Brooklyn Real Estate Market Trends

Market Overview for Quarter 2, 2022


Median Sale Price

$842K

1% YoY


Median Price/Sqft

$940

9% YoY


No. of Transactions

2,919

-6% YoY

New York City Median Sale Price

$767K

0% YoY

What is the median sale price and median price per sq ft in Brooklyn?

In Quarter 2, the median home sale price in Brooklyn was $842K, a 1% change year-over-year. There were a total of 2919 transactions, down 6% compared to the same month last year. In Quarter 2, the median price per square foot was $940, a 9% YoY change. The median home sale price in New York City was $767K.

Brooklyn Borough Map

Brooklyn Median Sale Price

View: GraphTable

Median Sale Price Per Square Feet

View: Graph Table

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
Red Hook Brooklyn $2,197,000
DUMBO Brooklyn $2,062,750
Fiske Terrace Brooklyn $1,809,000
Gowanus Brooklyn $1,629,200
Columbia Street Waterfront District Brooklyn $1,575,000
Boerum Hill Brooklyn $1,570,000
Cobble Hill Brooklyn $1,520,500
Carroll Gardens Brooklyn $1,450,000
Brooklyn Heights Brooklyn $1,397,500
Fort Greene Brooklyn $1,347,500
Park Slope Brooklyn $1,327,500
Downtown Brooklyn Brooklyn $1,288,086
Williamsburg Brooklyn $1,280,000
Greenpoint Brooklyn $1,250,000
Mill Basin Brooklyn $1,190,000
Prospect Heights Brooklyn $1,176,500
Vinegar Hill Brooklyn $1,100,000
Dyker Heights Brooklyn $992,500
Manhattan Beach Brooklyn $950,000
Windsor Terrace Brooklyn $946,697
Borough Park Brooklyn $935,000
Bergen Beach Brooklyn $925,000
Clinton Hill Brooklyn $875,000
Bedford-Stuyvesant Brooklyn $842,500
Crown Heights Brooklyn $784,052
Greenwood Heights Brooklyn $772,000
Marine Park Brooklyn $750,000
Bath Beach Brooklyn $735,331
Wingate Brooklyn $732,000
Bensonhurst Brooklyn $720,750
Old Mill Basin Brooklyn $712,500
Prospect Park South Brooklyn $687,500
Prospect - Lefferts Gardens Brooklyn $675,000
Bushwick Brooklyn $645,570
Brighton Beach Brooklyn $626,000
Gravesend Brooklyn $625,000
Madison Brooklyn $618,000
Midwood Brooklyn $611,968
Georgetown Brooklyn $605,000
Flatbush Brooklyn $600,000
East Flatbush Brooklyn $590,000
Sea Gate Brooklyn $588,400
Canarsie Brooklyn $567,500
Bay Ridge Brooklyn $546,000
Brownsville Brooklyn $530,000
Flatlands Brooklyn $525,000
Kensington Brooklyn $524,500
Sunset Park Brooklyn $520,000
East New York Brooklyn $511,500
Homecrest Brooklyn $510,475
Ocean Hill Brooklyn $497,500
Ditmas Park Brooklyn $485,000
Coney Island Brooklyn $458,750
Gerritsen Beach Brooklyn $440,000
Sheepshead Bay Brooklyn $340,000

Residential Properties Sold in Brooklyn

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $975K 3% $1K 14% 1512
Coops $495K -2% $831 6% 786
Houses $886K 3% $619 3% 582

The median house sale price in Brooklyn in Quarter 2 was relatively flat year-over-year at $886K. Condo and coop prices in Brooklyn trended similarly, with the median condo price flat year-over-year at $975K, and the median coop sale price flat at $495K.

See also

Fair use and redistribution

We encourage and freely grant you permission to reuse and repost the information, charts and images found in this report. When doing so, we only ask that you link back to this page, or PropertyShark.com.