$4.075M
Median Single-Family
Q2 2026 · +17% year over year
$3.855M
Median Multi-Family
Q2 2026 · 30 closings
$1,443
Single-Family Price / Sq Ft
+17% year over year
44
Q2 Townhouse Closings
Up from 27 a year ago
Q2 2026 Update · Updated October 2026
What the Q2 numbers say
Carroll Gardens, Boerum Hill and Red Hook had one of Brooklyn's strongest quarters. Townhouse closings rose from 27 to 44, and prices rose with them.
Single-family houses sold at a median of $4.075M, up 17% from a year ago, and price per square foot rose 17% to $1,443. Two- to four-family houses sold at a median of $3.855M, about level with a year ago but up 23% from the first quarter, and their price per square foot rose 19% to $1,300.
More sales at higher prices per square foot means buyers are competing for the houses that come up. Well-prepared Carroll Gardens townhouses are selling into strong demand.
Market Overview
The Carroll Gardens Townhouses Market
Carroll Gardens has one of the lowest inventory levels in all of brownstone Brooklyn. The neighborhood's Federal and Italianate rowhouses — particularly those with the distinctive deep front gardens — rarely come to market, and when they do, well-priced properties attract immediate attention from buyers who have often been waiting for years.
What's Moving
What Sells Quickly
The deep-front-garden townhouses between Smith and Henry Streets are the most coveted. Federal-style rowhouses with original architectural detail and usable outdoor space achieve the strongest prices. Owner-occupant buyers dominate this market — they're looking for homes, not investments.
What Sits
Properties on the BQE-adjacent western blocks face a discount due to noise. Properties with deferred maintenance or poor-quality renovations attract skeptical buyers in a neighborhood where the standard is high. Overpricing in a market with sophisticated, patient buyers leads to extended market time.
Source
Data from The Corcoran Group Second Quarter 2026 Brooklyn Townhouse Report (closings April–June 2026). The report covers arms-length single-family and 2–4 family townhouse sales; submarkets are grouped by zip code and may not match neighborhood boundaries exactly. Carroll Gardens, Boerum Hill & Red Hook submarket (zip codes 11231, 11217). Single-family: 14 closings, median $4.075M, average $4.628M, average $1,443 per square foot. Multi-family (2–4 residences): 30 closings, median $3.855M, average $4.186M, average $1,300 per square foot. Across Brooklyn, 273 townhouses closed in the second quarter, up 35% from a year ago. The borough-wide single-family median was $3.100M (up 11%) and the multi-family median was $2.200M (up 2%).
Value Drivers
What Affects Carroll Gardens Prices
Deep Garden vs Standard
The defining Carroll Gardens premium is the deep front yard. Full deep-garden properties command premiums of $200K+ over standard-lot properties on comparable blocks.
Block Location
The deepest gardens and best blocks between Smith and Henry Streets command the strongest values. BQE proximity on western blocks creates meaningful discounts.
Federal vs Italianate
Both architectural styles trade well, but the condition and integrity of the original style matters to buyers who are buying for the architecture.
Outdoor Space Quality
Garden culture is central to Carroll Gardens identity. Well-maintained front and rear gardens meaningfully affect buyer interest and offer prices.
Omari Toomer · Corcoran