Market Intelligence · NY / Brooklyn

Brooklyn, NY 11232 Housing Market

Homes in Brooklyn's 11232 ZIP are worth $825,460 on average, up 3.6% over the past year. The median list price stands at $893,000, with homes spending a median of 47 days on market as of September 2026.

Updated September 2026Median value$825K

The median home value in Brooklyn, NY 11232 is $825K as of September 2026, up 3.6% 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 11232 range

$759K to $891K

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

Sep 2025$797K

Low $797KHigh $825K

Sep 2026$825K

The numbers

What is the 11232 housing market like?

As of September 2026

Typical home value

$825K

3.6%YoY

Median list price

$893K

8.4%MoM

Days on market

13.0%MoM

Homes for sale

23.5%MoM

Price cuts

4.2%

58.3%MoM

New listings

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

The outlook

11232 housing market forecast 2027

+1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 11232 to rise 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 11232 rose 3.6%, per the Zillow Home Value Index.

Will home prices drop in 11232?

Zillow's forecast does not call for a drop: it expects typical home values in 11232 to rise 1.9% by September 2027, after a 3.6% 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 11232 home prices compare?

11232$825,460
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 11232 market shows moderate activity with 26 homes for sale and 14 new listings as of September 2026. The median asking price of $893,000 sits above the typical home value of $825,460, suggesting sellers are testing market appetite. At 47 days on market, homes are taking a steady amount of time to move. Only 4.2% of listings have received price cuts, which is relatively low. For sellers, the recent year-over-year value growth is encouraging, but inventory and pricing alignment suggest you should be realistic about buyer interest.

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Down payment20% · $165,092

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Common questions

What people ask us.

What is the typical home value in 11232?

As of September 2026, the typical home value in 11232 is $825,460, up 3.6% over the past year.

How long do homes take to sell in 11232?

The median days on market is 47 as of September 2026.

How many homes are currently for sale in 11232?

There are 26 homes for sale as of September 2026, with 14 new listings.

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