Is Brooklyn, NY 11218 a buyer’s or seller’s market?
Brooklyn is a seller’s market. With about 3.2 months of supply and 41% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score64/ 100
More competitive than 67% of U.S. ZIP codes, and #384 of 649 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply3.2Under 4 months = seller’s market
Sold above original list40.8%Share of sales, last 3 months
Median sale-to-list100.4%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$846▼ −15.0% vs. last year
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Nearby markets
Brooklyn 11201Seller’s market $1,355 /sq ftBrooklyn 11203Buyer’s market $432 /sq ftBrooklyn 11204Balanced $685 /sq ftBrooklyn 11205Seller’s market $1,061 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology