Market Overview for May, 2026
Median Sale Price
207.9% YoY
Median Price/Sqft
112.7% YoY
No. of Transactions
200% YoY
Brooklyn Median Sale Price
7% YoY
What is the median sale price and median price per sq ft in Red Hook?
As of May, the median home sale price in Red Hook was $1.8M, up 207.9% year-over-year.
A total of 3 properties traded, representing a 200% year-over-year increase.
The median price per square foot in May was $1,025, a 112.7% YoY change.
The median home sale price in Brooklyn was $915K.
Top most expensive neighborhoods in Brooklyn
Red Hook median price compared with other neighborhoods in Brooklyn
Red Hook property values are on the higher-end for neighborhoods in Brooklyn .
Red Hook median price compared with all the neighborhoods in Brooklyn
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| Carroll Gardens | Brooklyn | $2,419,000 |
| Red Hook | Brooklyn | $1,847,500 |
| DUMBO | Brooklyn | $1,792,500 |
| Fort Greene | Brooklyn | $1,627,500 |
| Park Slope | Brooklyn | $1,536,141 |
| Downtown Brooklyn | Brooklyn | $1,440,000 |
| Prospect Heights | Brooklyn | $1,375,000 |
| Cobble Hill | Brooklyn | $1,347,500 |
| Williamsburg | Brooklyn | $1,325,000 |
| Bedford-Stuyvesant | Brooklyn | $1,288,086 |
| Dyker Heights | Brooklyn | $1,225,000 |
| Boerum Hill | Brooklyn | $1,125,000 |
| Gowanus | Brooklyn | $1,080,000 |
| Borough Park | Brooklyn | $992,500 |
| Greenpoint | Brooklyn | $990,500 |
| Wingate | Brooklyn | $979,500 |
| Prospect - Lefferts Gardens | Brooklyn | $952,875 |
| Madison | Brooklyn | $940,000 |
| Mill Basin | Brooklyn | $907,500 |
| Clinton Hill | Brooklyn | $857,500 |
| Manhattan Beach | Brooklyn | $851,504 |
| Greenwood Heights | Brooklyn | $850,000 |
| Gravesend | Brooklyn | $824,500 |
| Sea Gate | Brooklyn | $822,500 |
| Bushwick | Brooklyn | $800,000 |
| Brooklyn Heights | Brooklyn | $756,000 |
| Marine Park | Brooklyn | $753,000 |
| Bath Beach | Brooklyn | $746,931 |
| Georgetown | Brooklyn | $718,250 |
| Bay Ridge | Brooklyn | $712,625 |
| Kensington | Brooklyn | $703,157 |
| Prospect Park South | Brooklyn | $702,000 |
| Windsor Terrace | Brooklyn | $675,000 |
| East Flatbush | Brooklyn | $585,000 |
| Ocean Hill | Brooklyn | $575,000 |
| Canarsie | Brooklyn | $565,000 |
| East New York | Brooklyn | $560,000 |
| Coney Island | Brooklyn | $480,000 |
| Ditmas Park | Brooklyn | $475,000 |
| Midwood | Brooklyn | $475,000 |
| Flatlands | Brooklyn | $455,000 |
| Sunset Park | Brooklyn | $452,500 |
| Crown Heights | Brooklyn | $450,000 |
| Brighton Beach | Brooklyn | $450,000 |
| Gerritsen Beach | Brooklyn | $435,850 |
| Flatbush | Brooklyn | $435,000 |
| Bensonhurst | Brooklyn | $365,000 |
| Sheepshead Bay | Brooklyn | $309,270 |
Residential Properties Sold in Red Hook
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $995K | 65.8% | $1K | 112% | 1 |
| Coops | - | - | - | - | 0 |
| Houses | $2.7M | - | $1K | - | 1 |
The median house sale price in Red Hook in May was relatively flat year-over-year at $2.7M. However, median condo prices in Red Hook trended up 65.8% year-over-year to $995K. There was no statistically significant data for median coop price activity for the period of May in Red Hook.
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Red Hook Neighborhood Guide
If they were building Red Hook from scratch today, given its location in Brooklyn off the southern tip of Manhattan Island and surrounded by water on three sides, it would probably become a resort community of some sort. Luckily for those who like their neighborhoods with a healthy dose of character, Red Hook grew up industrial. In the era before mechanized container ships, the Red Hook docks were the busiest in the world. Many of its earliest residents from the 1800s were sailors leaving the sea for a final time. Plenty of those Civil War-era warehouses and dry docks are still standing and they define the neighborhood. Some have been colonized by artists, and other gentrifying types are expected to follow. In the meantime, most Red Hook residents - more than 6,000 people - live in two public housing developments hard by the Gowanus Expressway, the Red Hook Houses.
Architecture and landmarks
You may have seen some of Red Hook's industrial architecture without knowing it as the empty warehouses have often been tapped for movie shoots. The Red Hook Grain Terminal, built in 1922 and abandoned for half a century, is the most prominent - 12 stories tall with 54 cement silos it is the tallest structure in the neighborhood. Lehigh Valley Railroad Barge 79 survives from a century ago when it shuttled cargo around New York Harbor; the barge is listed on the National Register of Historic Places and does duty today as the Waterfront Museum. Also docked off Red Hook is another floating landmark, the Mary A. Whalen, which carried oil along the East Coast from 1938 until 1994. For more traditional architecture spotting, check out The Visitation of the Blessed Virgin Mary on Richards Street, a Gothic confection from the 1870s.
Transport
There is no subway service that reaches Red Hook, and the nearest train stop is about a 20-minute walk or a ticket on the B-61 bus. When you make all your connections, you can reach Midtown in about 45 minutes. The only other bus to ply Red Hook streets is the B-57. The New York Water Taxi does have a port of call at the Ikea Dock at the foot of Beard Street. The Ikea Express Shuttle costs money, to deter commuters, but the fee is reimbursed at the Ikea checkout if you purchase something.
Schools
Public School 15 and Red Hook Neighborhood School handle students up through fifth grade. South Brooklyn Community High School on Conover Street educates older students.
Health
The Joseph P. Addabbo Family Health Center provides adult primary care and pediatrics services; it is part of the Joseph P Addabbo Family Health Centers network.
Safety
Red Hook is under the watch of the 76th Precinct of the New York Police Department. Over the last year the officers handled 12.53 crimes per 1,000 residents which places the neighborhood in the top 20 percent of the city's safest enclaves.
Things to do
Start with the best sunsets in New York City as Old Sol dips out of sight behind the Statue of Liberty - this is the only spot in the city that is in the lady's line of sight as she gazes back towards her birthplace in France. Valentino Pier is a popular spot to grab the view. In the summer, you can also catch a movie there during the Red Hook Flicks series.
The Red Hook Waterfront Arts Festival is another annual event held at the pier. Van Brunt Street is the place to browse the shops for local wares, and Ikea and Fairway Market are big box anchor attractions for residents. The Red Hook Recreation Area commands a large section of the southeast corner of the neighborhood with ballfields, playgrounds and space to spread out.
. Coffey Park has handball courts and basketball courts and lawns for barbecuing. The art community is served by exhibit spaces like Pioneer Works and events staged by the Brooklyn Waterfront Artists Coalition.