Homecrest Real Estate Market Trends

Market Overview for Quarter 4, 2020


Median Sale Price

$418K

-44% YoY


Median Price/Sqft

$621

-7% YoY


No. of Transactions

22

29% YoY

Brooklyn Median Sale Price

$777K

14% YoY

The median home sale price in Homecrest as of Quarter 4 was $418K, down 44% year-over-year. A total of 22 assets were sold, representing a 29% growth compared to Quarter 4 last year. The median price per square foot was $621, a -7% YoY change. In Quarter 4, the median home sale price in Brooklyn was $777K.

Homecrest Neighborhood Map

Some consider it a part of Sheepshead Bay but Homecrest is its own community. In the early 2000s new condos were built and 2-story homes were renovated into mansions. There are one-story bungalow homes, one-story brick houses, and many residents in the area share backyards and driveways with their neighbors. Public transit includes subway and bus.

Homecrest Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in Homecrest

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Top most expensive neighborhoods in Brooklyn

Homecrest median price compared with other neighborhoods in Brooklyn

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




Homecrest median price compared with all the neighborhoods in Brooklyn

Neighborhood Borough Median Sale Price
Fiske Terrace Brooklyn $2,295,000
DUMBO Brooklyn $1,485,000
Manhattan Beach Brooklyn $1,475,000
Vinegar Hill Brooklyn $1,470,000
Carroll Gardens Brooklyn $1,373,000
Boerum Hill Brooklyn $1,345,356
Columbia Street Waterfront District Brooklyn $1,217,500
Mill Basin Brooklyn $1,170,000
Red Hook Brooklyn $1,102,065
Park Slope Brooklyn $1,100,000
Greenwood Heights Brooklyn $1,047,500
Brooklyn Heights Brooklyn $999,000
Williamsburg Brooklyn $985,000
Greenpoint Brooklyn $970,000
Cobble Hill Brooklyn $939,000
Dyker Heights Brooklyn $899,500
Bedford-Stuyvesant Brooklyn $890,000
Borough Park Brooklyn $882,500
Prospect Heights Brooklyn $860,750
Clinton Hill Brooklyn $835,000
Fort Greene Brooklyn $798,755
Windsor Terrace Brooklyn $780,000
Ocean Hill Brooklyn $772,500
Bergen Beach Brooklyn $765,000
Bushwick Brooklyn $765,000
Prospect Park South Brooklyn $760,000
Madison Brooklyn $760,000
Gowanus Brooklyn $751,798
Ditmas Park Brooklyn $710,000
Downtown Brooklyn Brooklyn $705,000
Marine Park Brooklyn $700,000
Crown Heights Brooklyn $700,000
Sea Gate Brooklyn $681,209
Prospect - Lefferts Gardens Brooklyn $677,750
Bensonhurst Brooklyn $665,999
Midwood Brooklyn $655,000
Gravesend Brooklyn $617,499
Flatbush Brooklyn $614,500
Georgetown Brooklyn $607,500
Old Mill Basin Brooklyn $600,000
Flatlands Brooklyn $572,500
East Flatbush Brooklyn $570,000
Gerritsen Beach Brooklyn $565,000
Wingate Brooklyn $561,699
East New York Brooklyn $537,500
Bay Ridge Brooklyn $527,199
Kensington Brooklyn $499,000
Canarsie Brooklyn $473,792
Sunset Park Brooklyn $470,000
Coney Island Brooklyn $462,500
Brownsville Brooklyn $440,000
Brighton Beach Brooklyn $440,000
Bath Beach Brooklyn $430,000
Homecrest Brooklyn $418,500
Sheepshead Bay Brooklyn $405,600

Residential Properties Sold in Homecrest

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $549K -27% $634 -4% 6
Coops $230K -17% $428 - 11
Houses $975K -4% $593 -14% 5

The median house sale price in Homecrest in Quarter 4 was $975K, down 4% year-over-year. Condo and coop prices in Homecrest trended similarly, with a median condo price of $549K, down 27% year-over-year, and the median coop sale price down -17 % year-over-year to $230K.

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