Brookfield, CT—06804
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brookfield, CT
As of Oct '25, the median home price in Brookfield, CT is $555,000, with a year-over-year change of 2.8%. This indicates that home prices in Brookfield, CT are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $555,000 | 2.8% |
| Single Family | $609,000 | 2.5% |
| Condos | $343,000 | 2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $269,000 | 4.3% |
2 Bed | $396,000 | 3.1% |
3 Bed | $542,000 | 2.1% |
4 Bed | $716,000 | 2.7% |
| 5 Bed | $829,000 | 3.2% |
% of Housing Stock
Rental Trends — Brookfield, CT
As of July '25, Rentcast reports the average rent in Brookfield, CT is $2,750, with a year-over-year rent change of 5.0%. Per bedroom, the median rent as of July '25 in Brookfield, CT is studios: $1,780, 1-bedrooms: $1,900, 2-bedrooms: $2,620, 3-bedrooms: $4,070, 4-bedrooms: $5,170. The most common rental property sizes in Brookfield, CT are 2-bedroom and 1-bedroom, accounting for 39.5% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,750 |
| Studio Rent | $1,780 | $1,780 |
| 1 Bed Rent | $1,900 | $1,900 |
| 2 Bed Rent | $2,600 | $2,620 |
| 3 Bed Rent | $4,500 | $4,070 |
| 4 Bed Rent | $4,000 | $5,170 |
% of Rental Stock
Property Listings — Brookfield, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Brookfield, CT is 40. This is a increase of 6.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $632,000 | -13.0% |
Listing Count | 80 | 5.0% |
| Listings as % of Homes | 0.6% | 5.0% |
Days on Market | 40 | 6.0% |
Demographics — Brookfield, CT
As of the latest ACS Survey released in 2023, Brookfield, CT has a population of 17,900, which has increased by 3.4% over the past 5 years. Brookfield, CT is a moderately popular place for families, as children make up 21.9% of the population. The area has a highly educated workforce, with 53.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,900 | 3.4% |
% Under 18 | 21.9% | -7.6% |
% Seniors | 20.7% | 22.5% |
% WFH | 14.6% | 87.2% |
% w/ College Degree | 53.8% | 7.6% |
As of the latest ACS Survey released in 2023, Brookfield, CT is a predominantly white area, with 78.6% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Brookfield, CT is hispanic, making up 9.9% of the population. Foreign-born residents account for 14.3% of the population in Brookfield, CT, and this percentage has increased by 31.2% 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 | 78.6% | -6.9% |
% Black | 3.8% | 216.7% |
% Hispanic | 9.9% | 35.6% |
% Asian | 3.1% | -42.6% |
% Foreign Born | 14.3% | 31.2% |
Mortgage and Risk — Brookfield, CT
According to HUD data as of 2023, there were 326 mortgage originations in Brookfield, CT, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Brookfield, CT. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 326 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Brookfield, CT
As of 2024, the percent of homes in Brookfield, CT under the Section 8 program is 4.7%. 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 Brookfield, CT, 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 | 57 |
Total Units Section 8 | 57 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,900 | $2,030 |
| 2 Bedroom | -$190 | $2,600 | $2,410 |
| 3 Bedroom | -$1,440 | $4,500 | $3,060 |
| 4 Bedroom | -$680 | $4,000 | $3,320 |
Affordability — Brookfield, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $555,000 |
| Median Household Income | $143,000 |