Is Brookfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Brookfield has remained a Seller's Market.
Key Takeaway
Brookfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookfield, MA
How much do homes in Brookfield, MA cost?
Median Sold Price
$370,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
Key Takeaway
The sold price of homes in Brookfield has remained the same since last year.
Summary: The median home sold price in Brookfield was $370,000 in December 2024, up 0.5% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | - | N/A |
| 2 Bedrooms | $333.5K | $332.5K | -0.3% |
| 3 Bedrooms | $320K | $392.5K | +22.7% |
| 4 Bedrooms | $500K | $401K | -19.8% |
| 5+ Bedrooms | $400K | $450K | +12.5% |
Summary: Brookfield housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
| West Brookfield | $375K | $475K | +26.7% |
| North Brookfield | $339.5K | $400K | +17.8% |
| Brookfield | $368.2K | $370K | 0.5% |
Housing Supply in Brookfield, MA
How many homes are available in Brookfield, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Brookfield real estate market had 5 homes for sale in December 2024, a 28.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Brookfield housing inventory by bedroom type for December 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 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookfield, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Brookfield in December 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Brookfield, MA
How long does it take to sell a home in Brookfield, MA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 17 Days | 22 Days | +32.4% |
Summary: Homes in Brookfield had an average of 22 days on market in Dec 2024, up by 32.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brookfield are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Brookfield; 100% 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.
