Brooklyn property values jump 27% as median home sale price hits $196,000
Brooklyn's total property valuation rose 27% to $430.6 million in 2025. This growth was fueled by rising home prices and more than $25 million in new developments. The median home sale price in the area has reached $196,000.
Brooklyn saw a 27% jump in total assessed valuation in 2025, reaching $430.6 million, driven by rising home prices and over $25 million in new development activity.
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