Is Brookline, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookline is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Brookline has remained a Seller's Market.

Key Takeaway

Brookline is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brookline, MO

How much do homes in Brookline, MO cost?

Median Sold Price

$295,000

$79/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$17,000(-5.4%)

Key Takeaway

Homes in Brookline have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in Brookline was $295,000 in May 2024, down 5.4% from last year, and the median price per square foot was $79.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 -$168.7K
N/A
3 $240K$260K
+8.3%
4 $360K$354.4K
-1.5%
5+ $375K$456.9K
+21.9%

Summary: Brookline housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 21.9%.

Median Sold Price Compared To Nearby Cities

Battlefield B Township
+1.5%
Battlefield
-5.1%
Brookline Township
-5.3%
Brookline
-5.4%
Battlefield A Township
-5.9%

Housing Supply in Brookline, MO

How many homes are available in Brookline, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3238+18.8%

Summary: The Brookline real estate market had 38 homes for sale in May 2024, a 18.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2321
-8.7%
4 613
+116.7%
5+ 34
+33.3%

Summary: The Brookline housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 116.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookline, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Brookline in May 2024, down by 11.1% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for Brookline, MO

How long does it take to sell a home in Brookline, MO?

Average Sale Time

May 2023May 2024CHANGE
31 Days17 Days-46.0%

Summary: Homes in Brookline had an average of 17 days on market in May 2024, down by 46% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brookline are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 8 homes were sold in Brookline; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in Brookline, MO

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