Midwood is located in the Brooklyn borough of New York City.
The following is a real time, up to the minute report for the real estate market in Midwood as of 06-20-13:
Average Sales Stats:
Based on current sales data, the average price for a home in Midwood is $515,670. The average price per square foot is $414. The average neighborhood home is 1,308 square feet,
has 1 bedrooms and 1 bathrooms. In terms of condominiums,
Midwood condos carry an average monthly maintenance of $509 per month.
The majority of homes in the neighborhood are in post war buildings.
Cushioned comfortably between Prospect Park, Borough Park, Coney Island and the Brooklyn College campus, the Midwood real estate market is a Brooklyn gem with appreciating market value. Home to a number of notable Brooklyn celebrities such as Woody Allen, Ruth Bader Ginsburg, and Marissa Tomei, Midwood offers residents a high quality of living at a reasonable price.
The housing stock of the Midwood real estate market is comprised most notably of early 20th century, 5-7 story brick apartments with rather elaborate layouts that often include a courtyard and small garden. One also finds a considerable number of large Victorian, Tudor, and Gambrel style homes along quiet tree-lined streets, complete with front lawns in some cases. These spacious and well-maintained homes are highly sought after. But to be sure, those searching homes in Midwood will tend to find a healthy combination of homes for sale and apartments for rent in the area.
Avenue M and Avenue J are where much of Midwood's commercial businesses are located. Midwood residents have traditionally been serviced by a number of Jewish delis, grocers, and eastern European restaurants. Recently, Midwood became home to the largest kosher grocery store in the US, Pomegranate. And the influx of more ethnic groups has further enriched the buffet of options in this residential neighborhood.
In terms of transportation, Midwood is serviced by the B, Q, and F subway lines. Midwood residents are further serviced by the 2 and 5 trains at Brooklyn College, which can be accessed via bus routes.