Boerum Hill Real Estate Market Trends

Market Overview for January, 2024


Median Sale Price

$945K

0.3% YoY


Median Price/Sqft

$1,019

-% YoY


No. of Transactions

8

100% YoY

Brooklyn Median Sale Price

$790K

3% YoY

What is the median sale price and median price per sq ft in Boerum Hill?
In January, the median home sale price in Boerum Hill was $945K, a 0.3% change year-over-year. A total of 8 properties changed hands, up 100% compared to the same month last year. In January, the median price per square foot was $1,019, a -% YoY change. The median home sale price in Brooklyn was $790K.

Boerum Hill Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in Boerum Hill

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Top most expensive neighborhoods in Brooklyn

Boerum Hill median price compared with other neighborhoods in Brooklyn

Boerum Hill property values are on the higher-end for neighborhoods in Brooklyn .




Boerum Hill median price compared with all the neighborhoods in Brooklyn

Neighborhood Borough Median Sale Price
Cobble Hill Brooklyn $2,437,500
Red Hook Brooklyn $2,400,000
Gowanus Brooklyn $1,966,500
Prospect - Lefferts Gardens Brooklyn $1,667,500
Greenpoint Brooklyn $1,575,000
DUMBO Brooklyn $1,545,000
Park Slope Brooklyn $1,450,000
Manhattan Beach Brooklyn $1,350,000
Brooklyn Heights Brooklyn $1,325,000
Downtown Brooklyn Brooklyn $1,292,086
Fiske Terrace Brooklyn $1,240,000
Clinton Hill Brooklyn $1,221,900
Greenwood Heights Brooklyn $1,197,500
Williamsburg Brooklyn $1,187,500
Fort Greene Brooklyn $1,150,000
Carroll Gardens Brooklyn $1,010,000
Vinegar Hill Brooklyn $990,000
Dyker Heights Brooklyn $950,000
Boerum Hill Brooklyn $945,000
Windsor Terrace Brooklyn $935,000
Prospect Heights Brooklyn $929,500
Ditmas Park Brooklyn $865,000
Crown Heights Brooklyn $834,500
Wingate Brooklyn $829,124
Madison Brooklyn $810,000
Mill Basin Brooklyn $800,000
Columbia Street Waterfront District Brooklyn $795,000
Bergen Beach Brooklyn $783,670
Bedford-Stuyvesant Brooklyn $750,000
Marine Park Brooklyn $745,000
Georgetown Brooklyn $675,000
Old Mill Basin Brooklyn $657,000
Borough Park Brooklyn $656,771
East Flatbush Brooklyn $624,500
Midwood Brooklyn $610,000
Brownsville Brooklyn $604,500
Gravesend Brooklyn $600,767
Brighton Beach Brooklyn $600,000
Bushwick Brooklyn $600,000
Bath Beach Brooklyn $600,000
Ocean Hill Brooklyn $554,455
Prospect Park South Brooklyn $535,000
Canarsie Brooklyn $489,500
Sunset Park Brooklyn $486,500
Kensington Brooklyn $481,860
Homecrest Brooklyn $431,964
Bay Ridge Brooklyn $430,500
Coney Island Brooklyn $430,000
Flatlands Brooklyn $413,250
East New York Brooklyn $402,497
Gerritsen Beach Brooklyn $353,087
Sheepshead Bay Brooklyn $319,705
Bensonhurst Brooklyn $195,000
Flatbush Brooklyn $189,500

Residential Properties Sold in Boerum Hill

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos - - - - 0
Coops $700K -25.7% - - 0
Houses - - - - 0

Median coop sale price in Boerum Hill were $700K, a change of -25.7% year-over-year. There was no statistically significant data for median condo price and median house price activity for the period of January in Boerum Hill.

See also

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Boerum Hill Neighborhood Guide

With tree-lined streets, trendy shops, and incredible dining options, it's no wonder Boerum Hill is a favorite neighborhood for those who love Brooklyn. Combine the wealth of things to do with its convenient commute via subway and there's no reason to be surprised that this area hasn't been lost in the pack. Known as much for its up-and-coming areas as for its locally-owned and locally-run shops that have been there for decades, this is a popular spot for those who love eclectic living.

Architecture and landmarks

Well-known for its array of independent stores, locally owned restaurants, and classic brownstones, Boerum Hill is also home to an array of art galleries. Cultural landmarks include Roulette, BAM, the Invisible Dog Art Center, and the Issue Project Room. There's even a non-commercial radio station located in the neighborhood, which is entirely funded by its listeners. It's also home to a small historic district with a long row of Italianate and Greek Revival homes built in the early 1870s. Classic architecture in the rest of the neighborhood is limited to brownstones and bricks, though there's been an influx of new building in the area for the last decade and this trend is expected to continue.

Transport

There's no question that the exceptional transportation options are one of the main draws of Boerum Hill. 9 different trains stop at the Atlantic Avenue - Barclays Center station (B, Q, D, N, R, 2, 3, 4, and 5), three trains stop at Hoyt-Schermerhorn (A, G, and C), and two trains stop at the Bergen Street station (F and G). Commute time to Manhattan is less than ten minutes.

Schools

Prekindergarten through fifth grade students generally attend Public School 261 or Brooklyn Heights Montessori School, which is actually in Boerum Hill, despite what its name might imply. There are also three well-respected private schools within walking distance of the neighborhood: Saint Ann's School, Brooklyn Friends School, and Packer Collegiate Institute.

Health

The closest hospital to Boerum Hill is Mount Sinai Doctors in Brooklyn Heights. There are also numerous private practices and urgent care clinics in the nearby Cobble Hill neighborhood, including NYU Langone Cobble Hill and CityMD Cobble Hill. The plethora of transportation options makes it easy for residents to get to a wide range of other medical facilities.

Safety

Boreum Hill is served by the 84th precinct of the New York City Police Department. In 2016 there were 19.96 crimes per thousand residents in this precinct. That is higher than many neighborhoods in Brooklyn, but not the highest.

Things to do

For a neighborhood so small in square footage, there is no shortage of things to do in Boerum Hill and the surrounding areas. Barclays Center is a short walk away, with its constant array of sporting events and music concerts, and there are a wide range of Islamic and Middle Eastern shops and eateries on Atlantic Avenue between 3rd and 4th avenues. Then there's Bar Tabac, with its mix of Parisian elegance and Brooklyn charm, or the vintage shop Butter Consignment, where you'll find vintage goods to please any taste.

There are numerous festivals in the neighborhood too, like October's soup crawl, Festival des Soupes, in which many restaurants along Smith Street serve small cups of soup for participants to try. For those looking for a quick tasty sandwich, Red Star is a popular choice, and the Brooklyn Inn, located on Bergen Street, is a bar with truly unique old-world charm. Those who want a livelier evening are likely to head over to the Gowanus Yacht Club for cheap beer and a packed house.

Since it's so small, Boreum Hill doesn't have much by way of green space. However, it is within walking distance of the enormous Prospect Park.