Market Overview for March, 2026
Median Sale Price
-8.3% YoY
Median Price/Sqft
-24.3% YoY
No. of Transactions
50% YoY
Brooklyn Median Sale Price
7% YoY
What is the median sale price and median price per sq ft in Mill Basin?
The median home sale price in Mill Basin as of March was $1.6M, down 8.3% year-over-year.
A total of 3 assets were sold, representing a 50% growth compared to March last year.
The median price per square foot was $446, a -24.3% YoY change.
In March, the median home sale price in Brooklyn was $879K.
Sales information for last month cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top most expensive neighborhoods in Brooklyn
Mill Basin median price compared with other neighborhoods in Brooklyn
Mill Basin property values are on the higher-end for neighborhoods in Brooklyn .
Mill Basin median price compared with all the neighborhoods in Brooklyn
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| DUMBO | Brooklyn | $2,280,000 |
| Carroll Gardens | Brooklyn | $2,100,000 |
| Greenpoint | Brooklyn | $1,910,000 |
| Fort Greene | Brooklyn | $1,850,000 |
| Prospect Park South | Brooklyn | $1,700,000 |
| Madison | Brooklyn | $1,675,000 |
| Mill Basin | Brooklyn | $1,625,000 |
| Park Slope | Brooklyn | $1,450,000 |
| Borough Park | Brooklyn | $1,370,000 |
| Bedford-Stuyvesant | Brooklyn | $1,349,181 |
| Boerum Hill | Brooklyn | $1,200,000 |
| Gowanus | Brooklyn | $1,162,500 |
| Williamsburg | Brooklyn | $1,162,500 |
| Prospect Heights | Brooklyn | $1,150,000 |
| Crown Heights | Brooklyn | $1,125,000 |
| Clinton Hill | Brooklyn | $1,100,000 |
| Brooklyn Heights | Brooklyn | $1,064,500 |
| Dyker Heights | Brooklyn | $1,016,213 |
| Downtown Brooklyn | Brooklyn | $970,944 |
| Marine Park | Brooklyn | $890,000 |
| Prospect - Lefferts Gardens | Brooklyn | $883,054 |
| Bergen Beach | Brooklyn | $849,999 |
| Bushwick | Brooklyn | $845,000 |
| Gravesend | Brooklyn | $835,000 |
| Cobble Hill | Brooklyn | $790,000 |
| Homecrest | Brooklyn | $705,000 |
| Windsor Terrace | Brooklyn | $698,887 |
| Flatlands | Brooklyn | $682,500 |
| Bensonhurst | Brooklyn | $680,000 |
| Brownsville | Brooklyn | $680,000 |
| East Flatbush | Brooklyn | $640,000 |
| East New York | Brooklyn | $619,500 |
| Midwood | Brooklyn | $600,000 |
| Kensington | Brooklyn | $550,000 |
| Brighton Beach | Brooklyn | $540,000 |
| Sunset Park | Brooklyn | $539,973 |
| Ditmas Park | Brooklyn | $477,500 |
| Gerritsen Beach | Brooklyn | $465,000 |
| Canarsie | Brooklyn | $440,000 |
| Coney Island | Brooklyn | $430,000 |
| Sheepshead Bay | Brooklyn | $403,247 |
| Bay Ridge | Brooklyn | $375,000 |
| Bath Beach | Brooklyn | $302,500 |
| Flatbush | Brooklyn | $220,000 |
Residential Properties Sold in Mill Basin
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | - | - | - | - | 0 |
| Coops | - | - | - | - | 0 |
| Houses | $1.6M | -8.3% | $446 | -24.3% | 3 |
The median house sale price in Mill Basin in March was $1.6M, down 8.3% year-over-year. There was no statistically significant data for median condo price and median coop price activity for the period of March in Mill Basin.
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Mill Basin Neighborhood Guide
The bucolic Mill Basin name comes from a real grist mill built by Dutch settlers in the early 1600s powered by the tide rolling into Jamaica Bay. When the marshes were eventually filled in it was for industrial use in the early 1900s - mostly for lead manufacturing. Residential development arrived after World War II, in the form of brick bungalows that attracted Jewish and Italian families looking to trade in attached multi-family living space for flower gardens, backyard sheds and driveways to park the station wagon. Mill Basin remains mostly the same today, a place where residents look out towards the water for neighborhood identity, not back towards the skyscrapers of Manhattan.
Architecture and landmarks
Save for a band of land five streets wide, Mill Basin is surrounded by water and many of those waterfront lots have been the site of tear-downs with increasingly competitive McMansion rebuilding taking place. You can hear the terms "castle" and "Miami" bandied about in the neighborhood. The result is a survey of modern architecture on the streets of Mill Basin. The mid-20th century Capes and bungalows and split levels are still here as well and one wonders what they must think of the eccentricities of their new neighbors. Institutional architecture of note includes the Beaux Arts stylings of P.S. 236 on Avenue U and the Neoclassical interior of Temple Shalom on East 68th Street. Industrial archaeologists can enjoy Mill Basin as well - some of those ruins from the lead smelting plants are still standing.
Transport
The driveways in Mill Basin are not just for show - the ten-mile drive to Manhattan is the most convenient option for many residents. The nearest subway line - the B Train - is over a mile away on Kings Highway. The BM 1 express bus requires over an hour to reach Midtown. A handful of city buses shuttle between Mill Basin and surrounding neighborhoods.
Schools
Mill Basin is the home of two high-performing elementary schools: P.S. 236 and P.S. 312. Those students funnel into Intermediate School 78 which is always highly ranked in reading and math skills. Secondary school students must leave the neighborhood to pursue public education; several specialty programs in Brooklyn high schools are available, including several at South Shore High School in Canarsie.
Health
Mount Sinai Brooklyn is the nearest full-service hospital, several miles away. Internal Medicine Doctors of Mill Basin & Bergen Beach on Mill Lane offers urgent care and walk-in clinical services in the neighborhood.
Safety
The welfare of Mill Basin residents is the responsibility of the 63rd Precinct, which reports 10.88 crimes per 1,000 residents in the course of a year, making this one of New York City's safest havens for living.
Things to do
You won't be partying down at night in Mill Basin but there are movies for a night out and dining options tied to the neighborhood's roots. The King's Plaza Shopping Center provides easy access to modern amenities. Landi's Pork Store bills itself as "The Sausage King" and has earned that right by dishing out its fresh homemade Italian sausages and pastas since 1928.
The Mill Basin Deli on T Street is a classic Jewish kosher eatery started in the early 1970s and doubles as an art gallery where works by such heavyweights as Roy Lichtenstein and Marc Chagall hang. Every summer for the past 25 years Mill Basin looks forward to Dolly's Ices re-opening for refreshments to beat the heat.
Even for those without a private dock, boating and water activities play a prominent role in Mill Basin leisure; the Bergen Beach Yacht Club has been renting out slips since 1901. Alex Lindower Park in the center of Mill Basin offers playgrounds, ballfields and ball courts.