Is Brookside, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Brookside has remained a Seller's Market.
Key Takeaway
Brookside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookside, OK
How much do homes in Brookside, OK cost?
Median Sold Price
$341,625
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Brookside have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Brookside was $341,625 in May 2024, down 2.4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140.2K | $109.1K | -22.2% |
| 2 Bedrooms | $215.4K | $237.5K | +10.2% |
| 3 Bedrooms | $281K | $340K | +21.0% |
| 4 Bedrooms | $725K | $745K | +2.8% |
| 5+ Bedrooms | $1.2M | $922.4K | -23.1% |
Summary: Brookside housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 23.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Brookside | $350K | $341.6K | -2.4% |
| Brookside Business Association | $281K | $267.5K | -4.8% |
Housing Supply in Brookside, OK
How many homes are available in Brookside, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 91 | 96 | +5.5% |
Summary: The Brookside real estate market had 96 homes for sale in May 2024, a 5.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 24 | 26 | +8.3% |
| 3 Bedrooms | 35 | 35 | 0.0% |
| 4 Bedrooms | 23 | 25 | +8.7% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Brookside housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookside, you may be able to get a good deal. 76.2% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Brookside in May 2024, up by 5.0% month-over-month. Of the 21 sold homes, 76% were sold under asking, 24% were sold at asking, and 0% were sold over asking.
Days on Market for Brookside, OK
How long does it take to sell a home in Brookside, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 44 Days | 21 Days | -51.3% |
Summary: Homes in Brookside had an average of 21 days on market in May 2024, down by 51.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Brookside are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 21 homes were sold in Brookside; 81% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
