Sunset Park (East)-Borough Park (West) home prices and affordability, 2019 to 2025
The average Sunset Park (East)-Borough Park (West) sale went from $1,118,004 in 2019 to $1,123,217 in 2025, and with higher mortgage rates, buying the average home there now takes $1,500 more a month.
How prices moved
The average sale rose about 1%
The average Sunset Park (East)-Borough Park (West) sale went from $1,118,004 in 2019 to $1,123,217 in 2025, a rise of about 1%. The average Brooklyn sale rose about 31% over the same years.
Our own index measures Sunset Park (East)-Borough Park (West) together with Borough Park and Kensington, so the figure covers all three. That figure is about 51%, 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 neighborhoodWhat it costs to buy now
$1,500 more a month than in 2019
With 20% down on the average sale, the monthly mortgage payment went from $4,239 in 2019 to $5,739 in 2025. Higher prices added $23, and the higher mortgage rate, 6.60% against 3.94% added $1,477.
The 20% down payment grew from $223,601 to $224,643.
Compare the neighborhoods next door
Sunset Park (East)-Borough Park (West)low confidence
- Prices since 2019
- +51%
- Payment in 2025
- $5,739
- Rise a month
- +$1,500
Sunset Park (Central)low confidence
- Prices since 2019
- +28%
- Payment in 2025
- $6,435
- Rise a month
- +$2,331
Borough Parklow confidence
- Prices since 2019
- +51%
- Payment in 2025
- $9,756
- Rise a month
- +$4,947
Sunset Park (West)low confidence
- Prices since 2019
- +49%
- Payment in 2025
- $6,796
- Rise a month
- +$2,844
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Create a free accountA 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 (East)-Borough Park (West)
How much have Sunset Park (East)-Borough Park (West) home prices changed since 2019?
On our own index, Sunset Park (East)-Borough Park (West) home prices rose about 51% 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 $1,118,004 to $1,123,217.
How much does it cost to buy a home in Sunset Park (East)-Borough Park (West)?
The average Sunset Park (East)-Borough Park (West) home sold for $1,123,217 in 2025. With 20% down, $224,643, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $5,739 before taxes and insurance.
What income do you need to buy in Sunset Park (East)-Borough Park (West)?
About $230,000 a year for the average Sunset Park (East)-Borough Park (West) home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $170,000 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 (East)-Borough Park (West) changed since 2019?
The monthly mortgage payment on the average Sunset Park (East)-Borough Park (West) home rose $1,500, from $4,239 in 2019 to $5,739 in 2025. Higher prices added $23, and the higher mortgage rate, 3.94% to 6.60%, added $1,477.
How does Sunset Park (East)-Borough Park (West) compare with Brooklyn?
The monthly mortgage payment on the average Sunset Park (East)-Borough Park (West) home was $5,739 in 2025, lower than the $7,397 on the average Brooklyn home. Since 2019 it rose $1,500, 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.