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Market Snapshot

Median rent
$4,705/mo

The median market rent in Brooklyn, NY ZIP 11222 is $4,705/month as of June 2026.

Days on market
475 days

The median days on market in Brooklyn, NY ZIP 11222 is 475 days as of June 2026. The market is currently neutral.

Brooklyn, NY 11222 Real Estate Market Report

ZIP Code: 11222

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
180 Days
Total Properties Analyzed
11
Active Listings
7
Sold Properties
4

Market Metrics

Median Listing Price
$0
Median Sold Price
$2,545,500
Median Price per Sqft
$1,666/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$4,705

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.23%

Liquidity & Velocity

Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Brooklyn, NY 11222 average 6.53%, reflecting a stable market environment for property owners compared to the 2026 annual range of 5.98% to 6.46%.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The neighborhood's primary market indicator, the median sold price, is $2,545,500, which indicates the representative recent sale level and supports a stable-to-rising price environment.
  2. The market shows a up price year-over-year trend while the market temperature is neutral, suggesting balanced conditions where sellers retain a slight edge without aggressive overheating.
  3. Rental strength is corroborated by the median market rent of $4,705 and a up rent year-over-year trend, which may support investor interest in condominium and SFR rental strategies.
  4. Interest rate pressure is elevated and current 30-year fixed mortgage rates average 6.53% (2026 annual range 5.98% to 6.46%), which may constrain some buyer capacity and contribute to pricing friction despite stable sales outcomes.

Notable Properties

The following 7 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

683 Leonard St, Brooklyn, NY 11222
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds2 baths2,443 sqft
$5,500,000
May 1, 2026
$2,251/sqft/sqft
481 days on market
115 Milton St, Brooklyn, NY 11222
Value

Sold below market average

4 beds2 baths3,906 sqft
$4,300,000
Feb 1, 2026
$1,101/sqft/sqft
469 days on market
115 Milton St, Brooklyn, NY 11222
Value

Sold below market average

4 beds2 baths3,906 sqft
$4,300,000
Feb 1, 2026
$1,101/sqft/sqft
469 days on market
123 Milton St, Brooklyn, NY 11222
Value

Sold below market average

- beds- baths1,622 sqft
$1,805,000
Jan 1, 2026
$1,113/sqft/sqft
123 Milton St, Brooklyn, NY 11222
Value

Sold below market average

- beds- baths1,622 sqft
$1,805,000
Jan 1, 2026
$1,113/sqft/sqft
171 Monitor St, Brooklyn, NY 11222
Premium

Sold above market average

2 beds1 baths840 sqft
$1,737,500
Jan 1, 2026
$2,068/sqft/sqft
406 days on market
171 Monitor St, Brooklyn, NY 11222
Premium

Sold above market average

2 beds1 baths840 sqft
$1,737,500
Jan 1, 2026
$2,068/sqft/sqft
406 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$9,432/mo
11222 Avg Rent
11222 Cost to Own
Rent$4,705
Own$14,137

20% down, 6.53% rate, 0.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

11222 Avg nightly rate
11222 Avg occupancy (days/year)
Nightly rate$308/night
Occupancy84 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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