11231 — Kings County, New York Market Snapshot
Housing market data for zip code 11231 in Kings County, New York. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 6 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Kings County county page for broader data.
Market Sales Data
6 sales in 2026 (year to date)
Median Sale Price
$2,587,500
Days to Sell
124
Homes Sold
6
Inventory
14
Jumbo Loan Likely Needed
The median home in 11231 at $2,587,500 exceeds the 2026 conforming loan limit of $1,209,750 by $1,377,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
With homes sitting for 124 days on average, 11231 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Conforming Loan Feasibility
The median home in 11231 at $2,587,500 exceeds the 2026 conforming loan limit of $1,209,750 by $1,377,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 11231 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 11231
To purchase the median home at $2,587,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $19,975.
Monthly Payment
$19,975
Income Required
$856,054
Principal & Interest
$15,943/mo
Down Payment (5%)
$129,375
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 11231.
Estimated Monthly Payment
$16,163
Jumbo loan required. Loan amount exceeds the $1,209,750 conforming limit for 11231.
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 11231. Tell us what you're looking for.