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25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn
Queens
For buyers focused on affordability, Flatlands has the lower median sale price at $425K vs $1.3M in Ridgewood.
Investors analyzing rental yield will find Flatlands offers a stronger rent-to-price ratio based on current market data.
| Metric | Flatlands | Ridgewood |
|---|---|---|
| Median Sale Price | $425,000 | $1,325,000 |
| Median Condo Price | N/A | N/A |
| Median Co-op Price | N/A | N/A |
| Median Rent | $2,250 | $3,385 |
| Active Listings | 41 | 36 |
| Rental Inventory | 8 | 206 |
| Days on Market | 0 | 86.5 |
| Price Cut Share | 14.6% | 19.4% |
| Monthly Sales Volume | 6 | 8 |
| YoY Price Change | -38.3% | +43.2% |
| YoY Rent Change | -2.2% | +5.8% |
| YoY Inventory Change | +46.4% | -5.3% |
| Subway Lines | N/A | N/A |
Prices in Flatlands moved -38.3% over the past year, compared to +43.2% in Ridgewood. Ridgewood is seeing price appreciation while Flatlands has softened, pointing to different supply-demand dynamics in each market.
Flatlands is a southeastern Brooklyn neighborhood of single-family detached homes, two-family brick houses, and low-rise apartment buildings on a flat grid of residential streets. The B/Q trains at the Kings Highway and Avenue U stations serve the western portion, and local buses provide additional connections. Floyd Bennett Field, the city's first municipal airport and now a national recreation area, borders the southern edge.
View Full Market ReportRidgewood features orderly blocks of brick and limestone rowhouses, prewar tenements with decorative cornices, and multi-family buildings constructed between 1905 and 1925, making it one of Queens' most architecturally consistent neighborhoods. The M train runs through the heart of the area with stops at Seneca Avenue, Forest Avenue, and Fresh Pond Road, while the L train connects at Myrtle-Wyckoff Avenues. Highland Park and Ridgewood Reservoir border the neighborhood to the south, and the Vander Ende-Onderdonk House, an 18th-century landmark, marks the historic Queens-Brooklyn boundary.
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.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.
