Housing Prices in Borough Park, NY
How much do homes in Borough Park, NY cost?
Median List Price
$1,395,000
$640/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Borough Park was $1,395,000 in April 2024, up 9.9% from the previous year, and the median price per square foot was $640.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $429.5K | $425K | -1.0% |
2 Bedrooms | $630K | $647K | +2.7% |
3 Bedrooms | $1.1M | $1.1M | +2.9% |
4 Bedrooms | $1.2M | $1.2M | -1.5% |
5+ Bedrooms | $1.5M | $1.8M | +13.7% |
Summary: Borough Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 13.7%.
Median List Price Compared To Nearby Neighborhoods
Borough Park | $1.2M | $1.3M | +9.9% |
Sunset Park | $1.1M | $1.2M | +5.2% |
Kensington | $524.7K | $550K | +4.8% |
Windsor Terrace | $1.1M | $1.1M | +2.2% |
New Utrecht | $1.0M | $1.0M | 0% |
Housing Supply in Borough Park, NY
How many homes are available in Borough Park, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 20 | -4.8% |
Summary: The Borough Park real estate market had 20 homes for sale in April 2024, a 4.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Borough Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 12.5%.
Days on Market for Borough Park, NY
How long does it take to sell a home in Borough Park, NY?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
338 Days | 281 Days | -16.8% |
Summary: Homes in Borough Park had an average listing age of 281 days in Apr 2024, down by 16.8% compared to the previous year.