Brooklyn Real Estate Market Trends

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.

Brooklyn Median Sale Price

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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
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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