Home Values

Gowanus 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

$848,700

  • 12.2% 1-year change
  • 5.0% 1-year forecast

The median home value in Gowanus is $848,700. Gowanus home values have gone up 12.2% over the past year and Zillow predicts they will rise 5.0% within the next year. The median list price per square foot in Gowanus is $991, which is higher than the New York average of $501. The median price of homes currently listed in Gowanus is $1,289,000 while the median price of homes that sold is $412,698. The median rent price in Gowanus is $2,750, which is higher than the New York median of $2,400.

Relative ZHVI
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Gowanus Market Overview

Data through Oct 31, 2014
  • $848,700 ZHVI
  • 5.0% 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
    (Oct 31, 2015)
  • $1,289,000 Median listing price
  • No recent data Median sale price
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Gowanus Market Health

Data through Oct 31, 2014
  • 8.9/10 Very 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 (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

0.4 homes New York
4.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Boerum Hill $975,700
Carroll Gardens $973,400
Park Slope $952,700
Name Median ZHVI
Cobble Hill $927,900
Fort Greene $907,900
Prospect Heights $858,700
Name Median ZHVI
Downtown New York $847,700
Windsor Terrace $817,600
Greenwood $772,800

Listings & Sales

Data through Oct 31, 2014
  • $991 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 19.4% Listings with price cut
7.7%
Sold below listing
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Gowanus Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $2,933 Gowanus
    $2,189 New York
    $1,337 United States

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

  • 2.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,750 Rent list price
  • $3.60 Rent list price / sq ft
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