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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brooklyn is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Brooklyn, OH cost?

Median Sold Price

$175,000

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$25,000(+16.7%)

Key Takeaway

Homes in Brooklyn have sold for 16.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $100K$127.5K
+27.5%
3 $150K$180K
+20.0%
4 $162.5K$192.5K
+18.5%
5+ $238.7K$261K
+9.3%

Median Sold Price Compared To Nearby Cities

Brooklyn
+16.7%
Cleveland
+5.1%

How many homes are available in Brooklyn, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
3229-9.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 21
-50.0%
3 2623
-11.5%
4 45
+25.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
1011+10.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brooklyn, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days32 Days+83.3%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brooklyn 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 Brooklyn, OH

Brooklyn, OH has 29 homes for sale to choose from. The number of listings in Brooklyn, OH decreased by 9.4% between October 2022 and November 2022. While the average time on the market in November 2022 was 32 days, the median list price was $175,000. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 27.5% more expensive, the cost of 3 bedrooms properties went up by 20%, prices of 4 bedrooms properties increased by 18.5%, 5 bedrooms properties prices increased by 9.3%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes became 50% less available, 3 bedrooms homes inventory decreased by 11.5%, the quantity of 4 bedrooms homes went up by 25%, number of 5 bedrooms homes remained the same. Over 4 listings were sold over their listed price in November 2022 in Brooklyn, OH. In the same period over 6 listings were sold below the listed price and 1 listings were sold for the listed price.

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