Brooklyn
Bronx
For buyers focused on affordability, Norwood has the lower median sale price at $520K vs $1.9M in DUMBO.
Investors analyzing rental yield will find Norwood offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in DUMBO, which is served by 6 subway lines compared to 0 in Norwood.
| Metric | DUMBO | Norwood |
|---|---|---|
| Median Sale Price | $1,950,000 | $520,000 |
| Median Condo Price | $1,950,000 | N/A |
| Median Co-op Price | N/A | N/A |
| Median Rent | $6,250 | $2,095 |
| Active Listings | 93 | 11 |
| Rental Inventory | 149 | 13 |
| Days on Market | 89 | 0 |
| Price Cut Share | 6.5% | 0.0% |
| Monthly Sales Volume | 4 | 1 |
| YoY Price Change | +3.4% | 0.0% |
| YoY Rent Change | +17.9% | -4.6% |
| YoY Inventory Change | +1.1% | +120.0% |
| Subway Lines | 2 3 A C F R | N/A |
Prices in DUMBO moved +3.4% over the past year, compared to 0.0% in Norwood. The +3.4% gain in DUMBO reflects stronger buyer demand relative to available inventory in that market.
DUMBO (Down Under the Manhattan Bridge Overpass) sits between the Brooklyn and Manhattan Bridges along the East River waterfront, with a 95-building historic district of converted industrial warehouses. The housing market features spacious loft residences with exposed brick and high ceilings alongside modern luxury condominiums with skyline and waterfront views, served by the F train at York Street and the A and C at High Street. Brooklyn Bridge Park stretches along the waterfront with piers, playgrounds, and Jane's Carousel.
View Full Market ReportNorwood features a dense residential grid of five- and six-story prewar apartment buildings in Art Deco, Tudor Revival, and neo-Renaissance styles, alongside brick rowhomes and tree-lined side streets in the north-central Bronx. The D train at Norwood-205th Street and the 4 train at Mosholu Parkway provide express service to Manhattan. The neighborhood is framed by Van Cortlandt Park to the north, the New York Botanical Garden to the east, and the landscaped Mosholu Parkway connecting them.
View Full Market ReportYork St (F) — 0.2 mi
High St (A C) — 0.3 mi
Clark St (2 3) — 0.5 mi
Court St (R) — 0.7 mi
East Broadway (F) — 0.7 mi
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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