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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookfield is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Brookfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Brookfield, OH

How much do homes in Brookfield, OH cost?

Median Sold Price

$175,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+2.9%)

Key Takeaway

Homes in Brookfield have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Brookfield was $175,000 in October 2024, up 2.9% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $127.2K$175K
+37.5%
3 $177.5K$182K
+2.5%
4 $205.1K$160K
-22.0%
5+ $495K-
N/A

Summary: Brookfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 22%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Masury
+70.0%
Brookfield Township
+37.5%
Brookfield
+2.9%
Vienna Township
-11.8%

Housing Supply in Brookfield, OH

How many homes are available in Brookfield, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
15150.0%

Summary: The Brookfield real estate market had 15 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 89
+12.5%
4 22
0.0%
5+ 00
0.0%

Summary: The Brookfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Brookfield in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Brookfield, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days33 Days-21.0%

Summary: Homes in Brookfield had an average of 33 days on market in Oct 2024, down by 21% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Brookfield; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in Brookfield, OH

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