Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Gowanus vs Wakefield

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Brooklyn|Bronx

Gowanus

Brooklyn

Wakefield

Bronx

How They Compare

For buyers focused on affordability, Wakefield has the lower median sale price at $699K vs $1.0M in Gowanus.

Investors analyzing rental yield will find Gowanus offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$1.0M
$699K
Median Rent
$5K
$2K
Active Listings
19
9
Avg Days on Market
43 days
0 days
YoY Price Change
+51.6%
+5.5%
Monthly Sales Volume
1
11

Detailed Comparison

MetricGowanusWakefield
Median Sale Price$1,045,000$699,000
Median Condo Price$775,000N/A
Median Co-op PriceN/AN/A
Median Rent$4,850$2,200
Active Listings199
Rental Inventory2955
Days on Market430
Price Cut Share15.8%43.8%
Monthly Sales Volume111
YoY Price Change+51.6%+5.5%
YoY Rent Change+7.8%+2.3%
YoY Inventory Change-38.7%+50.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Gowanus moved +51.6% over the past year, compared to +5.5% in Wakefield. The +51.6% gain in Gowanus reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Gowanus

Gowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.

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Wakefield

Wakefield features a mix of detached single-family Victorian homes and low-rise apartment buildings. Two-family brick houses define the architecture across the residential streets. The area is served by the 2 and 5 subway lines, providing transit access within the northern Bronx.

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Transit Access

Gowanus

No subway data available

Wakefield

No subway data available

Active Listings

Gowanus for sale

View all Gowanus listings

Wakefield for sale

View all Wakefield listings

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 last updated: 1/1/1970.

Frequently Asked Questions

Is Gowanus cheaper than Wakefield?
Wakefield is more affordable, with a median sale price of $699,000 vs $1,045,000 in Gowanus. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Gowanus or Wakefield?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Gowanus or Wakefield?
This depends on what type of home fits your household. Gowanus and Wakefield both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Gowanus or Wakefield?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Gowanus and Wakefield gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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