Brooklyn Heights, New York, NY—11201
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brooklyn Heights, New York, NY
As of Oct '25, the median home price in Brooklyn Heights, New York, NY is $1,351,000, with a year-over-year change of 2.8%. This indicates that home prices in Brooklyn Heights, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,351,000 | 2.8% |
| Single Family | $3,350,000 | 7.5% |
| Condos | $1,263,000 | 2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $916,000 | 3.7% |
2 Bed | $1,595,000 | 3.0% |
3 Bed | $2,703,000 | 5.2% |
4 Bed | $4,913,000 | 6.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Brooklyn Heights, New York, NY
As of July '25, Rentcast reports the average rent in Brooklyn Heights, New York, NY is $5,140, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Brooklyn Heights, New York, NY is studios: $3,710, 1-bedrooms: $4,720, 2-bedrooms: $6,400, 3-bedrooms: $7,670, 4-bedrooms: $8,250. The most common rental property sizes in Brooklyn Heights, New York, NY are 1-bedroom and 2-bedroom, accounting for 41.1% and 30.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,920 | $5,140 |
| Studio Rent | $3,550 | $3,710 |
| 1 Bed Rent | $4,600 | $4,720 |
| 2 Bed Rent | $6,200 | $6,400 |
| 3 Bed Rent | $7,800 | $7,670 |
| 4 Bed Rent | $7,500 | $8,250 |
% of Rental Stock
Property Listings — Brooklyn Heights, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Brooklyn Heights, New York, NY is 51. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,650,000 | 4.0% |
Listing Count | 327 | -11.0% |
| Listings as % of Homes | 1.0% | -11.0% |
Days on Market | 51 | 23.0% |
Demographics — Brooklyn Heights, New York, NY
As of the latest ACS Survey released in 2023, Brooklyn Heights, New York, NY has a population of 69,300, which has increased by 10.2% over the past 5 years. Brooklyn Heights, New York, NY is a moderately popular place for families, as children make up 16.4% of the population. The area has a highly educated workforce, with 79.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 69,300 | 10.2% |
% Under 18 | 16.4% | -1.8% |
% Seniors | 12.5% | 8.7% |
% WFH | 32.5% | 296.3% |
% w/ College Degree | 79.2% | 6.9% |
As of the latest ACS Survey released in 2023, Brooklyn Heights, New York, NY is a predominantly white area, with 57.6% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Brooklyn Heights, New York, NY is asian, making up 14.4% of the population. Foreign-born residents account for 21.4% of the population in Brooklyn Heights, New York, NY, and this percentage has increased by 8.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.6% | -2.2% |
% Black | 12.4% | -8.8% |
% Hispanic | 10.7% | -7.8% |
% Asian | 14.4% | 22.0% |
% Foreign Born | 21.4% | 8.6% |
Mortgage and Risk — Brooklyn Heights, New York, NY
According to HUD data as of 2023, there were 517 mortgage originations in Brooklyn Heights, New York, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Brooklyn Heights, New York, NY. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 517 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 1.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Brooklyn Heights, New York, NY
As of 2024, the percent of homes in Brooklyn Heights, New York, NY under the Section 8 program is 1.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Brooklyn Heights, New York, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 2,674 |
Total Units Section 8 | 480 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$830 | $4,600 | $3,770 |
| 2 Bedroom | -$2,030 | $6,200 | $4,170 |
| 3 Bedroom | -$2,600 | $7,800 | $5,200 |
| 4 Bedroom | -$1,890 | $7,500 | $5,610 |
Affordability — Brooklyn Heights, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.2 |
| Median Home Price | $1,351,000 |
| Median Household Income | $169,000 |