Why Live in Park Slope
Park Slope in Brooklyn is a historic neighborhood known for its Victorian-style townhomes and diverse architectural styles, including Italianate, French Second Empire, and Queen Anne. Situated next to Prospect Park, it offers a family-friendly atmosphere with tree-lined streets and wide sidewalks. The neighborhood is home to highly rated schools such as PS118 Maurice Sendak Community School and Millennium Brooklyn High School, making it appealing for families. Park Slope's attractions include Prospect Park, which features sprawling lawns, woodland pathways, and cultural landmarks like the Lena Horne Bandshell and LeFrak Center. The Brooklyn Botanical Garden and Brooklyn Museum are also nearby. The area is bustling with independent restaurants and boutiques along 5th and 7th Avenues, with popular spots like Bangkok Degree and Al di la Trattoria. The Park Slope Food Coop provides local, organic produce, while the Grand Army Plaza Greenmarket is a major weekly event. The neighborhood is well-served by public transportation, with several subway lines and the Long Island Rail Road at Atlantic Terminal. Park Slope's crime rate is comparable to the national average, contributing to its appeal as a residential area.
Home Trends in Park Slope, NY
On average, homes in Park Slope, Brooklyn sell after 66 days on the market compared to the national average of 69 days. The median sale price for homes in Park Slope, Brooklyn over the last 12 months is $360,000, down 45% from the median home sale price over the previous 12 months.
Median Sale Price
$360,000
Median Single Family Sale Price
$405,000
Median Townhouse Sale Price
$382,745
Median 2 Bedroom Sale Price
$89,000
Average Price Per Sq Ft
$272
Number of Homes for Sale
22
Last 12 months Home Sales
265
Median List Price
$419,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-45%