Midwood

The median sale price in Midwood is $1.2M. Condos sit at a median of $560K and co-ops at $378K. Sale prices are up 37.3% year over year.

No. The median sale price in Midwood is currently 21.4% below the 5-year high recorded in February 2025. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in Midwood have a median of 79 days on market. That is 53 days faster than the same point a year ago. Roughly 15.8% of active listings have recorded a price cut, suggesting some negotiating room.

Midwood is broadly balanced right now, with median days on market at 79 days and 15.8% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

Midwood offers both co-ops and condos. Condos are the higher-priced segment at a $560K median, with co-ops at $378K.

Roughly 35 homes change hands each month in Midwood across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in Midwood is $2,790/month. Live RLS listings show 2-bedrooms at $2,200 per month. Rents are up 5.3% year over year.

Median asking rent in Midwood is currently $285 below the 5-year high set in June 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in Midwood has risen 51.2% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of Midwood, median sale prices range across Borough Park at $1.8M, Kensington at $1.6M, Flatbush at $895K, Ditmas Park at $630K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Midwood is served by the Bus service. The commute to Midtown Manhattan runs roughly 131 minutes from Nearest bus stop.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Midwood, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: mcoste@kwnyc.com.