Home Values

Brooklyn Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$336,600

  • 3.7% 1-year change
  • 3.6% 1-year forecast

The median home value in Brooklyn is $336,600. Brooklyn home values have gone up 3.7% over the past year and Zillow predicts they will rise 3.6% within the next year. The median price of homes currently listed in Brooklyn is $439,900. The median rent price in Brooklyn is $1,215, which is lower than the Portland median of $1,395.

Foreclosures will be a factor impacting home values in the next several years. In Brooklyn 6.1 homes are foreclosed (per 10,000). This is greater than the Portland value of 3.8 and also greater than the national value of 4.2

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Relative ZHVI
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Brooklyn Market Overview

Data through Nov 30, 2014
  • $336,600 ZHVI
  • 3.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $439,900 Median listing price
  • No data Median sale price
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Brooklyn Market Health

Data through Nov 30, 2014
  • 6.6/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

6.1 homes(May 31, 2014) Brooklyn
3.8 homes Portland
4.2 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Eastmoreland $601,300
Buckman $461,500
Hosford-Abernethy $459,000
Name Median ZHVI
Homestead $427,800
Richmond $414,600
Sellwood-Moreland $398,900
Name Median ZHVI
Reed $365,900
Corbett-Terwilliger-Lair Hill $354,500
Creston-Kenilworth $315,400

Listings & Sales

Data through Nov 30, 2014
  • $291 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Brooklyn Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,672 Brooklyn
    $1,589 Portland
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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