Brookline, MA—02446
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 $1,046,000, 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 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,046,000 | -0.5% |
| Single Family | $1,256,000 | -1.1% |
| Condos | $915,000 | 4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $630,000 | 0.8% |
2 Bed | $919,000 | 1.5% |
3 Bed | $1,378,000 | 1.5% |
4 Bed | $1,952,000 | 2.1% |
| 5 Bed | $2,788,000 | -0.4% |
% of Housing Stock
Rental Trends — Brookline, MA
As of July '25, Rentcast reports the average rent in Brookline, MA is $4,120, with a year-over-year rent change of 2.5%. Per bedroom, the median rent as of July '25 in Brookline, MA is studios: $2,480, 1-bedrooms: $3,050, 2-bedrooms: $3,790, 3-bedrooms: $4,730, 4-bedrooms: $6,010. The most common rental property sizes in Brookline, MA are 2-bedroom and 1-bedroom, accounting for 35.9% and 33.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,700 | $4,120 |
| Studio Rent | $2,400 | $2,480 |
| 1 Bed Rent | $3,000 | $3,050 |
| 2 Bed Rent | $3,650 | $3,790 |
| 3 Bed Rent | $4,550 | $4,730 |
| 4 Bed Rent | $6,000 | $6,010 |
% 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 41. This is a increase of 14.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,700,000 | 19.0% |
Listing Count | 70 | 30.0% |
| Listings as % of Homes | 0.2% | 30.0% |
Days on Market | 41 | 14.0% |
Demographics — Brookline, MA
As of the latest ACS Survey released in 2023, Brookline, MA has a population of 31,100, which has increased by 4.3% over the past 5 years. Brookline, MA is a moderately popular place for families, as children make up 16.0% of the population. The area has a highly educated workforce, with 84.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,100 | 4.3% |
% Under 18 | 16.0% | 15.9% |
% Seniors | 15.0% | -3.2% |
% WFH | 27.0% | 328.6% |
% w/ College Degree | 84.5% | 0.2% |
As of the latest ACS Survey released in 2023, Brookline, MA is a predominantly white area, with 65.1% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Brookline, MA is asian, making up 19.4% of the population. Foreign-born residents account for 31.3% of the population in Brookline, MA, and this percentage has increased by 3.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 65.1% | -6.5% |
% Black | 3.1% | 93.8% |
% Hispanic | 5.6% | -35.6% |
% Asian | 19.4% | 15.5% |
% Foreign Born | 31.3% | 3.6% |
Mortgage and Risk — Brookline, MA
According to HUD data as of 2023, there were 241 mortgage originations in Brookline, MA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Brookline, MA. Investor activity is low, as 2.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 241 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Brookline, MA
As of 2024, the percent of homes in Brookline, MA under the Section 8 program is 8.4%. 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 | 841 |
Total Units Section 8 | 803 |
% Rentals under Section 8 | 8.4% |
% Occupied Section 8 | 85.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $430 | $3,000 | $3,430 |
| 2 Bedroom | $410 | $3,650 | $4,060 |
| 3 Bedroom | $340 | $4,550 | $4,890 |
| 4 Bedroom | -$620 | $6,000 | $5,380 |
Affordability — Brookline, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.1 |
| Median Home Price | $1,046,000 |
| Median Household Income | $128,000 |