11229 — Kings County, New York Market Snapshot
Housing market data for zip code 11229 in Kings County, New York. Updated monthly with median prices, days on market, and more.
Market Sales Data
26 sales in 2026 (year to date)
Median Sale Price
$897,500
Days to Sell
83
Homes Sold
26
Inventory
56
Sale-to-List
97.5%
New Listings
53
Price/SqFt
$596
Pending Sales
34
Conforming Loan Available
Most homebuyers in 11229 can comfortably use conventional financing. The median home price of $897,500 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 83 days on average, 11229 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 11229 sells for 2.5% below asking price (97.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 11229 can comfortably use conventional financing. The median home price of $897,500 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 11229 are set at the county level.
2026 Loan Limits — Kings County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,209,750 | $1,249,125 |
| 2 Units | $1,548,975 | $1,599,375 |
| 3 Units | $1,872,225 | $1,933,200 |
| 4 Units | $2,326,875 | $2,402,625 |
Affordability Snapshot — Zip 11229
To purchase the median home at $897,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,026.
Monthly Payment
$7,026
Income Required
$301,130
Principal & Interest
$5,530/mo
Down Payment (5%)
$44,875
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 11229.
Estimated Monthly Payment
$5,704
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