Is Brookford, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookford is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Brookford has remained a Seller's Market.

Key Takeaway

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

How much do homes in Brookford, NC cost?

Median Sold Price

$258,000

$193/sqft

Based on all homes sold in August 2022.

Difference Since Last Month

+$18,100(+7.5%)

Key Takeaway

Homes in Brookford have sold for 7.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJul 2022Aug 2022%
1 --
N/A
2 $195K-
N/A
3 $244.9K$258K
+5.3%
4 --
N/A
5+ --
N/A

How many homes are available in Brookford, NC?

Number of Homes For Sale

Jul 2022Aug 2022%
42-50.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 10
-100.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookford, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Jul 2022Aug 2022%
11 Days19 Days+62.9%

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 Brookford are selling fast, if you're buying plan to act quickly.

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

About Brookford, NC

There are 2 homes are for sale in Brookford, NC real estate market. The number of listings in Brookford, NC decreased by 50% between July 2022 and August 2022. The median list price of listings available in August 2022 was $258,000, while the average time on the real estate market was 19 days. Listing prices have changed in this real estate market between August 2021 and August 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties became 5.3% more expensive, 4 bedrooms properties prices increased by 0%, the cost of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went down by 100%, number of 3 bedrooms homes decreased by 33.3%, volume of 4 bedrooms homes stayed the same, the quantity of 5 bedrooms homes have not changed. Over 1 listings were sold over their listed price in August 2022 in Brookford, NC. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price.

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