$2,490 Closing Credit*
$209,700
1,044 SqFt
3 Beds
•1 Full Bath
Jonathan Minerick, Listing Office: Homecoin.com
Is Brookpark, OH 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, Brookpark has remained a Seller's Market.
Key Takeaway
Brookpark is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookpark, OH
How much do homes in Brookpark, OH cost?
Median Sold Price
$210,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+5.0%)
Key Takeaway
Homes in Brookpark have sold for 5% more than they did a year ago.
Summary: The median home sold price in Brookpark was $210,000 in November 2024, up 5% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $162.8K | $170K | +4.4% |
| 3 Bedrooms | $200K | $210K | +5.0% |
| 4 Bedrooms | $225K | $227.5K | +1.1% |
| 5+ Bedrooms | $204.5K | $228K | +11.5% |
Summary: Brookpark 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 4.4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Cities
| Fairview Park | $250K | $279.5K | +11.8% |
| Berea | $216.9K | $235K | +8.3% |
| Brookpark | $200K | $210K | +5.0% |
| Brook Park | $200K | $210K | +5.0% |
| Middleburg Heights | $249.9K | $250K | 0.0% |
Housing Supply in Brookpark, OH
How many homes are available in Brookpark, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 42 | -12.5% |
Summary: The Brookpark real estate market had 42 homes for sale in November 2024, a 12.5% 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 | 9 | 6 | -33.3% |
| 3 Bedrooms | 30 | 31 | +3.3% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Brookpark 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 decreased by 33.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookpark, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Brookpark in November 2024, the same as the previous month. Of the 14 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% were sold over asking.
Days on Market for Brookpark, OH
How long does it take to sell a home in Brookpark, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 30 Days | +40.7% |
Summary: Homes in Brookpark had an average of 30 days on market in Nov 2024, up by 40.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Brookpark are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Brookpark; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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