It seems like it was just yesterday that Bushwick was kinda sorta a bargain price-wise, was full of people living on houseboats and hopping freight trains and was being described as an awful hellhole by the likes of Vogue. Turns out that train-hopping hobos and Vogue condemnation be damned, Bushwick homes also shot up 31.2% in value between 2013 and 2014. You were never gonna be able to own a home anyway, but now you can cross Bushwick off your fantasy list for good.
The big jump comes courtesy of Crain’s, who took a look at median home prices around the city, to make a list of the top five neighborhoods that saw home prices rise and also saw them drop. Bushwick topped the neighborhoods that had home prices rising, going from $427,200 to $560,500 between June 2013 and June 2014. If you wanted another reason to hate Penn Badgely or Zosia Mamet or even yourself, now you’ve got one.
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