Bedford-Stuyvesant, New York, NY—11216
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 $1,164,000, with a year-over-year change of 4.8%. This indicates that home prices in Bedford-Stuyvesant, New York, NY are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,164,000 | 4.8% |
| Single Family | $1,738,000 | 7.5% |
| Condos | $897,000 | 5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $744,000 | 4.9% |
2 Bed | $1,034,000 | 3.2% |
3 Bed | $1,392,000 | 2.7% |
4 Bed | N/A | N/A |
| 5 Bed | $2,318,000 | 7.8% |
% 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 $3,620, with a year-over-year rent change of -1.1%. Per bedroom, the median rent as of July '25 in Bedford-Stuyvesant, New York, NY is studios: $2,750, 1-bedrooms: $3,120, 2-bedrooms: $4,270, 3-bedrooms: $5,270, 4-bedrooms: $2,570. The most common rental property sizes in Bedford-Stuyvesant, New York, NY are 1-bedroom and 2-bedroom, accounting for 36.0% and 33.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,620 |
| Studio Rent | $2,800 | $2,750 |
| 1 Bed Rent | $3,200 | $3,120 |
| 2 Bed Rent | $4,250 | $4,270 |
| 3 Bed Rent | $5,750 | $5,270 |
| 4 Bed Rent | $1,250 | $2,570 |
% 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 39. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,830,000 | 59.0% |
Listing Count | 70 | -7.0% |
| Listings as % of Homes | 0.2% | -7.0% |
Days on Market | 39 | 1.0% |
Demographics — Bedford-Stuyvesant, New York, NY
As of the latest ACS Survey released in 2023, Bedford-Stuyvesant, New York, NY has a population of 59,900, which has increased by 6.4% over the past 5 years. Bedford-Stuyvesant, New York, NY is a less popular place for families, as children make up 14.1% of the population. The area has a highly educated workforce, with 55.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 59,900 | 6.4% |
% Under 18 | 14.1% | -6.6% |
% Seniors | 11.9% | 2.6% |
% WFH | 25.6% | 392.3% |
% w/ College Degree | 55.8% | 19.2% |
As of the latest ACS Survey released in 2023, Bedford-Stuyvesant, New York, NY is a predominantly black area, with 47.2% of the population identifying as black. The black population has shrunk by 17.2% in the last 5 years. The second most common race or ethnicity in Bedford-Stuyvesant, New York, NY is white, making up 29.5% of the population. Foreign-born residents account for 22.0% of the population in Bedford-Stuyvesant, New York, NY, and this percentage has decreased by 16.0% 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 | 29.5% | 13.5% |
% Black | 47.2% | -17.2% |
% Hispanic | 12.2% | 13.0% |
% Asian | 5.1% | -1.9% |
% Foreign Born | 22.0% | -16.0% |
Mortgage and Risk — Bedford-Stuyvesant, New York, NY
According to HUD data as of 2023, there were 194 mortgage originations in Bedford-Stuyvesant, New York, NY, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Bedford-Stuyvesant, New York, NY. Investor activity is low, as 11.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 194 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 11.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
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 12.3%. 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 | 2,581 |
Total Units Section 8 | 2,504 |
% Rentals under Section 8 | 12.3% |
% Occupied Section 8 | 88.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$280 | $3,200 | $2,920 |
| 2 Bedroom | -$1,020 | $4,250 | $3,230 |
| 3 Bedroom | -$1,720 | $5,750 | $4,030 |
| 4 Bedroom | $3,090 | $1,250 | $4,340 |
Affordability — Bedford-Stuyvesant, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.9 |
| Median Home Price | $1,164,000 |
| Median Household Income | $95,000 |