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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brooks is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Brooks was a Seller's Market.

Key Takeaway

Brooks is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Brooks, GA

How much do homes in Brooks, GA cost?

Median Sold Price

$650,000

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$165,000(+34.0%)

Key Takeaway

Homes in Brooks have sold for 34% more than they did a year ago.

Summary: The median home sold price in Brooks was $650,000 in November 2024, up 34% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $412.5K$320K
-22.4%
3 $405K$485K
+19.8%
4 $455K$799.9K
+75.8%
5+ $930K$690K
-25.8%

Summary: Brooks housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.4%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 75.8%, and 5+ bedroom homes decreased by 25.8%.

Housing Supply in Brooks, GA

How many homes are available in Brooks, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1718+5.9%

Summary: The Brooks real estate market had 18 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 45
+25.0%
5+ 98
-11.1%

Summary: The Brooks 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 increased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Brooks in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
119 Days74 Days-38.0%

Summary: Homes in Brooks had an average of 74 days on market in Nov 2024, down by 38% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Brooks; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

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