Call or Text (240) SELL-123
City Line Cypress Hill East New York Highland Park New Lots Spring Creek

BROOKLYN, NY 11208

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 11208

City Line · Cypress Hill · East New York · Highland Park · New Lots · Spring Creek

Market Analysis

Data as of February 2026. Source: Realtor.com.

The BROOKLYN, NY real estate market (11208) currently shows 44 active listings, with 15 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 92 days on market compared to 76 days last year.

The median listing price has fallen 8.1% year-over-year, from $812,500 to $747,000.

Whether you are buying or selling in BROOKLYN, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for BROOKLYN, NY 11208 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 108,180  ·  Density: 15,606.1/mi²  ·  Median household income: $56,298

Typical home value: $621,656  ·  Homeownership: 27.7%

Market Overview

Active Listings
44
⇩ 20% vs 55 last year
Pending
15
34% pending ratio
Median Price
$747,000
⇩ 8.1% vs $812,500 last year
Average Price
$746,536
⇩ 13.9% vs $866,966 last year
Days on Market
92
⇧ 21.1% vs 76 days last year

Price Per Square Foot

Median $/sqft
$488
⇧ 3% vs $474/sqft last year
Median Home Size
1,475 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 44 this year vs 55 last year
  • Days on market: 92 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $747,000 (-8.1% YoY)
  • Average: $746,536 (-13.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 4.0 miles — 899 listings ($616,068,333 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
11208Brooklyn, NY 112080.0 mi48$37,678,368$789,000$784,966
11416Ozone Park, NY 114161.4 mi5$3,276,000$800,000$655,200
11421Woodhaven, NY 114211.5 mi48$29,752,224$684,500$619,838
11239Brooklyn, NY 112391.9 mi1$535,000$535,000$535,000
11212Brooklyn, NY 112122.3 mi31$26,112,230$762,450$842,330
11418Richmond Hill, NY 114182.6 mi34$26,168,508$623,500$769,662
11236Brooklyn, NY 112362.9 mi73$49,051,109$707,500$671,933
11379Middle Village, NY 113793.0 mi37$34,555,410$899,000$933,930
11237Brooklyn, NY 112373.3 mi22$21,256,246$860,000$966,193
11213Brooklyn, NY 112133.4 mi35$41,908,020$800,000$1,197,372
11375Forest Hills, NY 113753.7 mi431$261,440,290$406,500$606,590
11435Jamaica, NY 114353.8 mi96$47,577,984$329,000$495,604
11378Maspeth, NY 113784.0 mi38$36,756,944$910,000$967,288

Frequently Asked Questions

How many homes are for sale in BROOKLYN, NY 11208?

As of February 2026, there are 44 active listings in BROOKLYN, NY (zip code 11208), compared to 55 the prior year.

What is the median home price in BROOKLYN, NY 11208?

The median listing price in BROOKLYN, NY 11208 is $747,000 as of February 2026, a 8.1% decrease from $812,500 the prior year.

How long do homes stay on the market in BROOKLYN, NY?

Homes in BROOKLYN, NY 11208 spend an average of 92 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in BROOKLYN, NY 11208?

Based on current inventory and days-on-market data as of February 2026, BROOKLYN, NY 11208 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 92 days on market compared to 76 days last year.

How much can I save on real estate commission in BROOKLYN, NY?

With SELL123.com's maximum 3% commission, sellers in BROOKLYN, NY 11208 save an estimated $14,940 compared to a typical 5% commission on the median listing price of $747,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.