Flatbush recorded 15 qualifying closed residential sales in August 2026, split between seven single-family and multi-family home transactions and eight co-operative apartment closings, with no condominium 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 Flatbush 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 split between seven single-family and multi-family home closings and eight co-op closings. No condominium 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 |
|---|---|---|---|---|---|---|
Single-Family / Multi-Family | 7 | $1,151,000 | $890,000 | $423 | 53 | +3.8% |
Co-operative Apartments | 8 | $371,000 | $342,500 | $425 | 81 | -1.3% |
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Single-family and multi-family homes
The single-family and multi-family segment recorded seven closed sales in August 2026, with a median sale price of $890,000 and an average of $1,151,000. The wide spread between median and average reflects a handful of higher-priced multi-family transactions pulling the average up while most closings were concentrated below the million-dollar mark. Average price per square foot came in at $423, and average days on market was approximately 53 days. Notably, buyers in this segment purchased above asking price on average — closings recorded approximately 3.8% above list, reflecting competitive bidding for well-priced single-family inventory in Flatbush.
Flatbush's single-family stock spans a range of sizes and conditions, from modest two-family homes to larger multi-unit properties. At the lower end of the month's activity, a two-family home under $400,000 provided an accessible entry into ownership; at the upper end, two-family townhouses exceeded $2.3 million. This spread underscores the neighborhood's diversity of housing stock.
Co-operative apartments
The co-op market was the most active segment in Flatbush in August 2026, recording eight closings with a median sale price of $342,500 and an average of $371,000. Average price per square foot for co-ops was approximately $425, and average days on market was 81 days, reflecting a more deliberate pace in this segment — typical for co-ops given board approval timelines. Sale prices were slightly below asking, averaging approximately -1.3% from list price.
Co-ops in Flatbush represent some of Brooklyn's most accessible ownership opportunities. With medians near $340,000 and prices per square foot well below the broader Brooklyn market, Flatbush co-ops continue to attract first-time buyers and value-focused investors looking for stable, established buildings.
Market takeaways
August 2026 confirmed Flatbush as one of Brooklyn's more bifurcated markets, with a clear divide between owner-occupant-driven single-family demand and the steady, value-oriented co-op market. The single-family segment's +3.8% above-ask average signals genuine competition for well-priced homes. The co-op segment moved more slowly at 81 days on market, consistent with co-op board timelines and the deliberate nature of co-op transactions.
The absence of condominium activity in August 2026 is consistent with the neighborhood's housing stock, which skews heavily toward older co-op buildings and attached single-family or two-family homes rather than new development condos.
For buyers right now
Flatbush's 15 qualifying closings in August 2026 point to a market that rewards preparation. In the single-family segment, buyers competed above asking price, which means arriving with pre-approval and a clear picture of comparable sales is essential before making an offer. The $890,000 median for single-family homes reflects a significant range — from sub-$400,000 two-families to $2.3 million multi-units — so zeroing in on the specific subtype and block matters. For co-op buyers, build in time for board approval and co-op board financials review; the 81-day average on market means the process does not move quickly, and a clean financial profile accelerates it.
For sellers right now
Single-family sellers in Flatbush had a strong August 2026 — with closings averaging 3.8% above list, well-priced properties found competitive buyers quickly. Accurate pricing relative to recent comparable sales, not aspirational pricing, is what generates that kind of result. Co-op sellers should plan for longer timelines and price with board approval requirements in mind; buyers in this segment are price-sensitive and well-informed on the co-op building's finances.
Questions buyers and sellers ask
How much does a home in Flatbush cost?
The August 2026 market recorded 15 qualifying closings. Single-family and multi-family homes posted an $890,000 median and a $1,151,000 average; co-op apartments posted a $342,500 median and a $371,000 average (Compass closed-sales records, August 2026).
What does a house cost in Flatbush?
The seven single-family and multi-family closings in August 2026 posted an $890,000 median at an average of $423 per square foot. Flatbush's housing stock spans a wide range from modest two-families to larger multi-unit homes.
What does a co-op cost in Flatbush?
The eight co-op closings in August 2026 posted a $342,500 median at an average of $425 per square foot, making Flatbush co-ops among the most competitively priced ownership options in Brooklyn.
How long does it take to sell a home in Flatbush?
Average days on market in August 2026 was approximately 53 days for single-family and multi-family homes and 81 days for co-ops. Co-op timelines typically include board review, which adds several weeks to the process.
Is Flatbush a good place to buy a co-op?
Flatbush has one of Brooklyn's more active co-op markets, with eight closings in August 2026 and median prices near $342,500. For buyers seeking affordable ownership in an established neighborhood, Flatbush co-ops offer value that is increasingly difficult to find in prime brownstone neighborhoods.
What would your home sell for right now?
With 15 qualifying sales split across two very different property types, a neighborhood-wide figure cannot tell you what your specific home is worth. The Rahmé Team tracks Flatbush 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 August 2026, computed from Compass closed-sales records, one record per sale, single-family homes, multi-family homes of up to three units, 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.
