Brooklyn Neighborhood Report

Park Slope Real Estate Market Report 2026-2027

Prices, sales, and inventory through Q3 2026, with the outlook into 2027.

$1.7MMedian Sale Price, Q3 2026+5.3% YoY
$1,496Median Price Per SF+6.3% YoY
141Homes Sold, Q3 2026-18% YoY
33Median Days On MarketJune 2026
Executive Summary

Prices Up, Fewer Homes For Sale

Park Slope values kept climbing in 2026 while the number of sales fell. Buyers are competing for a shrinking supply of brownstones, townhouses, and condos near Prospect Park.

  • Price growth: the median sale price rose 5.3% to about $1.7 million in Q3 2026.
  • Tight supply: sales fell 18% year over year as fewer owners listed.
  • Fast sales: homes went under contract in a median of 33 days, close to full asking price.
Park Slope brownstone row on a tree-lined Brooklyn street
KEY INSIGHT

Park Slope prices sit well above the Brooklyn median of $1.15 million, and the gap widened in 2026.

Market In Graphs

Park Slope Versus Brooklyn

Median Sale Price

Quarterly medians, 2026

Park Slope Q2 2026$1.8M
Park Slope Q3 2026$1.7M
Brooklyn houses Q3$1.70M
Brooklyn overall Q3$1.15M

Year-Over-Year Change

Q3 2026 vs. Q3 2025

Park Slope price per SF+6.3%
Brooklyn median price+5.4%
Park Slope median price+5.3%
Brooklyn signed contracts+8.0%
Brooklyn house prices+1.1%
Park Slope sales count-18.0%

Gold bars show Brooklyn-wide figures for comparison.

Supply And Demand

Why Park Slope Holds Value

Landmarked blocks, Prospect Park, and top-rated schools limit new supply and keep family demand strong.

New residential building beside prewar Brooklyn buildings
-17.3%Brooklyn house inventory, Q3 2026
+8%Brooklyn signed contracts, Q3 2026
99.8%Park Slope sale-to-list price, June 2026
+10.6%Park Slope luxury prices, early 2026
Looking Ahead

What To Watch Into 2027

Full-year 2027 data does not exist yet. These are the conditions shaping the year ahead.

Limited Inventory

With sales down 18% and Brooklyn house inventory down 17.3%, supply remains the main constraint on the market.

Rent Guidelines

Stabilized lease increases were set at 0% for leases through September 30, 2027, which affects multifamily values.

Seller Leverage

Rising prices and quick sales favor owners who price correctly and market to qualified buyers.

Common Questions

Park Slope Market FAQ

What is the median home price in Park Slope in 2026?

The Park Slope median sale price was about $1.7 million in Q3 2026, up 5.3% year over year.

What is the price per square foot in Park Slope?

The median price per square foot in Park Slope was $1,496 in Q3 2026, up 6.3% year over year.

How many homes sold in Park Slope in Q3 2026?

About 141 homes sold in Park Slope in Q3 2026, down 18% year over year, reflecting tight inventory.

Is now a good time to sell in Park Slope?

Prices are rising while fewer homes are coming to market, which gives well-positioned sellers leverage. A property-specific valuation is the best first step.

Selling In Park Slope?

Get a direct, property-specific valuation from a Brooklyn broker who knows the blocks.

718.751.0738
Last updated November 10, 2026. Compiled from public records and published market data. Information is believed reliable but not guaranteed and should be independently verified.
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