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Marine Park-Mill Basin-Bergen Beach home prices and affordability, 2019 to 2025

Marine Park-Mill Basin-Bergen Beach home prices rose about 37% from 2019 to 2025, and with higher mortgage rates, buying the average home here now takes $1,981 more a month.

Home prices, 2019 to 2025+37%Our own index · Brooklyn +22%
Average sale, 2025$934,006was $736,056 in 2019
Monthly mortgage payment$4,772was $2,791 in 2019
Income to keep it under 30%$191,000was $112,000 in 2019

How prices moved

Marine Park-Mill Basin-Bergen Beach rose about as much as Brooklyn

On our own index, Marine Park-Mill Basin-Bergen Beach home prices rose 37% from 2019 to 2025, against 22% for Brooklyn as a whole, and we rate it medium confidence.

The average sale rose by about the same, from $736,056 to $934,006. Our own index and the average sale measure different things, so in other neighborhoods they can tell different stories.

See Brooklyn home prices by neighborhood
Marine Park-Mill Basin-Bergen Beach+37%
Brooklyn+22%
0%Our own index50%
Medium confidence

What it costs to buy now

$1,981 more a month than in 2019

With 20% down on the average sale, the monthly mortgage payment went from $2,791 in 2019 to $4,772 in 2025. About half the rise, $881, came from higher prices and $1,100 from the higher mortgage rate, 6.60% against 3.94%.

The 20% down payment grew from $147,211 to $186,801.

2019
$2,791
2025
$4,772
From higher prices $881From the higher rate $1,100

Compare the neighborhoods next door

  • Marine Park-Mill Basin-Bergen Beach

    Prices since 2019
    +37%
    Payment in 2025
    $4,772
    Rise a month
    +$1,981

  • Flatlandslow confidence

    Prices since 2019
    +26%
    Payment in 2025
    $3,804
    Rise a month
    +$1,385

  • Madison

    Prices since 2019
    +27%
    Payment in 2025
    $5,280
    Rise a month
    +$1,924

  • Canarsie

    Prices since 2019
    +32%
    Payment in 2025
    $3,695
    Rise a month
    +$53
All Brooklyn neighborhoods

Your number

What would Marine Park-Mill Basin-Bergen Beach cost you?

Change the down payment and rate to see the monthly mortgage payment on the average Marine Park-Mill Basin-Bergen Beach home.

Your monthly mortgage payment in Marine Park-Mill Basin-Bergen Beach$4,772$2,728 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 Marine Park-Mill Basin-Bergen Beach

How much have Marine Park-Mill Basin-Bergen Beach home prices changed since 2019?

On our own index, Marine Park-Mill Basin-Bergen Beach home prices rose about 37% from 2019 to 2025, against about 22% for Brooklyn as a whole. We rate the figure medium confidence. The average sale went from $736,056 to $934,006.

How much does it cost to buy a home in Marine Park-Mill Basin-Bergen Beach?

The average Marine Park-Mill Basin-Bergen Beach home sold for $934,006 in 2025. With 20% down, $186,801, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $4,772 before taxes and insurance.

What income do you need to buy in Marine Park-Mill Basin-Bergen Beach?

About $191,000 a year for the average Marine Park-Mill Basin-Bergen Beach home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $112,000 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 Marine Park-Mill Basin-Bergen Beach changed since 2019?

The monthly mortgage payment on the average Marine Park-Mill Basin-Bergen Beach home rose $1,981, from $2,791 in 2019 to $4,772 in 2025. Higher prices added $881, and the higher mortgage rate, 3.94% to 6.60%, added $1,100.

How does Marine Park-Mill Basin-Bergen Beach compare with Brooklyn?

The monthly mortgage payment on the average Marine Park-Mill Basin-Bergen Beach home was $4,772 in 2025, lower than the $7,397 on the average Brooklyn home. Since 2019 it rose $1,981, 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.