Is Brookfield Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Brookfield Township has remained a Seller's Market.
Key Takeaway
Brookfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookfield Township, OH
How much do homes in Brookfield Township, OH cost?
Median Sold Price
$117,800
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Brookfield Township have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Brookfield Township was $117,800 in May 2024, down 1.8% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40K | $18K | -55.0% |
| 2 Bedrooms | $87K | $89.9K | +3.4% |
| 3 Bedrooms | $129.5K | $121K | -6.6% |
| 4 Bedrooms | $160K | $177.2K | +10.8% |
| 5+ Bedrooms | $495K | $109.2K | -77.9% |
Summary: Brookfield Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 77.9%.
Median Sold Price Compared To Nearby Cities
| Sharon | $66.5K | $72K | +8.3% |
| Brookfield Township | $120K | $117.8K | -1.8% |
| Brookfield | $185K | $159K | -14.1% |
Housing Supply in Brookfield Township, OH
How many homes are available in Brookfield Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Summary: The Brookfield Township real estate market had 19 homes for sale in May 2024, a 18.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Brookfield Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Brookfield Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Brookfield Township in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Brookfield Township, OH
How long does it take to sell a home in Brookfield Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 33 Days | +157.7% |
Summary: Homes in Brookfield Township had an average of 33 days on market in May 2024, up by 157.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brookfield Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Brookfield Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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