Is Brooklyn, NY 11224 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Brooklyn is a buyer’s market. With about 8.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score32/ 100

More competitive than 29% of U.S. ZIP codes, and #557 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 supply8.2Under 4 months = seller’s market

Sold above original list15%Share of sales, last 3 months

Median sale-to-list99.6%Sold price ÷ list price

Median days on market71Listing to accepted offer

Median price per sq ft$460▲ +7.9% vs. last year

Run the numbers for 11224

Prefilled for 11224Can I win this house?Multiple-offer likelihood for a listing Prefilled for 11224Over-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 →

Local agents

See all agents in 11224 →

No sponsored agents in 11224 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 11224

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Kings County property taxes Kings County loan limits Closing costs in New York Hottest ZIP codes in New York

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