The Prospect Park housing market is very competitive. The median sale price of a home in Prospect Park was $523K last month, down 0.95% since last year.
What is the housing market like in Prospect Park today?
In July 2025, Prospect Park home prices were down 0.95% compared to last year, selling for a median price of $523K. On average, homes in Prospect Park sell after 51 days on the market compared to 38 days last year. There were 6 homes sold in July this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$522,500
-0.95% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
Prospect Park, NJ
$522,500
-0.95%
United States
To compare other locations to the Prospect Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Prospect Park add value to a home.
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How hot is the Prospect Park housing market?
Prospect Park is very competitive. Homes sell in 50.5 days.
0
100
76
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 51 days.
Hot homes
can sell for about 10% above list price and go pending in around 21 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.6%
-4.7 pt YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
Prospect Park, NJ
100.6%
-4.7 pt
United States
Prospect Park Migration & Relocation Trends
In May '25 - Jul '25, 31% of Prospect Park homebuyers searched to move out of Prospect Park, while 69% looked to stay within the metropolitan area.
Where are people moving to Prospect Park from?
Across the nation, 3% of homebuyers searched to move into Prospect Park from outside metros.
Los Angeles homebuyers searched to move into Prospect Park more than any other metro followed by Hermiston and The Dalles.
Where are people from Prospect Park moving to?
69% of Prospect Park homebuyers searched to stay within the Prospect Park metropolitan area.
Miami was the most popular destination among Prospect Park homebuyers followed by Boston and Philadelphia.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
View houses in Prospect Park that sold recently
Recently sold homes
SOLD AUG 7, 2025
$780,000 Last Sold Price
6 beds
3 baths
—sq ft
132 17th St, Prospect Park, NJ 07508
Corcoran Infinity Properties Christie's International Real Estate Group-HoHoKus-Ridgewood East
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Prospect Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Prospect Park.
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Prospect Park has a moderate risk of flooding. 64 properties in Prospect Park are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Prospect Park. Flood risk is increasing slower than the national average.
26% of properties are at risk of wildfire over the next 30 years
Fire Factor
Prospect Park has a moderate risk of wildfire. There are 316 properties in Prospect Park that have some risk of being affected by wildfire over the next 30 years. This represents 26% of all properties in Prospect Park.
97% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Prospect Park has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Prospect Park is most at risk from hurricanes. 1,162 properties in Prospect Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 84 mph.