Windsor Terrace Real Estate Market Trends

Market Overview for Quarter 3, 2021


Median Sale Price

$820K

12% YoY


Median Price/Sqft

$1,018

11% YoY


No. of Transactions

45

114% YoY

Brooklyn Median Sale Price

$820K

15% YoY

What is the median sale price and median price per sq ft in Windsor Terrace?

As of Quarter 3, the median home sale price in Windsor Terrace was $820K, up 12% year-over-year. A total of 45 properties traded, representing a 114% year-over-year increase. The median price per square foot in Quarter 3 was $1,018, an 11% YoY change. The median home sale price in Brooklyn was $820K.

Windsor Terrace Neighborhood Map

Home buyers who want the excitement of NYC paired with a laid-back neighborhood vibe would be wise to take a close look at Windsor Terrace. Close to both Prospect Park and Park Slope, there are dozens of eateries throughout these neighborhoods which are tasty and unpretentious. Housing prices are affordable but on the rise.

Windsor Terrace Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in Windsor Terrace

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Top most expensive neighborhoods in Brooklyn

Windsor Terrace median price compared with other neighborhoods in Brooklyn

Property values in Windsor Terrace are in-line with the median property values of Windsor Terrace.




Windsor Terrace median price compared with all the neighborhoods in Brooklyn

Neighborhood Borough Median Sale Price
DUMBO Brooklyn $1,900,000
Fiske Terrace Brooklyn $1,675,000
Carroll Gardens Brooklyn $1,562,500
Vinegar Hill Brooklyn $1,542,500
Cobble Hill Brooklyn $1,437,500
Park Slope Brooklyn $1,225,000
Boerum Hill Brooklyn $1,215,000
Brooklyn Heights Brooklyn $1,172,500
Williamsburg Brooklyn $1,142,500
Columbia Street Waterfront District Brooklyn $1,102,400
Greenpoint Brooklyn $1,095,000
Mill Basin Brooklyn $1,065,100
Red Hook Brooklyn $1,065,000
Manhattan Beach Brooklyn $1,050,000
Gowanus Brooklyn $1,025,000
Dyker Heights Brooklyn $968,000
Fort Greene Brooklyn $952,500
Prospect Heights Brooklyn $949,000
Bedford-Stuyvesant Brooklyn $883,500
Prospect - Lefferts Gardens Brooklyn $863,750
Greenwood Heights Brooklyn $850,000
Clinton Hill Brooklyn $834,000
Madison Brooklyn $823,000
Windsor Terrace Brooklyn $820,000
Borough Park Brooklyn $817,500
Downtown Brooklyn Brooklyn $810,000
Bensonhurst Brooklyn $775,000
Crown Heights Brooklyn $768,500
Bergen Beach Brooklyn $751,250
Prospect Park South Brooklyn $745,000
Midwood Brooklyn $735,000
Marine Park Brooklyn $699,000
Old Mill Basin Brooklyn $660,000
Sea Gate Brooklyn $645,000
Bath Beach Brooklyn $634,000
Flatbush Brooklyn $625,000
Kensington Brooklyn $620,000
Flatlands Brooklyn $609,000
Georgetown Brooklyn $605,000
East Flatbush Brooklyn $600,000
Ditmas Park Brooklyn $594,500
Bushwick Brooklyn $594,000
Brighton Beach Brooklyn $567,000
Bay Ridge Brooklyn $565,000
Homecrest Brooklyn $556,000
Wingate Brooklyn $555,000
Gravesend Brooklyn $542,518
East New York Brooklyn $535,000
Sheepshead Bay Brooklyn $520,172
Sunset Park Brooklyn $518,669
Brownsville Brooklyn $515,000
Ocean Hill Brooklyn $511,065
Gerritsen Beach Brooklyn $485,000
Coney Island Brooklyn $440,000
Canarsie Brooklyn $426,125

Residential Properties Sold in Windsor Terrace

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $986K 41% $968 6% 13
Coops $676K 22% $694 -22% 23
Houses $1.7M 22% $1K 42% 9

The median house sale price in Windsor Terrace in Quarter 3 was $1.7M, up 22% year-over-year. Condo and coop prices in Windsor Terrace trended similarly, with a median condo price of $986K, up 41% year-over-year, and the median coop sale price up 22 % year-over-year to $676K.

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Windsor Terrace Neighborhood Guide

Though it's located between Prospect Park and Park Slope, Windsor Terrace has a small-town vibe that residents love - and this is partially caused by the fact there are very few traffic lights and many more stop signs. With a wide range of restaurants, unassuming shops, and relatively low housing turnover, there's a lot for locals to love about this spot. Of course, the relative abundance of parking spaces - at least compared to other Brooklyn neighborhoods - and the wealth of transportation options doesn't hurt either.

Architecture and landmarks

Windsor Terrace is largely made up of well-maintained single-family homes, many of which have stained glass windows, covered balconies, and other unique attributes. There are homes with huge bay windows, clapboard Italianate homes with multicolored cornices, a few apartment buildings - including the ten-story Windsor Tower - a rental building with 73 units over seven floors, and a condo tower that was once a paint factory. Homes in this neighborhood vary in style, with a few small, one-story clapboard homes with attics, bigger two-story homes complete with basements and exterior wood framing, and numerous attached brick townhouses, which typically either have curved facades with bay windows or flat facades and traditional windows. There are several landmarks in Windsor Terrace, including Kensington Stables, the only remaining stable in the area, and the Engine Company 240 Battalion 48 firehouse, which was completed in 1896 and is an official landmark as designated by the NYC Landmarks Preservation Commission.

Transport

Residents of Windsor Terrace have access to both the F and G trains, which get to Midtown in just over 40 minutes. Other options include four local bus routes, several express routes, and the B103 bus that goes through Windsor Terrace without making a stop. Drivers have easy access to the Prospect Expressway, which runs through the middle of the neighborhood.

Schools

Most younger students in Windsor Terrace attend PS 130, also known as the Parkside School, which goes through fifth grade, and then move on to MS 88 in nearby Park Slope, which received an A on its most recent report card from the city. The Brooklyn College Academy has two campuses for juniors and seniors in high school.

Health

There isn't a hospital within Windsor Terrace, but there are nearby options in Park Slope, Borough Park, and South Slope. The number of physicians in private practice is also limited in this neighborhood, though there are a few options. Most people travel a little to get their medical needs met.

Safety

Windsor Terrace is patrolled by the 72nd Precinct of the New York City Police Department where there were 9.71 reported crimes per 1,000 residents in 2016. This makes the neighborhood about average when compared to crime statistics for other neighborhoods in Brooklyn, and lower than average compared to NYC as a whole.

Things to do

Farrell's Bar & Grill has been through three owners but has been successfully running since the early 1930s. Popular with police and firefighters today, local lore claims that this was the first bar in all of New York City to get its liquor license reinstated when Prohibition ended.

Much of Windsor Terrace is residential, though there are a few areas of commerce, mostly along Prospect Park West, Fort Hamilton Parkway, and Prospect Avenue. Since the turn of the century, new stores have been opening, most of which are family owned and operated - though there is a Walgreens and a chain grocery store. There are two popular bars (the Adirondack and the Double Windsor), a food store and cafe named The Tuscan Gun, Le Paddock (a French restaurant), Batata (a Middle Eastern restaurant), and a pub that serves food (Hamilton's).

There are also locally owned yoga studios, coffee shops, and other businesses you'd expect to find in Brooklyn. There is a Windsor Terrace branch of the Brooklyn Public Library.