Canarsie Real Estate Market Trends

Market Overview for Quarter 1, 2023

Median Sale Price


-15.4% YoY

Median Price/Sqft


-9.7% YoY

No. of Transactions


-24.1% YoY

Brooklyn Median Sale Price


-5% YoY

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

In Quarter 1, the median home sale price in Canarsie was $520K, down 15.4% year-over-year. There were a total of 22 transactions, representing a 24.1% drop compared to Quarter 1 last year. The median price per square foot was $470, a -9.7% YoY change. In Quarter 1, the median home sale price in Brooklyn was $755K.

Canarsie Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in Canarsie

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Top most expensive neighborhoods in Brooklyn

Canarsie median price compared with other neighborhoods in Brooklyn

Property values in Canarsie are lower compared to the borough of Canarsie overall.

Canarsie median price compared with all the neighborhoods in Brooklyn

Neighborhood Borough Median Sale Price
Red Hook Brooklyn $2,865,000
DUMBO Brooklyn $1,798,696
Carroll Gardens Brooklyn $1,633,371
Gowanus Brooklyn $1,600,000
Williamsburg Brooklyn $1,400,000
Vinegar Hill Brooklyn $1,290,400
Downtown Brooklyn Brooklyn $1,256,087
Park Slope Brooklyn $1,207,500
Columbia Street Waterfront District Brooklyn $1,114,828
Brooklyn Heights Brooklyn $1,093,878
Greenpoint Brooklyn $1,080,750
Fiske Terrace Brooklyn $1,080,000
Cobble Hill Brooklyn $1,055,000
Greenwood Heights Brooklyn $1,049,000
Prospect Heights Brooklyn $1,010,000
Clinton Hill Brooklyn $975,000
Boerum Hill Brooklyn $971,396
Manhattan Beach Brooklyn $933,628
Bergen Beach Brooklyn $924,197
Borough Park Brooklyn $922,500
Crown Heights Brooklyn $888,030
Dyker Heights Brooklyn $876,500
Mill Basin Brooklyn $865,000
Bedford-Stuyvesant Brooklyn $842,500
Madison Brooklyn $818,000
Windsor Terrace Brooklyn $805,000
Flatbush Brooklyn $800,000
Marine Park Brooklyn $734,250
Wingate Brooklyn $692,000
Prospect Park South Brooklyn $675,000
Prospect - Lefferts Gardens Brooklyn $675,000
Bath Beach Brooklyn $665,000
Bay Ridge Brooklyn $654,500
Midwood Brooklyn $644,821
Georgetown Brooklyn $640,380
East Flatbush Brooklyn $638,600
Bushwick Brooklyn $637,406
Fort Greene Brooklyn $623,350
Gravesend Brooklyn $619,500
Bensonhurst Brooklyn $605,500
Gerritsen Beach Brooklyn $567,500
Ocean Hill Brooklyn $553,731
Kensington Brooklyn $551,750
Brownsville Brooklyn $541,667
Canarsie Brooklyn $520,000
Sea Gate Brooklyn $517,500
Sunset Park Brooklyn $475,000
Ditmas Park Brooklyn $457,500
East New York Brooklyn $447,500
Coney Island Brooklyn $429,000
Flatlands Brooklyn $427,500
Brighton Beach Brooklyn $420,000
Homecrest Brooklyn $410,000
Old Mill Basin Brooklyn $400,000
Sheepshead Bay Brooklyn $340,000

Residential Properties Sold in Canarsie

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $394K 21.4% $450 14.6% 8
Coops $180K -10% - - 1
Houses $680K 5% $505 -10.7% 13

The median house sale price in Canarsie in Quarter 1 was $680K, up 5% year-over-year. Condo prices in Canarsie trended similarly, with the median condo price up 21.4% year-over-year to $394K. Median coop sale price in Canarsie were $180K, a change of -10% year-over-year.

See also

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Canarsie Neighborhood Guide

Canarsie was carved out of Flatlands, one of the five original towns the Dutch set up on Long Island in the 1600s. The name came from an English approximation of a Lenni Lenape Indian word for "fenced land" or "hedge" - a fortuitous choice since the former fishing village on Jamaica Bay gave way to the little fenced-in properties of lawns and flower gardens and driveways that make up today's neighborhood. In recent years Canarsie has received a strong migration from Caribbean nations settling in the waterfront community. The West Indian culture has branded the middle-class neighborhood with such island staples as cricket fields and Jamaican jerk pulled pork and chicken eateries.

Architecture and landmarks

There are still heritage structures visible in the Canarsie streetscape. On Flatlands Avenue is an 1820s-era residence constructed by Charles Vanderveer, a direct descendant of Dutch settler Cornelius Venderveer. The Canarsie Pier is a Depression-era project that replaced the Golden City Amusement Park that was rival to Coney Island in the early 1900s; its carousel was salvaged and sent east to Baldwin at 850 Sunrise Highway. One of Canarsie's oldest landmarks arrives on the stoop every Thursday - the Canarsie Courier has been published since 1921 and is the oldest weekly newspaper in Brooklyn.


The L Train begins its hour-long journey into Manhattan at Rockaway Parkway. Access to other Brooklyn subway lines (2, 3 and 5) will require a mastery of the MTA bus schedule - start with the B6, B17, B60, and B103; the BM2 offers an express ride into Manhattan, and you expect a journey of about an hour.


Five public elementary and two intermediate schools handle the education needs of Canarsie youth. Canarsie High School was overhauled at the beginning of this decade and transformed into a campus of three schools of targeted classrooms: the High School or Medical Professions, Innovation in Advertising and Media, and Urban Action Academy.


Brookdale University Hospital and Medical Center just north of Canarsie is a regional tertiary care center. The emergency department operates 24/7 and is one of Brooklyn's largest; the Trauma Center is one of only 15 Level 1 facilities in the city. Brookdale also offer patients a variety of outpatient programs and long-term specialty care.


Canarsie is tucked into bed each night by the 69th Precinct, which reports 12.8196 crimes per 1,000 residents, placing the neighborhood in the top 20% for safety in New York City.

Things to do

Keeping your yard up ranks high on the to-do list in Canarsie. Shopping is a mix of brand name retailers and Caribbean-run small businesses along Rockaway Parkway, Flatlands Avenue and Remsen Avenue. Casual West Indian is most often the choice for dining out.

When it comes time to relax you can grab a fishing pole and drop a line off the Canarsie Pier. The recreation pier is maintained by federal dollars, part of the Jamaica Bay Unit of the Gateway National Recreation Area.

Canarsie Beach Park has a history that reaches back to the 1670s; today, history is made by tricksters on skateboards navigating a concrete skate plaza and a unique obstacle trail around the perimeter of the park. There are also baseball fields, soccer fields, basketball courts and that cricket field - the only one in New York City.