The median home sale price in Williamsburg, NY, sits around $1.74 million as of mid-2026 - well above both the Brooklyn and New York City averages. If you are buying a home in Williamsburg, you're in a fast-paced environment where available inventory often moves in just over a month.
Whether you plan to list a waterfront condo or purchase a historic row house, you need clear expectations before you start. With roughly 4.6 months of supply and homes selling for nearly 100% of their asking price, there's not much room for wishful thinking.
Current State of the Local Market
Williamsburg currently has about 186 active listings, generating roughly 4.6 months of supply. That puts it in a relatively balanced position - buyers and sellers are generally meeting at fair terms rather than fighting over every unit.
The broader Brooklyn borough sits at about 3.8 months of supply, making it more of a seller's market than Williamsburg itself. That said, some mid-tier condos here have seen rising inventory and softening prices, so the experience really depends on what type of property you're looking at.
Buyer vs. Seller Dynamics
The market moves quickly despite that balanced headline number. Homes go to pending in a median of 43 days, and sellers are landing sale-to-list ratios around 99.7%. About 17.6% of recent transactions closed above asking. Buyers need to be ready to negotiate fast on well-priced units; sellers who price correctly from day one are still seeing strong offers.
Comparing Williamsburg to the Rest of Brooklyn
Property values here sit on the high end for Kings County. The borough-wide Brooklyn median is closer to $900,000, and New York City's overall median home price is $800,000. At $1.74 million, Williamsburg is operating in one of the most premium segments of the NYC market - which matters a lot when you're doing any kind of apples-to-apples comparison with nearby neighborhoods.
Home Prices and Values in Williamsburg, NY
Recent market data from June 2026 shows 123 homes sold in the neighborhood, with a median sale price of approximately $1,741,894. The average home value sits at about $1,396,037, reflecting steady growth across different housing tiers.
Those two numbers tell slightly different stories, and both matter as you set your budget.
Median and Average Sale Prices
That median price reflects a 14.5% year-over-year increase - meaningful appreciation in a single year. Condos specifically are coming in around $1.6 million at the median, while co-ops offer a dramatically lower entry point at roughly $410,000.
Co-ops aren't for everyone, but for buyers priced out of the condo or single-family market, they remain a real alternative worth understanding. The gap between $410,000 and $1.6 million is large enough that property type alone can determine whether Williamsburg works for your budget.
Price Per Square Foot and Property Types
The median price per square foot runs between $1,447 and $1,520, with a modest 0.3% to 3% increase over the past year depending on exact location and building amenities. Condos make up a large share of recent sales volume, particularly smaller, well-priced units.
Co-op prices, by contrast, dropped 21.6% year-over-year. That's a sharp move, and it points to a clear shift in buyer demand toward condo ownership.
Values Across Local ZIP Codes
The two main ZIP codes here don't tell the same story. In 11211, the average home value is roughly $1,339,107, up 4.6% over the past twelve months. In 11249, closer to the waterfront, Census-based data puts the median home value at $1,178,900.
Proximity to transit and amenities shifts values block by block, so looking at ZIP code data alone only gets you so far.
Recent Sales Trends and Active Inventory
Transaction volume has climbed noticeably - 123 homes sold in a recent 30-day period, compared to 65 properties traded during the same timeframe a year earlier. And homes are moving faster: the median days on market is now 43, down considerably from the 92 to 97 days seen last year.
Some softening in mid-tier condo inventory hasn't slowed the overall pace much.
Price Shifts Over the Last Year
Overall sale prices jumped 14.5% year-over-year by mid-2026. Condo prices climbed 13.4% year-over-year to reach that $1.6 million median. Co-op prices, as noted, fell 21.6% - suggesting buyers are favoring condos for their flexibility and financing structures over the traditional co-op board process.
Not all property types move together here, and that divergence matters depending on which segment you're in.
Time on Market and Active Listings
With 186 active listings and a 43-day median time on market, you have options - but not unlimited time to think it over. Well-priced properties often have a buyer within the first month. The 4.6 months of supply is enough to keep severe bidding wars from breaking out on every listing, but not enough to push prices down.
