Is Brookfield, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookfield is a buyer's market

Buyer's
Market

Difference Since September 2023

Since last year, Brookfield has remained a Buyer's Market.

Key Takeaway

Brookfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Brookfield, MA

How much do homes in Brookfield, MA cost?

Median Sold Price

$345,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$27,500(-7.4%)

Key Takeaway

Homes in Brookfield have sold for 7.4% less than they did a year ago.

Summary: The median home sold price in Brookfield was $345,000 in September 2024, down 7.4% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $180K-
N/A
2 $246K$332.5K
+35.2%
3 $368.2K$340K
-7.7%
4 $479.9K$401K
-16.4%
5+ $409K$405K
-1.0%

Summary: Brookfield housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.2%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Cities

East Brookfield
+26.1%
Fiskdale
+11.2%
North Brookfield
+7.4%
West Brookfield
+5.0%
Brookfield
-7.4%

Housing Supply in Brookfield, MA

How many homes are available in Brookfield, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
910+11.1%

Summary: The Brookfield real estate market had 10 homes for sale in September 2024, a 11.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 77
0.0%
4 01
+100.0%
5+ 01
+100.0%

Summary: The Brookfield housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookfield, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Brookfield in September 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Brookfield, MA

How long does it take to sell a home in Brookfield, MA?

Average Sale Time

Sep 2023Sep 2024CHANGE
23 Days19 Days-17.4%

Summary: Homes in Brookfield had an average of 19 days on market in Sep 2024, down by 17.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 1 homes were sold in Brookfield; 100% of homes were sold within 30 days, 0% 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 6 Days Ago

Newest Listings in Brookfield, MA

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