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Clinton Hill Crown Heights Fort Greene Prospect Heights Prospect Park

BROOKLYN, NY 11238

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

Neighborhoods in ZIP 11238

Clinton Hill · Crown Heights · Fort Greene · Prospect Heights · Prospect Park

Market Analysis

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

The BROOKLYN, NY real estate market (11238) currently shows 125 active listings, with 37 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 45 days on market compared to 28 days last year.

The median listing price has fallen 20.1% year-over-year, from $1,499,500 to $1,198,750.

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: 58,047  ·  Density: 12,120.8/mi²  ·  Median household income: $125,747

Typical home value: $1,144,620  ·  Homeownership: 28.9%

Market Overview

Active Listings
125
⇧ 3.3% vs 121 last year
Pending
37
30% pending ratio
Median Price
$1,198,750
⇩ 20.1% vs $1,499,500 last year
Average Price
$1,472,308
⇩ 25.4% vs $1,973,802 last year
Days on Market
45
⇧ 60.7% vs 28 days last year

Price Per Square Foot

Median $/sqft
$1,381
⇧ 2.2% vs $1,351/sqft last year
Median Home Size
946 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 125 this year vs 121 last year
  • Days on market: 45 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $1,198,750 (-20.1% YoY)
  • Average: $1,472,308 (-25.4% 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 3.3 miles — 1,096 listings ($1,755,576,981 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
11238Brooklyn, NY 112380.0 mi117$178,682,400$1,335,750$1,527,200
11243Brooklyn, NY 112431.0 mi5$4,146,875$722,500$829,375
11216Brooklyn, NY 112161.1 mi60$106,985,880$1,597,500$1,783,098
11213Brooklyn, NY 112131.6 mi38$51,044,070$914,500$1,343,265
11226Brooklyn, NY 112261.8 mi80$81,597,040$630,000$1,019,963
11201Brooklyn, NY 112012.1 mi240$640,421,520$1,696,000$2,668,423
11203Brooklyn, NY 112032.2 mi85$63,862,370$720,000$751,322
11221Brooklyn, NY 112212.5 mi115$125,538,140$898,000$1,091,636
11233Brooklyn, NY 112332.5 mi42$60,258,786$1,423,725$1,434,733
11212Brooklyn, NY 112122.8 mi28$23,874,732$790,950$852,669
11210Brooklyn, NY 112103.2 mi110$93,768,620$499,000$852,442
11211Brooklyn, NY 112113.2 mi85$156,391,075$1,458,750$1,839,895
10005New York, NY 100053.3 mi91$169,005,473$1,295,000$1,857,203

Frequently Asked Questions

How many homes are for sale in BROOKLYN, NY 11238?

As of March 2026, there are 125 active listings in BROOKLYN, NY (zip code 11238), compared to 121 the prior year.

What is the median home price in BROOKLYN, NY 11238?

The median listing price in BROOKLYN, NY 11238 is $1,198,750 as of March 2026, a 20.1% decrease from $1,499,500 the prior year.

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

Homes in BROOKLYN, NY 11238 spend an average of 45 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in BROOKLYN, NY 11238?

Based on current inventory and days-on-market data as of March 2026, BROOKLYN, NY 11238 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 28 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 11238 save an estimated $23,975 compared to a typical 5% commission on the median listing price of $1,198,750. 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.