HomeBrooklyn Market Report
BROOKLYN MARKET REPORT · LAST UPDATED MAY 2026

The Brooklyn Real Estate Market

Median home prices, current trends, and complete neighborhood data for all 50 Brooklyn neighborhoods. Based on 11,955 recorded sales from April 2025 – March 2026, sourced directly from NYC Department of Finance public records.

LATEST MARKET UPDATE

Latest Brooklyn Market Update

A short video walk-through of what's moving in the Brooklyn market right now.

See all market updates →

MARKET DATA

Home Prices in Brooklyn

Median sale prices by property type from NYC Department of Finance records. Brooklyn sees a mix of co-op, single-family, condo, and multifamily transactions — the median sale price varies significantly by type, so blending them together gives a misleading picture.

Co-op Apartments
$460K
Median · 1,977 sales
Single-Family Homes
$950K
Median · 1,866 sales
Condominiums
$1.1M
Median · 3,334 sales
Two-Family Homes
$1.2M
Median · 2,683 sales
Three-Family Homes
$1.5M
Median · 937 sales
Total Residential Sales
11,955
12 months
Median Price per Sq Ft
$569
All residential types

Quarterly Price Trends

Median sale price by property type, last four quarters. Price-change arrows compare each quarter to the prior quarter.

Co-op Apartments
2025Q2
$460K
527 sales
2025Q3
$490K▲ 6.5%
571 sales
2025Q4
$430K▼ 12.2%
431 sales
2026Q1
$450K▲ 4.7%
448 sales
Single-Family Homes
2025Q2
$889K
473 sales
2025Q3
$980K▲ 10.2%
496 sales
2025Q4
$915K▼ 6.6%
475 sales
2026Q1
$988K▲ 7.9%
422 sales
Condominiums
2025Q2
$999K
854 sales
2025Q3
$1.1M▲ 10.1%
998 sales
2025Q4
$999K▼ 9.2%
805 sales
2026Q1
$1.2M▲ 17.6%
677 sales
Two-Family Homes
2025Q2
$1.2M
680 sales
2025Q3
$1.3M▲ 5.0%
731 sales
2025Q4
$1.2M▼ 6.7%
686 sales
2026Q1
$1.3M▲ 8.9%
586 sales
Three-Family Homes
2025Q2
$1.5M
244 sales
2025Q3
$1.6M▲ 4.5%
266 sales
2025Q4
$1.5M▼ 3.3%
230 sales
2026Q1
$1.4M▼ 6.2%
197 sales

Why This Data Is More Complete

The numbers on this page come from NYC Department of Finance public records — every legally recorded property sale in Brooklyn, not just MLS-listed transactions. Sites like Zillow and StreetEasy only capture listings that go through their platforms, missing FSBO sales, off-market deals, and transfers that never hit the MLS. This dataset includes all of them.

We also remove bulk portfolio transfers, nominal sales, and non-arms-length transactions that would distort median prices — cleaning that most data sources don't do. The result is a more accurate picture of what individual homes are actually selling for in your market.

Data source: NYC Department of Finance. Current 12 months (April 2025 – March 2026) from the rolling sales file; prior-year comparison period (April 2024 – March 2025) from the annualized sales files. Excludes $0 transfers, nominal sales, non-arms-length transactions, and bulk portfolio transfers. Last updated: May 2026.

SEASONALITY

Best Time to Sell in Brooklyn

Monthly closing volume across the borough over the past 12 months. Peak closing months are highlighted (≥110% of average monthly volume).

Apr 2025
974
May 2025
1024
Jun 2025
1081
Jul 2025
1129
Aug 2025
1134
Sep 2025
1070
Oct 2025
981
Nov 2025
888
Dec 2025
1063
Jan 2026
916
Feb 2026
859
Mar 2026
836

Takeaway for Brooklyn Sellers

Closing volume in Brooklyn peaks in July and August. Since the typical sale takes 3 months from listing to closing, you should be listing approximately 3 months before these peak windows — typically in April and May — to hit the optimal closing window.

Schedule a free strategy call → to discuss the right listing date for your specific property.

HOUSING MIX

What's For Sale in Brooklyn

Distribution of recorded sales by property type, last 12 months.

28%
22%
17%
16%
10%
8%
Condominiums · 27.9% (3,334 sales)
Two-Family Homes · 22.4% (2,683 sales)
Co-op Apartments · 16.5% (1,977 sales)
Single-Family Homes · 15.6% (1,866 sales)
Other Residential · 9.7% (1,158 sales)
Three-Family Homes · 7.8% (937 sales)

What This Means for Sellers

Brooklyn has the most diverse housing mix of any New York City borough — no single property type dominates, and meaningful submarkets exist across condos, co-ops, single-family detached, and two- and three-family townhouses. For sellers, this means pricing strategy is almost entirely neighborhood-specific. A Park Slope brownstone competes in a fundamentally different market than a Mill Basin detached single-family or a Williamsburg waterfront condo, even though all three sit within the same borough.

