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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookline Township is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Brookline Township, MO

How much do homes in Brookline Township, MO cost?

Median Sold Price

$285,000

-

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$13,640(-4.6%)

Key Takeaway

Homes in Brookline Township have sold for 4.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $205K$190K
-7.3%
3 $248.6K$266.7K
+7.3%
4 $330K$336.2K
+1.9%
5+ $395.7K$468.2K
+18.3%

Summary: Brookline Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 18.3%.

Median Sold Price Compared To Nearby Cities

Republic
+2.0%
Republic North Township
-0.3%
Brookline
-3.7%
Campbell No. 2A Township
-4.0%
Brookline Township
-4.6%

Housing Supply in Brookline Township, MO

How many homes are available in Brookline Township, MO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1817-5.6%

Summary: The Brookline Township real estate market had 17 homes for sale in February 2024, a 5.6% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1211
-8.3%
4 45
+25.0%
5+ 21
-50.0%

Summary: The Brookline Township housing inventory by bedroom type for February 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 8.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookline Township, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Brookline Township in February 2024, up by 250.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.

Days on Market for Brookline Township, MO

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

Average Sale Time

Feb 2023Feb 2024CHANGE
52 Days63 Days+20.6%

Summary: Homes in Brookline Township had an average of 63 days on market in Feb 2024, up by 20.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Brookline Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 7 homes were sold in Brookline Township; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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 28 Days Ago

Newest Listings in Brookline Township, MO

Nearby Markets to Brookline Township, MO

What housing markets are near Brookline Township, MO?