The Brooklyn housing market is very competitive. The median sale price of a home in Brooklyn was $140K last month, up 23.3% since last year. The median sale price per square foot in Brooklyn is $98, down 7.5% since last year.
What is the housing market like in Brooklyn today?
In October 2024, Brooklyn home prices were up 23.3% compared to last year, selling for a median price of $140K. On average, homes in Brooklyn sell after 21 days on the market compared to 24 days last year. There were 28 homes sold in October this year, down from 36 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$140,000
+23.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Brooklyn, MD
$140,000
+23.3%
United States
To compare other locations to the Brooklyn and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Baltimore add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Brooklyn
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Brooklyn housing market?
Brooklyn is very competitive. Homes sell in 34 days.
0
100
72
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 6% above list price and go pending in around 34 days.
Hot homes
can sell for about 10% above list price and go pending in around 11 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Brooklyn housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Brooklyn.
Flood Factor - Minor
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Brooklyn has a minor risk of flooding. 429 properties in Brooklyn are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in Brooklyn. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Brooklyn has a minor risk of wildfire. There are 2 properties in Brooklyn that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Brooklyn.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Brooklyn has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Brooklyn is most at risk from hurricanes. 3,035 properties in Brooklyn have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 90 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 106 mph.