Is Old Brooklyn, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Old Brooklyn has remained a Seller's Market.
Key Takeaway
Old Brooklyn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Old Brooklyn, OH
How much do homes in Old Brooklyn, OH cost?
Median Sold Price
$155,000
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Old Brooklyn have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Old Brooklyn was $155,000 in April 2024, up 10.7% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $46K | N/A |
| 2 Bedrooms | $112.5K | $130K | +15.6% |
| 3 Bedrooms | $145K | $154K | +6.2% |
| 4 Bedrooms | $142.5K | $162.5K | +14.0% |
| 5+ Bedrooms | $150K | $189.9K | +26.6% |
Summary: Old Brooklyn 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 increased by 15.6%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 26.6%.
Housing Supply in Old Brooklyn, OH
How many homes are available in Old Brooklyn, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 103 | 105 | +1.9% |
Summary: The Old Brooklyn real estate market had 105 homes for sale in April 2024, a 1.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 56 | 63 | +12.5% |
| 4 Bedrooms | 29 | 28 | -3.4% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Old Brooklyn 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 decreased by 25%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 39 | +30.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Old Brooklyn, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 39 homes were sold or pending in Old Brooklyn in April 2024, up by 30.0% month-over-month. Of the 39 sold homes, 33% were sold under asking, 5% were sold at asking, and 62% were sold over asking.
Days on Market for Old Brooklyn, OH
How long does it take to sell a home in Old Brooklyn, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 22 Days | -0.1% |
Summary: Homes in Old Brooklyn had an average of 22 days on market in Apr 2024, down by 0.1% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Old Brooklyn are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 39 homes were sold in Old Brooklyn; 74% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.