How much is a home worth in ZIP code 11232?

The typical home in 11232 is worth $810,275, based on the Zillow Home Value Index.

Are home values rising in 11232?

Home values in 11232 are up 4.5% over the past year, and up 0.2% a year over five years.

What is the typical rent in 11232?

A typical home in 11232 rents for about $2,994 a month, a gross rental yield of 4.4%.

What is the property tax rate in 11232?

The effective property tax rate in 11232 is 0.5% — roughly $3,890 a year on a typical home.

ZIP code 11232 has a population of 27,816 and a median household income of $90,891.

HousingHandbookReference data

…

U.S. ZIP Code · NY11232

Kings County · New York-Newark-Jersey City, NY-NJ

Typical home value

$810,275^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.5%
5-year / yr: +0.2%
10-year / yr: +1.1%

Relative price

vs U.S.: +185.2%
vs metro: +11.1%
vs state: +154.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 11232 is worth $810,275 — 11.1% above the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 4.5%. Homes here rent for a typical $2,994 a month — a 4.4% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,994^[2]
Gross yield: 4.4%^[2]
Cap rate: 2.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.5%^[3]
Typical annual tax: $3,890^[3]

#Climate risk

FEMA National Risk Index ratings for Kings County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Relatively High
Wildfire: Very Low
Drought: Very Low
Heat wave: Very High
Hurricane: Relatively High
Tornado: Relatively High
Earthquake: Relatively High
Winter weather: Very High

#Who lives here

Population: 27,816^[3]
Median household income: $90,891^[3]

#Migration

Household moves in and out of Kings County over a year, from IRS tax-return data.

Net migration: -11,517^[5]
Moved in: 66,853
Moved out: 78,370

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 5
Middle: 2
High: 2

SUNSET PARK HIGH SCHOOL
High · Grades 9–12 · NEW YORK CITY GEOGRAPHIC DISTRICT #15
1,343 students
PS 169 SUNSET PARK
Elementary · Grades K–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #15
834 students
PS 24
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #15
542 students
IS 136 CHARLES O DEWEY
Middle · Grades 6–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #15
523 students
PS 172 BEACON SCHOOL OF EXCELLENCE
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #15
445 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.4%

Net yield (after ~40% expenses)2.7%

Annual rent$35,927

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$4,097

Loan principal$648,220

Down payment$162,055

Total interest paid$826,769

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.70

Monthly cost to own$5,097

Monthly rent$2,994

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 8th percentile^[1]
Rental yield: 29th percentile^[2]
Property tax: 4th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 11232?: The typical home in 11232 is worth $810,275, based on the Zillow Home Value Index.
Are home values rising in 11232?: Home values in 11232 are up 4.5% over the past year, and up 0.2% a year over five years.
What is the typical rent in 11232?: A typical home in 11232 rents for about $2,994 a month, a gross rental yield of 4.4%.
What is the property tax rate in 11232?: The effective property tax rate in 11232 is 0.5% — roughly $3,890 a year on a typical home.
Who lives in 11232?: ZIP code 11232 has a population of 27,816 and a median household income of $90,891.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

11010 vs 11232 →
Franklin Square CDP, NY
Typical home
$810,695
Gross yield
—
10607 vs 11232 →
Fairview CDP, NY
Typical home
$809,495
Gross yield
—
11581
Valley Stream, NY
Typical home
$811,692
Gross yield
4.9%
10520
Croton-on-Hudson, NY
Typical home
$808,680
Gross yield
—
11542
Glen Cove, NY
Typical home
$808,581
Gross yield
5.3%
07719
Belmar, NJ
Typical home
$808,443
Gross yield
5.3%

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Pit ZIP 11232 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NY11232

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