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 11215

$2.90M
Median Sale Price
$1.59M
Median List Price
24
Days on Market
Median Rent
$5K/mo
Median rental listing price
Rental Inventory
330
Active rental listings
๐Ÿ’ก
Key Market Insight

ZIP code 11215 in Brooklyn, NY is a highly competitive market with a competition score of 79 and a median days on market of just 24 days, reflecting strong and sustained buyer demand. The median sale price of $2,900,000 runs well above the median list price of $1,595,000, a gap shaped by the weight of higher-end transactions in the mix. At $1,134.59 per square foot, this market commands premium Brooklyn pricing with active transaction velocity to support it.

๐Ÿฆ
30-Year Fixed Rate
6.4%

Market Activity

Active Inventory265
Price per Sq Ft$1135

By Bedroom

BedsSale PriceRent
1BR$795K$5K/mo
2BR$1.30M$6K/mo
3BR$2.00M$8K/mo
4BR$3.75M$5K/mo
5BR$3.75Mโ€”
6BR$4.00Mโ€”
7BR$4.70Mโ€”
8BR$3.00Mโ€”
Market Temperature
Buyer's MarketBalancedSeller's Market
๐Ÿ”ฅ Hot โ€” Strong Seller's Market

What This Means For You

๐Ÿ Sellers

Sellers in 11215 are operating from a position of strength, with a competition score of 79 and homes moving in a median of just 24 days signaling serious buyer activity. The active inventory of 265 homes means strategic pricing still plays a critical role in attracting the strongest offers in this environment.

๐Ÿ”‘Buyers

Buyers in 11215 should be prepared to act quickly given the 24-day median days on market and a competition score of 79 indicating a hot market. Sale prices span from $599,000 for studios up to $4,695,000 for seven-bedroom homes, providing entry points across a broad range of budgets within this Brooklyn zip code.

๐Ÿ“ˆInvestors

The median rent of $4,795 per month against a median sale price of $2,900,000 reflects a compressed gross yield environment that favors a targeted unit-size strategy. Studios with a purchase price starting at $599,000 and rents at $3,208, along with one-bedrooms entering at $795,000 with rents at $4,585, represent the most accessible paths to building rental income returns in this zip code.

๐ŸฆRates

The current 30-year mortgage rate of 6.37% adds substantial carrying costs on properties at Brooklyn price levels, making rate strategy an important part of any purchase decision. Buyers who qualify for the 15-year rate of 5.72% capture a 65 basis point advantage over the 30-year option, which can translate to meaningful long-term interest savings.

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

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