Good Investment

Borough Park home prices and affordability, 2019 to 2025

The average Borough Park sale went from $1,268,334 in 2019 to $1,909,459 in 2025, and with higher mortgage rates, buying the average home there now takes $4,947 more a month.

Home prices, 2019 to 2025+51%Our own index, low confidence · Brooklyn +22%
Average sale, 2025$1,909,459was $1,268,334 in 2019
Monthly mortgage payment$9,756was $4,809 in 2019
Income to keep it under 30%$390,000was $192,000 in 2019

How prices moved

The average sale rose about 51%

The average Borough Park sale went from $1,268,334 in 2019 to $1,909,459 in 2025, a rise of about 51%. The average Brooklyn sale rose about 31% over the same years.

Our own index measures Borough Park together with Sunset Park (East)-Borough Park (West) and Kensington, so the figure covers all three. That figure is about 51%, against 22% for Brooklyn as a whole, and we rate it low confidence, so treat it as a rough direction.

See Brooklyn home prices by neighborhood
Borough Park+51%
Brooklyn+22%
0%Our own index75%
Low confidence

What it costs to buy now

$4,947 more a month than in 2019

With 20% down on the average sale, the monthly mortgage payment went from $4,809 in 2019 to $9,756 in 2025. About half the rise, $2,853, came from higher prices and $2,094 from the higher mortgage rate, 6.60% against 3.94%.

The 20% down payment grew from $253,667 to $381,892.

2019
$4,809
2025
$9,756
From higher prices $2,853From the higher rate $2,094

Compare the neighborhoods next door

  • Borough Parklow confidence

    Prices since 2019
    +51%
    Payment in 2025
    $9,756
    Rise a month
    +$4,947

  • Sunset Park (East)-Borough Park (West)low confidence

    Prices since 2019
    +51%
    Payment in 2025
    $5,739
    Rise a month
    +$1,500

  • Kensingtonlow confidence

    Prices since 2019
    +51%
    Payment in 2025
    $5,467
    Rise a month
    +$975

  • Sunset Park (Central)low confidence

    Prices since 2019
    +28%
    Payment in 2025
    $6,435
    Rise a month
    +$2,331
All Brooklyn neighborhoods

Your number

What would Borough Park cost you?

Change the down payment and rate to see the monthly mortgage payment on the average Borough Park home.

Your monthly mortgage payment in Borough Park$9,756$2,256 a month over your budget

33 of 52 Brooklyn neighborhoods fit your budget, starting with

+ 30 more neighborhoods that fitA free account saves your numbers and shows every Brooklyn neighborhood that fits them.Create a free account

Monthly mortgage payment: principal and interest on a 30-year fixed loan on each neighborhood’s 2025 average sale; taxes and insurance not included.

That’s the neighborhood average; now look up the home you want.

See any home’s estimated monthly payment, value and Appreciation Rank.

Three homes a month free. No card.

Address in Borough Park or anywhere

Create a free account

A model-generated estimate and analytical context, not investment advice. The estimated value comes from an automated valuation model (AVM). An AVM is an estimated sale price for a property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.

Questions about Borough Park

How much have Borough Park home prices changed since 2019?

On our own index, Borough Park home prices rose about 51% from 2019 to 2025, against about 22% for Brooklyn as a whole. We rate the figure low confidence, so treat it as a rough direction. The average sale went from $1,268,334 to $1,909,459.

How much does it cost to buy a home in Borough Park?

The average Borough Park home sold for $1,909,459 in 2025. With 20% down, $381,892, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $9,756 before taxes and insurance.

What income do you need to buy in Borough Park?

About $390,000 a year for the average Borough Park home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $192,000 in 2019. Lenders apply their own tests, and taxes and insurance come on top of the payment.

How much has the monthly mortgage payment in Borough Park changed since 2019?

The monthly mortgage payment on the average Borough Park home rose $4,947, from $4,809 in 2019 to $9,756 in 2025. Higher prices added $2,853, and the higher mortgage rate, 3.94% to 6.60%, added $2,094.

How does Borough Park compare with Brooklyn?

The monthly mortgage payment on the average Borough Park home was $9,756 in 2025, higher than the $7,397 on the average Brooklyn home. Since 2019 it rose $4,947, and Brooklyn’s rose $3,205.

What does the full cost to own a home add?

Property tax, insurance, HOA dues and upkeep come on top of the monthly mortgage payment shown here. A free account’s Cost to Own adds them up for a specific home, and three homes a month are free.

Home prices: our own index from NYC Department of Finance sales, 2019 to 2025. Monthly mortgage payment is principal and interest on the average sale with 20% down and a 30-year fixed loan, at each year’s average Freddie Mac rate (3.94% in 2019, 6.60% in 2025); taxes and insurance are not included. Sales: NYC Department of Finance.