Brookline, MA—02445
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brookline, MA
As of Oct '25, the median home price in Brookline, MA is $1,083,000, with a year-over-year change of -0.5%. This indicates that home prices in Brookline, MA are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,083,000 | -0.5% |
| Single Family | $1,386,000 | -5.0% |
| Condos | $850,000 | 2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $557,000 | 0.9% |
2 Bed | $842,000 | 1.6% |
3 Bed | $1,301,000 | 3.2% |
4 Bed | $2,102,000 | 1.8% |
| 5 Bed | $3,345,000 | 2.7% |
% of Housing Stock
Rental Trends — Brookline, MA
As of July '25, Rentcast reports the average rent in Brookline, MA is $4,130, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in Brookline, MA is studios: $2,350, 1-bedrooms: $2,960, 2-bedrooms: $3,580, 3-bedrooms: $4,600, 4-bedrooms: $5,420. The most common rental property sizes in Brookline, MA are 2-bedroom and 1-bedroom, accounting for 29.8% and 29.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,950 | $4,130 |
| Studio Rent | $2,280 | $2,350 |
| 1 Bed Rent | $2,800 | $2,960 |
| 2 Bed Rent | $3,400 | $3,580 |
| 3 Bed Rent | $4,400 | $4,600 |
| 4 Bed Rent | $5,500 | $5,420 |
% of Rental Stock
Property Listings — Brookline, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Brookline, MA is 49. This is a increase of 7.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,790,000 | -18.0% |
Listing Count | 76 | 34.0% |
| Listings as % of Homes | 0.3% | 34.0% |
Days on Market | 49 | 7.0% |
Demographics — Brookline, MA
As of the latest ACS Survey released in 2023, Brookline, MA has a population of 22,600, which has increased by 5.8% over the past 5 years. Brookline, MA is a moderately popular place for families, as children make up 19.4% of the population. The area has a highly educated workforce, with 85.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,600 | 5.8% |
% Under 18 | 19.4% | -10.2% |
% Seniors | 14.7% | -2.6% |
% WFH | 27.9% | 240.2% |
% w/ College Degree | 85.7% | 4.0% |
As of the latest ACS Survey released in 2023, Brookline, MA is a predominantly white area, with 67.3% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Brookline, MA is asian, making up 14.4% of the population. Foreign-born residents account for 23.4% of the population in Brookline, MA, and this percentage has decreased by 14.0% 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 | 67.3% | -3.7% |
% Black | 4.3% | -2.3% |
% Hispanic | 7.0% | -10.3% |
% Asian | 14.4% | 0.0% |
% Foreign Born | 23.4% | -14.0% |
Mortgage and Risk — Brookline, MA
According to HUD data as of 2023, there were 244 mortgage originations in Brookline, MA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Brookline, MA. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 244 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Brookline, MA
As of 2024, the percent of homes in Brookline, MA under the Section 8 program is 6.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Brookline, MA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 405 |
Total Units Section 8 | 304 |
% Rentals under Section 8 | 6.8% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $470 | $2,800 | $3,270 |
| 2 Bedroom | $480 | $3,400 | $3,880 |
| 3 Bedroom | $270 | $4,400 | $4,670 |
| 4 Bedroom | -$360 | $5,500 | $5,140 |
Affordability — Brookline, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $1,083,000 |
| Median Household Income | $146,000 |