The median sale price of a home in Downtown Brooklyn was $1.0M last month, down 29.1% since last year. The median sale price per square foot in Downtown Brooklyn is $1.18K, down 12.8% since last year.
What is the housing market like in Downtown Brooklyn today?
In October 2024, Downtown Brooklyn home prices were down 29.1% compared to last year, selling for a median price of $1.0M. On average, homes in Downtown Brooklyn sell after 83 days on the market compared to 97 days last year. There were 50 homes sold in October this year, down from 62 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,037,500
-29.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Downtown Brooklyn, NY
$1,037,500
-29.1%
United States
To compare other locations to the Downtown Brooklyn and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New York add value to a home.
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.4%
+0.6 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Downtown Brooklyn, NY
99.4%
+0.6 pt
United States
View houses in Downtown Brooklyn that sold recently
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Climate's impact on Downtown Brooklyn housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Brooklyn.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Brooklyn has a minor risk of flooding. 15 properties in Downtown Brooklyn are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Downtown Brooklyn. Flood risk is increasing faster than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Brooklyn has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Brooklyn is most at risk from hurricanes. 392 properties in Downtown 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 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 95 mph.
59% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Downtown Brooklyn has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 59% of homes in Downtown Brooklyn have a Severe Heat Factor®.
Downtown Brooklyn is expected to see a 100% increase in the number of days over 99ºF over the next 30 years. Downtown Brooklyn is expected to experience 6