4-week rolling average · Data through March 12, 2026 · ZIP 11215
The 11215 zip code in Brooklyn, NY is showing a cold market with a median days on market of 164 days and 193 active listings competing for buyers. The median sale price of $3,500,000 sits significantly above the median list price of $1,500,000, suggesting a mix of property types and price points driving wide variation across sales. At $954.72 per square foot, this Brooklyn market reflects premium urban pricing despite sluggish transaction velocity.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $750K | $4K/mo |
| 2BR | $1.35M | $6K/mo |
| 3BR | $2.00M | $6K/mo |
| 4BR | $3.79M | $6K/mo |
| 5BR | $1.92M | — |
| 6BR | $4.50M | — |
| 7BR | $3.50M | — |
| 8BR | $2.98M | — |
With homes sitting on the market for an average of 164 days, sellers in 11215 should price strategically from the start to avoid prolonged listing periods. The active inventory of 193 homes means buyers have plenty of options, so standing out with competitive pricing and presentation is essential.
A cold market temperature and 164 median days on market give buyers in 11215 meaningful negotiating leverage right now. With a wide range of sale prices by bedroom, from $599,000 for studios up to $3,795,000 for four bedrooms, there are entry points across multiple budgets in this Brooklyn zip code.
The median rent of $4,825 per month against a median sale price of $3,500,000 suggests a tight gross yield environment, so investors should focus on value-add opportunities or smaller unit types. Studios renting at $3,207 and one bedrooms at $4,299 with purchase prices starting at $599,000 and $750,000 respectively may offer the most accessible entry points for rental income strategies.
The current 30-year mortgage rate of 6.00% and 15-year rate of 5.43% remain elevated relative to historic lows, adding to monthly carrying costs on high-priced Brooklyn properties. Buyers who can qualify for a 15-year loan may benefit from the 57 basis point savings compared to the 30-year option, reducing long-term interest expense meaningfully at these price levels.
Get these market reports sent to your clients automatically every week — branded with your name and contact info.
Get started free →Data sources: Rentcast · Zillow · Federal Reserve (FRED)
Market intelligence by FarmPosts