Market Overview for October, 2023
Median Sale Price
36.3% YoY
Median Price/Sqft
25.9% YoY
No. of Transactions
14800% YoY
New York City Median Sale Price
-12% YoY
What is the median sale price and median price per sq ft in Brooklyn?
As of October, the median home sale price in Brooklyn was $695K, up 36.3% year-over-year.
A total of 1490 properties traded, representing a 14800% year-over-year increase.
The median price per square foot in October was $764, a 25.9% YoY change.
The median home sale price in New York City was $625K.
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 |
|---|---|---|
| DUMBO | Brooklyn | $2,250,000 |
| Fiske Terrace | Brooklyn | $1,900,000 |
| Red Hook | Brooklyn | $1,712,000 |
| Downtown Brooklyn | Brooklyn | $1,652,500 |
| Gowanus | Brooklyn | $1,568,450 |
| Carroll Gardens | Brooklyn | $1,390,000 |
| Boerum Hill | Brooklyn | $1,341,000 |
| Brooklyn Heights | Brooklyn | $1,175,000 |
| Bedford-Stuyvesant | Brooklyn | $1,100,000 |
| Williamsburg | Brooklyn | $1,050,000 |
| Greenpoint | Brooklyn | $1,040,500 |
| Park Slope | Brooklyn | $1,029,900 |
| Borough Park | Brooklyn | $999,000 |
| Columbia Street Waterfront District | Brooklyn | $999,000 |
| Dyker Heights | Brooklyn | $900,000 |
| Manhattan Beach | Brooklyn | $865,512 |
| Bergen Beach | Brooklyn | $840,000 |
| Mill Basin | Brooklyn | $830,000 |
| Ditmas Park | Brooklyn | $821,250 |
| Greenwood Heights | Brooklyn | $810,000 |
| Clinton Hill | Brooklyn | $800,000 |
| Prospect Heights | Brooklyn | $790,075 |
| Bushwick | Brooklyn | $787,500 |
| Marine Park | Brooklyn | $765,000 |
| Prospect Park South | Brooklyn | $750,000 |
| Georgetown | Brooklyn | $745,000 |
| Cobble Hill | Brooklyn | $733,089 |
| Bensonhurst | Brooklyn | $723,000 |
| Old Mill Basin | Brooklyn | $700,000 |
| Fort Greene | Brooklyn | $670,000 |
| Windsor Terrace | Brooklyn | $655,931 |
| Gravesend | Brooklyn | $625,000 |
| Gerritsen Beach | Brooklyn | $610,950 |
| Madison | Brooklyn | $599,540 |
| Brownsville | Brooklyn | $595,000 |
| Sea Gate | Brooklyn | $565,000 |
| East New York | Brooklyn | $550,000 |
| Flatbush | Brooklyn | $550,000 |
| Prospect - Lefferts Gardens | Brooklyn | $545,500 |
| Kensington | Brooklyn | $533,750 |
| Crown Heights | Brooklyn | $533,000 |
| Flatlands | Brooklyn | $527,500 |
| East Flatbush | Brooklyn | $475,000 |
| Sunset Park | Brooklyn | $460,650 |
| Brighton Beach | Brooklyn | $459,135 |
| Canarsie | Brooklyn | $457,536 |
| Bay Ridge | Brooklyn | $450,000 |
| Bath Beach | Brooklyn | $440,000 |
| Coney Island | Brooklyn | $420,000 |
| Midwood | Brooklyn | $390,000 |
| Homecrest | Brooklyn | $357,500 |
| Sheepshead Bay | Brooklyn | $301,000 |
| Ocean Hill | Brooklyn | $271,083 |
Residential Properties Sold in Brooklyn
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $955K | -14.6% | $1K | 47.1% | 0 |
| Coops | $380K | -7.3% | $596 | 19.2% | 0 |
| Houses | $825K | 38.7% | $604 | 60.4% | 0 |
The median house sale price in Brooklyn in October was $825K, up 38.7% year-over-year. Conversely, median condo prices in Brooklyn trended down 14.6% year-over-year to $955K. Median coop sale price in Brooklyn were $380K, a change of -7.3% year-over-year.
See also
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