Carroll Gardens Real Estate Market Trends

Market Overview for Quarter 2, 2021


Median Sale Price

$1.2M

-38% YoY


Median Price/Sqft

$1,075

-15% YoY


No. of Transactions

30

233% YoY

Brooklyn Median Sale Price

$835K

19% YoY

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

The median home sale price in Carroll Gardens as of Quarter 2 was $1.2M, down 38% year-over-year. A total of 30 assets were sold, representing a 233% growth compared to Quarter 2 last year. The median price per square foot was $1,075, a -15% YoY change. In Quarter 2, the median home sale price in Brooklyn was $835K.

Carroll Gardens Neighborhood Map

Carroll Gardens seems to have it all: tranquil but with plenty of nightlife. Hip bars and boutiques line the streets yet it's still hung on to its old-NYC charm. Tree-lined sidewalks pave the way to local retailers, tasty Italian restaurants and coffee shops galore. Transportation options include F and G subway trains as well as several express buses.

Carroll Gardens Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in Carroll Gardens

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Top most expensive neighborhoods in Brooklyn

Carroll Gardens median price compared with other neighborhoods in Brooklyn

Carroll Gardens property values are on the higher-end for neighborhoods in Brooklyn .




Carroll Gardens median price compared with all the neighborhoods in Brooklyn

Neighborhood Borough Median Sale Price
Vinegar Hill Brooklyn $1,675,000
Prospect - Lefferts Gardens Brooklyn $1,549,995
DUMBO Brooklyn $1,491,250
Manhattan Beach Brooklyn $1,400,000
Cobble Hill Brooklyn $1,385,000
Greenpoint Brooklyn $1,315,000
Carroll Gardens Brooklyn $1,219,000
Park Slope Brooklyn $1,185,000
Red Hook Brooklyn $1,117,709
Columbia Street Waterfront District Brooklyn $1,100,000
Brooklyn Heights Brooklyn $1,100,000
Prospect Heights Brooklyn $1,085,000
Williamsburg Brooklyn $1,075,000
Boerum Hill Brooklyn $1,050,000
Mill Basin Brooklyn $999,000
Gowanus Brooklyn $987,500
Fort Greene Brooklyn $960,000
Bedford-Stuyvesant Brooklyn $931,698
Greenwood Heights Brooklyn $920,000
Dyker Heights Brooklyn $905,000
Downtown Brooklyn Brooklyn $885,000
Borough Park Brooklyn $875,000
Madison Brooklyn $830,000
Windsor Terrace Brooklyn $825,000
Ditmas Park Brooklyn $813,000
Crown Heights Brooklyn $805,500
Sea Gate Brooklyn $755,000
Bushwick Brooklyn $739,000
Wingate Brooklyn $730,000
Clinton Hill Brooklyn $723,500
Marine Park Brooklyn $719,000
Georgetown Brooklyn $710,000
Bensonhurst Brooklyn $700,000
Flatbush Brooklyn $662,500
Bergen Beach Brooklyn $662,500
Gravesend Brooklyn $620,000
East Flatbush Brooklyn $605,000
Prospect Park South Brooklyn $599,000
Sunset Park Brooklyn $595,000
Flatlands Brooklyn $570,000
Midwood Brooklyn $565,119
Canarsie Brooklyn $553,175
Brownsville Brooklyn $550,000
Old Mill Basin Brooklyn $545,900
Kensington Brooklyn $540,000
Gerritsen Beach Brooklyn $490,000
Bay Ridge Brooklyn $480,000
East New York Brooklyn $470,000
Brighton Beach Brooklyn $452,250
Bath Beach Brooklyn $445,000
Ocean Hill Brooklyn $414,200
Coney Island Brooklyn $372,500
Sheepshead Bay Brooklyn $342,472
Homecrest Brooklyn $325,000

Residential Properties Sold in Carroll Gardens

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $1.1M -42% $1K -22% 20
Coops $1.1M 62% $1K 1190% 8
Houses $4.5M -9% $1K 2% 2

The median house sale price in Carroll Gardens in Quarter 2 was $4.5M, down 9% year-over-year. Condo prices in Carroll Gardens trended similarly, with the median condo price down 42% year-over-year to $1.1M. Median coop sale price in Carroll Gardens were $1.1M, a change of 62% year-over-year.

