According to PropertyShark’s newly released Q1 2026 report on New York City’s 50 most expensive neighborhoods, Carroll Gardens and DUMBO are ranking within the top 10!
The Borough-Wide Picture: While New York City’s overall median sale price climbed 4% year-over-year to $800,000, Brooklyn continues to pace ahead of the city average. The borough’s median sale price inched up 2% year-over-year, landing at $875,000. Brooklyn dominated a huge portion of the citywide list, placing 22 different neighborhoods in the top 50. Overall, prices rose in 15 of our local neighborhoods.
Carroll Gardens took the crown as Brooklyn’s priciest neighborhood (and the 7th most expensive in the entire city). Driven by a wave of luxury family-sized homes—including two single-family houses that sold for over $5 million—the neighborhood’s median price jumped a staggering 67% year-over-year to hit $2.31 million.
Carrol Gardens (+80% Y-o-Y), Boerum Hill (+67% Y-o-Y) and DUMBO (+63% Y-o-Y) logged three of the sharpest sales increases among the city’s top neighborhoods.
Cobble Hill (-37% Y-o-Y) and Williamsburg (-28% Y-o-Y) had some of the most significant median sale price drops of the city’s leading neighborhoods.
Read more here.
