East Flatbush, New York, NY—11203
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Flatbush, New York, NY
As of Oct '25, the median home price in East Flatbush, New York, NY is $712,000, with a year-over-year change of 4.2%. This indicates that home prices in East Flatbush, New York, NY are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $712,000 | 4.2% |
| Single Family | $721,000 | 3.6% |
| Condos | $505,000 | 12.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $395,000 | 8.5% |
2 Bed | $643,000 | 4.2% |
3 Bed | $745,000 | 3.5% |
4 Bed | $780,000 | 4.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — East Flatbush, New York, NY
As of July '25, Rentcast reports the average rent in East Flatbush, New York, NY is $2,890, with a year-over-year rent change of 4.7%. Per bedroom, the median rent as of July '25 in East Flatbush, New York, NY is studios: $2,700, 1-bedrooms: $2,690, 2-bedrooms: $2,600, 3-bedrooms: $3,270, 4-bedrooms: $2,640. The most common rental property sizes in East Flatbush, New York, NY are 2-bedroom and 1-bedroom, accounting for 38.3% and 37.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,890 |
| Studio Rent | $2,400 | $2,700 |
| 1 Bed Rent | $2,480 | $2,690 |
| 2 Bed Rent | $2,600 | $2,600 |
| 3 Bed Rent | $3,200 | $3,270 |
| 4 Bed Rent | $1,090 | $2,640 |
% of Rental Stock
Property Listings — East Flatbush, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in East Flatbush, New York, NY is 63. This is a decrease of -17.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $692,000 | 1.0% |
Listing Count | 111 | 15.0% |
| Listings as % of Homes | 0.3% | 15.0% |
Days on Market | 63 | -17.0% |
Demographics — East Flatbush, New York, NY
As of the latest ACS Survey released in 2023, East Flatbush, New York, NY has a population of 76,900, which has increased by 1.9% over the past 5 years. East Flatbush, New York, NY is a moderately popular place for families, as children make up 18.6% of the population. The area has a moderately educated workforce, with 25.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 76,900 | 1.9% |
% Under 18 | 18.6% | -11.4% |
% Seniors | 21.1% | 17.2% |
% WFH | 8.1% | 179.3% |
% w/ College Degree | 25.9% | 10.2% |
As of the latest ACS Survey released in 2023, East Flatbush, New York, NY is a predominantly black area, with 79.5% of the population identifying as black. The black population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in East Flatbush, New York, NY is hispanic, making up 7.3% of the population. Foreign-born residents account for 49.2% of the population in East Flatbush, New York, NY, and this percentage has decreased by 4.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 5.2% | 36.8% |
% Black | 79.5% | -10.7% |
% Hispanic | 7.3% | 14.1% |
% Asian | 1.8% | -5.3% |
% Foreign Born | 49.2% | -4.3% |
Mortgage and Risk — East Flatbush, New York, NY
According to HUD data as of 2023, there were 291 mortgage originations in East Flatbush, New York, NY, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in East Flatbush, New York, NY. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 291 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — East Flatbush, New York, NY
As of 2024, the percent of homes in East Flatbush, New York, NY under the Section 8 program is 5.8%. 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 East Flatbush, 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 | 1,135 |
Total Units Section 8 | 1,099 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | 87.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$270 | $2,480 | $2,210 |
| 2 Bedroom | -$120 | $2,600 | $2,480 |
| 3 Bedroom | -$100 | $3,200 | $3,100 |
| 4 Bedroom | $2,240 | $1,090 | $3,330 |
Affordability — East Flatbush, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.5 |
| Median Home Price | $712,000 |
| Median Household Income | $68,000 |