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Brooklyn

BROOKLYN, NY 11238

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

Market Overview

Active Listings
114
⇧ 15.2% vs 99 last year
Pending
47
41% pending ratio
Median Price
$1,295,000
⇩ 8.8% vs $1,420,000 last year
Average Price
$1,592,829
⇩ 12.9% vs $1,829,005 last year
Days on Market
57
⇩ 3.4% vs 59 days last year

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 Analysis

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

The BROOKLYN, NY real estate market (11238) currently shows 114 active listings, with 47 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are selling faster, averaging 57 days on market compared to 59 days last year.

The median listing price has fallen 8.8% year-over-year, from $1,420,000 to $1,295,000.

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: 114 this year vs 99 last year
  • Days on market: 57 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $1,295,000 (-8.8% YoY)
  • Average: $1,592,829 (-12.9% 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 3.3 miles — 1,085 listings ($1,754,984,973 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
11238Brooklyn, NY 112380.0 mi114$181,582,506$1,295,000$1,592,829
11243Brooklyn, NY 112431.0 mi4$5,339,000$1,207,500$1,334,750
11216Brooklyn, NY 112161.1 mi54$95,191,740$1,450,000$1,762,810
11213Brooklyn, NY 112131.6 mi35$41,908,020$800,000$1,197,372
11226Brooklyn, NY 112261.8 mi81$85,972,023$635,000$1,061,383
11201Brooklyn, NY 112012.1 mi241$626,542,642$1,699,500$2,599,762
11203Brooklyn, NY 112032.2 mi86$61,252,382$715,000$712,237
11221Brooklyn, NY 112212.5 mi113$120,638,009$899,000$1,067,593
11233Brooklyn, NY 112332.5 mi45$59,406,345$1,297,000$1,320,141
11212Brooklyn, NY 112122.8 mi31$26,112,230$762,450$842,330
11210Brooklyn, NY 112103.2 mi114$94,106,658$479,000$825,497
11211Brooklyn, NY 112113.2 mi83$122,941,758$1,312,500$1,481,226
10005New York, NY 100053.3 mi84$233,991,660$1,295,000$2,785,615

Frequently Asked Questions

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

As of January 2026, there are 114 active listings in BROOKLYN, NY (zip code 11238), compared to 99 the prior year.

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

The median listing price in BROOKLYN, NY 11238 is $1,295,000 as of January 2026, a 8.8% decrease from $1,420,000 the prior year.

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

Homes in BROOKLYN, NY 11238 spend an average of 57 days on the market before going under contract, compared to 59 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 January 2026, BROOKLYN, NY 11238 is currently a Balanced Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are selling faster, averaging 57 days on market compared to 59 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 $25,900 compared to a typical 5% commission on the median listing price of $1,295,000. 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.