Is Brookside, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookside is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Brookside, OK

How much do homes in Brookside, OK cost?

Median Sold Price

$340,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$9,750(-2.8%)

Key Takeaway

Homes in Brookside have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Brookside was $340,000 in April 2024, down 2.8% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $140.1K$109.1K
-22.1%
2 $215K$235.9K
+9.7%
3 $311K$340K
+9.3%
4 $730K$725K
-0.7%
5+ $1.2M$859.9K
-28.3%

Summary: Brookside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.1%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 28.3%.

Median Sold Price Compared To Nearby Neighborhoods

Forest Ridge
+18.4%
Brookside
-2.8%
Brookside Business Association
-5.3%

Housing Supply in Brookside, OK

How many homes are available in Brookside, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7793+20.8%

Summary: The Brookside real estate market had 93 homes for sale in April 2024, a 20.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 1524
+60.0%
3 3135
+12.9%
4 1823
+27.8%
5+ 109
-10.0%

Summary: The Brookside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2019-5.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookside, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Brookside in April 2024, down by 5.0% month-over-month. Of the 19 sold homes, 68% were sold under asking, 32% were sold at asking, and 0% were sold over asking.

Days on Market for Brookside, OK

How long does it take to sell a home in Brookside, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
45 Days26 Days-41.3%

Summary: Homes in Brookside had an average of 26 days on market in Apr 2024, down by 41.3% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brookside are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 19 homes were sold in Brookside; 74% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 11% 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 14 Days Ago

Newest Listings in Brookside, OK

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