Market Intelligence · NY / Brooklyn

Brooklyn, NY 11231 Housing Market

The typical home in Brooklyn, NY 11231 is worth $1,786,226, up 3.6% over the past year. Sellers are asking a median list price of $1,949,000, and homes spend a median of 46 days on the market.

Updated August 2026Median value$1786K

The median home value in Brooklyn, NY 11231 is $1.79M 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 11231 range

$1.64M to $1.93M

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

Typical home value in 11231 over the last 12 months: $1.72M in Aug 2025 to $1.79M in Aug 2026 (+3.6%).

Aug 2025$1.72M

Aug 2026$1.79M

The numbers

What is the 11231 housing market like?

Typical home value

$1.79M

Up3.6%YoY

Median list price

$1.95M

Down3.1%MoM

Days on market

46

Flat0.0%MoM

Homes for sale

26

Down38.1%MoM

Price cuts

0.0%

Down100.0%MoM

New listings

8

Down85.7%MoM

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

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The comparison

How do 11231 home prices compare?

  • 11231$1,786,226
  • 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 26 homes for sale in Brooklyn, NY 11231, with 8 new listings coming to market. The typical home value is $1,786,226, up 3.6% over the past year. The median list price sits at $1,949,000, and homes take a median of 46 days to go under contract. Notably, 0.0% of current listings have had a price cut, which means sellers are holding firm on asking prices. For a seller, values are rising and buyers are paying without demanding discounts, so pricing right from the start matters.

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