Brooklyn Real Estate Market
What are homes selling for in Brooklyn?
Home prices and trends
Choose your property type.Single-family median sale price
1,868 sales over 12 months
Quarterly trend
| Quarter | Median price | Sales |
|---|---|---|
| Q4 2025 | $920K | 471 |
| Q1 2026 | $976K | 447 |
| Q2 2026 | $980K | 451 |
| Q3 2026 | $990K | 499 |
Two-family median sale price
2,685 sales over 12 months
Quarterly trend
| Quarter | Median price | Sales |
|---|---|---|
| Q4 2025 | $1.2M | 668 |
| Q1 2026 | $1.2M | 662 |
| Q2 2026 | $1.2M | 634 |
| Q3 2026 | $1.4M | 721 |
Three-family median sale price
881 sales over 12 months
Quarterly trend
| Quarter | Median price | Sales |
|---|---|---|
| Q4 2025 | $1.5M | 228 |
| Q1 2026 | $1.4M | 214 |
| Q2 2026 | $1.8M | 194 |
| Q3 2026 | $1.7M | 245 |
Condos median sale price
3,394 sales over 12 months
Quarterly trend
| Quarter | Median price | Sales |
|---|---|---|
| Q4 2025 | $999K | 806 |
| Q1 2026 | $1.1M | 736 |
| Q2 2026 | $1.2M | 916 |
| Q3 2026 | $1.2M | 936 |
Co-ops median sale price
1,988 sales over 12 months
Quarterly trend
| Quarter | Median price | Sales |
|---|---|---|
| Q4 2025 | $440K | 427 |
| Q1 2026 | $445K | 459 |
| Q2 2026 | $435K | 498 |
| Q3 2026 | $499K | 604 |
How we calculated these figures
NYC Department of Finance rolling and annualized sales records. Current period: October 2025 – September 2026. Prior-year comparison: October 2024 – September 2025. Figures include qualifying residential sales above $10,000 after bulk-transfer screening. Updated November 2026.
12,031 qualifying sales · $580 median per sq. ft.
NYC Department of Finance sales records →Neighborhood rankings
Median prices for neighborhoods with at least 10 sales of the selected property type.
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Busiest closing months
Sales mix by property type
| Property type | Sales | Share |
|---|---|---|
| Condominiums | 3,394 | 28.2% |
| Two-family homes | 2,685 | 22.3% |
| Co-op apartments | 1,988 | 16.5% |
| Single-family homes | 1,868 | 15.5% |
| Other residential | 1,215 | 10.1% |
| Three-family homes | 881 | 7.3% |
Questions about selling in Brooklyn
What is the median home price in Brooklyn?
For October 2025 – September 2026, Brooklyn recorded 12,031 qualifying residential sales. Median prices by property type were co-op apartments at $450,000, single-family homes at $975,000, condominiums at $1,125,000, two-family homes at $1,255,000, three-family homes at $1,600,000.
What is the Brooklyn real estate market like right now?
Brooklyn recorded 12,031 sales during October 2025 – September 2026. Closing volume reached at least 110% of the monthly average in June, July, and August. Among neighborhoods with at least 20 single-family sales in each period, Ocean Parkway had the largest increase in median price (+27.9%).
When is the best time to sell a home in Brooklyn?
Closing volume reached at least 110% of the monthly average in June, July, and August. Allowing three months from listing to closing points to March, April, and May as potential listing months.
What are the most expensive neighborhoods in Brooklyn?
The highest single-family medians among neighborhoods with at least 10 sales were Brooklyn Heights ($7,260,000), Carroll Gardens ($5,997,500), and Park Slope ($4,850,000).
What are the most affordable neighborhoods in Brooklyn?
The lowest single-family medians among neighborhoods with at least 10 sales were Brownsville ($603,500), East New York ($623,362), and Canarsie ($657,500).
How long does it take to sell a home in Brooklyn?
My personal seller transactions across NYC close in an average of 24 days on market at 102.8% of list price. Across 261 seller transactions totaling over $216M in sold volume, 96.1% of my listings have closed successfully. Time on market for any specific home depends on price positioning, condition, marketing, and the specific submarket — book a strategy call to discuss what to expect for your property.
Brooklyn at a glance
Brooklyn is New York City's most populous borough, home to roughly 2.6 million residents across 50 published residential neighborhoods. It occupies the western end of Long Island, bordered by Queens to the north and east, the Atlantic Ocean to the south, and New York Harbor to the west, with the Verrazzano-Narrows Bridge connecting it to Staten Island. The Brooklyn Bridge, Manhattan Bridge, and Williamsburg Bridge link the borough to Manhattan. Brooklyn has the most varied housing stock of any New York City borough, with substantial inventories across every property type — co-ops, condos, single-family detached, two- and three-family townhouses, and converted brownstones. Major institutions include Prospect Park, the Brooklyn Museum, the Brooklyn Academy of Music, Brooklyn Bridge Park, Barclays Center, and the Coney Island boardwalk.
Brooklyn's residential character varies dramatically across neighborhoods. Historic brownstone districts — Brooklyn Heights, Cobble Hill, Carroll Gardens, Park Slope, Fort Greene, and Boerum Hill — are dominated by 19th-century two- to four-family townhouses and remain among the most expensive submarkets in the city. The condominium market is concentrated in newer construction along the East River waterfront in Williamsburg, Greenpoint, DUMBO, and Downtown Brooklyn. Single-family detached housing is most common in southern Brooklyn: Mill Basin, Manhattan Beach, Bergen Beach, Marine Park, and Gerritsen Beach. Two- and three-family row houses serve as the predominant housing in Bedford-Stuyvesant, Crown Heights, Bushwick, and East New York. Co-op buildings are clustered in Bay Ridge, Brighton Beach, Sheepshead Bay, and along Ocean Parkway.