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Carroll Gardens Neighborhood Guide

Back in 1846 surveyor Richard Butts had a plan for Brooklyn's third-ever neighborhood - front yards that were 33.5 feet deep back to the houses. Thus was born Carroll Gardens. Named for an Irish immigrant named Charles Carroll, many of the first immigrants who planted those gardens were also Irish, but the neighborhood eventually became an Italian stronghold. The signature front yard gardens are still here and so is the Italian flavor, although the demographics have changed rapidly as Carroll Gardens lures in diverse young professional families. What has never changed is the small town atmosphere, protected by zoning laws that have restrained building heights over the years. This is a quiet commuter neighborhood, long on friendliness and short on pretension.

Architecture and landmarks

The residential architecture is almost as eye-catching as the well-tended gardens in the neighborhood, much of which has been designated a historic district. Two- and three-story brownstones predominate, in an array of Greek Revival and Italianate styles. The John Rankin House, which once stood alone in the center of a wealthy merchant's farmland in 1840, is probably the best of the bunch. There are many ecclesiastic Carroll Gardens landmarks including the multi-styled South Congregational Church complex, the Victorian Gothic St. Paul's Episcopal Church and St. Mary's Star of the Sea Church constructed entirely from stones and marble imported from Europe. The century-old Carroll Gardens Library on Clinton Street is considered the most beautiful of Brooklyn's libraries. It was built with industrialist Andrew Carnegie's money during a benevolent spending spree that resulted in over 2,500 libraries around the world.

Transport

The New York subway has two lines to Carroll Gardens: the F and G. They service mostly a working crowd and are dark on the weekend. Bus services run along Court, Smith and 9th Streets. Midtown Manhattan is a half-hour ride away.

Schools

The New York City Department of Education has made sure the families attracted to Carroll Gardens are not wanting for quality education. Public schools include zoned PS 32 Samuel Mills Sprole, with an emphasis on literacy writing and mathematics instruction; PS 58 The Carroll, known for its collaborative team teaching and after-school activities; and the Brooklyn New School, PS 146, with a hands-on approach to the standards-based curriculum.

Health

Open seven days a week, ProHEALTH Urgent Care on Court Street offers treatment for minor injuries and non-life threatening injuries for adults and children. No appointments required.

Safety

Carroll Gardens is part of the responsibility of the 76th Precinct. With a reported 14.39 crimes per 1,000 residents in 2015, the neighborhood is one of the safest in Northern Brooklyn.

Things to do

Although many of the houses in Carroll Gardens come equipped with a driveway, residents can easily get by without an automobile. There are retail choices for every pocketbook from artisanal boutiques to vintage shops to multi-generational merchants long accustomed to providing for their neighbors. The Carroll Gardens Greenmarket opposite Carroll Park, open every Sunday of the year, draws residents in with fresh, local produce from New York-area farms and frequent guest demonstrations.

Carroll Park, which began life as a private garden, offers ball yards and playgrounds and a spray shower in summer. The Friends of Carroll Park handle all the landscaping, organize the neighborhood Halloween parade and stage regular community events in the park such as movie nights. You can always get a game of bocce here, the outdoor bowling game of choice for the Italian community.

At night, restaurants along Court Street and Smith Street, many still Italian-influenced, are famous enough to bring outsiders to Carroll Gardens. Some are highly affordable, others reserved for special occasions. Meanwhile, the many neighborhood taverns cater to a local crowd of daters, sports fans or dive bar denizens. Movie fans will want to stop at Cammareri Brothers Bakery on 62nd Street, where Cher and Nicholas Cage fell in love during Moonstruck; the breads and pastries have been crafted from 100 percent semolina flour in brick ovens here for almost 100 years.