Brooklyn Real Estate Market Trends

Market Overview for Quarter 4, 2020


Median Sale Price

$775K

14% YoY


Median Price/Sqft

$772

4% YoY


No. of Transactions

2,214

18% YoY

New York City Median Sale Price

$685K

5% YoY

As of Quarter 4, the median home sale price in Brooklyn was $775K, up 14% year-over-year. A total of 2214 properties traded, representing an 18% year-over-year increase. The median price per square foot in Quarter 4 was $772, a 4% YoY change. The median home sale price in New York City was $685K.

Brooklyn Borough Map

Brooklyn Median Sale Price

View: GraphTable

Median Sale Price Per Square Feet

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Real Estate Transactions in Brooklyn

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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
Fiske Terrace Brooklyn $2,295,000
DUMBO Brooklyn $1,485,000
Manhattan Beach Brooklyn $1,475,000
Vinegar Hill Brooklyn $1,470,000
Carroll Gardens Brooklyn $1,373,000
Boerum Hill Brooklyn $1,345,356
Columbia Street Waterfront District Brooklyn $1,225,000
Mill Basin Brooklyn $1,170,000
Red Hook Brooklyn $1,102,065
Park Slope Brooklyn $1,101,271
Greenwood Heights Brooklyn $1,047,500
Brooklyn Heights Brooklyn $999,000
Williamsburg Brooklyn $985,000
Greenpoint Brooklyn $970,000
Cobble Hill Brooklyn $939,000
Dyker Heights Brooklyn $899,500
Bedford-Stuyvesant Brooklyn $890,000
Borough Park Brooklyn $882,500
Prospect Heights Brooklyn $860,750
Clinton Hill Brooklyn $835,000
Fort Greene Brooklyn $798,755
Windsor Terrace Brooklyn $780,000
Ocean Hill Brooklyn $772,500
Bergen Beach Brooklyn $765,000
Bushwick Brooklyn $765,000
Madison Brooklyn $760,000
Gowanus Brooklyn $751,798
Ditmas Park Brooklyn $710,000
Downtown Brooklyn Brooklyn $705,000
Crown Heights Brooklyn $700,000
Marine Park Brooklyn $700,000
Prospect Park South Brooklyn $695,000
Sea Gate Brooklyn $681,209
Prospect - Lefferts Gardens Brooklyn $677,750
Bensonhurst Brooklyn $670,549
Midwood Brooklyn $652,500
Gravesend Brooklyn $625,000
Flatbush Brooklyn $609,000
Georgetown Brooklyn $607,500
Old Mill Basin Brooklyn $600,000
Flatlands Brooklyn $575,000
East Flatbush Brooklyn $568,250
Gerritsen Beach Brooklyn $565,000
Wingate Brooklyn $561,699
East New York Brooklyn $537,500
Bay Ridge Brooklyn $527,199
Kensington Brooklyn $499,000
Bath Beach Brooklyn $475,000
Canarsie Brooklyn $473,792
Sunset Park Brooklyn $470,000
Coney Island Brooklyn $462,500
Brownsville Brooklyn $440,000
Brighton Beach Brooklyn $440,000
Homecrest Brooklyn $418,500
Sheepshead Bay Brooklyn $402,800

Residential Properties Sold in Brooklyn

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $875K 11% $955 2% 1020
Coops $505K 27% $802 11% 657
Houses $829K 10% $562 9% 534

The median house sale price in Brooklyn in Quarter 4 was $829K, up 10% year-over-year. Condo and coop prices in Brooklyn trended similarly, with a median condo price of $875K, up 11% year-over-year, and the median coop sale price up 27 % year-over-year to $505K.

See also

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