Milton Coste

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NYC Neighborhood Comparison

DUMBO vs Jamaica

Jamaica vs DUMBO: side-by-side market data, transit, and neighborhood profiles to help you decide.

Brooklyn|Queens

DUMBO

Brooklyn

Jamaica

Queens

How They Compare

For buyers focused on affordability, Jamaica has the lower median sale price at $430,000 vs $1,265,000 in DUMBO.

Investors analyzing rental yield will find Jamaica 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 Jamaica.

Median Sale Price
$1.3M
$430K
Median Rent
$6K
$3K
Active Listings
100
32
Avg Days on Market
57 days
83.5 days
YoY Price Change
-15.7%
N/A
Monthly Sales Volume
5
9

Detailed Comparison

MetricDUMBOJamaica
Median Sale Price$1,265,000$430,000
Median Condo Price$1,265,000$250,000
Median Co-op Price$384,000$104,000
Median Rent$5,900$2,860
Active Listings10032
Rental Inventory161268
Days on Market5783.5
Price Cut Share15.0%9.4%
Monthly Sales Volume59
YoY Price Change-15.7%N/A
YoY Rent Change+3.5%-1.7%
YoY Inventory Change+6.4%+45.5%
Subway Lines2 3 A C F RN/A

Neighborhood Profiles

DUMBO

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.

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Jamaica

Jamaica 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.

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Transit Access

DUMBO

23ACFR

York 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

Jamaica

No subway data available

Active Listings

DUMBO for sale

View all DUMBO listings

Jamaica for sale

View all Jamaica 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 is refreshed every 15 minutes per REBNY IDX requirements.

DUMBO vs Jamaica: Home Price Resilience 2008-2020

From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. DUMBO and Jamaica both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Outer-borough submarkets including DUMBO and Jamaica generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)DUMBOJamaica
Median Sale Price$1,265,000$430,000
Median Rent$5,900/mo$2,860/mo
Year-over-Year Price Change-15.7%N/A
Average Days on Market57 days83.5 days
Distance to Nearest Subway0.16 miN/A

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Which is more expensive, DUMBO or Jamaica?
DUMBO is more expensive to buy in. Its median sale price is $1,265,000, compared with $430,000 in Jamaica, a gap of $835,000 (194.2%). Median rent is $5,900 a month in DUMBO and $2,860 in Jamaica.
What is the difference between DUMBO and Jamaica?
The median sale price is $1,265,000 in DUMBO and $430,000 in Jamaica. Median rent is $5,900 a month in DUMBO and $2,860 in Jamaica. Homes average 57 days on the market in DUMBO and 84 in Jamaica. The comparison table above has the full set of figures.
Is DUMBO cheaper than Jamaica?
Jamaica is more affordable, with a median sale price of $430,000 vs $1,265,000 in DUMBO. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, DUMBO or Jamaica?
DUMBO has access to 6 subway lines and Jamaica has 0, making DUMBO the stronger option for transit access. Jamaica has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, DUMBO or Jamaica?
This depends on what type of home fits your household. DUMBO and Jamaica 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 DUMBO or Jamaica?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both DUMBO and Jamaica 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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Data updated:

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