Is Brooklyn, NY 11208 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Brooklyn is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.6Under 4 months = seller’s market

Sold above original list26.3%Share of sales, last 3 months

Median sale-to-list98.3%Sold price ÷ list price

Median days on market59Listing to accepted offer

Median price per sq ft$417▼ −12.1% vs. last year

Run the numbers for 11208

Prefilled for 11208Can I win this house?Multiple-offer likelihood for a listing Prefilled for 11208Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Brooklyn 11201Seller’s market $1,355 /sq ft Brooklyn 11203Buyer’s market $432 /sq ft Brooklyn 11204Balanced $685 /sq ft Brooklyn 11205Seller’s market $1,061 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology