Market Overview for Quarter 1, 2023
Median Sale Price
-6.7% YoY
Median Price/Sqft
-22.1% YoY
No. of Transactions
-50.9% YoY
Brooklyn Median Sale Price
-5% YoY
What is the median sale price and median price per sq ft in Coney Island?
Top most expensive neighborhoods in Brooklyn
Coney Island median price compared with other neighborhoods in Brooklyn
Property values in Coney Island are lower compared to the borough of Coney Island overall.
Coney Island 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 - Lefferts Gardens | Brooklyn | $675,000 |
| Prospect Park South | 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 Coney Island
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $561K | -9.1% | $723 | 12% | 2 |
| Coops | $385K | -6.1% | $411 | -4.5% | 18 |
| Houses | $585K | -3.9% | $377 | -3.1% | 6 |
The median house sale price in Coney Island in Quarter 1 was $585K, down 3.9% year-over-year. Condo and coop prices in Coney Island trended similarly, with a median condo price of $561K, down 9.1% year-over-year, and the median coop sale price down -6.1 % year-over-year to $385K.
See also
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