RANKINGS

Brooklyn Neighborhood Rankings

Most Expensive Neighborhoods — Top 10

By median sale price. Includes only neighborhoods with 10+ recorded sales of the selected property type in the past 12 months.

1
$6.5M
11 sales
2
$5.3M
11 sales
3
$5.2M
21 sales
4
$2.8M
10 sales
5
$2.4M
15 sales
6
$2.2M
13 sales
7
$2.1M
28 sales
8
$2.0M
93 sales
9
$1.9M
26 sales
10
$1.8M
57 sales
1
$1.2M
12 sales
2
$1.2M
18 sales
3
$995,000
184 sales
4
$955,000
73 sales
5
$830,000
175 sales
6
$825,000
93 sales
7
$820,000
46 sales
8
$725,000
37 sales
9
$660,514
42 sales
10
$547,500
20 sales
1
$2.9M
59 sales
2
$1.9M
63 sales
3
$1.9M
151 sales
4
$1.8M
64 sales
5
$1.8M
162 sales
6
$1.7M
54 sales
7
$1.6M
215 sales
8
$1.5M
60 sales
9
$1.5M
344 sales
10
$1.5M
98 sales
1
$7.6M
10 sales
2
$4.7M
10 sales
3
$3.8M
45 sales
4
$3.3M
22 sales
5
$3.2M
13 sales
6
$2.9M
15 sales
7
$2.7M
17 sales
8
$2.7M
33 sales
9
$2.7M
17 sales
10
$2.4M
17 sales

Most Affordable Neighborhoods — Top 10

By median sale price. Same 10+ sales threshold.

1
$549,000
11 sales
2
$599,000
47 sales
3
$639,000
18 sales
4
$645,675
78 sales
5
$647,500
75 sales
6
$670,000
41 sales
7
$690,000
60 sales
8
$703,500
36 sales
9
$715,000
190 sales
10
$742,500
30 sales
1
$40,000
10 sales
2
$225,000
29 sales
3
$246,200
16 sales
4
$251,000
20 sales
5
$257,000
48 sales
6
$284,200
137 sales
7
$295,500
28 sales
8
$327,500
22 sales
9
$337,500
56 sales
10
$337,500
60 sales
1
$355,000
21 sales
2
$382,632
32 sales
3
$548,000
29 sales
4
$590,000
18 sales
5
$600,000
14 sales
6
$605,000
35 sales
7
$605,000
22 sales
8
$625,612
96 sales
9
$640,000
71 sales
10
$650,000
94 sales
1
$715,000
31 sales
2
$782,500
36 sales
3
$799,000
41 sales
4
$800,900
112 sales
5
$810,000
18 sales
6
$810,000
209 sales
7
$835,000
79 sales
8
$845,000
184 sales
9
$940,000
89 sales
10
$948,000
51 sales

Fastest-Growing & Declining Single-Family Markets

Year-over-year change in median single-family sale price (April 2025 – March 2026 vs April 2024 – March 2025). Includes only neighborhoods with 20+ single-family sales in both periods. Single-family-only because it produces the cleanest apples-to-apples comparison — co-op trends are distorted by which buildings happened to list, and condo trends are distorted by new-construction mix.

Top 5 Gainers

1
▲ +26.3%
44 sales
2
▲ +25.0%
57 sales
3
▲ +23.6%
26 sales
4
▲ +18.7%
93 sales
5
▲ +16.0%
30 sales

Top 5 Decliners

1
▼ -17.4%
91 sales
2
▼ -14.3%
31 sales
3
▼ -5.8%
60 sales
4
▼ -1.3%
36 sales
ALL NEIGHBORHOODS

All Brooklyn Neighborhoods

Every published Brooklyn neighborhood, with median sale price by property type and year-over-year single-family trend. Click any column header to sort. Click a neighborhood name for the full market report.

