Is Brooklyn Center, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brooklyn Center is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Brooklyn Center is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Brooklyn Center, OH

How much do homes in Brooklyn Center, OH cost?

Median Sold Price

$130,000

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,760(+14.8%)

Key Takeaway

Homes in Brooklyn Center have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in Brooklyn Center was $130,000 in October 2024, up 14.8% from last year, and the median price per square foot was $69.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $63K$79K
+25.4%
3 $106.7K$125K
+17.1%
4 $120.2K$130.5K
+8.5%
5+ $115K$150K
+30.4%

Summary: Brooklyn Center 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 25.4%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 30.4%.

Housing Supply in Brooklyn Center, OH

How many homes are available in Brooklyn Center, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4239-7.1%

Summary: The Brooklyn Center real estate market had 39 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 98
-11.1%
4 1111
0.0%
5+ 2019
-5.0%

Summary: The Brooklyn Center 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 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
156-60.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brooklyn Center, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Brooklyn Center in October 2024, down by 60.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Brooklyn Center, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days20 Days-4.7%

Summary: Homes in Brooklyn Center had an average of 20 days on market in Oct 2024, down by 4.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were 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

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

Summary: During October 2024, 6 homes were sold in Brooklyn Center; 67% of homes were sold within 30 days, 33% 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 5 Days Ago

Newest Listings in Brooklyn Center, OH

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