4-week rolling average · Data through March 12, 2026 · ZIP 11201
Brooklyn's 11201 zip code is running warm with a market temperature score of 74, where homes are selling at a median of $1,600,000 against a median list price of $1,675,000, suggesting buyers are negotiating modest discounts. With 278 active listings and a median days on market of just 29, this is a competitive but not frenzied market where well-priced homes move quickly. At $1,482.46 per square foot, Brooklyn Heights and DUMBO remain among the most premium-priced neighborhoods in all of New York City.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $875K | $5K/mo |
| 2BR | $1.75M | $7K/mo |
| 3BR | $3.50M | $8K/mo |
| 4BR | $5.63M | — |
| 5BR | $4.70M | — |
| 6BR | $3M | — |
| 7BR | $6.50M | — |
Sellers are currently pricing at a median of $1,675,000 but closing at $1,600,000, so setting a realistic and strategic list price is critical to attracting serious buyers. With only 278 homes available and a 29-day median time on market, well-conditioned and properly priced homes are still moving at a healthy pace.
Buyers in zip code 11201 are finding some room to negotiate, with the median sale price landing $75,000 below the median list price of $1,675,000. Acting with preparation is key since the 29-day median days on market signals that desirable properties do not sit long, and the market temperature score of 74 confirms continued seller-side momentum.
With a median rent of $4,860 and robust rental inventory of 1,378 units, 11201 offers strong rental demand that supports long-term income potential in one of Brooklyn's most sought-after zip codes. A 2-bedroom unit commands a median sale price of $1,750,000 and rents for $6,645 per month, which investors should weigh carefully against financing costs at the current 30-year rate of 6%.
The current 30-year fixed mortgage rate sits at 6% and the 15-year fixed rate is at 5.43%, meaningfully impacting monthly payments on Brooklyn's high price points. On a $1,600,000 purchase with a 20% down payment, a 30-year rate of 6% translates to a principal and interest payment of approximately $7,665 per month, making rate shopping and buydown strategies especially valuable in this market.
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Market intelligence by FarmPosts