Is Brooklyn, NY 11211 a buyer’s or seller’s market?

The Brooklyn housing market right now

In the three months ending August 31, 2026, 27% of homes in Brooklyn, NY 11211 sold above their list price, the typical home went under contract in 69 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 46 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 22%, homes sold more slowly (42 days then) and the median sale price rose 21% to $1,624,297. Overall, Brooklyn is less competitive than a year ago, which gives buyers more room.

Within Kings County, homes here sell more slowly than in 65% of the county’s ZIP codes, and sell more often over asking than in 65%. On our competition score, Brooklyn ranks #478 of 649 NY ZIP codes with enough sales (score 46 out of 100).

Nearby, buyers who want less competition could look at Brooklyn 11239 (0% sold over asking) or Brooklyn 11237 (0% sold over asking), while Brooklyn 11215 (49% sold over asking) and Brooklyn 11217 (46% sold over asking) are even more competitive.