Home prices
The median home in Prospect Park costs $191,700. In comparison to its surrounding areas it is roughly $10,960 (5%) lower.It is roughly $25,800 (11%) lower in comparison to the United States as a whole, and in comparison to the city of New York is roughly $414,300 (68%) lower.
Rents
In Prospect Park the median monthly rent is $1,043. It is roughly $12 (1%) higher in comparison to other places in this area.Compared to the country as a whole it is roughly $19 (1%) lower, and it is about $400 (27%) lower compared to the city of New York.
Nearby places
Norwood
Norwood is Prospect Park's neighbor to the east. Real estate prices there are somewhat less expensive. The price of the median home in Norwood is $167,900, which comes out to $23,800 (14%) lower than Prospect Park. Rents there are a bit less expensive. In Norwood the median monthly rent is $982, which comes out to $61 (6%) lower than Prospect Park.
Ridley Park
Ridley Park is Prospect Park's neighbor to the southwest. Housing prices there are somewhat more expensive. The median home cost in Ridley Park is $202,000, which works out to $10,300 (5%) higher than Prospect Park. Its rents are a bit less expensive. Ridley Park's median rent is $988 a month, which works out to $55 (5%) lower than Prospect Park.
Folsom
Folsom is Prospect Park's neighbor to the northwest. Real estate prices there are somewhat more expensive. The median home in Folsom is valued at $203,100, which works out to $11,400 (5%) higher than Prospect Park. Rents there are a bit more expensive. Folsom's median monthly rent is $1,317, which comes out to $274 (20%) higher than Prospect Park.
Glenolden
Glenolden is approximately 1 mile northeast of Prospect Park. Its housing prices are somewhat less expensive. The price of the median home in Glenolden is $159,100, which is $32,600 (20%) lower than Prospect Park. The rent there is pretty similar. The median monthly rent in Glenolden is $1,022, which works out to $21 (2%) lower than Prospect Park.
Rutledge
Rutledge is approximately 1 mile northwest from Prospect Park. Its housing prices are a bit more expensive. The median home in Rutledge is valued at $281,200, which is $89,500 (31%) higher than Prospect Park. The rent there is somewhat less expensive. The median monthly rent in Rutledge is $844, which comes out to $199 (23%) lower than Prospect Park.
