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25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn
Queens
For buyers focused on affordability, Canarsie has the lower median sale price at $780K vs $1.2M in Hillcrest.
Investors analyzing rental yield will find Canarsie offers a stronger rent-to-price ratio based on current market data.
| Metric | Canarsie | Hillcrest |
|---|---|---|
| Median Sale Price | $780,000 | $1,200,000 |
| Median Condo Price | $230,000 | $588,000 |
| Median Co-op Price | $220,000 | N/A |
| Median Rent | $3,450 | $3,295 |
| Active Listings | 78 | 11 |
| Rental Inventory | 25 | 4 |
| Days on Market | 91 | 61 |
| Price Cut Share | 10.3% | 27.3% |
| Monthly Sales Volume | 13 | 3 |
| YoY Price Change | +2.6% | +32.3% |
| YoY Rent Change | +27.8% | +3.0% |
| YoY Inventory Change | -17.0% | +120.0% |
| Subway Lines | N/A | N/A |
Prices in Canarsie moved +2.6% over the past year, compared to +32.3% in Hillcrest. The +32.3% gain in Hillcrest reflects stronger buyer demand relative to available inventory in that market.
Canarsie is a residential Brooklyn neighborhood where the L train terminates at Rockaway Parkway, connecting residents to Williamsburg and Manhattan's 14th Street corridor. The housing stock spans single-family detached homes, mid-century split-levels, brick rowhouses, and low-rise condominiums on tree-lined streets. The 132-acre Canarsie Park and Canarsie Pier on Jamaica Bay provide extensive waterfront recreation, sports fields, and fishing access along the neighborhood's southern edge.
View Full Market ReportHillcrest is a hilly residential Queens neighborhood of brick Tudor and Colonial homes, garden-apartment cooperatives, and mid-rise condominium buildings along the spine of the Jamaica Hills ridge. The F train at Parsons Boulevard and 169th Street stations provides subway access, and local buses connect to Jamaica Center. St. John's University campus borders the neighborhood to the north.
View Full Market ReportNo subway data available
No subway data available
Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.
From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Canarsie and Hillcrest both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.
Outer-borough submarkets including Canarsie and Hillcrest generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.
Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.
| Metric (2026) | Canarsie | Hillcrest |
|---|---|---|
| Median Sale Price | $780,000 | $1,200,000 |
| Median Rent | $3,450/mo | $3,295/mo |
| Year-over-Year Price Change | +2.6% | +32.3% |
| Average Days on Market | 91 days | 61 days |
| Distance to Nearest Subway | N/A | N/A |
Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.
Data updated: