Housing Prices in Prospect Lefferts Gardens, NY

How much do homes in Prospect Lefferts Gardens, NY cost?

Median List Price

$1,115,000

$853/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$305,000(+37.7%)

Key Takeaway

The list price of homes in Prospect Lefferts Gardens has increased by 37.7% since last year.

Summary: The median home list price in Prospect Lefferts Gardens was $1,115,000 in May 2024, up 37.7% from the previous year, and the median price per square foot was $853.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $592.2K$600K
+1.3%
2 $849K$980K
+15.4%
3 $1.2M$1.8M
+45.1%
4 $2.1M$2.1M
+1.6%
5+ $2.1M$1.9M
-7.0%

Summary: Prospect Lefferts Gardens housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 45.1%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 7%.

Median List Price Compared To Nearby Neighborhoods

Prospect Lefferts Gardens
+37.7%
Wingate
+21.6%
Crown Heights
+14.2%
Central Brooklyn
+5.9%

Housing Supply in Prospect Lefferts Gardens, NY

How many homes are available in Prospect Lefferts Gardens, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6557-12.3%

Summary: The Prospect Lefferts Gardens real estate market had 57 homes for sale in May 2024, a 12.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1416
+14.3%
2 1610
-37.5%
3 64
-33.3%
4 1111
0.0%
5+ 1816
-11.1%

Summary: The Prospect Lefferts Gardens housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.

Days on Market for Prospect Lefferts Gardens, NY

How long does it take to sell a home in Prospect Lefferts Gardens, NY?

Average Listing Age

May 2023May 2024CHANGE
222 Days192 Days-13.6%

Summary: Homes in Prospect Lefferts Gardens had an average listing age of 192 days in May 2024, down by 13.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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