Zip Code:

11207, Brooklyn, NY

11207 is a New York Zip code within the city of Brooklyn and the county of Kings County. Its population is roughly 91,083.

The Real Estate Market in the 11207 Zip Code of Brooklyn, NY

The 11207 zip code of Brooklyn, NY is home to a large percentage of the city's population and housing stock. Home equity and home prices in this area have been on the rise for many years, as the city has experienced an influx of new residents and businesses. The 11207 zip code has a median home value of $1,868,000 and a median home equity value of $527,000. This means that nearly half (47%) of all homes in this zip code are worth more than their original purchase price. Additionally, over one-third (35%) of all homes in this zip code are worth more than twice their original purchase price.

As you can see, there is a great deal of wealth concentrated in the 11207 zip code. This is likely due to the high concentration of expensive properties - both residential and commercial - as well as strong economic growth over the past several years. It's also worth noting that this area is relatively insulated from economic downturns - something that could be important during times when other parts of Brooklyn are struggling economically.

Price Index: New York-Jersey City-White Plains, NY-NJ (MSAD)

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