11216 Real Estate Market

11216 Market

The median sale price for homes in 11216 over the last 12 months is $422,940.


The median mortgage debt is $157,204.

Additional Statistics for Single Family Homes and Condos in Brooklyn, NY
$458,500
Median Listing Price
1007
Median Days on Market
12
Active Listings
8.3%
Distressed Listings
(foreclosures and short sales)
11216 (Brooklyn, NY) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Brooklyn is $562,500. The list prices dropped by -11.41% from the previous month.

The price per square foot for listings in this area is $276.

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11216 (Brooklyn, NY) Market Inventory Trends

The number of active listings in Brooklyn increased by 50% from the previous month.

The median number of days active properties have been listed is 56. This is significantly shorter than the national average.

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11216 (Brooklyn, NY) Property Ownership

The percent of owner occupied properties in Brooklyn is 42.4% below the national average.

The percent of rental properties in Brooklyn is 49.21% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.