Market Intelligence · NY / Brooklyn

Brooklyn, NY 11238 Housing Market

The typical home in Brooklyn, NY 11238 is worth $1,263,118, up 5.2% over the past year. Homes are listed at a median of $1,225,000 and spend a median of 46 days on the market.

Updated August 2026Median value$1263K

The median home value in Brooklyn, NY 11238 is $1.26M as of August 2026, up 5.2% 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 11238 range

$1.16M to $1.36M

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

+5.2% over 12 months

Typical home value in 11238 over the last 12 months: $1.2M in Aug 2025 to $1.26M in Aug 2026 (+5.2%).

Aug 2025$1.2M

Aug 2026$1.26M

The numbers

What is the 11238 housing market like?

Typical home value

$1.26M

Up5.2%YoY

Median list price

$1.23M

Down4.7%MoM

Days on market

46

Flat0.0%MoM

Homes for sale

64

Down23.8%MoM

Price cuts

2.8%

Down41.1%MoM

New listings

28

Down6.7%MoM

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

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The comparison

How do 11238 home prices compare?

  • 11238$1,263,118
  • 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

Brooklyn, NY 11238 had 64 homes for sale as of 2026-08-01, with 28 new listings added. The median list price is $1,225,000, while the typical home value sits at $1,263,118, up 5.2% over the past year. Homes are moving in a median of 46 days, and only 2.8% of listings have taken a price cut. That tells you buyers are paying close to asking and correctly priced homes are not sitting long. The honest read is that this is a healthy market where getting the price right matters more than leaving room to negotiate.

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