Is Brooklyn, NY 11229 a buyer’s or seller’s market?
Brooklyn is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Competition score10/ 100
More competitive than 4% of U.S. ZIP codes, and #641 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 supply7.5Under 4 months = seller’s market
Sold above original list8.7%Share of sales, last 3 months
Median sale-to-list95.5%Sold price ÷ list price
Median days on market83Listing to accepted offer
Median price per sq ft$519▲ +4.6% 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