Brookfield, MA 01506 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Brookfield, MA—01506

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$412,000

1.3% YoY Growth

Household Income

$71,900

5.5% YoY Growth

Days on Market

17.0% Shorter YoY

Home Price Forecast

1.1%

Median Rent

$2,800

154.5% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,800

N/A

Home Price Trends — Brookfield, MA

As of May '26, the median home price in Brookfield, MA is $412,000, with a year-over-year change of -1.3%. This indicates that home prices in Brookfield, MA are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$412,000	-1.3%
Single Family	$415,000	-0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

54.4%

2 Bedrooms

31.9%

4 Bedrooms

9.3%

5+ Bedrooms

4.4%

Property Listings — Brookfield, MA

As of May '26, Realtor.com reports that the median days on market for a home in Brookfield, MA is 25. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$268,000	-27.0%
Listing Count	13	100.0%
Listings as % of Homes	0.3%	100.0%
Days on Market	25	-17.0%

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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%

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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%

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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%

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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

Brookfield, MA—01506

Key Metrics at a Glance

Home Price Trends — Brookfield, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Brookfield, MA

% of Rental Stock

Property Listings — Brookfield, MA

Demographics — Brookfield, MA

Race and Ethnicity

Mortgage and Risk — Brookfield, MA

Mortgages

Rentals and Section 8 — Brookfield, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Brookfield, MA

Home Price to Income Ratio

Brookfield, MA — ZIP Code Boundary Map

Nearby ZIP Codes

East Brookfield, MA

Warren, MA

North Brookfield, MA

Sturbridge, MA

Sturbridge, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5
Median Home Price	$412,000
Median Household Income	$71,900

Brookfield, MA—01506

Key Metrics at a Glance

Home Price Trends — Brookfield, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Brookfield, MA

% of Rental Stock

Property Listings — Brookfield, MA

Demographics — Brookfield, MA

Race and Ethnicity

Mortgage and Risk — Brookfield, MA

Mortgages

Rentals and Section 8 — Brookfield, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Brookfield, MA

Home Price to Income Ratio

Brookfield, MA — ZIP Code Boundary Map

Nearby ZIP Codes

East Brookfield, MA

Warren, MA

North Brookfield, MA

Sturbridge, MA

Sturbridge, MA

Frequently Asked Questions

What is the average home price in Brookfield, MA 01506?

How have home prices in Brookfield, MA 01506 changed over the past year?

What is the home price projection for Brookfield, MA 01506?

What are the demographics of Brookfield, MA 01506?

How long does it take homes to sell in Brookfield, MA 01506?

What is the average rent price in Brookfield, MA 01506?