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Market Intelligence · NY / Brooklyn

Brooklyn, NY 11229 Housing Market

Typical home values in Brooklyn's 11229 ZIP code stand at $770,010, up 2.6% over the past year. The median list price is $483,750, and homes are typically on the market for 90 days before selling.

Updated September 2026Median value$770K

The median home value in Brooklyn, NY 11229 is $770K as of September 2026, up 2.6% 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 11229 range

$708K to $832K

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

+2.6% over 12 months

Typical home value in 11229 over the last 12 months: $750K in Sep 2025 to $770K in Sep 2026 (+2.6%).

Sep 2025$750K

Sep 2026$770K

The numbers

What is the 11229 housing market like?

Typical home value

$770K

Up2.6%YoY

Median list price

$484K

Up0.8%MoM

Days on market

90

Up5.9%MoM

Homes for sale

194

Up4.9%MoM

Price cuts

9.5%

Down24.8%MoM

New listings

40

Up25.0%MoM

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

The outlook

11229 housing market forecast 2027

+2.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 11229 to rise 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in 11229 rose 2.6%, per the Zillow Home Value Index.

Will home prices drop in 11229?

Zillow's forecast does not call for a drop: it expects typical home values in 11229 to rise 2.1% by September 2027, after a 2.6% 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 11229 home prices compare?

  • 11229$770,010
  • 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

The 11229 market shows moderate activity, with 194 homes for sale and 40 new listings as of September 2026. The median time to sale of 90 days suggests a fairly balanced market where neither buyers nor sellers dominate negotiations. Just 9.5% of listings have taken a price cut, which aligns with the modest appreciation the area has seen. However, the gap between typical home value and median list price warrants close attention, and the steady days-on-market timeline means sellers should be prepared for a longer sales cycle.

Monthly payment

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20% · $154,002

Common questions

What people ask us.

What is a typical home worth in 11229?

Typical home values in 11229 are around $770,010, up 2.6% from the prior year.

How long do homes typically stay on the market in 11229?

Homes in 11229 spend a median of 90 days on the market.

How many homes are currently for sale in 11229?

There are 194 homes for sale in the area as of September 2026, with 40 new listings in that same month.

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