11222 Housing Market Report January 2025•Kings County, New York

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Housing Prices in 11222, NY

How much do homes in 11222, NY cost?

Housing Market Conditions

Is 11222, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

11222 is a Seller's Market

Difference Since December 2024

Last month, 11222 has remained a Seller's Market.

Insight

11222 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,290,000$1,442/SqFt
-$282,500
-18.0%

Based on all homes sold in January 2025

Insight

Homes in 11222 have sold for 18% less than they did a month ago.

Summary: The median home sold price in 11222 was $1,290,000 in January 2025, down 18% from last month, and the median price per square foot was $1,442.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
11211
+52.4%
11222
-18.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1$887.5K$1.1M
+32.7%
2$1.5M$940K
-40.2%
3$2.7M$2.5M
-7.7%
4$4.3M$2.7M
-36.9%
5$3.1M-
N/A

Summary: 11222 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +32.7%. The home price for 2 bedroom homes decreased by -40.2%. The home price for 3 bedroom homes decreased by -7.7%. The home price for 4 bedroom homes decreased by -36.9%. The home price for 5 bedroom homes did not change.

Housing supply in 11222, NY

How many homes are available in 11222, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
67Last MonthJan 2025
732 months agoDec 2024
-8.2 %
Change MoMDec – Jan

Summary: The 11222 real estate market had 67 homes for sale in Jan 2025, a 8.2 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
14Last MonthJan 2025
182 months agoDec 2024
-22.2 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
12217
-22.7%
21716
-5.9%
31620
+25.0%
465
-16.7%
5129
-25.0%

Summary: 11222 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -22.7%. The inventory for 2 bedroom homes decreased by -5.9%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes decreased by -25.0%.

Asking Price vs. Sold Price

How much do homes in 11222, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price12 Homes

Under Asking Price2 Homes

Insight

If you're buying a home in 11222, expect to pay close to the asking price. 85.7% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in 11222 in January 2025, down by 22.2% month-over-month. Of the 14 sold homes, 14% were sold under asking, 86% were sold at asking, and and 0% were sold over asking.

Days on Market for 11222, NY

How long does it take to sell a home in 11222, NY?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in 11222 has remained consistent over time.

Summary: During January 2025, 14 homes were sold in 11222; 0% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
79 DaysLast MonthJan 2025
42 Days1 month agoDec 2024
+88.1 %
Change MoMDec – Jan

Summary: Homes in 11222 had an average listing age of 79 days in Jan 2025, up by 88.1% compared to the previous month.

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Newest Listings in 11222, NY

What homes are available in 11222, NY?

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Based on information from Real Estate Board of New York, OneKey MLS, and Brooklyn MLS for the period 12/01/2024 - 02/01/2025

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/7/2025, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/7/2025, 3:11:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2025 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/7/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.