Market Overview for Quarter 4, 2020
Median Sale Price
14% YoY
Median Price/Sqft
4% YoY
No. of Transactions
18% YoY
New York City Median Sale Price
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
Top Boroughs in New York City
View the most recent market trends and historic home sale prices in Manhattan , Queens , Bronx , Staten Island
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
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.
Branded market reports
Advance your marketing strategy and turn our market reports into your new business card.
Find out more