The median home price in Brooklyn was $1.03M from January through August 2026, based on 7,005 recorded sales of houses, condos and co-ops. That’s 3.0% higher than the same months of 2025.
Madison’s median was $996K, Midwood’s was $900K and Marine Park’s was $820K. These are closing prices from city sales records, not asking prices.
We went through the New York City Department of Finance’s sales records for Brooklyn, which is Kings County, and kept only homes: one- to three-family houses, condos and co-ops that sold for $100,000 or more. When one deal covered several lots, we counted it once.
What is the median home price in Brooklyn?
$1.03M was the median sale price across the borough, up from $995K over the same months last year. Half the homes in Brooklyn that sold went for more than that, and half went for less.
The kind of home changes the number a lot. A three-family house had a median of $1.65M, while a co-op apartment’s was $463K. Condos were the biggest group, at 31% of all sales.
| Property type | Sales, Jan to Aug 2026 | 2026 median | Median per sq ft | 2025 median |
|---|---|---|---|---|
| One-family house | 1,183 | $995K | $694 | $949K |
| Two-family house | 1,699 | $1.29M | $576 | $1.22M |
| Three-family house | 554 | $1.65M | $575 | $1.55M |
| Condominium | 2,204 | $1.17M | Not reported | $1.07M |
| Co-op apartment | 1,365 | $463K | Not reported | $465K |
| All homes | 7,005 | $1.03M | $616 (houses) | $995K |
Prices: New York City Department of Finance Rolling Sales, Brooklyn, file dated September 9, 2026, and Annualized Sales for 2025. Recorded sales from January 1 to August 31 of houses with one to three families, condos and co-ops at $100,000 or more, with multi-lot package sales counted once. Price per square foot uses the building’s gross square feet, which the file doesn’t list for condos or co-ops.
Median vs. average home price
The average Brooklyn sale was $1.4M, well above the median. A smaller number of very expensive sales pulls the average up, so the median is the better guide to what a typical home cost.
Median home price by neighborhood: Midwood, Madison and Marine Park
Madison led the three at $996K, up 9.9% from 2025. Midwood came in at $900K, up 5.6%, and Marine Park at $820K, up 2.5%. All three sit below the Brooklyn median.
| Area | Sales, Jan to Aug 2026 | 2026 median | 2025 median | Change | 2026 house median |
|---|---|---|---|---|---|
| Midwood | 146 | $900K | $853K | 5.6% | $1.4M |
| Madison | 122 | $996K | $907K | 9.9% | $1.33M |
| Marine Park | 131 | $820K | $800K | 2.5% | $860K |
| Brooklyn | 7,005 | $1.03M | $995K | 3.0% | $1.25M |
New York City Department of Finance, same records and rules as above. Neighborhoods are the city’s sales areas, which have their own boundaries. House figures combine one-, two- and three-family homes.
Fewer homes changed hands in Midwood and Marine Park, down 4.6% and 9.7% from the same months of 2025. Madison recorded 122 sales both years. For more on the southern end of the area, see our Marine Park real estate market report.
Why Midwood’s median is lower than its house prices
Co-ops. They made up 34% of Midwood’s sales at a median of $320K, which pulls the overall number down. Midwood’s houses had a median of $1.4M, the top figure of the three neighborhoods and above Brooklyn’s $1.25M.
Marine Park sells mostly houses, and co-ops were just 9% of its sales. That’s why its overall median sits close to its house median of $860K.
| 2026 median (sales) | Midwood | Madison | Marine Park |
|---|---|---|---|
| One-family house | $1.44M (60) | $1.29M (58) | $825K (90) |
| Two-family house | $1.36M (16) | $1.24M (27) | $941K (22) |
| Three-family house | $1.6M (5) | $1.66M (5) | $1.35M (3) |
| Condominium | $609K (15) | $605K (13) | $592K (4) |
| Co-op apartment | $320K (50) | $290K (19) | $236K (12) |
New York City Department of Finance, same 2026 sales. A median built on a handful of sales, like the three-family rows, can move a lot with one sale.
Price per square foot for Brooklyn houses
A Brooklyn house sold for a median of $616 per square foot. Madison came first of our three neighborhoods at $718, then Midwood at $702 and Marine Park at $646. All three came in above the Brooklyn figure.
Smaller houses cost more per foot. Across Brooklyn, one-family houses went for $694 a foot, against $576 for two-family and $575 for three-family houses. A neighborhood number is only a starting point, and our guide to selling a Brooklyn home explains how we price street by street.
Brooklyn housing market trends: how home prices changed from late 2025 to 2026
House prices went up. Brooklyn’s house median rose from $1.16M in September through December 2025 to $1.25M in the first eight months of this year, a gain of 7.5%. Midwood, Madison and Marine Park moved up too.
| Houses | Sales, Sep to Dec 2025 | Median, Sep to Dec 2025 | Sales, Jan to Aug 2026 | Median, Jan to Aug 2026 | Change |
|---|---|---|---|---|---|
| Midwood | 50 | $1.33M | 81 | $1.4M | 5.2% |
| Madison | 48 | $984K | 90 | $1.33M | 34.7% |
| Marine Park | 68 | $815K | 115 | $860K | 5.5% |
| Brooklyn | 1,829 | $1.16M | 3,436 | $1.25M | 7.5% |
New York City Department of Finance Rolling Sales, Brooklyn, file dated September 9, 2026. One- to three-family houses at $100,000 or more.
