Is Brooklyn, NY 11225 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Brooklyn is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score38/ 100

More competitive than 37% of U.S. ZIP codes, and #532 of 649 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.3Under 4 months = seller’s market
Sold above original list28%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market77Listing to accepted offer
Median price per sq ft$885▲ +4.1% vs. last year

The Brooklyn housing market right now

In the three months ending August 31, 2026, 28% of homes in Brooklyn, NY 11225 sold above their list price, the typical home went under contract in 77 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 26 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 34%, homes sold more slowly (44 days then) and the median sale price rose 17% to $1,629,295. Overall, Brooklyn is less competitive than a year ago, which gives buyers more room.

Within Kings County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell more often over asking than in 68%. On our competition score, Brooklyn ranks #532 of 649 NY ZIP codes with enough sales (score 38 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.

Nearby markets

Brooklyn 11201Seller’s market $1,355 /sq ftBrooklyn 11203Buyer’s market $432 /sq ftBrooklyn 11204Balanced $685 /sq ftBrooklyn 11205Seller’s market $1,061 /sq ft Browse all markets →

Where Brooklyn is

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Questions about Brooklyn real estate

Is Brooklyn a buyer’s or seller’s market?

A balanced market: there were 4.3 months of supply in Brooklyn, NY 11225 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Brooklyn?

The typical home went under contract in 77 days in the latest three months.

Do homes in Brooklyn sell over asking?

28% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.

What are property taxes in Brooklyn?

About 0.71% of a home’s value a year in Kings County, or roughly $2,840 on a $400,000 home.

What is the median home price in Brooklyn?

The median sale price was $1,629,295 in the three months ending August 31, 2026, about $885 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology