North Brookfield, MA 01535 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

North Brookfield, MA—01535

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$376,000

1.1% YoY Growth

Household Income

$81,000

10.1% YoY Growth

Days on Market

38.0% Longer YoY

Home Price Forecast

2.8%

Median Rent

$1,200

4.3% YoY Growth

1-Bed Rent

$1,200

4.3% YoY Growth

2-Bed Rent

$1,580

3.3% YoY Growth

3-Bed Rent

N/A

Home Price Trends — North Brookfield, MA

As of Dec '25, the median home price in North Brookfield, MA is $376,000, with a year-over-year change of -1.1%. This indicates that home prices in North Brookfield, MA are decreasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$376,000	-1.1%
Single Family	$380,000	-1.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — North Brookfield, MA

As of July '25, Rentcast reports the average rent in North Brookfield, MA is $1,320, with a year-over-year rent change of -4.3%. Per bedroom, the median rent as of July '25 in North Brookfield, MA is 1-bedrooms: $1,200, 2-bedrooms: $1,580. The most common rental property sizes in North Brookfield, MA are 1-bedroom and 2-bedroom, accounting for 44.5% and 40.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,200	$1,320
Studio Rent	N/A	N/A
1 Bed Rent	$1,200	$1,200
2 Bed Rent	$1,580	$1,580
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

44.5%

2 Bedrooms

40.6%

3 Bedrooms

12.0%

5+ Bedrooms

3.0%

Property Listings — North Brookfield, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in North Brookfield, MA is 45. This is a increase of 69.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$542,000	15.0%
Listing Count	6	-25.0%
Listings as % of Homes	0.1%	-25.0%
Days on Market	75	38.0%

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Demographics — North Brookfield, MA

As of the latest ACS Survey released in 2023, North Brookfield, MA has a population of 4,740, which has remained stable by -0.5% over the past 5 years. North Brookfield, MA is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 26.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,740	-0.5%
% Under 18	17.9%	-9.6%
% Seniors	19.7%	28.8%
% WFH	9.1%	152.8%
% w/ College Degree	26.5%	0.0%

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As of the latest ACS Survey released in 2023, North Brookfield, MA is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in North Brookfield, MA is black, making up 1.0% of the population. Foreign-born residents account for 1.5% of the population in North Brookfield, MA, and this percentage has decreased by 16.7% 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	94.9%	-3.1%
% Black	1.0%	66.7%
% Hispanic	0.9%	-10.0%
% Asian	0.1%	-80.0%
% Foreign Born	1.5%	-16.7%

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Mortgage and Risk — North Brookfield, MA

According to HUD data as of 2023, there were 95 mortgage originations in North Brookfield, MA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in North Brookfield, MA. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	95
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	18.0%

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Rentals and Section 8 — North Brookfield, MA

North Brookfield, MA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	34
Total Units Section 8	34
% Rentals under Section 8	5.5%
% Occupied Section 8	99.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$30	$1,200	$1,170
2 Bedroom	-$80	$1,580	$1,500
3 Bedroom	N/A	N/A	$1,810
4 Bedroom	N/A	N/A	$2,090

North Brookfield, MA—01535

Key Metrics at a Glance

Home Price Trends — North Brookfield, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Brookfield, MA

% of Rental Stock

Property Listings — North Brookfield, MA

Demographics — North Brookfield, MA

Race and Ethnicity

Mortgage and Risk — North Brookfield, MA

Mortgages

Rentals and Section 8 — North Brookfield, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — North Brookfield, MA

Home Price to Income Ratio

North Brookfield, MA — ZIP Code Boundary Map

Nearby ZIP Codes

New Braintree, MA

East Brookfield, MA

Brookfield, MA

Oakham, MA

Spencer, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$376,000
Median Household Income	$81,000

North Brookfield, MA—01535

Key Metrics at a Glance

Home Price Trends — North Brookfield, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Brookfield, MA

% of Rental Stock

Property Listings — North Brookfield, MA

Demographics — North Brookfield, MA

Race and Ethnicity

Mortgage and Risk — North Brookfield, MA

Mortgages

Rentals and Section 8 — North Brookfield, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — North Brookfield, MA

Home Price to Income Ratio

North Brookfield, MA — ZIP Code Boundary Map

Nearby ZIP Codes

New Braintree, MA

East Brookfield, MA

Brookfield, MA

Oakham, MA

Spencer, MA

Frequently Asked Questions

What is the average home price in North Brookfield, MA 01535?

How have home prices in North Brookfield, MA 01535 changed over the past year?

What is the home price projection for North Brookfield, MA 01535?

What are the demographics of North Brookfield, MA 01535?

How long does it take homes to sell in North Brookfield, MA 01535?

What is the average rent price in North Brookfield, MA 01535?