Is Brookville, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookville is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Brookville, OH

How much do homes in Brookville, OH cost?

Median Sold Price

$260,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$14,125(+5.7%)

Key Takeaway

Homes in Brookville have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Brookville was $260,000 in May 2024, up 5.7% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $78K$87K
+11.5%
2 $200K$165K
-17.5%
3 $223K$253K
+13.5%
4 $322.8K$332.5K
+3.0%
5+ $388K$276.9K
-28.6%

Summary: Brookville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes decreased by 17.5%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 28.6%.

Median Sold Price Compared To Nearby Cities

Clay Township
+9.8%
Brookville
+5.7%
Perry Township
+4.2%

Housing Supply in Brookville, OH

How many homes are available in Brookville, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4954+10.2%

Summary: The Brookville real estate market had 54 homes for sale in May 2024, a 10.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 31
-66.7%
3 3340
+21.2%
4 1011
+10.0%
5+ 22
0.0%

Summary: The Brookville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookville, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Brookville in May 2024, up by 50.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.

Days on Market for Brookville, OH

How long does it take to sell a home in Brookville, OH?

Average Sale Time

May 2023May 2024CHANGE
82 Days44 Days-46.8%

Summary: Homes in Brookville had an average of 44 days on market in May 2024, down by 46.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Brookville has remained consistent over time.

Summary: During May 2024, 12 homes were sold in Brookville; 8% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 8% 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 1 Day Ago

Newest Listings in Brookville, OH

Nearby Markets to Brookville, OH

What housing markets are near Brookville, OH?