Is Brooks, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Brooks was a Seller's Market.
Housing Prices in Brooks, GA
How much do homes in Brooks, GA cost?
Median Sold Price
$504,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Brooks was $504,000 in May 2024, up 12% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $412.5K | N/A |
3 Bedrooms | $343.7K | $435K | +26.5% |
4 Bedrooms | $440K | $490K | +11.4% |
5+ Bedrooms | $925K | $920K | -0.5% |
Summary: Brooks housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes decreased by 0.5%.
Housing Supply in Brooks, GA
How many homes are available in Brooks, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 18 | +20.0% |
Summary: The Brooks real estate market had 18 homes for sale in May 2024, a 20.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 1 | 3 | +200.0% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Brooks 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 100%, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Brooks in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Brooks, GA
How long does it take to sell a home in Brooks, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
55 Days | 115 Days | +106.0% |
Summary: Homes in Brooks had an average of 115 days on market in May 2024, up by 106% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Brooks; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.