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Gravesend (West) home prices and affordability, 2019 to 2025

The average Gravesend (West) sale went from $965,436 in 2019 to $1,071,314 in 2025, and with higher mortgage rates, buying the average home there now takes $1,813 more a month.

Average sale, 2019 to 2025+11%The average sale reflects the homes sold, not a price index
Average sale, 2025$1,071,314was $965,436 in 2019
Monthly mortgage payment$5,474was $3,661 in 2019
Income to keep it under 30%$219,000was $146,000 in 2019

How prices moved

The average sale rose about 11%

The average Gravesend (West) sale went from $965,436 in 2019 to $1,071,314 in 2025, a rise of about 11%. The average Brooklyn sale rose about 31% over the same years.

Our own index has too few sales in Gravesend (West) 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
Gravesend (West), average sale+11%
Brooklyn, average sale+31%
0%average sale50%
Too few sales for our own index

What it costs to buy now

$1,813 more a month than in 2019

With 20% down on the average sale, the monthly mortgage payment went from $3,661 in 2019 to $5,474 in 2025. Higher prices added $471, and the higher mortgage rate, 6.60% against 3.94% added $1,342.

The 20% down payment grew from $193,087 to $214,263.

2019
$3,661
2025
$5,474
From higher prices $471From the higher rate $1,342

Compare the neighborhoods next door

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

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

  • Gravesend (South)

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

  • Gravesend (East)-Homecrestlow confidence

    Prices since 2019
    +45%
    Payment in 2025
    $10,343
    Rise a month
    +$5,385

  • Bensonhurst

    Prices since 2019
    +26%
    Payment in 2025
    $6,593
    Rise a month
    +$2,857
All Brooklyn neighborhoods

Your number

What would Gravesend (West) cost you?

Change the down payment and rate to see the monthly mortgage payment on the average Gravesend (West) home.

Your monthly mortgage payment in Gravesend (West)$5,474$2,026 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 Gravesend (West)

How much have Gravesend (West) home prices changed since 2019?

Our own index has too few sales in Gravesend (West) to give a figure. The average sale went from $965,436 to $1,071,314.

How much does it cost to buy a home in Gravesend (West)?

The average Gravesend (West) home sold for $1,071,314 in 2025. With 20% down, $214,263, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $5,474 before taxes and insurance.

What income do you need to buy in Gravesend (West)?

About $219,000 a year for the average Gravesend (West) 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 Gravesend (West) changed since 2019?

The monthly mortgage payment on the average Gravesend (West) home rose $1,813, from $3,661 in 2019 to $5,474 in 2025. Higher prices added $471, and the higher mortgage rate, 3.94% to 6.60%, added $1,342.

How does Gravesend (West) compare with Brooklyn?

The monthly mortgage payment on the average Gravesend (West) home was $5,474 in 2025, lower than the $7,397 on the average Brooklyn home. Since 2019 it rose $1,813, 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.