Brooklyn
Queens
For buyers focused on affordability, Bay Ridge has the lower median sale price at $515K vs $548K in Jamaica.
Investors analyzing rental yield will find Jamaica offers a stronger rent-to-price ratio based on current market data.
| Metric | Bay Ridge | Jamaica |
|---|---|---|
| Median Sale Price | $515,000 | $547,500 |
| Median Condo Price | $253,500 | N/A |
| Median Co-op Price | $359,000 | N/A |
| Median Rent | $2,385 | $2,840 |
| Active Listings | 190 | 26 |
| Rental Inventory | 176 | 255 |
| Days on Market | 68 | 0 |
| Price Cut Share | 14.7% | 3.8% |
| Monthly Sales Volume | 25 | 12 |
| YoY Price Change | -52.1% | +4.3% |
| YoY Rent Change | -0.6% | -9.1% |
| YoY Inventory Change | +6.1% | +44.4% |
| Subway Lines | N/A | N/A |
Prices in Bay Ridge moved -52.1% over the past year, compared to +4.3% in Jamaica. Jamaica is seeing price appreciation while Bay Ridge has softened, pointing to different supply-demand dynamics in each market.
Bay Ridge is a historic neighborhood in Southwest Brooklyn with views of the Verrazzano-Narrows Bridge and New York Harbor. Commercial corridors along 3rd and 5th Avenues run through the area, and the housing stock includes historic row houses, pre-war cooperatives, and modern condominiums, with Shore Road Park and the waterfront promenade to the west.
View Full Market ReportJamaica is a major commercial and transportation hub in central Queens, featuring a mix of prewar apartment buildings, new construction condominiums, and single-family homes radiating from the Jamaica Center transit hub. The E/J/Z trains, LIRR Jamaica station, and AirTrain JFK converge here, making it one of the best-connected neighborhoods in the city. The downtown area is undergoing significant new residential and commercial development.
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 last updated: 1/1/1970.
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