Is Brooks, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brooks is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Brooks was a Buyer's Market.

Key Takeaway

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

Housing Prices in Brooks, GA

How much do homes in Brooks, GA cost?

Median Sold Price

$908,000

$262/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$108,100(+13.5%)

Key Takeaway

Homes in Brooks have sold for 13.5% more than they did a month ago.

Summary: The median home sold price in Brooks was $908,000 in March 2024, up 13.5% from last month, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$580K
N/A
4 $799.9K$908K
+13.5%
5+ --
N/A

Summary: Brooks housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes did not change.

Housing Supply in Brooks, GA

How many homes are available in Brooks, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1316+23.1%

Summary: The Brooks real estate market had 16 homes for sale in March 2024, a 23.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 78
+14.3%
5+ 35
+66.7%

Summary: The Brooks housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brooks, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Brooks in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Brooks, GA

How long does it take to sell a home in Brooks, GA?

Average Sale Time

Feb 2024Mar 2024CHANGE
2 Days40 Days+1900.0%

Summary: Homes in Brooks had an average of 40 days on market in Mar 2024, up by 1900% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 3 homes were sold in Brooks; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 28 Days Ago

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