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Coney Island-Sea Gate home prices and affordability, 2019 to 2025

The average Coney Island-Sea Gate sale went from $651,896 in 2019 to $673,050 in 2025, and with higher mortgage rates, buying the average home there now takes $967 more a month.

Average sale, 2019 to 2025+3%The average sale reflects the homes sold, not a price index
Average sale, 2025$673,050was $651,896 in 2019
Monthly mortgage payment$3,439was $2,472 in 2019
Income to keep it under 30%$138,000was $99,000 in 2019

How prices moved

The average sale rose about 3%

The average Coney Island-Sea Gate sale went from $651,896 in 2019 to $673,050 in 2025, a rise of about 3%. The average Brooklyn sale rose about 31% over the same years.

Our own index has too few sales in Coney Island-Sea Gate to give a figure, so this section leads with the average sale. The average moves with which homes happened to sell as well as with prices.

See Brooklyn home prices by neighborhood
Coney Island-Sea Gate, average sale+3%
Brooklyn, average sale+31%
0%average sale50%
Too few sales for our own index

What it costs to buy now

$967 more a month than in 2019

With 20% down on the average sale, the monthly mortgage payment went from $2,472 in 2019 to $3,439 in 2025. Higher prices added $94, and the higher mortgage rate, 6.60% against 3.94% added $873.

The 20% down payment grew from $130,379 to $134,610.

2019
$2,472
2025
$3,439
From higher prices $94From the higher rate $873

Compare the neighborhoods next door

  • Coney Island-Sea Gatetoo few sales for our own index

    Prices since 2019
    —
    Payment in 2025
    $3,439
    Rise a month
    +$967

  • Gravesend (South)

    Prices since 2019
    +14%
    Payment in 2025
    $4,481
    Rise a month
    +$1,405

  • Brighton Beach

    Prices since 2019
    +26%
    Payment in 2025
    $4,054
    Rise a month
    +$1,424

  • Gravesend (West)too few sales for our own index

    Prices since 2019
    —
    Payment in 2025
    $5,474
    Rise a month
    +$1,813
All Brooklyn neighborhoods

Your number

What would Coney Island-Sea Gate cost you?

Change the down payment and rate to see the monthly mortgage payment on the average Coney Island-Sea Gate home.

Your monthly mortgage payment in Coney Island-Sea Gate$3,439$4,061 a month under your budget

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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.

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

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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 Coney Island-Sea Gate

How much have Coney Island-Sea Gate home prices changed since 2019?

Our own index has too few sales in Coney Island-Sea Gate to give a figure. The average sale went from $651,896 to $673,050.

How much does it cost to buy a home in Coney Island-Sea Gate?

The average Coney Island-Sea Gate home sold for $673,050 in 2025. With 20% down, $134,610, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $3,439 before taxes and insurance.

What income do you need to buy in Coney Island-Sea Gate?

About $138,000 a year for the average Coney Island-Sea Gate home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $99,000 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 Coney Island-Sea Gate changed since 2019?

The monthly mortgage payment on the average Coney Island-Sea Gate home rose $967, from $2,472 in 2019 to $3,439 in 2025. Higher prices added $94, and the higher mortgage rate, 3.94% to 6.60%, added $873.

How does Coney Island-Sea Gate compare with Brooklyn?

The monthly mortgage payment on the average Coney Island-Sea Gate home was $3,439 in 2025, lower than the $7,397 on the average Brooklyn home. Since 2019 it rose $967, 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.

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.