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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookville is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Brookville, OH

How much do homes in Brookville, OH cost?

Median Sold Price

$260,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$14,125(+5.7%)

Key Takeaway

Homes in Brookville have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Brookville was $260,000 in May 2024, up 5.7% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $78K$87K
+11.5%
2 $200K$165K
-17.5%
3 $223K$253K
+13.5%
4 $322.8K$332.5K
+3.0%
5+ $388K$276.9K
-28.6%

Summary: Brookville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes decreased by 17.5%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 28.6%.

Median Sold Price Compared To Nearby Cities

Clay Township
+9.8%
Brookville
+5.7%
Perry Township
+4.2%

Housing Supply in Brookville, OH

How many homes are available in Brookville, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4954+10.2%

Summary: The Brookville real estate market had 54 homes for sale in May 2024, a 10.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 31
-66.7%
3 3340
+21.2%
4 1011
+10.0%
5+ 22
0.0%

Summary: The Brookville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookville, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Brookville in May 2024, up by 50.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.

Days on Market for Brookville, OH

How long does it take to sell a home in Brookville, OH?

Average Sale Time

May 2023May 2024CHANGE
82 Days44 Days-46.8%

Summary: Homes in Brookville had an average of 44 days on market in May 2024, down by 46.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Brookville has remained consistent over time.

Summary: During May 2024, 12 homes were sold in Brookville; 8% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 8% 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 19 Days Ago

Newest Listings in Brookville, OH

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