11223, Brooklyn, NY

The 11223 zip code of Brooklyn, NY has a median home value of $1,049,000 and a median home equity value of $269,000. The 11223 zip code is one of the more expensive zip codes in Brooklyn with a median home value above the citywide median home value by over $100,000. The 11223 zip code also has a high percentage of homeowners with equity in their homes (over 80%). This high percentage is likely due to the high demand for housing in Brooklyn and the strong economy overall.

Brooklyn's population has grown rapidly in recent years and so too has demand for housing. In addition, many homeowners in this area have been able to build up equity in their homes over time through consistent saving and investing. As a result, there is strong demand for housing in the 11223 zip code and prices are accordingly higher than they would be elsewhere in Brooklyn.