11220, Brooklyn, NY

Brooklyn, NY is a borough of New York City. The 11220 zip code covers much of the southern part of Brooklyn. Home prices in this zip code have been increasing rapidly over the past few years, and as of September 2017, they were estimated to be $1,000 per square foot, which is significantly higher than the national average of $0.92 per square foot.

One reason for the high home prices in this zip code is that it has a high concentration of affluent residents. The median household income in this zip code was $101,000 in 2016, which is significantly higher than the median household income for all of New York City ($57,617). Additionally, many people who live in this zip code are employed in high-paying jobs such as finance or law enforcement. This makes it easier for them to afford a high-priced home.

Another reason why home prices are so high in this zip code is that there is a lot of demand for housing here. Many people who live in this area want to buy a home because it's an attractive place to live and it's affordable compared to other parts of New York City. Additionally, many new development projects are being built near this area which will add even more homes to the market and drive up prices even further.