Mill Basin Housing Market Trends

Market Overview for Q2 2026

$1M -20.2% Y-o-Y -$262K Y-o-Y
$495 -8.5% Y-o-Y -$45 Y-o-Y
18 80% Y-o-Y 8 Y-o-Y
$1.2M 4% Y-o-Y $50K Y-o-Y
Mill Basin Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $990,000 $1,190,000 $950,000 $992,500
2023 $990,000 $979,175 $950,000 $990,000
2024 $972,500 $950,000 $982,500 $994,000
2025 $1,325,000 $1,300,000 $1,390,000 $1,185,000
2026 $1,225,000 $1,037,499
Mill Basin Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $466 $479 $441 $439
2023 $354 $512 $511 $505
2024 $502 $484 $504 $463
2025 $539 $541 $552 $535
2026 $542 $495
Real Estate Transactions in Mill Basin
Year Q1 Q2 Q3 Q4
2022 25 23 17 18
2023 9 20 17 15
2024 8 13 14 15
2025 13 10 16 15
2026 12 18
Brooklyn Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $781,000 $790,000 $780,000 $750,000
2023 $739,500 $770,000 $770,000 $750,000
2024 $750,000 $800,000 $800,000 $790,000
2025 $802,995 $830,000 $840,000 $825,000
2026 $840,000 $860,000
Mill Basin Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $990,000 $1,190,000 $950,000 $992,500
2023 $990,000 $979,175 $950,000 $990,000
2024 $972,500 $950,000 $982,500 $994,000
2025 $1,325,000 $1,300,000 $1,390,000 $1,185,000
2026 $1,225,000 $1,037,499
Mill Basin Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $466 $479 $441 $439
2023 $354 $512 $511 $505
2024 $502 $484 $504 $463
2025 $539 $541 $552 $535
2026 $542 $495
Real Estate Transactions in Mill Basin
Year Q1 Q2 Q3 Q4
2022 25 23 17 18
2023 9 20 17 15
2024 8 13 14 15
2025 13 10 16 15
2026 12 18
Brooklyn Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $781,000 $790,000 $780,000 $750,000
2023 $739,500 $770,000 $770,000 $750,000
2024 $750,000 $800,000 $800,000 $790,000
2025 $802,995 $830,000 $840,000 $825,000
2026 $840,000 $860,000

Mill Basin Housing Stock

Property Type
Units
Single Family
1,274
2-4 Family
664
Co-op
1
Townhouse
10

Condo and co-op unit counts only include individually owned units. Commercially owned, multifamily-style units are not included.

Neighborhood Risk Trends

Property Type
Buildings in Flood Zone
Buildings in Hurricane Evacuation Zone
Total No. of Buildings

Mill Basin: Demographics

Total population
4,816
Median age
43
No high school education
5.0%
Some high school/college
31.5%
Bachelor's degree
21.5%
Average household income
$129,201
Occupied housing units
1,725
Owner-occupied units
68.3%
Renter-occupied units
31.7%
Median year structure built
1952

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Median Sale Price

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City
Median Sale Price Q2 2026