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Downtown Brooklyn-DUMBO-Boerum Hill home prices and affordability, 2019 to 2025

Downtown Brooklyn-DUMBO-Boerum Hill home prices rose about 12% from 2019 to 2025, and with higher mortgage rates, buying the average home here now takes $5,397 more a month.

Home prices, 2019 to 2025+12%Our own index · Brooklyn +22%
Average sale, 2025$2,103,111was $1,410,400 in 2019
Monthly mortgage payment$10,745was $5,348 in 2019
Income to keep it under 30%$430,000was $214,000 in 2019

How prices moved

Downtown Brooklyn-DUMBO-Boerum Hill rose more slowly than Brooklyn

On our own index, Downtown Brooklyn-DUMBO-Boerum Hill home prices rose 12% from 2019 to 2025, against 22% for Brooklyn as a whole, and we rate it high confidence.

The average sale rose about 49% over the same years, from $1,410,400 to $2,103,111. 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
Downtown Brooklyn-DUMBO-Boerum Hill+12%
Brooklyn+22%
0%Our own index25%
High confidence

What it costs to buy now

$5,397 more a month than in 2019

With 20% down on the average sale, the monthly mortgage payment went from $5,348 in 2019 to $10,745 in 2025. About half the rise, $3,083, came from higher prices and $2,314 from the higher mortgage rate, 6.60% against 3.94%.

The 20% down payment grew from $282,080 to $420,622.

2019
$5,348
2025
$10,745
From higher prices $3,083From the higher rate $2,314

Compare the neighborhoods next door

  • Downtown Brooklyn-DUMBO-Boerum Hill

    Prices since 2019
    +12%
    Payment in 2025
    $10,745
    Rise a month
    +$5,397

  • Brooklyn Heights

    Prices since 2019
    +23%
    Payment in 2025
    $20,137
    Rise a month
    +$9,051

  • Fort Greenelow confidence

    Prices since 2019
    +31%
    Payment in 2025
    $13,515
    Rise a month
    +$6,844

  • Clinton Hill

    Prices since 2019
    +40%
    Payment in 2025
    $9,721
    Rise a month
    +$3,356
All Brooklyn neighborhoods

Your number

What would Downtown Brooklyn-DUMBO-Boerum Hill cost you?

Change the down payment and rate to see the monthly mortgage payment on the average Downtown Brooklyn-DUMBO-Boerum Hill home.

Your monthly mortgage payment in Downtown Brooklyn-DUMBO-Boerum Hill$10,745$3,245 a month over 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.

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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 Downtown Brooklyn-DUMBO-Boerum Hill

How much have Downtown Brooklyn-DUMBO-Boerum Hill home prices changed since 2019?

On our own index, Downtown Brooklyn-DUMBO-Boerum Hill home prices rose about 12% from 2019 to 2025, against about 22% for Brooklyn as a whole. We rate the figure high confidence. The average sale went from $1,410,400 to $2,103,111.

How much does it cost to buy a home in Downtown Brooklyn-DUMBO-Boerum Hill?

The average Downtown Brooklyn-DUMBO-Boerum Hill home sold for $2,103,111 in 2025. With 20% down, $420,622, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $10,745 before taxes and insurance.

What income do you need to buy in Downtown Brooklyn-DUMBO-Boerum Hill?

About $430,000 a year for the average Downtown Brooklyn-DUMBO-Boerum Hill home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $214,000 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 Downtown Brooklyn-DUMBO-Boerum Hill changed since 2019?

The monthly mortgage payment on the average Downtown Brooklyn-DUMBO-Boerum Hill home rose $5,397, from $5,348 in 2019 to $10,745 in 2025. Higher prices added $3,083, and the higher mortgage rate, 3.94% to 6.60%, added $2,314.

How does Downtown Brooklyn-DUMBO-Boerum Hill compare with Brooklyn?

The monthly mortgage payment on the average Downtown Brooklyn-DUMBO-Boerum Hill home was $10,745 in 2025, higher than the $7,397 on the average Brooklyn home. Since 2019 it rose $5,397, 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.