Brooklyn, Brooklyn Park, MD21225

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$222,000
1.1% YoY Growth
Median Household Income
$50,100
16.0% 5-Year Growth
Days on Market
35
15.0% Longer than last year
Home Price Forecast
-0.2%
Median Rent
$1,200
2.3% YoY Growth
1-Bed Rent
$995
1.9% YoY Growth
2-Bed Rent
$1,260
6.7% YoY Growth
3-Bed Rent
$1,750
6.9% YoY Growth

Property Listings — Brooklyn, Brooklyn Park, MD

As of Oct '25, Realtor.com reports that the median days on market for a home in Brooklyn, Brooklyn Park, MD is 35. This is a increase of 15.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$200,0002.0%
Listing Count
12915.0%
Listings as % of Homes0.7%15.0%
Days on Market
3515.0%
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Demographics — Brooklyn, Brooklyn Park, MD

As of the latest ACS Survey released in 2023, Brooklyn, Brooklyn Park, MD has a population of 34,500, which has increased by 1.6% over the past 5 years. Brooklyn, Brooklyn Park, MD is a popular place for families, as children make up 28.9% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
34,5001.6%
% Under 18
28.9%10.3%
% Seniors
11.4%3.6%
% WFH
5.4%390.9%
% w/ College Degree
13.7%21.2%
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As of the latest ACS Survey released in 2023, Brooklyn, Brooklyn Park, MD is a predominantly black area, with 42.5% of the population identifying as black. The black population has grown by 4.9% in the last 5 years. The second most common race or ethnicity in Brooklyn, Brooklyn Park, MD is white, making up 31.7% of the population. Foreign-born residents account for 12.0% of the population in Brooklyn, Brooklyn Park, MD, and this percentage has increased by 34.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
31.7%-24.9%
% Black
42.5%4.9%
% Hispanic
19.7%68.4%
% Asian
2.0%-13.0%
% Foreign Born
12.0%34.8%
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Mortgage and Risk — Brooklyn, Brooklyn Park, MD

According to HUD data as of 2023, there were 395 mortgage originations in Brooklyn, Brooklyn Park, MD, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 57.0% above 90% LTV (very high). This implies large mortgage risk in Brooklyn, Brooklyn Park, MD. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
395
% Conventional Loans
48.0%
% Government Loans
52.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Brooklyn, Brooklyn Park, MD

As of 2024, the percent of homes in Brooklyn, Brooklyn Park, MD under the Section 8 program is 8.2%. 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 Brooklyn, Brooklyn Park, MD, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
2,222
Total Units Section 8
463
% Rentals under Section 8
8.2%
% Occupied Section 8
84.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$435$995$1,430
2 Bedroom$490$1,260$1,750
3 Bedroom$520$1,750$2,270
4 Bedroom$870$1,700$2,570

Affordability — Brooklyn, Brooklyn Park, MD

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$222,000
Median Household Income$50,100

Brooklyn, Brooklyn Park, MD — ZIP Code Boundary Map

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Frequently Asked Questions