Brooklyn Real Estate Market Trends

Market Overview for Quarter 4, 2022

Median Sale Price


-3% YoY

Median Price/Sqft


-4% YoY

No. of Transactions


-28% YoY

New York City Median Sale Price


-4% YoY

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

In Quarter 4, the median home sale price in Brooklyn was $769K, a -3% change year-over-year. There were a total of 1997 transactions, down 28% compared to the same month last year. In Quarter 4, the median price per square foot was $788, a -4% YoY change. The median home sale price in New York City was $718K.

Brooklyn Borough Map

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
Carroll Gardens Brooklyn $2,100,000
DUMBO Brooklyn $1,767,500
Vinegar Hill Brooklyn $1,575,000
Park Slope Brooklyn $1,545,625
Cobble Hill Brooklyn $1,450,000
Williamsburg Brooklyn $1,337,090
Boerum Hill Brooklyn $1,310,000
Greenwood Heights Brooklyn $1,250,000
Gowanus Brooklyn $1,235,358
Downtown Brooklyn Brooklyn $1,212,190
Greenpoint Brooklyn $1,185,721
Red Hook Brooklyn $1,150,000
Mill Basin Brooklyn $999,000
Windsor Terrace Brooklyn $995,000
Fort Greene Brooklyn $995,000
Manhattan Beach Brooklyn $985,000
Columbia Street Waterfront District Brooklyn $977,250
Borough Park Brooklyn $975,617
Clinton Hill Brooklyn $975,000
Bergen Beach Brooklyn $922,500
Dyker Heights Brooklyn $917,000
Prospect Heights Brooklyn $900,000
Prospect Park South Brooklyn $882,984
Madison Brooklyn $865,000
Brooklyn Heights Brooklyn $845,000
Ditmas Park Brooklyn $843,250
Crown Heights Brooklyn $810,000
Sea Gate Brooklyn $800,000
Bedford-Stuyvesant Brooklyn $770,000
Bath Beach Brooklyn $745,000
Marine Park Brooklyn $735,000
Bushwick Brooklyn $735,000
Bensonhurst Brooklyn $716,387
Bay Ridge Brooklyn $625,000
Gravesend Brooklyn $607,500
Georgetown Brooklyn $596,750
Homecrest Brooklyn $592,500
Sunset Park Brooklyn $586,500
Brownsville Brooklyn $560,000
Ocean Hill Brooklyn $554,455
Prospect - Lefferts Gardens Brooklyn $549,973
Old Mill Basin Brooklyn $547,500
Flatbush Brooklyn $539,881
East Flatbush Brooklyn $509,699
East New York Brooklyn $507,000
Kensington Brooklyn $489,000
Midwood Brooklyn $486,720
Flatlands Brooklyn $485,300
Coney Island Brooklyn $469,000
Brighton Beach Brooklyn $434,500
Canarsie Brooklyn $427,500
Wingate Brooklyn $407,300
Sheepshead Bay Brooklyn $359,500
Gerritsen Beach Brooklyn $339,500

Residential Properties Sold in Brooklyn

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $980K 6% $1K 10% 991
Coops $403K -14% $705 -14% 567
Houses $850K 0% $586 0% 426

The median house sale price in Brooklyn in Quarter 4 was relatively flat year-over-year at $850K. However, median condo prices in Brooklyn trended up 6% year-over-year to $980K. Median coop sale price in Brooklyn were $403K, a change of -14% year-over-year.

See also

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