974K

The numbers

What is the 11218 housing market like?

Typical home value

$974K

Up5.1%YoY

Median list price

$772K

Down3.4%MoM

Days on market

56

Up12.0%MoM

Homes for sale

73

Up12.3%MoM

Price cuts

5.4%

Down26.2%MoM

New listings

36

Up80.0%MoM

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

The outlook

11218 housing market forecast 2027

+3.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 11218 to rise 3.0% by September 2027.

Over the 12 months through September 2026, typical home values in 11218 rose 5.1%, per the Zillow Home Value Index.

Will home prices drop in 11218?

Zillow's forecast does not call for a drop: it expects typical home values in 11218 to rise 3.0% by September 2027, after a 5.1% 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 11218 home prices compare?

  • 11218$973,500
  • 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 11218 has 73 homes for sale, with 36 new listings added in September 2026. The median time on market is 56 days, suggesting moderate buyer interest. Only 5.4% of listings have seen a price cut, indicating most sellers are holding firm on their asking prices. The median list price of $772,000 reflects the area's mid-market positioning, well below the typical home value of $973,500. For a seller, the market appears steady but not hot, with plenty of inventory and a reasonable timeframe to find a buyer.

Monthly payment

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20% · $194,700

Common questions

What people ask us.

What is a typical home worth in Brooklyn 11218?

The typical home value is $973,500, up 5.1% over the past year.

How many homes are for sale right now?

There are 73 homes for sale as of September 2026, with 36 new listings added that month.

How long do homes typically stay on the market?

The median days on market is 56 as of September 2026.

Discover

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