All Home Types
Prospect Park, NJ Housing Market
What is the housing market like in Prospect Park today?
In January 2025, Prospect Park home prices were up 56.1% compared to last year, selling for a median price of $625K. On average, homes in Prospect Park sell after 28 days on the market compared to 67 days last year. There were 6 homes sold in January this year, up from 4 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$624,500
+56.1% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Prospect Park, NJ
$624,500
+56.1%
United States
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Prospect Park Migration & Relocation Trends
In Nov '24 - Jan '25, 30% of Prospect Park homebuyers searched to move out of Prospect Park, while 70% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Prospect Park from outside metros.
- San Francisco homebuyers searched to move into Prospect Park more than any other metro followed by Seattle and Spokane.
Where are people moving to Prospect Park from?
- 70% 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 Philadelphia and Boston.
Where are people from Prospect Park moving to?
Number of People Moving to Prospect Park
least
most
People are moving to Prospect Park from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Nov '24 - Jan '25 | ||
| 1 | 249 | ||
| 2 | 142 | ||
| 3 | 14 | ||
| 4 | 11 | ||
| 5 | 6 | ||
| 6 | 3 | ||
| 7 | 3 | ||
| 8 | 3 | ||
| 9 | 3 | ||
| 10 | 3 | ||
People are leaving Prospect Park for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Nov '24 - Jan '25 | ||
| 1 | 5,072 | ||
| 2 | 4,205 | ||
| 3 | 3,574 | ||
| 4 | 2,130 | ||
| 5 | 1,992 | ||
| 6 | 1,753 | ||
| 7 | 1,739 | ||
| 8 | 1,583 | ||
| 9 | 1,289 | ||
| 10 | 1,074 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Prospect Park.
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