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Brooklyn

BROOKLYN, NY 11231

Real Estate Market Report  ·  Kings County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
46
⇩ 19.3% vs 57 last year
Pending
18
39% pending ratio
Median Price
$2,547,000
⇩ 5.2% vs $2,687,499 last year
Average Price
$2,911,143
⇩ 5.9% vs $3,092,574 last year
Days on Market
90
⇧ 7.1% vs 84 days last year

Market Context

Population: 38,829  ·  Density: 10,521.1/mi²  ·  Median household income: $130,396

Typical home value: $1,775,500  ·  Homeownership: 30.7%

Market Analysis

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

The BROOKLYN, NY real estate market (11231) currently shows 46 active listings, with 18 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 90 days on market compared to 84 days last year.

The median listing price has fallen 5.2% year-over-year, from $2,687,499 to $2,547,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 57 last year
  • Days on market: 90 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $2,547,000 (-5.2% YoY)
  • Average: $2,911,143 (-5.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 3.5 miles — 1,026 listings ($2,706,806,917 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
11231Brooklyn, NY 112310.0 mi46$133,912,578$2,547,000$2,911,143
11243Brooklyn, NY 112431.3 mi4$5,339,000$1,207,500$1,334,750
10004New York, NY 100041.4 mi63$113,176,224$1,395,000$1,796,448
11201Brooklyn, NY 112011.5 mi241$626,542,642$1,699,500$2,599,762
11238Brooklyn, NY 112382.1 mi114$181,582,506$1,295,000$1,592,829
10006New York, NY 100062.3 mi53$105,718,146$1,550,000$1,994,682
11205Brooklyn, NY 112052.5 mi51$118,510,587$1,100,000$2,323,737
10007New York, NY 100072.6 mi67$317,516,149$3,500,000$4,739,047
10282New York, NY 102822.8 mi10$58,057,140$2,500,000$5,805,714
10002New York, NY 100022.9 mi131$289,645,716$1,550,000$2,211,036
11219Brooklyn, NY 112193.0 mi39$37,719,864$798,000$967,176
11226Brooklyn, NY 112263.3 mi81$85,972,023$635,000$1,061,383
10012New York, NY 100123.5 mi126$633,114,342$3,500,000$5,024,717

Frequently Asked Questions

How many homes are for sale in BROOKLYN, NY 11231?

As of January 2026, there are 46 active listings in BROOKLYN, NY (zip code 11231), compared to 57 the prior year.

What is the median home price in BROOKLYN, NY 11231?

The median listing price in BROOKLYN, NY 11231 is $2,547,000 as of January 2026, a 5.2% decrease from $2,687,499 the prior year.

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

Homes in BROOKLYN, NY 11231 spend an average of 90 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in BROOKLYN, NY 11231?

Based on current inventory and days-on-market data as of January 2026, BROOKLYN, NY 11231 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 90 days on market compared to 84 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 11231 save an estimated $50,940 compared to a typical 5% commission on the median listing price of $2,547,000. 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.