One hundred twenty-five homes closed in Crown Heights between April and June, and the neighborhood's two dominant property types landed on the exact same median: $1,450,000 for a condo, $1,450,000 for a house. What separates them is everything else. Condos went to contract in 40 days at the median and 64% cleared asking. Houses took 55 days and gave back close to 6% at the table. Across all 125 sales the median was $1,400,000, the typical listing reached contract in about 44 days, and 53% of sales closed at or above ask (Compass closed-sales records, Q2 2026). This is the monthly Crown Heights market report, refreshed as new closings record; the borough-wide picture lives in our Brooklyn market report.
What sold, and for how much
Condos led on volume with 65 of the 125 sales and set the pace for the whole neighborhood. Houses ran a close second at 49, and co-ops accounted for the remaining 11, the affordability lane at a $500,000 median.
Property type | Sales (Q2) | Median sale price | Average sale price | Avg. price per sq ft | Median days on market | Avg. vs ask | At or above ask |
|---|---|---|---|---|---|---|---|
Condos | 65 | $1,450,000 | $1,421,661 | $1,365 (65 reporting) | 40 (47 reporting) | +1.1% | 64% (47 reporting) |
Houses | 49 | $1,450,000 | $1,702,817 | $581 (46 reporting) | 55 (20 reporting) | -5.8% | 26% (19 reporting) |
Co-ops | 11 | $500,000 | $457,455 | $637 (7 reporting) | 73 (9 reporting) | -1.5% | 56% (9 reporting) |
The two medians match at $1,450,000, but the price per foot tells you what you are actually buying. Condos ran $1,365 a square foot, more than double the $581 houses posted, which is what happens when newer, smaller, better-finished units trade against century-old buildings sold whole. Houses carry the higher average, $1,702,817 against $1,421,661 for condos, because the top of the house market pulls further. The quarter's highest sale was 966 Bergen Street, a 5,164-square-foot house that closed at $4,200,000 after 198 days on the market.
Where the money went
Crown Heights is a broad market, not a narrow one. 31% of sales closed under $1,000,000, another 30% between $1,000,000 and $1,500,000, 19% between $1,500,000 and $2,000,000, 17% between $2,000,000 and $3,000,000, and 2% above $3,000,000 (Compass closed-sales records, Q2 2026). That is a wider spread than most neighborhoods we track, and it comes straight from the mix of stock: co-ops and one-bedroom condos at one end, whole brownstones at the other. By bedroom count, one-bedrooms ran a $575,000 median across 13 sales, two-bedrooms $1,452,036 across 38, and three-bedrooms $2,036,500 across 13. The five- and six-bedroom medians sit below the three-bedroom number, which is a sample-size artifact off eight and twelve sales rather than a real inversion.
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Pace and negotiation
Pace splits sharply by property type, and it is the single most useful thing to know before you make an offer here. Among the 76 sales reporting marketing time, 34% went to contract inside 30 days, 24% took 30 to 60, 17% ran 60 to 89, and 25% sat past 90 (Compass closed-sales records, Q2 2026). That last quarter is almost entirely houses. Condos moved at a 40-day median with 64% clearing ask, while houses ran 55 days and only 26% cleared it, closing close to 6% under ask on average. Apartment buyers here are competing; house buyers are negotiating.
For buyers right now
Decide which of the two Crown Heights markets you are in before you write an offer, because the leverage is opposite. On the condo side, 64% of sales cleared asking and the median went to contract in 40 days, so come underwritten and keep your terms clean; in that lane, waiting for a better number usually means losing the unit. On the house side, the typical sale closed close to 6% under ask and a quarter of inventory ran past 90 days, which is room to negotiate and time to use the inspection. If you are buying a brownstone, most of which trade here as two- to four-family buildings, underwrite it as a building: rent roll, leases, certificate of occupancy, and any open violations belong in diligence, with a real estate attorney reading the leases.
For sellers right now
Price to your property type, not to the neighborhood median, because the two move differently. Condos priced to recent comps are clearing ask more than three-fifths of the time and going to contract in under six weeks. Houses are the patient side of this market: the ones that came out ahead of their comps averaged close to 6% back at the table and often two months or more of market time. The quarter's top sale sat 198 days before it closed. Your first two weeks of exposure decide most of the outcome, so come to market documented, photographed, and priced to what actually closed this quarter.
Questions buyers and sellers ask
Quick answers on the Crown Heights housing market, straight from the Q2 closed-sales record.
How much does a home in Crown Heights cost?
The median Q2 2026 sale was $1,400,000 across 125 closings. Condos and houses both ran a $1,450,000 median, and co-ops came in at $500,000 (Compass closed-sales records, Q2 2026).
Can you buy in Crown Heights for under $1 million?
Yes. 31% of the quarter's 125 sales closed under $1,000,000, most of them co-ops and one-bedroom condos.
How much is a Crown Heights brownstone?
The 49 house sales in Q2 2026 posted a $1,450,000 median at an average of $581 per square foot, with the average sale at $1,702,817. The quarter's top sale, 966 Bergen Street, closed at $4,200,000.
How long does it take to sell a home in Crown Heights?
The median listing reached contract in about 44 days among the 76 sales reporting marketing time. Condos moved faster than houses, 40 days against 55 at the median, and a quarter of all sales ran past 90 days.
What are property taxes like in Crown Heights?
Among Q2 sales recording a tax bill, the median was about $705 a month on condos across 53 sales and about $421 a month on houses across 30. Co-op taxes are paid through the building inside monthly maintenance rather than as a separate bill. Tax treatment varies by property class, assessment history, and any abatement on the building, so check the actual bill on any specific address.
Fouad Rahmé
Founder, the Rahmé Team at Compass
The Rahmé Team advises buyers, sellers, investors, and developers across Brooklyn, with 40 years of combined experience, more than 1,000 clients and transactions, and over $800 million in career sales, $167 million of it since 2020. RealTrends Verified ranks the team in the top 1.5% of real estate professionals nationwide. Every number on this page comes from closed-sales records the team pulls and computes itself.
Contact the team or call (718) 233-3365.
What would your home sell for right now?
The Rahmé Team at Compass tracks Crown Heights closings block by block, and on 125 quarterly sales a neighborhood median cannot price your building, your layout, or your rent roll. Call (718) 233-3365 or contact us with the address. The borough-wide numbers live in the Brooklyn market report.
All figures Q2 2026, computed from Compass closed-sales records pulled August 5, one record per sale, condos, co-ops, and houses only. Days on market and at-or-above shares cover the 75 sales reporting an asking price; price per square foot covers the 118 sales reporting size; bedroom medians cover sales reporting a bedroom count. With 125 sales in the quarter, neighborhood-level figures move with a small number of closings, which is why the reporting count sits next to every subset. Sales at or under $50,000 and recorded parking or storage units sit out of the averages while still counting toward every median and sale count.
Next update: September 2026, once August's closings post.
