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Sunset Park (Central) home prices and affordability, 2019 to 2025

The average Sunset Park (Central) sale went from $1,082,256 in 2019 to $1,259,481 in 2025, and with higher mortgage rates, buying the average home there now takes $2,331 more a month.

Home prices, 2019 to 2025+28%Our own index, low confidence · Brooklyn +22%
Average sale, 2025$1,259,481was $1,082,256 in 2019
Monthly mortgage payment$6,435was $4,104 in 2019
Income to keep it under 30%$257,000was $164,000 in 2019

How prices moved

The average sale rose about 16%

The average Sunset Park (Central) sale went from $1,082,256 in 2019 to $1,259,481 in 2025, a rise of about 16%. The average Brooklyn sale rose about 31% over the same years.

Our own index puts the change at about 28%, 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
Sunset Park (Central)+28%
Brooklyn+22%
0%Our own index50%
Low confidence

What it costs to buy now

$2,331 more a month than in 2019

With 20% down on the average sale, the monthly mortgage payment went from $4,104 in 2019 to $6,435 in 2025. Higher prices added $789, and the higher mortgage rate, 6.60% against 3.94% added $1,542.

The 20% down payment grew from $216,451 to $251,896.

2019
$4,104
2025
$6,435
From higher prices $789From the higher rate $1,542

Compare the neighborhoods next door

  • Sunset Park (Central)low confidence

    Prices since 2019
    +28%
    Payment in 2025
    $6,435
    Rise a month
    +$2,331

  • Sunset Park (East)-Borough Park (West)low confidence

    Prices since 2019
    +51%
    Payment in 2025
    $5,739
    Rise a month
    +$1,500

  • Sunset Park (West)low confidence

    Prices since 2019
    +49%
    Payment in 2025
    $6,796
    Rise a month
    +$2,844

  • Borough Parklow confidence

    Prices since 2019
    +51%
    Payment in 2025
    $9,756
    Rise a month
    +$4,947
All Brooklyn neighborhoods

Your number

What would Sunset Park (Central) cost you?

Change the down payment and rate to see the monthly mortgage payment on the average Sunset Park (Central) home.

Your monthly mortgage payment in Sunset Park (Central)$6,435$1,065 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 Sunset Park (Central)

How much have Sunset Park (Central) home prices changed since 2019?

On our own index, Sunset Park (Central) home prices rose about 28% 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 $1,082,256 to $1,259,481.

How much does it cost to buy a home in Sunset Park (Central)?

The average Sunset Park (Central) home sold for $1,259,481 in 2025. With 20% down, $251,896, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $6,435 before taxes and insurance.

What income do you need to buy in Sunset Park (Central)?

About $257,000 a year for the average Sunset Park (Central) home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $164,000 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 Sunset Park (Central) changed since 2019?

The monthly mortgage payment on the average Sunset Park (Central) home rose $2,331, from $4,104 in 2019 to $6,435 in 2025. Higher prices added $789, and the higher mortgage rate, 3.94% to 6.60%, added $1,542.

How does Sunset Park (Central) compare with Brooklyn?

The monthly mortgage payment on the average Sunset Park (Central) home was $6,435 in 2025, lower than the $7,397 on the average Brooklyn home. Since 2019 it rose $2,331, 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.