$3.988M
Median Single-Family
Q1 2026 — Corcoran Report
$1,295
Avg Price Per Sq Ft
+2% year over year
12
Q1 2026 Closings
Single-family only
+4%
Year Over Year
Median price change
Market Overview
The Park Slope Townhouses Market
Park Slope's townhouse market remains one of Brooklyn's most resilient. The neighborhood's Victorian and Italianate brownstones — particularly on the blocks between Prospect Park West and 7th Avenue — command premiums that have held through multiple market cycles. Single-family conversions on the best blocks routinely attract multiple offers.
What's Moving
What Sells Quickly
Single-family brownstones on the premium blocks between the park and 7th Avenue consistently achieve the highest prices. Well-maintained properties with intact original detail — parlor floors, cornices, original woodwork — attract the strongest buyer interest. Two-family properties attract a separate buyer pool seeking owner-occupant plus income.
What Sits
Overpriced properties sit. Park Slope buyers are sophisticated and well-advised — they know the comps and they walk away from properties that aren't priced correctly. Properties that enter the market overpriced accumulate days on market and ultimately sell for less than they would have at the right price from day one.
Source
Data from The Corcoran Group Q1 2026 Brooklyn Townhouse Report. Park Slope & Gowanus submarket. Single-family closings only. Multi-family figures available in the full report. Data reflects arms-length transactions of 2-4 unit properties only.
Value Drivers
What Affects Park Slope Prices
Block Location
Proximity to Prospect Park and the specific cross streets matter significantly. Premium blocks command $200-500K premiums over comparable properties on less desirable blocks.
Single vs Multi-Family
Single-family brownstones command higher per-square-foot values. Two-family and three-family configurations attract investment buyers at different price points.
Condition and Renovation
Buyers here are architectural buyers. They pay premiums for well-executed renovations and penalize properties with deferred maintenance or poor-quality work.
Original Detail
Intact original detail — medallions, pocket doors, original moldings, parlor fireplaces — commands measurable premiums in this market.
Omari Toomer · Corcoran