Is Brookfield, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookfield is a seller's market

Buyer's
Market

Difference Since November 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

$360,000

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$9,000(-2.4%)

Key Takeaway

Homes in Brookfield have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Brookfield was $360,000 in November 2024, down 2.4% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $180K-
N/A
2 $333.5K$332.5K
-0.3%
3 $332.9K$352.5K
+5.9%
4 $500K$365.5K
-26.9%
5+ $409K$450K
+10.0%

Summary: Brookfield 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 0.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 26.9%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Cities

North Brookfield
+17.3%
West Brookfield
+6.5%
Brookfield
-2.4%

Housing Supply in Brookfield, MA

How many homes are available in Brookfield, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1110-9.1%

Summary: The Brookfield real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 97
-22.2%
4 13
+200.0%
5+ 10
-100.0%

Summary: The Brookfield 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 22.2%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

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 Brookfield, 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 Brookfield in November 2024, down by 25.0% 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 Brookfield, MA

How long does it take to sell a home in Brookfield, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days36 Days+29.4%

Summary: Homes in Brookfield had an average of 36 days on market in Nov 2024, up by 29.4% compared to last year.

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 Brookfield has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Brookfield; 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 2 Days Ago

Newest Listings in Brookfield, MA

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