Bedford-Stuyvesant, New York, NY—11221
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bedford-Stuyvesant, New York, NY
As of Oct '25, the median home price in Bedford-Stuyvesant, New York, NY is $1,044,000, with a year-over-year change of 3.7%. This indicates that home prices in Bedford-Stuyvesant, 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,044,000 | 3.7% |
| Single Family | $1,348,000 | 5.3% |
| Condos | $781,000 | 8.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $644,000 | 6.6% |
2 Bed | $919,000 | 0.7% |
3 Bed | $1,141,000 | 3.3% |
4 Bed | $1,390,000 | 3.3% |
| 5 Bed | $1,696,000 | 6.2% |
% of Housing Stock
Rental Trends — Bedford-Stuyvesant, New York, NY
As of July '25, Rentcast reports the average rent in Bedford-Stuyvesant, New York, NY is $3,300, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Bedford-Stuyvesant, New York, NY is studios: $2,480, 1-bedrooms: $2,790, 2-bedrooms: $3,680, 3-bedrooms: $3,920, 4-bedrooms: $2,770. The most common rental property sizes in Bedford-Stuyvesant, New York, NY are 2-bedroom and 1-bedroom, accounting for 41.6% and 22.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,300 |
| Studio Rent | $2,500 | $2,480 |
| 1 Bed Rent | $2,900 | $2,790 |
| 2 Bed Rent | $3,540 | $3,680 |
| 3 Bed Rent | $3,780 | $3,920 |
| 4 Bed Rent | $1,280 | $2,770 |
% of Rental Stock
Property Listings — Bedford-Stuyvesant, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Bedford-Stuyvesant, New York, NY is 55. This is a decrease of -18.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $895,000 | -7.0% |
Listing Count | 118 | 7.0% |
| Listings as % of Homes | 0.3% | 7.0% |
Days on Market | 55 | -18.0% |
Demographics — Bedford-Stuyvesant, New York, NY
As of the latest ACS Survey released in 2023, Bedford-Stuyvesant, New York, NY has a population of 90,800, which has increased by 8.2% over the past 5 years. Bedford-Stuyvesant, New York, NY is a moderately popular place for families, as children make up 17.0% of the population. The area has a moderately educated workforce, with 42.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 90,800 | 8.2% |
% Under 18 | 17.0% | -16.3% |
% Seniors | 10.3% | 0.0% |
% WFH | 18.4% | 291.5% |
% w/ College Degree | 42.0% | 34.2% |
As of the latest ACS Survey released in 2023, Bedford-Stuyvesant, New York, NY is a predominantly black area, with 40.6% of the population identifying as black. The black population has shrunk by 17.1% in the last 5 years. The second most common race or ethnicity in Bedford-Stuyvesant, New York, NY is hispanic, making up 31.8% of the population. Foreign-born residents account for 26.6% of the population in Bedford-Stuyvesant, New York, NY, and this percentage has increased by 12.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 20.3% | 23.0% |
% Black | 40.6% | -17.1% |
% Hispanic | 31.8% | -7.3% |
% Asian | 5.7% | 67.6% |
% Foreign Born | 26.6% | 12.7% |
Mortgage and Risk — Bedford-Stuyvesant, New York, NY
According to HUD data as of 2023, there were 269 mortgage originations in Bedford-Stuyvesant, New York, NY, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Bedford-Stuyvesant, New York, NY. Investor activity is low, as 8.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 269 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Bedford-Stuyvesant, New York, NY
As of 2024, the percent of homes in Bedford-Stuyvesant, New York, NY under the Section 8 program is 11.4%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Bedford-Stuyvesant, New York, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 4,533 |
Total Units Section 8 | 3,128 |
% Rentals under Section 8 | 11.4% |
% Occupied Section 8 | 86.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$330 | $2,900 | $2,570 |
| 2 Bedroom | -$690 | $3,540 | $2,850 |
| 3 Bedroom | -$230 | $3,780 | $3,550 |
| 4 Bedroom | $2,550 | $1,280 | $3,830 |
Affordability — Bedford-Stuyvesant, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 12 |
| Median Home Price | $1,044,000 |
| Median Household Income | $85,100 |