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Brooklyn, NY 11229 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Brooklyn, NY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 8989PendingPending sales: 1010
Brooklyn, NY: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $499k$499kSoldMedian sold price (last 6 months): $860k$860k
What homes actually sell for in Brooklyn, NY
Distribution of 251 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $450k to $1.23M
$185k to $387k: 45 sales$185k$387k to $589k: 18 sales$589k to $791k: 37 sales$589k$791k to $992k: 55 sales55sales$992k to $1.19M: 18 sales$992k$1.19M to $1.4M: 27 sales$1.4M to $1.6M: 15 sales$1.4M$1.6M to $1.8M: 12 salesMedian $860k

What the numbers say

As of October 5, 2026, Resideline is tracking 89 active listings and 10 pending sales in ZIP code 11229. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $499,000, while the median of the 251 closed sales Resideline tracked over the last six months was $860,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 11229 for 81 days.

Frequently asked questions

What is the median home price in 11229?

The median closed sale price in Brooklyn, NY 11229 was $860,000 over the last six months, based on 251 closed sales tracked by Resideline. The middle half of those sales ranged from $450,000 to $1,230,000.

Is 11229 a buyer's or seller's market?

Resideline is currently tracking 10 pending sales against 89 active listings in 11229, a pending-to-active ratio of 0.11. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 11229 currently looks like a balanced market.

Nearby ZIP code market data

Full Brooklyn, NY housing market report →

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