East New York Housing Market Report May 2025•Kings County, New York

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Housing Prices in East New York, NY

How much do homes in East New York, NY cost?

Housing Market Conditions

Is East New York, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

East New York is a Buyer's Market

Difference Since May 2024

Since last year, East New York has remained a Buyer's Market.

Insight

East New York is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$670,000$429/SqFt
-$87,500
-11.6%

Based on all homes sold in the last 12 months

Insight

Homes in East New York have sold for 11.6% less than they did a year ago.

Summary: The median home sold price in East New York was $670,000 in May 2025, down 11.6% from last year, and the median price per square foot was $429.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$311.7K$289K
-7.3%
2$400K$392.5K
-1.9%
3$585K$597K
+2.1%
4$804.5K$600K
-25.4%
5$900K$930K
+3.3%

Summary: East New York housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -7.3%. The home price for 2 bedroom homes decreased by -1.9%. The home price for 3 bedroom homes increased by +2.1%. The home price for 4 bedroom homes decreased by -25.4%. The home price for 5 bedroom homes increased by +3.3%.

How does East New York, NY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

East New York, NY

Housing supply in East New York, NY

How many homes are available in East New York, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
131Last MonthMay 2025
1242 months agoApr 2025
+5.6 %
Change MoMApr – May

Summary: The East New York real estate market had 131 homes for sale in May 2025, a 5.6 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
15Last MonthMay 2025
112 months agoApr 2025
+36.4 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
155
0.0%
259
+80.0%
32125
+19.0%
41316
+23.1%
58076
-5.0%

Summary: East New York housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +80.0%. The inventory for 3 bedroom homes increased by +19.0%. The inventory for 4 bedroom homes increased by +23.1%. The inventory for 5 bedroom homes decreased by -5.0%.

Asking Price vs. Sold Price

How much do homes in East New York, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price2 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in East New York, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in East New York in May 2025, up by 36.4% month-over-month. Of the 15 sold homes, 67% were sold under asking, 13% were sold at asking, and and 20% were sold over asking.

Days on Market for East New York, NY

How long does it take to sell a home in East New York, NY?

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days4 Homes

Over 90 Days5 Homes

Insight

Many homes in East New York are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 15 homes were sold in East New York; 40% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
72 DaysThis YearMay 2025
94 Days1 year agoMay 2024
-22.7 %
Change YoYMay 2024 – May 2025

Summary: Homes in East New York had an average listing age of 72 days in May 2025, down by 22.7% compared to the previous year.

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Newest Listings in East New York, NY

What homes are available in East New York, NY?

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Nearby markets

Popular Cities with Homes for Sale in New York

MLS Disclaimers and Copyright

Based on information from OneKey MLS, Brooklyn MLS, and Real Estate Board of New York for the period 06/01/2023 - 06/01/2025

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/3/2025, 11:56:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2025 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/3/2025, 11:55:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX ©2025 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/3/2025, 11:55:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.