Bedford-Stuyvesant, New York, NY—11233
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 $991,000, with a year-over-year change of 7.7%. 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 | $991,000 | 7.7% |
| Single Family | $1,224,000 | 2.9% |
| Condos | $663,000 | 9.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $624,000 | 8.9% |
2 Bed | $818,000 | 8.2% |
3 Bed | $1,043,000 | 10.3% |
4 Bed | $1,372,000 | 3.1% |
| 5 Bed | $1,552,000 | 5.9% |
% 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 $3,660, with a year-over-year rent change of 9.3%. Per bedroom, the median rent as of July '25 in Bedford-Stuyvesant, New York, NY is studios: $2,390, 1-bedrooms: $2,740, 2-bedrooms: $3,350, 3-bedrooms: $4,210, 4-bedrooms: $5,480. The most common rental property sizes in Bedford-Stuyvesant, New York, NY are 2-bedroom and 1-bedroom, accounting for 39.7% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,660 |
| Studio Rent | $2,500 | $2,390 |
| 1 Bed Rent | $2,850 | $2,740 |
| 2 Bed Rent | $3,100 | $3,350 |
| 3 Bed Rent | $3,700 | $4,210 |
| 4 Bed Rent | $5,000 | $5,480 |
% 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 134. This is a increase of 67.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,220,000 | 4.0% |
Listing Count | 64 | -25.0% |
| Listings as % of Homes | 0.2% | -25.0% |
Days on Market | 134 | 67.0% |
Demographics — Bedford-Stuyvesant, New York, NY
As of the latest ACS Survey released in 2023, Bedford-Stuyvesant, New York, NY has a population of 82,700, which has increased by 7.7% over the past 5 years. Bedford-Stuyvesant, New York, NY is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 32.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 82,700 | 7.7% |
% Under 18 | 20.6% | -17.6% |
% Seniors | 12.3% | 11.8% |
% WFH | 12.5% | 267.6% |
% w/ College Degree | 32.5% | 29.5% |
As of the latest ACS Survey released in 2023, Bedford-Stuyvesant, New York, NY is a predominantly black area, with 68.3% of the population identifying as black. The black population has shrunk by 13.3% in the last 5 years. The second most common race or ethnicity in Bedford-Stuyvesant, New York, NY is hispanic, making up 16.1% of the population. Foreign-born residents account for 25.1% of the population in Bedford-Stuyvesant, New York, NY, and this percentage has increased by 3.3% 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 | 12.2% | 76.8% |
% Black | 68.3% | -13.3% |
% Hispanic | 16.1% | 0.6% |
% Asian | 1.5% | -11.8% |
% Foreign Born | 25.1% | 3.3% |
Mortgage and Risk — Bedford-Stuyvesant, New York, NY
According to HUD data as of 2023, there were 210 mortgage originations in Bedford-Stuyvesant, New York, NY, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Bedford-Stuyvesant, New York, NY. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 210 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
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 10.7%. 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 Bedford-Stuyvesant, 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 | 5,960 |
Total Units Section 8 | 2,812 |
% Rentals under Section 8 | 10.7% |
% Occupied Section 8 | 88.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$580 | $2,850 | $2,270 |
| 2 Bedroom | -$590 | $3,100 | $2,510 |
| 3 Bedroom | -$570 | $3,700 | $3,130 |
| 4 Bedroom | -$1,630 | $5,000 | $3,370 |
Affordability — Bedford-Stuyvesant, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 14.6 |
| Median Home Price | $991,000 |
| Median Household Income | $62,000 |