Community Corner

Carroll Gardens Has Highest Median Home Price in Brooklyn

Economists say the national home median listing price won't increase as rapidly as it did in 2013. Look at a map below of the median home listing price across town.

Newscruncher is a daily series that breaks down the characteristics of your town by the numbers. You can see more posts by clicking the Newscruncher link above the headline or by checking out our weekend roundups. If you see any technical issues with this map (like an "N/A" value on an important part of town), or if you'd like to suggest ideas for future Newscruncher articles, please email data@patch.com.

The map above shows a snapshot of the median home listing price across town.

As the recovery is underway, you can find evidence of the housing market bouncing back.

By December 2012, the national median home listing price rose to 180,000 from 179,000 in the start of the year. 

In 2013, the median listing price rapidly increased so that it was at $199,500 by September.

While economists suggest the increase will continue into this year, they say it will not surge up as rapidly as it had this between 2012-2013.

The data in this map are from Zillow, a real estate Web site. Using your cursor, you can hover over any area of town and see in the box in the upper right hand corner of the map the percentage of homes whose values increased there. Zillow is a Patch Partner.

What do you think explains the median listing price across town? Tell us in a comment or a blog post.


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