Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Carroll Gardens

Brooklyn · New York, NY

34 active listings · Median $2.8M

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Market Pulse — Carroll Gardens

What defines this market

A primarily condo submarket with strong rent growth, rising sale prices, and sale listings clearing quickly.

Best for

value buyersfast-movingcondo-dominantappreciating sale prices

Median asking rent in Carroll Gardens is $4,998/month, $503 below the 5-year high set in Feb 2026. Rents are up +11.1% year over year and +92.2% over the past 5 years. Median sale price stands at $2.77M, 23.4% below the 5-year high recorded in Sep 2024. Sale listings are clearing 26 days faster than at this point last year.

Rental snapshot

  • Median asking rent: $4,998/month ($503 below the 5-year high in Feb 2026)
  • Year-over-year rent change: +11.1%
  • 5-year rent change: +92.2%
  • Active rental listings: 112

For-sale snapshot

  • Median sale price: $2.77M (23.4% below the 5-year high in Sep 2024)
  • Median days on market (sale): 31.5 days (26 days faster than a year ago)
  • Active for-sale listings: 39 (-4.9% YoY)
  • Active listings with a price cut: 5.1%
  • Recent monthly closed sales: 8

Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.

Source: StreetEasy market data, through Mar 2026.

About Carroll Gardens

Carroll Gardens is defined by its deep front gardens and long-standing bakeries and restaurants along Court and Smith Streets. The real estate market features wide historic brownstones alongside new construction condominiums that maintain the low-rise building scale.

Quick Facts

BoroughBrooklyn
Zip Code11231
SubwayBus service
Building TypesCondos, Townhouses/Brownstones, New construction

Transit, Schools & Commute

Subway Lines:

Stations: Bus service available

Midtown: 32 min (2 express from Borough Hall)


Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
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+28.8% YoY
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+11.1% YoY
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Price by Bedroom

Based on active listings in Carroll Gardens

TypeActive ListingsMedian PricePrice Range
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Active Listings

Properties in Carroll Gardens

REBNY/RLS Disclaimer: 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.

Nearby Neighborhoods

Carroll Gardens Property Type Pages

Why Work With Milton in Carroll Gardens

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

Active in Brooklyn

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Carroll Gardens buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."

JR
Verified Buyer
Google Review

"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."

MC
Verified Seller
Zillow Review

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Related Articles

Frequently Asked Questions about Carroll Gardens

The median sale price in Carroll Gardens is $2.8M. Condo sales make up the bulk of activity, with a median of $2.1M. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.

No. The median sale price in Carroll Gardens is currently 23.4% below the 5-year high recorded in September 2024. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in Carroll Gardens have a median of 31.5 days on market. That is 26 days faster than the same point a year ago. Only 5.1% of active listings have a price cut on record, signaling tight pricing.

Carroll Gardens is currently tilting toward sellers. Median days on market is 31.5 days and only 5.1% of active listings have a price cut on record, both indicating firm pricing power.

Carroll Gardens is primarily a condo market, with the median sale price at $2.1M. Co-op inventory is limited.

Roughly 8 homes change hands each month in Carroll Gardens across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in Carroll Gardens is $4,998/month. Live RLS listings show 2-bedrooms at $4,650, 3+ bedrooms at $16,000 per month. Rents are up 11.1% year over year.

Median asking rent in Carroll Gardens is currently $503 below the 5-year high set in February 2026. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in Carroll Gardens has risen 92.2% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of Carroll Gardens, median sale prices range across Cobble Hill at $2.3M, Columbia St Waterfront District at $1.4M, Red Hook at $1.1M, Gowanus at $1.0M. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Carroll Gardens is served by the Bus service. The commute to Midtown Manhattan runs roughly 32 minutes from Borough Hall.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Carroll Gardens, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: mcoste@kwnyc.com.

How I Can Help in Carroll Gardens

Milton Coste, Licensed Associate Broker

Milton Coste

Licensed Associate Broker

Keller Williams NYC · NY #10301213304

25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Carroll Gardens, I will guide you every step of the way.

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