$3.975M
Median Single-Family
Q2 2026 · 13 closings
$1,604
Single-Family Price / Sq Ft
+36% year over year
$2.800M
Median Multi-Family
Q2 2026 · 15 closings
28
Q2 Townhouse Closings
Up from 20 a year ago
Q2 2026 Update · Updated October 2026
What the Q2 numbers say
Park Slope and Gowanus single-family townhouses sold at a median of $3.975M in the second quarter. That figure is 81% above a year ago, but the year-ago quarter was unusually low, and compared with the first quarter ($4.025M) prices were essentially flat. Read it as a market holding near $4M rather than one that jumped 81%.
The stronger signal is value per square foot. Single-family houses averaged $1,604 per square foot, up 36% from a year ago, the second-highest figure in Brooklyn after Brooklyn Heights. Buyers are paying a premium for well-located, well-kept houses.
Two- to four-family houses sold at a median of $2.800M, down 7%, but the houses that sold were smaller and their price per square foot rose 9% to $1,120. Closings rose overall, from 20 to 28.
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 Second Quarter 2026 Brooklyn Townhouse Report (closings April–June 2026). The report covers arms-length single-family and 2–4 family townhouse sales; submarkets are grouped by zip code and may not match neighborhood boundaries exactly. Park Slope & Gowanus submarket (zip code 11215). Single-family: 13 closings, median $3.975M, average $3.999M, average $1,604 per square foot. Multi-family (2–4 residences): 15 closings, median $2.800M, average $2.955M, average $1,120 per square foot. Across Brooklyn, 273 townhouses closed in the second quarter, up 35% from a year ago. The borough-wide single-family median was $3.100M (up 11%) and the multi-family median was $2.200M (up 2%).
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