Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Melrose vs Park Slope

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Bronx|Brooklyn

Melrose

Bronx

Park Slope

Brooklyn

Median Sale Price
$0
$1.5M
Median Rent
$2K
$4K
Active Listings
4
153
Avg Days on Market
0 days
31 days
YoY Price Change
0.0%
+1.0%
Monthly Sales Volume
1
29

Detailed Comparison

MetricMelrosePark Slope
Median Sale Price$0$1,490,000
Median Condo PriceN/A$1,675,000
Median Co-op PriceN/A$992,000
Median Rent$2,322.5$4,200
Active Listings4153
Rental Inventory8316
Days on Market031
Price Cut Share0.0%3.9%
Monthly Sales Volume129
YoY Price Change0.0%+1.0%
YoY Rent Change0.0%+7.7%
YoY Inventory Change0.0%-14.5%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Melrose moved 0.0% over the past year, compared to +1.0% in Park Slope. The +1.0% gain in Park Slope reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Melrose

Melrose features 19th-century brownstones, neo-Renaissance apartment houses, and modern LEED-certified developments like Via Verde, all anchored by the commercial corridors along Third Avenue and Melrose Avenue. The 2 and 5 trains stop at East 149th Street, the 4 train serves nearby stations, and St. Mary's Park provides 35 acres of green space on the neighborhood's edge.

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Park Slope

Park Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.

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Transit Access

Melrose

No subway data available

Park Slope

No subway data available

Active Listings

Melrose for sale

View all Melrose listings

Park Slope for sale

View all Park Slope listings

Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.

Frequently Asked Questions

Is Melrose cheaper than Park Slope?
Median sale price data is not yet available for one or both neighborhoods. Contact Milton for a current market analysis.
Which has better transit, Melrose or Park Slope?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Melrose or Park Slope?
This depends on what type of home fits your household. Melrose and Park Slope both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Melrose or Park Slope?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Melrose and Park Slope gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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