Is Brooklyn Center, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Brooklyn Center was a Buyer's Market.
Key Takeaway
Brooklyn Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brooklyn Center, OH
How much do homes in Brooklyn Center, OH cost?
Median Sold Price
$130,000
$66/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Brooklyn Center have sold for 26.5% more than they did a year ago.
Summary: The median home sold price in Brooklyn Center was $130,000 in April 2024, up 26.5% from last year, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $63K | $58.1K | -7.7% |
| 3 Bedrooms | $70.5K | $123K | +74.5% |
| 4 Bedrooms | $110K | $131K | +19.1% |
| 5+ Bedrooms | $130K | $150K | +15.4% |
Summary: Brooklyn Center housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 74.5%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 15.4%.
Housing Supply in Brooklyn Center, OH
How many homes are available in Brooklyn Center, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 29 | -6.5% |
Summary: The Brooklyn Center real estate market had 29 homes for sale in April 2024, a 6.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Brooklyn Center housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Brooklyn Center, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Brooklyn Center in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Brooklyn Center, OH
How long does it take to sell a home in Brooklyn Center, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 47 Days | +101.9% |
Summary: Homes in Brooklyn Center had an average of 47 days on market in Apr 2024, up by 101.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Brooklyn Center are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Brooklyn Center; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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