Is Brook, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brook is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Brook has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Brook, IN

How much do homes in Brook, IN cost?

Median Sold Price

$160,000

$87/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$20,000(+14.3%)

Key Takeaway

Homes in Brook have sold for 14.3% more than they did a month ago.

Summary: The median home sold price in Brook was $160,000 in November 2024, up 14.3% from last month, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$160K
N/A
4 $140K-
N/A
5+ --
N/A

Summary: Brook housing prices by bedroom type for November 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Brook
+14.3%
Iroquois Township
+14.3%

Housing Supply in Brook, IN

How many homes are available in Brook, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
32-33.3%

Summary: The Brook real estate market had 2 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Brook 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 remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 Brook, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Brook in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Brook, IN

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Brook, IN

Nearby Markets to Brook, IN