Housing Prices in Central Brooklyn, NY

How much do homes in Central Brooklyn, NY cost?

Median List Price

$951,399

$699/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$72,394(+8.2%)

Key Takeaway

The list price of homes in Central Brooklyn has increased by 8.2% since last year.

Summary: The median home list price in Central Brooklyn was $951,399 in October 2024, up 8.2% from the previous year, and the median price per square foot was $699.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $525K$499K
-5.0%
2 $776.6K$799K
+2.9%
3 $825K$850K
+3.0%
4 $1.2M$1.2M
-3.7%
5+ $1.5M$1.6M
+6.1%

Summary: Central Brooklyn housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 6.1%.

Median List Price Compared To Nearby Neighborhoods

Prospect Lefferts Gardens
+48.4%
Central Brooklyn
+8.2%
Crown Heights
+3.7%
Wingate
-0.6%

Housing Supply in Central Brooklyn, NY

How many homes are available in Central Brooklyn, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
918905-1.4%

Summary: The Central Brooklyn real estate market had 905 homes for sale in October 2024, a 1.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 173147
-15.0%
2 178170
-4.5%
3 131134
+2.3%
4 9088
-2.2%
5+ 346366
+5.8%

Summary: The Central Brooklyn housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 5.8%.

Days on Market for Central Brooklyn, NY

How long does it take to sell a home in Central Brooklyn, NY?

Average Listing Age

Oct 2023Oct 2024CHANGE
361 Days240 Days-33.5%

Summary: Homes in Central Brooklyn had an average listing age of 240 days in Oct 2024, down by 33.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Central Brooklyn, NY

Nearby Markets to Central Brooklyn, NY