$4,511 Closing Credit*
$379,900
1,758 SqFt
3 Beds
•2 Full Baths
#73319591, Lana Kopsala, Listing Office: Coldwell Banker Realty - Leominster
Is North Brookfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North Brookfield has remained a Seller's Market.
Key Takeaway
North Brookfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Brookfield, MA
How much do homes in North Brookfield, MA cost?
Median Sold Price
$397,500
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$58,500(+17.3%)
Key Takeaway
Homes in North Brookfield have sold for 17.3% more than they did a year ago.
Summary: The median home sold price in North Brookfield was $397,500 in November 2024, up 17.3% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | - | N/A |
| 2 Bedrooms | $282.5K | $347.8K | +23.1% |
| 3 Bedrooms | $327.9K | $436.5K | +33.1% |
| 4 Bedrooms | $504.9K | $350K | -30.7% |
| 5+ Bedrooms | $406K | $420K | +3.4% |
Summary: North 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 increased by 23.1%, 3 bedroom homes increased by 33.1%, 4 bedroom homes decreased by 30.7%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Cities
| North Brookfield | $339K | $397.5K | +17.3% |
| Spencer | $385K | $425K | +10.4% |
| West Brookfield | $375K | $399.5K | +6.5% |
| Brookfield | $369K | $360K | -2.4% |
Housing Supply in North Brookfield, MA
How many homes are available in North Brookfield, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The North Brookfield real estate market had 25 homes for sale in November 2024, a 3.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The North 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 increased by 50%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in North Brookfield, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in North Brookfield in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for North Brookfield, MA
How long does it take to sell a home in North Brookfield, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 65 Days | +169.8% |
Summary: Homes in North Brookfield had an average of 65 days on market in Nov 2024, up by 169.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in North Brookfield has remained consistent over time.
Summary: During November 2024, 5 homes were sold in North Brookfield; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
