Prospect Heights recorded 4 closed sales in the last 30 days at a median close price of $976K. Active inventory stands at 29 listings with a median asking price of $1.60M ($1,484/sqft). Condos dominate at 48% of inventory. 31.0% price reductions among active listings. 1 new listing hit the market this week, while 41 properties are under contract. At current absorption rates, Prospect Heights has approximately 7.3 months of supply, making it a buyer's market. As a Prospect Heights specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Prospect Heights, call me at (917) 416-7433 for a personalized market analysis.
Prospect Heights Market Report May 2026: $1.60M Median
Milton Coste
Live from REBNY/RLS
July 29, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
29
Active Listings
$1.60M
Median Asking
4
Sold (30 Days)
7.3
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 29 |
| Pending Sales | 41 |
| Median Asking Price | $1.60M |
| Median Price/Sqft | $1,484 |
| Avg Days on Market | N/A |
| New This Week | 1 |
| Price Reduced | 9 (31.0%) |
| Sold (Last 30 Days) | 4 |
| Sold (Last 90 Days) | 24 |
| Median Sale Price (90d) | $976K |
| Sale-to-List Ratio | 100.2% |
| Months of Supply | 7.3 (buyer's market) |
Property Mix
Condo 48% (14)
Co-op 31% (9)
Condop 3% (1)
Based on 4 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
280 St Marks Avenue #PHG, Apt PHG | $3,250,000 | 2 BR | Jul 20, 2026 |
|
307 Prospect Place #2B, Apt 2B | $550,000 | 1 BR | Jul 16, 2026 |
|
230 Park Place #4-H, Apt 4-H | $1,225,000 | 2 BR | Jul 15, 2026 |
|
286 ST JOHNS Place #2C, Apt 2C | $799,000 | 1 BR | Jul 9, 2026 |
Rental Market
6
Closed Rentals (30 Days)
$5,900/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| 1 BR | 3 | $4,795/mo | $3,700 - $6,500 |
| 2 BR | Limited data | Limited data | Limited data |
| 3+ BR | Limited data | Limited data | Limited data |
Recent Transactions
|
645 Park Place #7C, Apt 7C | $5,800/mo | 2 BR | Jul 27, 2026 |
|
645 Park Place #7D, Apt 7D | $6,000/mo | 2 BR | Jul 27, 2026 |
|
545 Vanderbilt Avenue #3-H, Apt 3-H | $4,795/mo | 1 BR | Jul 22, 2026 |
|
545 Vanderbilt Avenue #19-I, Apt 19-I | $7,195/mo | 3 BR | Jul 22, 2026 |
|
533 Washington Avenue #2A, Apt 2A | $3,700/mo | 1 BR | Jul 13, 2026 |
|
263 PROSPECT Place #3, Apt 3 | $6,500/mo | 1 BR | Jul 15, 2026 |
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Active Listings in Prospect Heights
View All
$2,450,000
692 Washington Avenue
4 beds
4 baths
2,856 sqft
Multi Family
$575,000
299 Prospect Place #4F
1 bed
1 bath
450 sqft
Condo
$575,000
806 Washington Avenue #3C
1 bed
1 bath
Co-op
$1,395,000
230 Park Place #6M
1 bed
2 baths
Co-op
$1,850,000
550 Vanderbilt Avenue #1310
2 beds
2 baths
1,054 sqft
Condo
$4,175,000
140 Prospect Place
5 beds
3 baths
3,800 sqft
Multi Family
Data provided by the RLS at REBNY
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.