Is Brooklyn, NY 11249 a buyer’s or seller’s market?

The Brooklyn housing market right now

In the three months ending August 31, 2026, 10% of homes in Brooklyn, NY 11249 sold above their list price, the typical home went under contract in 43 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 81 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 34%, homes sold more slowly (24 days then) and the median sale price rose 80% to $2,336,489. Overall, Brooklyn is less competitive than a year ago, which gives buyers more room.

Within Kings County, homes here sell faster than in 86% of the county’s ZIP codes, and sell less often over asking than in 86%. On our competition score, Brooklyn ranks #480 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.