Market Overview for Quarter 4, 2020
Median Sale Price
13% YoY
Median Price/Sqft
13% YoY
No. of Transactions
-25% YoY
New York City Median Sale Price
5% YoY
In Quarter 4, the median home sale price in Brooklyn was $769K, a 13% increase year-over-year. A total of 1391 properties changed hands, representing a 25% contraction compared to the same month last year. The median price per square foot as of Quarter 4 was $691, a 13% YoY change. In New York City, the median home sale price 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 |
| Manhattan Beach | Brooklyn | $1,390,000 |
| Vinegar Hill | Brooklyn | $1,357,500 |
| Carroll Gardens | Brooklyn | $1,331,000 |
| Prospect - Lefferts Gardens | Brooklyn | $1,326,375 |
| Boerum Hill | Brooklyn | $1,314,391 |
| Red Hook | Brooklyn | $1,287,449 |
| DUMBO | Brooklyn | $1,275,612 |
| Mill Basin | Brooklyn | $1,250,000 |
| Columbia Street Waterfront District | Brooklyn | $1,225,000 |
| Greenwood Heights | Brooklyn | $1,192,500 |
| Park Slope | Brooklyn | $1,165,000 |
| Williamsburg | Brooklyn | $1,082,500 |
| Prospect Heights | Brooklyn | $1,060,000 |
| Brooklyn Heights | Brooklyn | $1,050,000 |
| Borough Park | Brooklyn | $970,000 |
| Clinton Hill | Brooklyn | $902,500 |
| Fort Greene | Brooklyn | $895,000 |
| Cobble Hill | Brooklyn | $850,500 |
| Bedford-Stuyvesant | Brooklyn | $850,000 |
| Dyker Heights | Brooklyn | $839,000 |
| Madison | Brooklyn | $802,381 |
| Greenpoint | Brooklyn | $799,000 |
| Windsor Terrace | Brooklyn | $780,000 |
| Bergen Beach | Brooklyn | $765,000 |
| Gowanus | Brooklyn | $758,596 |
| Crown Heights | Brooklyn | $721,955 |
| Marine Park | Brooklyn | $721,500 |
| Sea Gate | Brooklyn | $682,227 |
| Bushwick | Brooklyn | $653,750 |
| Georgetown | Brooklyn | $647,500 |
| Old Mill Basin | Brooklyn | $621,500 |
| Bensonhurst | Brooklyn | $620,499 |
| Prospect Park South | Brooklyn | $614,004 |
| Ditmas Park | Brooklyn | $592,000 |
| Bay Ridge | Brooklyn | $579,530 |
| Downtown Brooklyn | Brooklyn | $575,000 |
| Midwood | Brooklyn | $572,500 |
| Gravesend | Brooklyn | $570,000 |
| Flatlands | Brooklyn | $565,875 |
| Wingate | Brooklyn | $561,699 |
| Gerritsen Beach | Brooklyn | $560,000 |
| Kensington | Brooklyn | $517,500 |
| East Flatbush | Brooklyn | $502,750 |
| Sunset Park | Brooklyn | $500,000 |
| Brighton Beach | Brooklyn | $475,000 |
| East New York | Brooklyn | $472,500 |
| Flatbush | Brooklyn | $450,000 |
| Coney Island | Brooklyn | $440,000 |
| Brownsville | Brooklyn | $440,000 |
| Ocean Hill | Brooklyn | $435,006 |
| Bath Beach | Brooklyn | $425,000 |
| Canarsie | Brooklyn | $425,000 |
| Sheepshead Bay | Brooklyn | $405,600 |
| Homecrest | Brooklyn | $242,500 |
Residential Properties Sold in Brooklyn
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $839K | 6% | $815 | 14% | 581 |
| Coops | $499K | 26% | $799 | 11% | 483 |
| Houses | $875K | 16% | $584 | 13% | 326 |
The median house sale price in Brooklyn in Quarter 4 was $875K, up 16% year-over-year. Condo and coop prices in Brooklyn trended similarly, with a median condo price of $839K, up 6% year-over-year, and the median coop sale price up 26 % year-over-year to $499K.
See also
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