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Bedford Stuyvesant (Bed-Stuy) Bedford-Stuyvesant Crown Heights Medgar Evers Houses

BROOKLYN, NY 11216

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 11216

Bedford Stuyvesant (Bed-Stuy) · Bedford-Stuyvesant · Crown Heights · Medgar Evers Houses

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BROOKLYN, NY real estate market (11216) currently shows 70 active listings, with 25 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 50 days on market compared to 46 days last year.

The median listing price has risen 29.8% year-over-year, from $1,125,000 to $1,460,000.

Whether you are buying or selling in BROOKLYN, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 62,373  ·  Density: 25,082.4/mi²  ·  Median household income: $92,684

Typical home value: $1,354,820  ·  Homeownership: 25.3%

Market Overview

Active Listings
70
⇧ 29.6% vs 54 last year
Pending
25
36% pending ratio
Median Price
$1,460,000
⇧ 29.8% vs $1,125,000 last year
Average Price
$1,819,779
⇧ 30.7% vs $1,392,211 last year
Days on Market
50
⇧ 8.7% vs 46 days last year

Price Per Square Foot

Median $/sqft
$1,077
⇧ 8.5% vs $993/sqft last year
Median Home Size
1,191 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 70 this year vs 54 last year
  • Days on market: 50 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $1,460,000 (+29.8% YoY)
  • Average: $1,819,779 (+30.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 3.4 miles — 1,081 listings ($2,065,696,083 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
11216Brooklyn, NY 112160.0 mi60$106,985,880$1,597,500$1,783,098
11238Brooklyn, NY 112381.1 mi117$178,682,400$1,335,750$1,527,200
11221Brooklyn, NY 112211.3 mi115$125,538,140$898,000$1,091,636
11206Brooklyn, NY 112061.5 mi34$57,269,974$1,227,500$1,684,411
11217Brooklyn, NY 112171.6 mi89$199,446,597$1,642,500$2,240,973
11237Brooklyn, NY 112372.2 mi23$22,390,707$785,564$973,509
11212Brooklyn, NY 112122.3 mi28$23,874,732$790,950$852,669
11211Brooklyn, NY 112112.3 mi85$156,391,075$1,458,750$1,839,895
11201Brooklyn, NY 112012.4 mi240$640,421,520$1,696,000$2,668,423
11218Brooklyn, NY 112183.0 mi97$87,001,531$694,000$896,923
11231Brooklyn, NY 112313.0 mi45$121,852,710$2,422,500$2,707,838
11222Brooklyn, NY 112223.3 mi79$195,774,166$1,865,000$2,478,154
10038New York, NY 100383.4 mi69$150,066,651$1,186,000$2,174,879

Frequently Asked Questions

How many homes are for sale in BROOKLYN, NY 11216?

As of March 2026, there are 70 active listings in BROOKLYN, NY (zip code 11216), compared to 54 the prior year.

What is the median home price in BROOKLYN, NY 11216?

The median listing price in BROOKLYN, NY 11216 is $1,460,000 as of March 2026, a 29.8% increase from $1,125,000 the prior year.

How long do homes stay on the market in BROOKLYN, NY?

Homes in BROOKLYN, NY 11216 spend an average of 50 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in BROOKLYN, NY 11216?

Based on current inventory and days-on-market data as of March 2026, BROOKLYN, NY 11216 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 50 days on market compared to 46 days last year.

How much can I save on real estate commission in BROOKLYN, NY?

With SELL123.com's maximum 3% commission, sellers in BROOKLYN, NY 11216 save an estimated $29,200 compared to a typical 5% commission on the median listing price of $1,460,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.