๐Ÿ“Š Updated weekly with real market data ยท Last updated: March 12, 2026 ยท Powered by FarmPosts
Market Report

Brooklyn, NY Real Estate Market

4-week rolling average ยท Data through March 12, 2026 ยท ZIP 11211

$2.30M
Median Sale Price
$1.58M
Median List Price
31
Days on Market
Median Rent
$5K/mo
Median rental listing price
Rental Inventory
367
Active rental listings
๐Ÿ’ก
Key Market Insight

The Williamsburg market (ZIP 11211) is running warm with a market temperature score of 72, and homes are moving at a median of 31 days on market. The median sale price of $2,300,000 sits notably above the median list price of $1,585,000, suggesting strong buyer competition pushing final sale prices well beyond asking. At $1,414.14 per square foot, this remains one of Brooklyn's most premium submarkets.

๐Ÿฆ
30-Year Fixed Rate
6.0%

Market Activity

Active Inventory98
Price per Sq Ft$1414

By Bedroom

BedsSale PriceRent
1BR$965K$5K/mo
2BR$1.70M$6K/mo
3BR$1.97M$6K/mo
4BR$3.50M$6K/mo
5BR$3.50Mโ€”
6BR$3.20Mโ€”
7BR$3.00Mโ€”
Market Temperature
Buyer's MarketBalancedSeller's Market
๐ŸŒก๏ธ Warm โ€” Slight Seller Advantage

What This Means For You

๐Ÿ Sellers

With median sale prices reaching $2,300,000 against a median list price of $1,585,000, sellers in 11211 are achieving significant premiums above their asking prices. With only 98 active listings in inventory, supply remains tight, giving sellers meaningful leverage in negotiations.

๐Ÿ”‘Buyers

Buyers should be prepared to offer well above list price, as the gap between the median list price of $1,585,000 and the median sale price of $2,300,000 signals an intensely competitive environment. Entry points vary widely by bedroom count, with studios available around $750,000 and one-bedrooms near $965,000 for those seeking more accessible price tiers.

๐Ÿ“ˆInvestors

The median rent of $4,711 against a median sale price of $2,300,000 reflects a gross yield environment that requires careful underwriting, though rental inventory of 367 units indicates active renter demand in the area. Two-bedroom units renting at $6,250 per month may offer the strongest income potential relative to their sale price of $1,695,000 among the available bedroom tiers.

๐ŸฆRates

The current 30-year mortgage rate of 6.00% and 15-year rate of 5.43% mean that financing a median-priced home at $2,300,000 carries substantial monthly obligations, making rate strategy a critical part of any purchase decision. Buyers who can qualify for the 15-year term at 5.43% will pay meaningfully less in total interest over the life of the loan, though the higher monthly payments require strong income qualification.

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Data sources: Rentcast ยท Zillow ยท Federal Reserve (FRED)

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