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East New York-New Lots home prices and affordability, 2019 to 2025

The average East New York-New Lots sale went from $523,654 in 2019 to $694,522 in 2025, and with higher mortgage rates, buying the average home there now takes $1,563 more a month.

Home prices, 2019 to 2025+40%Our own index, low confidence · Brooklyn +22%
Average sale, 2025$694,522was $523,654 in 2019
Monthly mortgage payment$3,549was $1,986 in 2019
Income to keep it under 30%$142,000was $79,000 in 2019

How prices moved

The average sale rose about 33%

The average East New York-New Lots sale went from $523,654 in 2019 to $694,522 in 2025, a rise of about 33%. The average Brooklyn sale rose about 31% over the same years.

Our own index puts the change at about 40%, against 22% for Brooklyn as a whole, and we rate it low confidence, so treat it as a rough direction.

See Brooklyn home prices by neighborhood
East New York-New Lots+40%
Brooklyn+22%
0%Our own index50%
Low confidence

What it costs to buy now

$1,563 more a month than in 2019

With 20% down on the average sale, the monthly mortgage payment went from $1,986 in 2019 to $3,549 in 2025. About half the rise, $760, came from higher prices and $803 from the higher mortgage rate, 6.60% against 3.94%.

The 20% down payment grew from $104,731 to $138,904.

2019
$1,986
2025
$3,549
From higher prices $760From the higher rate $803

Compare the neighborhoods next door

  • East New York-New Lotslow confidence

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

  • East New York (North)low confidence

    Prices since 2019
    +27%
    Payment in 2025
    $4,003
    Rise a month
    +$1,604

  • Brownsvillelow confidence

    Prices since 2019
    +37%
    Payment in 2025
    $3,161
    Rise a month
    +$204

  • East New York-City Linetoo few sales for our own index

    Prices since 2019
    —
    Payment in 2025
    $4,300
    Rise a month
    +$2,067
All Brooklyn neighborhoods

Your number

What would East New York-New Lots cost you?

Change the down payment and rate to see the monthly mortgage payment on the average East New York-New Lots home.

Your monthly mortgage payment in East New York-New Lots$3,549$3,951 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 New York-New Lots

How much have East New York-New Lots home prices changed since 2019?

On our own index, East New York-New Lots home prices rose about 40% from 2019 to 2025, against about 22% for Brooklyn as a whole. We rate the figure low confidence, so treat it as a rough direction. The average sale went from $523,654 to $694,522.

How much does it cost to buy a home in East New York-New Lots?

The average East New York-New Lots home sold for $694,522 in 2025. With 20% down, $138,904, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $3,549 before taxes and insurance.

What income do you need to buy in East New York-New Lots?

About $142,000 a year for the average East New York-New Lots home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $79,000 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 New York-New Lots changed since 2019?

The monthly mortgage payment on the average East New York-New Lots home rose $1,563, from $1,986 in 2019 to $3,549 in 2025. Higher prices added $760, and the higher mortgage rate, 3.94% to 6.60%, added $803.

How does East New York-New Lots compare with Brooklyn?

The monthly mortgage payment on the average East New York-New Lots home was $3,549 in 2025, lower than the $7,397 on the average Brooklyn home. Since 2019 it rose $1,563, 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.