Housing Prices in Eastern Brooklyn, NY

How much do homes in Eastern Brooklyn, NY cost?

Median List Price

$793,293

$419/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$43,059(+5.7%)

Key Takeaway

The list price of homes in Eastern Brooklyn has increased by 5.7% since last year.

Summary: The median home list price in Eastern Brooklyn was $793,293 in May 2024, up 5.7% from the previous year, and the median price per square foot was $419.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $290K$299K
+3.1%
2 $420K$420K
0.0%
3 $609.4K$627.4K
+3.0%
4 $749K$765K
+2.1%
5+ $899K$949K
+5.6%

Summary: Eastern Brooklyn housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes did not change, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 5.6%.

Median List Price Compared To Nearby Neighborhoods

Spring Creek
+19.9%
East New York
+6.7%
Eastern Brooklyn
+5.7%
Canarsie
+3.2%

Housing Supply in Eastern Brooklyn, NY

How many homes are available in Eastern Brooklyn, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
406436+7.4%

Summary: The Eastern Brooklyn real estate market had 436 homes for sale in May 2024, a 7.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1718
+5.9%
2 3943
+10.3%
3 8191
+12.3%
4 4947
-4.1%
5+ 220237
+7.7%

Summary: The Eastern Brooklyn housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 7.7%.

Days on Market for Eastern Brooklyn, NY

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

Average Listing Age

May 2023May 2024CHANGE
227 Days179 Days-21.2%

Summary: Homes in Eastern Brooklyn had an average listing age of 179 days in May 2024, down by 21.2% compared to the previous year.

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

Report Updated 1 Day Ago

Newest Listings in Eastern Brooklyn, NY

Nearby Markets to Eastern Brooklyn, NY