Brookfield, MA—01506
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brookfield, MA
As of Oct '25, the median home price in Brookfield, MA is $402,000, with a year-over-year change of -0.1%. This indicates that home prices in Brookfield, MA are flat. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $402,000 | -0.1% |
| Single Family | $404,000 | -0.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $328,000 | -0.9% |
3 Bed | $416,000 | 0.0% |
4 Bed | $467,000 | 1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Brookfield, MA
As of July '25, Rentcast reports the average rent in Brookfield, MA is $2,800, with a year-over-year rent change of 154.5%. Per bedroom, the median rent as of July '25 in Brookfield, MA is 3-bedrooms: $2,800. The most common rental property sizes in Brookfield, MA are 1-bedroom and 2-bedroom, accounting for 54.4% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,800 | $2,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Brookfield, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Brookfield, MA is 49. This is a increase of 76.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $334,000 | -29.0% |
Listing Count | 6 | 31.0% |
| Listings as % of Homes | 0.3% | 31.0% |
Days on Market | 49 | 76.0% |
Demographics — Brookfield, MA
As of the latest ACS Survey released in 2023, Brookfield, MA has a population of 3,440, which has remained stable by 0.3% over the past 5 years. Brookfield, MA is a moderately popular place for families, as children make up 15.2% of the population. The area has a moderately educated workforce, with 26.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,440 | 0.3% |
% Under 18 | 15.2% | -25.5% |
% Seniors | 25.6% | 24.9% |
% WFH | 8.0% | 29.0% |
% w/ College Degree | 26.6% | -8.9% |
As of the latest ACS Survey released in 2023, Brookfield, MA is a predominantly white area, with 91.1% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Brookfield, MA is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.1% of the population in Brookfield, MA, and this percentage has decreased by 78.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.1% | 0.4% |
% Black | 0.5% | -61.5% |
% Hispanic | 2.9% | ∞% |
% Asian | 0.7% | -53.3% |
% Foreign Born | 1.1% | -78.4% |
Mortgage and Risk — Brookfield, MA
According to HUD data as of 2023, there were 68 mortgage originations in Brookfield, MA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Brookfield, MA. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 68 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Brookfield, MA
Brookfield, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,170 |
| 2 Bedroom | N/A | N/A | $1,500 |
| 3 Bedroom | -$990 | $2,800 | $1,810 |
| 4 Bedroom | N/A | N/A | $2,000 |
Affordability — Brookfield, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $402,000 |
| Median Household Income | $71,900 |