Is Brooklyn, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brooklyn is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Brooklyn, CT

How much do homes in Brooklyn, CT cost?

Median Sold Price

$379,000

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$33,000(+9.5%)

Key Takeaway

Homes in Brooklyn have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Brooklyn was $379,000 in November 2024, up 9.5% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $246K$165K
-32.9%
2 $294K$325K
+10.5%
3 $370K$385K
+4.1%
4 $367.5K$462.5K
+25.9%
5+ $332K$299.9K
-9.7%

Summary: Brooklyn housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.9%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes decreased by 9.7%.

Median Sold Price Compared To Nearby Cities

Brooklyn
+9.5%
Danielson
+8.9%
Killingly
+7.8%
Plainfield
+5.1%
Dayville
+4.6%

Housing Supply in Brooklyn, CT

How many homes are available in Brooklyn, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3234+6.3%

Summary: The Brooklyn real estate market had 34 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2322
-4.3%
4 57
+40.0%
5+ 23
+50.0%

Summary: The Brooklyn housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brooklyn, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Brooklyn in November 2024, up by 37.5% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.

Days on Market for Brooklyn, CT

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Brooklyn; 9% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in Brooklyn, CT

Nearby Markets to Brooklyn, CT

What housing markets are near Brooklyn, CT?