Madison’s jump is the biggest, but its late-2025 figure rests on only 48 house sales. The two periods also differ in length and season, so read this as a rough direction.
Median home price by ZIP code
ZIP codes don’t follow neighborhood lines. Midwood’s 146 sales were spread across three of them: 74 in 11230, 62 in 11210 and 10 in 11229.
| ZIP code | Sales, Jan to Aug 2026 | Median | City sales areas with the most sales |
|---|---|---|---|
| 11210 | 175 | $970K | Flatbush-East (79), Midwood (62), Flatbush-Central (34) |
| 11229 | 276 | $834K | Madison (122), Sheepshead Bay (73), Gerritsen Beach (44) |
| 11230 | 207 | $900K | Ocean Parkway-North (102), Midwood (74), Flatbush-Central (28) |
| 11234 | 358 | $817K | Marine Park (104), Old Mill Basin (78), Flatlands (68) |
New York City Department of Finance, same records and rules. ZIP code as listed on each sale.
All 122 of Madison’s sales were in 11229. Marine Park’s were split between 11234, with 104, and 11229, with 27.
Most expensive and most affordable Brooklyn neighborhoods for houses
Park Slope had the highest house median in Brooklyn at $4.25M, and Gerritsen Beach had the lowest at $664K. We ranked the 34 city sales areas with at least 30 house sales over the same eight months.
| Top house medians | Median | House sales |
|---|---|---|
| Park Slope | $4.25M | 83 |
| Carroll Gardens | $4.02M | 30 |
| Greenpoint | $2.5M | 34 |
| Ocean Parkway-South | $2.36M | 54 |
| Ocean Parkway-North | $2.2M | 91 |
| Lowest house medians | Median | House sales |
|---|---|---|
| Canarsie | $780K | 174 |
| Old Mill Basin | $740K | 70 |
| East New York | $725K | 200 |
| Brownsville | $690K | 47 |
| Gerritsen Beach | $664K | 44 |
New York City Department of Finance, one- to three-family houses at $100,000 or more, same months. Names are the city’s sales areas.
Midwood ranked 15th, Madison 18th and Marine Park 25th. A few of the priciest areas sold too few houses to make the list. Brooklyn Heights had 21 house sales at a median of $6.9M, and Cobble Hill had 9 at $9.25M.
Is the Brooklyn real estate market a buyer’s or seller’s market?
Sales records can’t answer that on their own. What they do show is fewer sales and higher prices in the Brooklyn housing market: sales fell 4.7% from last year while the median rose 3.0%.
The city’s records don’t show listings, inventory or days on market, so they can’t tell you who has the upper hand. For your own home, the useful comparison is what similar homes nearby sold for recently.
Monthly mortgage payment at the median home price in Brooklyn
At Brooklyn’s median of $1.03M, a buyer putting 20% down would borrow about $820,000. At 6.76%, Freddie Mac’s average 30-year fixed rate as of September 10, 2026, published by the Federal Reserve Bank of St. Louis, principal and interest come to about $5,320 a month.
| Area | 2026 median | Loan with 20% down | Principal and interest per month |
|---|---|---|---|
| Brooklyn | $1.03M | $820,000 | $5,320 |
| Madison | $996K | $797,000 | $5,170 |
| Midwood | $900K | $720,000 | $4,670 |
| Marine Park | $820K | $656,000 | $4,260 |
Our math: a 30-year fixed loan at 6.76%, rounded. It leaves out property taxes, insurance, and co-op or condo monthly charges.
For context, the Census Bureau puts Brooklyn’s median household income at $80,263 a year and median gross rent for households renting, meaning rent plus utilities, at $1,833 a month. Lenders set their own limits on how much of your income can go to housing, so talk to one before you start looking.
Brooklyn home prices: common follow-up questions
Is it cheaper to buy in Brooklyn or Manhattan?
Brooklyn, by median price. Manhattan’s median over the same months was $1.27M across 8,494 sales, 24% above Brooklyn’s. The gap is widest for co-ops, at $875K in Manhattan against $463K in Brooklyn, and apartments made up 98% of Manhattan’s sales.
What is the average home price in Brooklyn?
$1.4M over the same months, against a median of $1.03M. The average runs higher because a smaller number of very expensive sales pull it up.
How much does a co-op cost in Midwood, Madison and Marine Park?
Midwood’s co-op median was $320K across 50 sales, the most of the three. Madison’s was $290K and Marine Park’s was $236K, on far fewer sales. All three came in under Brooklyn’s co-op median of $463K.
Why don’t these prices match Zillow, Redfin or Realtor.com?
They measure different things, so two accurate numbers can still disagree. Those sites publish their own figures using different time periods, different mixes of homes and, in some cases, estimated values instead of closing prices. Every sale price on this page is a recorded sale from city records.
From The Behfar Team
We work from our office at 1524 East 23rd Street in Midwood and have closed 494 buyer and seller transactions. So far in 2026 the team reports 60 closed sales worth $80.7 million, 34 of them for sellers. Our 144 Google reviews are the most of any Midwood agency, and our agents speak six languages.
Find out where your home’s price lands
We’ll compare your home with recent sales of similar houses, condos and co-ops nearby, which says far more than a borough-wide median. You can also call the office at 347-988-2526.
Sale prices come from the New York City Department of Finance’s records for Brooklyn and Manhattan. The mortgage rate is Freddie Mac’s weekly average as published by the Federal Reserve Bank of St. Louis, and income and rent come from the Census Bureau’s American Community Survey (ACS 2024 5-year). This is general information, not an appraisal or financial advice.
