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East Flatbush-Erasmus home prices and affordability, 2019 to 2025

East Flatbush-Erasmus home prices rose about 46% from 2019 to 2025, and with higher mortgage rates, buying the average home here now takes $1,469 more a month.

Home prices, 2019 to 2025+46%Our own index, measured with neighbors · Brooklyn +22%
Average sale, 2025$892,986was $815,885 in 2019
Monthly mortgage payment$4,563was $3,094 in 2019
Income to keep it under 30%$183,000was $124,000 in 2019

How prices moved

East Flatbush-Erasmus rose faster than Brooklyn

Our own index measures East Flatbush-Erasmus together with East Flatbush-Farragut, East Flatbush-Rugby and East Flatbush-Remsen Village, so the figure covers all four. On our own index, East Flatbush-Erasmus home prices rose 46% from 2019 to 2025, against 22% for Brooklyn as a whole, and we rate it medium confidence.

The average sale rose about 9% over the same years, from $815,885 to $892,986. 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
East Flatbush-Erasmus+46%
Brooklyn+22%
0%Our own index50%
Medium confidence

What it costs to buy now

$1,469 more a month than in 2019

With 20% down on the average sale, the monthly mortgage payment went from $3,094 in 2019 to $4,563 in 2025. Higher prices added $343, and the higher mortgage rate, 6.60% against 3.94% added $1,126.

The 20% down payment grew from $163,177 to $178,597.

2019
$3,094
2025
$4,563
From higher prices $343From the higher rate $1,126

Compare the neighborhoods next door

  • East Flatbush-Erasmusmeasured with neighbors

    Prices since 2019
    +46%
    Payment in 2025
    $4,563
    Rise a month
    +$1,469

  • Flatbushlow confidence

    Prices since 2019
    +33%
    Payment in 2025
    $5,167
    Rise a month
    +$2,046

  • Prospect Lefferts Gardens-Wingatelow confidence

    Prices since 2019
    +24%
    Payment in 2025
    $6,486
    Rise a month
    +$2,479

  • East Flatbush-Farragutmeasured with neighbors

    Prices since 2019
    +46%
    Payment in 2025
    $3,841
    Rise a month
    +$1,433
All Brooklyn neighborhoods

Your number

What would East Flatbush-Erasmus cost you?

Change the down payment and rate to see the monthly mortgage payment on the average East Flatbush-Erasmus home.

Your monthly mortgage payment in East Flatbush-Erasmus$4,563$2,937 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.

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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 East Flatbush-Erasmus

How much have East Flatbush-Erasmus home prices changed since 2019?

On our own index, East Flatbush-Erasmus home prices rose about 46% from 2019 to 2025, against about 22% for Brooklyn as a whole. We rate the figure medium confidence. The average sale went from $815,885 to $892,986.

How much does it cost to buy a home in East Flatbush-Erasmus?

The average East Flatbush-Erasmus home sold for $892,986 in 2025. With 20% down, $178,597, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $4,563 before taxes and insurance.

What income do you need to buy in East Flatbush-Erasmus?

About $183,000 a year for the average East Flatbush-Erasmus home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $124,000 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 East Flatbush-Erasmus changed since 2019?

The monthly mortgage payment on the average East Flatbush-Erasmus home rose $1,469, from $3,094 in 2019 to $4,563 in 2025. Higher prices added $343, and the higher mortgage rate, 3.94% to 6.60%, added $1,126.

How does East Flatbush-Erasmus compare with Brooklyn?

The monthly mortgage payment on the average East Flatbush-Erasmus home was $4,563 in 2025, lower than the $7,397 on the average Brooklyn home. Since 2019 it rose $1,469, 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.