Brooklyn Heights home prices and affordability, 2019 to 2025
Brooklyn Heights home prices rose about 23% from 2019 to 2025, and with higher mortgage rates, buying the average home here now takes $9,051 more a month.
How prices moved
Brooklyn Heights rose about as much as Brooklyn
On our own index, Brooklyn Heights home prices rose 23% from 2019 to 2025, against 22% for Brooklyn as a whole, and we rate it medium confidence.
The average sale rose by about the same, from $2,923,798 to $3,941,277. Our own index and the average sale measure different things, so in other neighborhoods they can tell different stories.
See Brooklyn home prices by neighborhoodWhat it costs to buy now
$9,051 more a month than in 2019
With 20% down on the average sale, the monthly mortgage payment went from $11,086 in 2019 to $20,137 in 2025. About half the rise, $4,528, came from higher prices and $4,523 from the higher mortgage rate, 6.60% against 3.94%.
The 20% down payment grew from $584,760 to $788,255.
Compare the neighborhoods next door
Brooklyn Heights
- Prices since 2019
- +23%
- Payment in 2025
- $20,137
- Rise a month
- +$9,051
Downtown Brooklyn-DUMBO-Boerum Hill
- Prices since 2019
- +12%
- Payment in 2025
- $10,745
- Rise a month
- +$5,397
Fort Greenelow confidence
- Prices since 2019
- +31%
- Payment in 2025
- $13,515
- Rise a month
- +$6,844
Carroll Gardens-Cobble Hill-Gowanus-Red Hook
- Prices since 2019
- +12%
- Payment in 2025
- $11,646
- Rise a month
- +$3,785
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Monthly mortgage payment: principal and interest on a 30-year fixed loan on each neighborhood’s 2025 average sale; taxes and insurance not included.
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Create a free accountA 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 Brooklyn Heights
How much have Brooklyn Heights home prices changed since 2019?
On our own index, Brooklyn Heights home prices rose about 23% from 2019 to 2025, against about 22% for Brooklyn as a whole. We rate the figure medium confidence. The average sale went from $2,923,798 to $3,941,277.
How much does it cost to buy a home in Brooklyn Heights?
The average Brooklyn Heights home sold for $3,941,277 in 2025. With 20% down, $788,255, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $20,137 before taxes and insurance.
What income do you need to buy in Brooklyn Heights?
About $805,000 a year for the average Brooklyn Heights home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $443,000 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 Brooklyn Heights changed since 2019?
The monthly mortgage payment on the average Brooklyn Heights home rose $9,051, from $11,086 in 2019 to $20,137 in 2025. Higher prices added $4,528, and the higher mortgage rate, 3.94% to 6.60%, added $4,523.
How does Brooklyn Heights compare with Brooklyn?
The monthly mortgage payment on the average Brooklyn Heights home was $20,137 in 2025, higher than the $7,397 on the average Brooklyn home. Since 2019 it rose $9,051, 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.