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Flatbush, New York, NY—11210

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$884,000
6.6% YoY Growth
Household Income
$83,300
26.3% YoY Growth
Days on Market
92
4.0% Shorter YoY
Home Price Forecast
1.4%
Median Rent
$3,000
6.2% YoY Growth
1-Bed Rent
$2,840
55.3% YoY Growth
2-Bed Rent
$3,000
12.9% YoY Growth
3-Bed Rent
$3,600
19.0% YoY Growth

Other Zip Codes in Flatbush, New York, NY

11226
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Flatbush, New York, NY

As of Dec '25, the median home price in Flatbush, New York, NY is $884,000, with a year-over-year change of 6.6%. This indicates that home prices in Flatbush, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$884,0006.6%
Single Family $990,0006.3%
Condos $363,00013.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • $313,000
    6.5%
    2 Bed
    $436,0009.0%
    3 Bed
    $861,0006.4%
    4 Bed
    $1,034,0005.8%
    5 Bed $1,585,1788.4%
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    % of Housing Stock

    Studio
    7.4%
    1 Bedroom
    26.7%
    2 Bedrooms
    25.8%
    3 Bedrooms
    22.8%
    4 Bedrooms
    9.0%
    5+ Bedrooms
    8.3%

    Rental Trends — Flatbush, New York, NY

    As of July '25, Rentcast reports the average rent in Flatbush, New York, NY is $3,060, with a year-over-year rent change of 6.2%. Per bedroom, the median rent as of July '25 in Flatbush, New York, NY is studios: $2,410, 1-bedrooms: $2,640, 2-bedrooms: $3,060, 3-bedrooms: $3,370, 4-bedrooms: $4,360. The most common rental property sizes in Flatbush, New York, NY are 1-bedroom and 2-bedroom, accounting for 40.3% and 34.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,000$3,060
    Studio Rent $2,540$2,410
    1 Bed Rent $2,840$2,640
    2 Bed Rent $3,000$3,060
    3 Bed Rent $3,600$3,370
    4 Bed Rent $3,900$4,360
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    % of Rental Stock

    Studio
    11.7%
    1 Bedroom
    40.3%
    2 Bedrooms
    34.0%
    3 Bedrooms
    10.3%
    4 Bedrooms
    2.7%
    5+ Bedrooms
    1.1%

    Property Listings — Flatbush, New York, NY

    As of Dec '25, Realtor.com reports that the median days on market for a home in Flatbush, New York, NY is 87. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $482,000-19.0%
    Listing Count
    11523.0%
    Listings as % of Homes0.4%23.0%
    Days on Market
    92-4.0%
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    Demographics — Flatbush, New York, NY

    As of the latest ACS Survey released in 2023, Flatbush, New York, NY has a population of 60,400, which has decreased by -9.9% over the past 5 years. Flatbush, New York, NY is a moderately popular place for families, as children make up 23.1% of the population. The area has a moderately educated workforce, with 39.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    60,400-9.9%
    % Under 18
    23.1%-13.8%
    % Seniors
    17.5%31.6%
    % WFH
    11.6%251.5%
    % w/ College Degree
    39.3%10.4%
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    As of the latest ACS Survey released in 2023, Flatbush, New York, NY is a predominantly black area, with 51.0% of the population identifying as black. The black population has shrunk by 13.0% in the last 5 years. The second most common race or ethnicity in Flatbush, New York, NY is white, making up 30.1% of the population. Foreign-born residents account for 38.7% of the population in Flatbush, New York, NY, and this percentage has decreased by 3.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    30.1%2.0%
    % Black
    51.0%-13.0%
    % Hispanic
    7.4%5.7%
    % Asian
    5.5%27.9%
    % Foreign Born
    38.7%-3.0%
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    Mortgage and Risk — Flatbush, New York, NY

    According to HUD data as of 2023, there were 262 mortgage originations in Flatbush, New York, NY, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Flatbush, New York, NY. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    262
    % Conventional Loans
    95.0%
    % Government Loans
    5.0%
    % Investor Loans
    2.0%
    % Second Loans
    2.0%
    % Cash Out Refinance
    11.0%
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    Rentals and Section 8 — Flatbush, New York, NY

    As of 2024, the percent of homes in Flatbush, New York, NY under the Section 8 program is 5.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Flatbush, New York, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

    Section 8 Market Size

    Total Units under HUD
    706
    Total Units Section 8
    697
    % Rentals under Section 8
    5.5%
    % Occupied Section 8
    87.8%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$460$2,840$2,380
    2 Bedroom-$370$3,000$2,630
    3 Bedroom-$320$3,600$3,280
    4 Bedroom-$360$3,900$3,540

    Affordability — Flatbush, New York, NY

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio9.6
    Median Home Price$884,000
    Median Household Income$83,300

    Flatbush, New York, NY — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Midwood, New York, NY

    11230

    Flatbush, New York, NY

    11226

    East Flatbush, New York, NY

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    Sheepshead Bay, New York, NY

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    Kensington, New York, NY

    11218

    Frequently Asked Questions