Brooklyn Real Estate Market Trends

Market Overview for Quarter 2, 2021


Median Sale Price

$835K

19% YoY


Median Price/Sqft

$844

7% YoY


No. of Transactions

3,104

135% YoY

New York City Median Sale Price

$773K

14% YoY

As of Quarter 2, the median home sale price in Brooklyn was $835K, up 19% year-over-year. A total of 3104 properties traded, representing a 135% year-over-year increase. The median price per square foot in Quarter 2 was $844, a 7% YoY change. The median home sale price in New York City was $773K.

Brooklyn Borough Map

Brooklyn Median Sale Price

View: GraphTable

Median Sale Price Per Square Feet

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Real Estate Transactions in Brooklyn

View: Graph Table

Top Boroughs in New York City

Brooklyn median price compared with other neighborhoods in New York City

Brooklyn property values are on the higher-end among all boroughs in NYC .




Most Expensive Neighborhoods in Brooklyn

Neighborhood Borough Median Sale Price
Vinegar Hill Brooklyn $1,675,000
DUMBO Brooklyn $1,530,000
Prospect - Lefferts Gardens Brooklyn $1,474,997
Cobble Hill Brooklyn $1,427,500
Manhattan Beach Brooklyn $1,400,000
Greenpoint Brooklyn $1,320,000
Park Slope Brooklyn $1,192,500
Carroll Gardens Brooklyn $1,188,000
Columbia Street Waterfront District Brooklyn $1,100,000
Williamsburg Brooklyn $1,100,000
Red Hook Brooklyn $1,094,978
Prospect Heights Brooklyn $1,057,500
Brooklyn Heights Brooklyn $1,040,000
Boerum Hill Brooklyn $1,034,500
Mill Basin Brooklyn $999,000
Gowanus Brooklyn $987,500
Fort Greene Brooklyn $977,500
Bedford-Stuyvesant Brooklyn $949,000
Greenwood Heights Brooklyn $920,000
Dyker Heights Brooklyn $905,000
Borough Park Brooklyn $900,000
Downtown Brooklyn Brooklyn $885,000
Ditmas Park Brooklyn $866,000
Madison Brooklyn $825,000
Crown Heights Brooklyn $805,500
Windsor Terrace Brooklyn $797,500
Sea Gate Brooklyn $755,000
Bushwick Brooklyn $739,000
Wingate Brooklyn $730,000
Clinton Hill Brooklyn $723,500
Marine Park Brooklyn $720,000
Georgetown Brooklyn $710,000
Bergen Beach Brooklyn $706,250
Bensonhurst Brooklyn $700,000
Flatbush Brooklyn $628,750
Gravesend Brooklyn $620,000
East Flatbush Brooklyn $600,000
Prospect Park South Brooklyn $599,000
Sunset Park Brooklyn $595,000
Kensington Brooklyn $578,000
Flatlands Brooklyn $570,000
Midwood Brooklyn $565,110
Brownsville Brooklyn $550,000
Old Mill Basin Brooklyn $539,000
Canarsie Brooklyn $514,220
Gerritsen Beach Brooklyn $490,000
Bay Ridge Brooklyn $480,000
East New York Brooklyn $465,000
Bath Beach Brooklyn $445,000
Brighton Beach Brooklyn $420,000
Ocean Hill Brooklyn $415,495
Coney Island Brooklyn $386,250
Sheepshead Bay Brooklyn $325,000
Homecrest Brooklyn $325,000

Residential Properties Sold in Brooklyn

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $941K 14% $988 4% 1582
Coops $507K 9% $780 -4% 842
Houses $870K 13% $606 11% 663

The median house sale price in Brooklyn in Quarter 2 was $870K, up 13% year-over-year. Condo and coop prices in Brooklyn trended similarly, with a median condo price of $941K, up 14% year-over-year, and the median coop sale price up 9 % year-over-year to $507K.

See also

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