Market Forecast and Future Expectations
Industry experts expect the Williamsburg housing market to stay stable through the remainder of 2026. Assuming no major economic or interest rate disruptions, steady growth is the base case - not a sharp decline, and not a bubble bursting. Market analysts have largely dismissed that scenario, pointing to strong baseline demand for Brooklyn real estate as the floor under current valuations.
What to Expect Through the Rest of 2026
Inventory levels are projected to hover around four to five months of supply, and the 99.7% sale-to-list ratio is expected to hold. Plan on paying close to asking price. Sellers, that also means you need to price accurately from the start - a crash isn't likely, but rising inventory in certain mid-tier condo segments means overpriced units will sit well past that 43-day median.
Affordability and Cost of Living Data
A $1.74 million median sale price puts serious demands on your budget. Williamsburg is one of the most expensive places to live in Brooklyn, full stop.
For context, the median household income for the 11249 ZIP code is reported at $113,946. Buyers financing a home at the current median price point will need income considerably higher than that local figure to qualify for a mortgage - the monthly carrying costs alone take up a large portion of a household budget at this price level.
Income Requirements and Local Metrics
If the median condo price is out of reach, co-ops at around $410,000 offer a more accessible way in. Just factor in board requirements and monthly maintenance fees when you're running the numbers - total housing cost for a co-op is rarely just the purchase price.
Practical Advice for Buyers and Sellers
The difference between a fast sale and a listing that stalls usually comes down to two things: pricing strategy and property type. Williamsburg's dynamics are specific enough that broad Brooklyn advice doesn't always apply here.
Buyers should get their financing sorted early - at a 43-day median time on market, there's no cushion for a slow pre-approval process. Sellers should be looking at recent comps in their exact building or block, not relying on neighborhood-wide averages that blend very different product types.
Strategies for the Current Market
If you're selling a condo, recent updates matter - mid-tier units are facing more competition as inventory rises. Pricing to reflect the current $1,447 to $1,520 per-square-foot range helps attract serious buyers quickly rather than chasing the market down.
If you're buying a co-op, get your financial documentation organized well before you make an offer. Co-op prices are down 21.6% year-over-year, which is meaningful - but board approval processes are still thorough, and a disorganized application can cost you a deal even when the price is right.
Frequently Asked Questions
What are the typical closing costs and mansion taxes when buying a condo in Williamsburg, Brooklyn?
Condo prices in Williamsburg run around $1.6 million, and that's the baseline you'll use to calculate closing costs. Specific mansion tax rates and closing fees vary by property, so you'll want to go through those numbers with your real estate attorney before you're under contract.
How does the Williamsburg housing market compare in price and inventory to nearby Greenpoint or Bushwick?
Specific data for Greenpoint or Bushwick isn't available here, but Williamsburg sits on the higher end of the Brooklyn market. The $1.74 million median home sale price is well above the borough-wide Brooklyn median of $900,000 - so the gap with most neighboring neighborhoods is substantial.
What happens to my monthly payments if the 421a tax abatement on my Williamsburg new development expires?
That depends on the individual property. What you can say with certainty is that in a market where the median home price is roughly $1.74 million, the tax hit on expiration can be significant. Review your building's tax history carefully before you close.
Are buyers required to purchase additional flood insurance when buying real estate near the Williamsburg waterfront?
Insurance requirements depend on the exact location and elevation of the property. If you're looking in the 11249 ZIP code - where the median home value is $1,178,900 - verify flood zone status with your lender before you get too far into the process.
How long are properties currently staying on the market in Williamsburg before entering a bidding war?
The median days on market is currently 43. With 17.6% of recent transactions closing above asking price, well-priced properties can draw multiple offers quickly - so don't assume you have weeks to deliberate.
How strict are Williamsburg co-op boards regarding debt-to-income ratios for first-time home buyers?
Requirements vary by building, so there's no single answer. What's consistent is that boards are thorough. With co-op prices averaging around $410,000 - down 21.6% year-over-year - they remain one of the more accessible entry points in this market, but only for buyers who can meet each individual board's financial criteria.
