Brookline, MA—02467
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 $1,238,000, with a year-over-year change of 1.4%. This indicates that home prices in Brookline, MA are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,238,000 | 1.4% |
| Single Family | $1,533,000 | 5.4% |
| Condos | $750,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $483,000 | 1.9% |
2 Bed | $699,000 | 0.3% |
3 Bed | $1,375,000 | 0.8% |
4 Bed | $1,996,000 | 0.3% |
| 5 Bed | $3,175,000 | 1.3% |
% of Housing Stock
Rental Trends — Brookline, MA
As of July '25, Rentcast reports the average rent in Brookline, MA is $3,980, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Brookline, MA is studios: $2,630, 1-bedrooms: $3,110, 2-bedrooms: $4,170, 3-bedrooms: $5,740, 4-bedrooms: $5,570. The most common rental property sizes in Brookline, MA are 2-bedroom and 1-bedroom, accounting for 34.4% and 26.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,560 | $3,980 |
| Studio Rent | $2,500 | $2,630 |
| 1 Bed Rent | $3,170 | $3,110 |
| 2 Bed Rent | $4,080 | $4,170 |
| 3 Bed Rent | $6,000 | $5,740 |
| 4 Bed Rent | $5,400 | $5,570 |
% 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 53. This is a decrease of -13.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,340,000 | -35.0% |
Listing Count | 68 | 20.0% |
| Listings as % of Homes | 0.2% | 20.0% |
Days on Market | 53 | -13.0% |
Demographics — Brookline, MA
As of the latest ACS Survey released in 2023, Brookline, MA has a population of 22,300, which has increased by 2.1% over the past 5 years. Brookline, MA is a moderately popular place for families, as children make up 18.3% of the population. The area has a highly educated workforce, with 83.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,300 | 2.1% |
% Under 18 | 18.3% | 9.6% |
% Seniors | 16.7% | 7.7% |
% WFH | 22.7% | 173.5% |
% w/ College Degree | 83.0% | 5.6% |
As of the latest ACS Survey released in 2023, Brookline, MA is a predominantly white area, with 67.1% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Brookline, MA is asian, making up 15.9% of the population. Foreign-born residents account for 21.3% of the population in Brookline, MA, and this percentage has decreased by 3.6% 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 | 67.1% | -1.6% |
% Black | 3.2% | -36.0% |
% Hispanic | 6.5% | -3.0% |
% Asian | 15.9% | 1.3% |
% Foreign Born | 21.3% | -3.6% |
Mortgage and Risk — Brookline, MA
According to HUD data as of 2023, there were 127 mortgage originations in Brookline, MA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, 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. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 127 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Brookline, MA
As of 2024, the percent of homes in Brookline, MA under the Section 8 program is 10.2%. 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 units appear to be good home sizes to consider for Section 8 housing in Brookline, MA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 231 |
Total Units Section 8 | 231 |
% Rentals under Section 8 | 10.2% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $3,170 | $3,230 |
| 2 Bedroom | -$250 | $4,080 | $3,830 |
| 3 Bedroom | -$1,390 | $6,000 | $4,610 |
| 4 Bedroom | -$320 | $5,400 | $5,080 |
Affordability — Brookline, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $1,238,000 |
| Median Household Income | $174,000 |