Crown Heights recorded 31 qualifying closed residential sales in August 2026, divided between townhouses and condominiums. The month's activity split between 17 townhouse and multi-family transactions and 14 condominium closings, with no co-op sales recorded during the period.
Methodology: This report covers residential sales of single-family and multi-family homes of up to three units, condominiums, and co-operative apartments closed in Crown Heights during August 2026, sourced from Compass closed-sales data. It excludes commercial properties, buildings of four or more units, land, mixed-use properties, closings outside of August 2026, sales below $100,000, and units under 200 square feet. All statistics reflect qualifying residential transactions only.
What sold, and for how much
The month's activity was split between 17 townhouse and multi-family transactions and 14 condominium closings. No co-op sales were recorded during the period.
Property type | Sales (Aug 2026) | Avg. sale price | Median sale price | Avg. price per sq ft | Avg. days on market | Avg. discount from ask |
|---|---|---|---|---|---|---|
Townhouses / Multi-Family | 17 | $1,962,000 | $1,895,000 | $639 | 79 | -9.0% |
Condominiums | 14 | $1,200,000 | $1,275,000 | $1,147 | 67 | -0.2% |
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Townhouses and multi-family homes
The townhouse and multi-family segment saw 17 closed sales in August 2026, with a median sale price of $1,895,000 and an average price per square foot of $639. Average days on market came in at approximately 79 days for properties where that data was available, reflecting a range of conditions from quick turnarounds to longer-held inventory. Sale prices ranged broadly from $350,000 to over $4.1 million, underscoring the variety of building sizes and conditions within Crown Heights' brownstone stock.
Notable transactions included 681 Saint Marks Avenue, a six-bedroom multi-family townhouse of 4,500 square feet that closed at $3,250,000 ($722 per square foot) after 69 days on market. 929 Saint Marks Avenue, also a multi-family townhouse at 4,380 square feet, sold for $2,880,000 ($658 per square foot) after just 13 days. 352 New York Avenue, a six-bedroom single-family townhouse of 3,381 square feet, sold for $2,075,000 ($614 per square foot) after 120 days. At the more accessible end of the market, 1588 Lincoln Place, a 1,200-square-foot multi-family home in the Weeksville neighborhood, closed at $758,000 ($421 per square foot) after 98 days, representing an entry point into the neighborhood's freestanding home market.
Condominiums
The condominium market was active in August 2026, with 14 qualifying closed sales and a median sale price of $1,275,000. The average price per square foot for condos with available square footage data was $1,147, reflecting the premium that newer and boutique condominium buildings command in Crown Heights. Average days on market for condos was approximately 67 days.
The month's condo activity was anchored by strong closings at 820 Classon Avenue, where two units, Unit 4F at $1,875,000 and Unit 5F at $1,900,000, traded within a day of each other, possibly reflecting coordinated sponsor unit closings. 805 Washington Avenue, Unit 3B, sold at $1,750,000 ($1,520 per square foot) after just 13 days on market, among the fastest closings of the month. 701 Prospect Place, Unit 502, closed at $1,898,564 ($1,467 per square foot), while 800 Dean Street's garden-level unit sold for $1,800,422 ($1,041 per square foot) after 77 days. On the more affordable end, 1226 Saint Marks Avenue in Weeksville saw a studio close at $400,000 and a one-bedroom at $448,188, providing options for buyers seeking lower price points close to the Eastern Parkway corridor.
Market takeaways
August 2026 reinforced Crown Heights as one of Brooklyn's most dynamic residential markets. The neighborhood's combination of classic brownstone multi-family homes, new boutique condominiums, and relatively accessible price points continues to attract a broad range of buyers, from investors acquiring multi-family income properties to owner-occupants seeking modern condo living near Prospect Park and the Brooklyn Museum.
The condo segment's average price per square foot of $1,147 reflects the quality and finish level of newer development in the neighborhood. The townhouse and multi-family segment's wide price spread, from under $400,000 to over $4 million, highlights the opportunity that exists across different property conditions and investor profiles. With average days on market in the high 60s to high 70s across both segments, Crown Heights is moving at a measured but consistent pace, neither overheated nor stagnant.
For buyers and sellers navigating the Crown Heights market, understanding these nuances at the property-type level is essential. Whether you are evaluating a brownstone investment, a boutique condo purchase, or a family home, the data from August 2026 provides a clear picture of where the market stands heading into fall.
For buyers right now
Crown Heights posted 31 closings in August across two property types. With townhouses averaging 79 days on market, buyers generally had more time to evaluate properties than the condo figures would suggest, though individual listings varied considerably. Buyers who have done their homework on comparable sales in the last 90 days will be better positioned to assess value. The condo segment moved faster at 67 days average; at $1,147 per square foot, boutique condominiums in this neighborhood carry a meaningful premium. In both segments, pre-approval and proof of funds in hand before the offer improves a buyer's position.
For sellers right now
At 31 qualifying closings, August was a measured month for Crown Heights. Townhouse sellers saw an average of 79 days on market, signaling a selective market. Buyers are active but disciplined. The $1,895,000 townhouse median covers a wide range of sizes and conditions; what any individual property commands depends on its rent roll, condition, and comparable closed sales. Condo sellers had a faster market at 67 days average and a $1,147 per square foot average that rewards units in move-in condition.
Questions buyers and sellers ask
How much does a home in Crown Heights cost?
The August 2026 market recorded 31 qualifying closings. Townhouses and multi-family homes posted a $1,895,000 median and a $1,962,000 average; condos posted a $1,275,000 median and a $1,200,000 average (Compass closed-sales records, August 2026).
What does a townhouse cost in Crown Heights?
The 17 townhouse and multi-family closings in August 2026 posted a $1,895,000 median at an average of $639 per square foot. Crown Heights brownstones span a wide range based on size, condition, and number of rental units.
What does a condo cost in Crown Heights?
The 14 condo closings in August 2026 posted a $1,275,000 median at an average of $1,147 per square foot, reflecting the premium for newer boutique buildings in the neighborhood.
How long does it take to sell a home in Crown Heights?
Average days on market in August 2026 was approximately 79 days for townhouses and multi-family homes and 67 days for condos. Properties priced at recent comps moved faster; those priced above the market took significantly longer.
Is Crown Heights a good place to buy a multi-family home?
Crown Heights has a smaller monthly transaction count than neighboring Bed-Stuy (17 townhouse closings vs. 42 in August), which means each available property draws more focused buyer attention. For investors and owner-occupants alike, the lower volume creates opportunities when well-priced properties come to market.
What would your home sell for right now?
With only 31 qualifying sales and significant differences between property types, a neighborhood-wide figure cannot tell you what your specific home is worth. The Rahmé Team tracks Crown Heights closings building by building. Call (718) 233-3365 or contact us with the 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. RealTrends Verified ranks the team in the top 1.5% of real estate professionals nationwide.
Contact the team or call (718) 233-3365.
All figures are for August 2026, computed from Compass closed-sales records, one record per sale, single-family homes, multi-family homes of up to three units, condominiums, and co-operative apartments only. Excludes commercial properties, buildings of four or more units, land, mixed-use properties, sales under $100,000, and units under 200 square feet. Next update: October 2026, once September's closings post.
