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Brooklyn, NY 11216 Real Estate & Property Data

Brooklyn, NY 11216 Real Estate Market Trends

Last Updated: April 30, 2024

A total of 293 residential properties have been sold over the past 12 months in 11216. With a median sales price of $1,645,000 in 11216 and a total of 7 foreclosures in Brooklyn, NY 11216. Discover market trends and get the granular level real estate data for Brooklyn, NY 11216 to keep your pulse on the housing market. Curate compelling home reports for Brooklyn, NY 11216 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Brooklyn, NY 11216 Real Estate Market Trends

Get property data for any address in Brooklyn, NY 11216 or the country:

Total Residential Properties 5,088

Total Commercial Properties 2,068

Avg. Home Age (Single Family Home) 114 Years

Avg. Square Feet (Single Family Home) 2,665

Total 2024 Residential Sales (year-to-date) 60

% of Homes Seriously Underwater (Q2 2024) 2.07%

Total 2023 Residential Sales 272

% of Equity Rich Homes (Q2 2024) 30.3%

Effective 2023 Property Tax 0.37%

Total Foreclosure Filings (year-to-date) 20

Brooklyn, NY 11216 Real Estate Overview

There were 293 residential properties sold in the past year in Brooklyn, NY 11216. The median home value in Brooklyn, NY 11216 is $951,489. There are a total of 5,088 residential properties in the 11216.

Median Sales Price i

$1,645,000

(Mar 2024)

+119.3%

year-over-year

y-o-y

March '24 Mar '24 $1,645,000
February '24 Feb '24 $1,862,500
January '24 Jan '24 $2,700,000
December '23 Dec '23 N/A
November '23 Nov '23 $2,650,000
October '23 Oct '23 $2,485,000
September '23 Sep '23 $2,600,000
August '23 Aug '23 $2,335,000
July '23 Jul '23 $1,835,000
June '23 Jun '23 $1,890,000
May '23 May '23 $2,750,000
April '23 Apr '23 $3,037,500

Median Down Payment i

$474,750

(Mar 2024)

+216.5%

year-over-year

y-o-y

March '24 Mar '24 $474,750
February '24 Feb '24 $988,500
January '24 Jan '24 $1,350,000
December '23 Dec '23 N/A
November '23 Nov '23 $900,000
October '23 Oct '23 $625,000
September '23 Sep '23 $650,000
August '23 Aug '23 $700,500
July '23 Jul '23 $523,500
June '23 Jun '23 $567,000
May '23 May '23 $1,660,700
April '23 Apr '23 $1,560,000

Number of Homes Sold i

22

(Mar 2024)

+4.8%

year-over-year

y-o-y

March '24 Mar '24 22
February '24 Feb '24 17
January '24 Jan '24 21
December '23 Dec '23 14
November '23 Nov '23 24
October '23 Oct '23 24
September '23 Sep '23 14
August '23 Aug '23 27
July '23 Jul '23 23
June '23 Jun '23 26
May '23 May '23 35
April '23 Apr '23 25

Number of Purchase Loans i

5

(Mar 2024)

year-over-year

y-o-y

March '24 Mar '24 5
February '24 Feb '24 6
January '24 Jan '24 4
December '23 Dec '23 N/A
November '23 Nov '23 4
October '23 Oct '23 5
September '23 Sep '23 5
August '23 Aug '23 7
July '23 Jul '23 8
June '23 Jun '23 10
May '23 May '23 17
April '23 Apr '23 6

Number of REFI Loans i

2

(Mar 2024)

+100%

year-over-year

y-o-y

March '24 Mar '24 2
February '24 Feb '24 1
January '24 Jan '24 2
December '23 Dec '23 1
November '23 Nov '23 2
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 3
July '23 Jul '23 1
June '23 Jun '23 3
May '23 May '23 2
April '23 Apr '23 7

Brooklyn, NY 11216 Foreclosure Activity

There were a total of 7 Brooklyn, NY 11216 properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

7

(Mar 2024)

-12.5%

year-over-year

y-o-y

March '24 Mar '24 7
February '24 Feb '24 9
January '24 Jan '24 4
December '23 Dec '23 10
November '23 Nov '23 8
October '23 Oct '23 8
September '23 Sep '23 10
August '23 Aug '23 7
July '23 Jul '23 13
June '23 Jun '23 13
May '23 May '23 5
April '23 Apr '23 5

Foreclosure Starts i

3

(Mar 2024)

-57.1%

year-over-year

y-o-y

March '24 Mar '24 3
February '24 Feb '24 5
January '24 Jan '24 3
December '23 Dec '23 4
November '23 Nov '23 4
October '23 Oct '23 4
September '23 Sep '23 3
August '23 Aug '23 4
July '23 Jul '23 7
June '23 Jun '23 10
May '23 May '23 3
April '23 Apr '23 5

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A

Nearby Zip Codes

1. 11201
2. 11203
3. 11204
4. 11205
5. 11206
6. 11207

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