Neighborhood ▲▼ Sales (12-mo) ▲▼ Single-Family ▲▼ Co-op ▲▼ Condo ▲▼ 2-Family ▲▼ 12-Mo SF Trend ▲▼
Bath Beach 166 $985,000 $327,500 $548,000 $1.2M
Bay Ridge 488 $1.3M $350,000 $855,525 $1.4M ▲ 1.6%
Bedford-Stuyvesant 668 $1.6M $40,000 $925,000 $1.8M ▲ 0.0%
Bensonhurst 289 $1.2M $375,750 $723,800 $1.4M ▲ 9.1%
Bergen Beach 84 $853,500 $590,000 $1.0M ▲ 6.8%
Boerum Hill 239 $5.3M $1.2M $1.8M $3.3M
Borough Park 524 $1.8M $547,500 $891,920 $1.8M ▲ 25.0%
Brighton Beach 182 $549,000 $337,500 $720,000 $810,000
Brooklyn Heights 269 $6.5M $830,000 $2.9M $7.6M
Brownsville 111 $599,000 $715,000 ▲ 5.0%
Bushwick 320 $980,000 $499,000 $750,000 $1.2M
Canarsie 368 $647,500 $382,632 $810,000 ▲ 1.3%
Carroll Gardens 137 $6.6M $1.2M $1.9M $2.9M
Clinton Hill 247 $4.2M $825,000 $1.3M $2.4M
Cobble Hill 142 $3.0M $725,000 $1.7M $4.7M
Coney Island 116 $639,000 $360,000 $600,000
Crown Heights 375 $1.9M $455,000 $1.2M $1.5M ▲ 23.6%
Cypress Hills 141 $703,500 $835,000 ▼ 1.3%
Downtown Brooklyn 307 $515,000 $1.6M
Dyker Heights 163 $1.3M $717,256 $1.4M ▲ 8.9%
East Flatbush 401 $715,000 $257,000 $800,900 ▲ 1.4%
East New York 409 $645,675 $355,000 $845,000 ▲ 12.3%
East Williamsburg 294 $3.1M $459,000 $1.3M $2.4M
Flatbush 493 $1.1M $505,000 $650,000 $940,000 ▲ 1.8%
Flatlands 87 $742,500 $246,200 $782,500 ▲ 16.0%
Fort Greene 153 $3.9M $660,514 $1.5M $2.7M
Gerritsen Beach 61 $670,000 $650,000 ▲ 7.3%
Gowanus 81 $4.5M $1.1M $1.8M
Gravesend 358 $899,500 $365,000 $651,500 $1.2M ▼ 5.8%
Greenpoint 288 $2.8M $779,000 $1.4M $2.2M
Kensington 85 $1.2M $530,750 $875,000 $1.8M
Madison 204 $999,000 $295,500 $605,000 $1.4M ▼ 17.4%
Manhattan Beach 55 $1.5M $511,926 $1.4M ▼ 14.3%
Marine Park 232 $819,000 $225,000 $575,000 $948,000 ▲ 4.7%
Midwood 225 $1.3M $337,500 $660,000 $1.4M ▲ 1.9%
Mill Basin 61 $1.2M $1.2M ▲ 26.3%
Ocean Hill 149 $1.2M $605,000 $1.1M
Ocean Parkway 507 $2.0M $357,500 $625,612 $1.5M ▲ 18.7%
Old Mill Basin 131 $690,000 $251,000 $799,000 ▲ 4.9%
Park Slope 481 $5.2M $995,000 $1.9M $3.8M
Park Slope South 168 $2.2M $885,000 $1.5M $2.7M
Prospect Heights 179 $3.0M $955,000 $1.8M $3.2M
Prospect Lefferts Gardens 110 $2.1M $435,000 $935,000 $1.7M ▲ 8.0%
Red Hook 31 $2.7M $1.2M $1.9M
Seagate 25 $905,635 $855,000
Sheepshead Bay 389 $880,000 $284,200 $640,000 $999,000 ▲ 2.8%
Sunset Park 313 $1.4M $525,000 $738,231 $1.5M
Williamsburg 453 $2.9M $503,750 $1.5M $2.7M
Windsor Terrace 123 $2.4M $820,000 $999,000 $1.8M
Wyckoff Heights 53 $932,500 $1.4M
COMMON QUESTIONS

Brooklyn Real Estate FAQ

Median home prices in Brooklyn vary significantly by property type. Based on 11,955 recorded residential sales from April 2025 – March 2026: Co-op Apartments at $460,000 (1,977 sales); Single-Family Homes at $950,000 (1,866 sales); Condominiums at $1.1M (3,334 sales); Two-Family Homes at $1.2M (2,683 sales); Three-Family Homes at $1.5M (937 sales). Borough-wide blended medians can be misleading because the mix of property types varies enormously by neighborhood — most homeowners are better served by looking at their specific neighborhood and property type.

The Brooklyn market recorded 11,955 residential sales in the most recent 12-month window (April 2025 – March 2026). Closing volume peaks in July and August. Mill Basin led Brooklyn with a +26.3% year-over-year change in single-family median price. Different submarkets within Brooklyn are moving at very different rates — neighborhood-level data is more useful than borough-wide averages for understanding what is happening in your specific market.

Closing volume in Brooklyn peaks in July and August. Since the typical NYC sale takes 3 months from listing to closing, sellers should generally list about 3 months before the peak closing months. The right listing date varies by property type, condition, and specific neighborhood — book a strategy call for guidance specific to your home.

Among Brooklyn neighborhoods with at least 10 single-family sales in the past 12 months, the three most expensive by median single-family price are: Brooklyn Heights ($6.5M), Boerum Hill ($5.3M), Park Slope ($5.2M). The full ranking by property type appears in the rankings section above.

Among Brooklyn neighborhoods with at least 10 single-family sales in the past 12 months, the three most affordable by median single-family price are: Brighton Beach ($549,000), Brownsville ($599,000), Coney Island ($639,000). The full ranking by property type appears in the rankings section above.

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.

BOROUGH PROFILE

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.

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