Good Investment

Canarsie home prices and affordability, 2019 to 2025

Canarsie home prices rose about 32% from 2019 to 2025, and with higher mortgage rates, buying the average home here now takes $53 more a month.

Home prices, 2019 to 2025+32%Our own index · Brooklyn +22%
Average sale, 2025$723,258was $960,501 in 2019
Monthly mortgage payment$3,695was $3,642 in 2019
Income to keep it under 30%$148,000was $146,000 in 2019

How prices moved

Canarsie rose about as much as Brooklyn

On our own index, Canarsie home prices rose 32% from 2019 to 2025, against 22% for Brooklyn as a whole, and we rate it medium confidence.

The average sale fell about 25% over the same years, from $960,501 to $723,258. The average moves with which homes happened to sell as well as with prices, so it can differ from our own index.

See Brooklyn home prices by neighborhood
Canarsie+32%
Brooklyn+22%
0%Our own index50%
Medium confidence

What it costs to buy now

$53 more a month than in 2019

With 20% down on the average sale, the monthly mortgage payment went from $3,642 in 2019 to $3,695 in 2025. Lower prices took $1,056 off, and the higher mortgage rate, 6.60% against 3.94% added $1,109.

The 20% down payment fell from $192,100 to $144,652.

2019
$3,642
2025
$3,695

Compare the neighborhoods next door

  • Canarsie

    Prices since 2019
    +32%
    Payment in 2025
    $3,695
    Rise a month
    +$53

  • East Flatbush-Remsen Villagemeasured with neighbors

    Prices since 2019
    +46%
    Payment in 2025
    $3,661
    Rise a month
    +$1,422

  • East New York-New Lotslow confidence

    Prices since 2019
    +40%
    Payment in 2025
    $3,549
    Rise a month
    +$1,563

  • East Flatbush-Rugbymeasured with neighbors

    Prices since 2019
    +46%
    Payment in 2025
    $3,616
    Rise a month
    +$1,352
All Brooklyn neighborhoods

Your number

What would Canarsie cost you?

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

Your monthly mortgage payment in Canarsie$3,695$3,805 a month under 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 Canarsie 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 Canarsie

How much have Canarsie home prices changed since 2019?

On our own index, Canarsie home prices rose about 32% from 2019 to 2025, against about 22% for Brooklyn as a whole. We rate the figure medium confidence. The average sale went from $960,501 to $723,258.

How much does it cost to buy a home in Canarsie?

The average Canarsie home sold for $723,258 in 2025. With 20% down, $144,652, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $3,695 before taxes and insurance.

What income do you need to buy in Canarsie?

About $148,000 a year for the average Canarsie home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $146,000 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 Canarsie changed since 2019?

The monthly mortgage payment on the average Canarsie home rose $53, from $3,642 in 2019 to $3,695 in 2025. Lower prices took $1,056 off, and the higher mortgage rate, 3.94% to 6.60%, added $1,109.

How does Canarsie compare with Brooklyn?

The monthly mortgage payment on the average Canarsie home was $3,695 in 2025, lower than the $7,397 on the average Brooklyn home. Since 2019 it rose $53, 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.