Brookston, IN—47923
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brookston, IN
Brookston, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $236,000 | 5.7% |
| Single Family | $236,000 | 5.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $186,000 | 4.5% |
3 Bed | $242,000 | 5.7% |
4 Bed | $313,000 | 6.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Brookston, IN
As of July '25, Rentcast reports the average rent in Brookston, IN is $1,010, with a year-over-year rent change of -15.8%. Per bedroom, the median rent as of July '25 in Brookston, IN is 2-bedrooms: $917, 3-bedrooms: $1,300. The most common rental property sizes in Brookston, IN are 3-bedroom and 2-bedroom, accounting for 39.8% and 38.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $775 | $1,010 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $775 | $917 |
| 3 Bed Rent | $1,300 | $1,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Brookston, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Brookston, IN is 46. This is a decrease of -61.0% 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 60.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $274,000 | 19.0% |
Listing Count | 10 | 131.0% |
| Listings as % of Homes | N/A | 131.0% |
Days on Market | 46 | -61.0% |
Demographics — Brookston, IN
As of the latest ACS Survey released in 2023, Brookston, IN has a population of 3,550, which has increased by 6.4% over the past 5 years. Brookston, IN is a moderately popular place for families, as children make up 20.8% of the population. The area has a poorly educated workforce, with 22.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,550 | 6.4% |
% Under 18 | 20.8% | -13.3% |
% Seniors | 24.5% | 61.2% |
% WFH | 8.8% | 417.6% |
% w/ College Degree | 22.3% | 7.2% |
As of the latest ACS Survey released in 2023, Brookston, IN is a predominantly white area, with 93.8% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Brookston, IN is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.5% of the population in Brookston, IN, and this percentage has increased by 275.0% 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 | 93.8% | -3.8% |
% Black | 0.2% | ∞% |
% Hispanic | 2.4% | 41.2% |
% Asian | 0.3% | 200.0% |
% Foreign Born | 1.5% | 275.0% |
Mortgage and Risk — Brookston, IN
According to HUD data as of 2023, there were 90 mortgage originations in Brookston, IN, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Brookston, IN. Investor activity is low, as 1.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 90 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Brookston, IN
Brookston, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | $155 | $775 | $930 |
| 3 Bedroom | -$170 | $1,300 | $1,130 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Brookston, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $236,000 |
| Median Household Income | $77,300 |