Brook, IN—47922
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brook, IN
As of Oct '25, the median home price in Brook, IN is $164,000, with a year-over-year change of 1.8%. This indicates that home prices in Brook, IN are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $164,000 | 1.8% |
| Single Family | $164,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $114,000 | -0.9% |
3 Bed | $167,000 | 1.8% |
4 Bed | $199,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Brook, IN
Brook, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Brook, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Brook, IN is 119. This is a increase of 126.0% 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 | $362,000 | 7.0% |
Listing Count | 4 | -56.0% |
| Listings as % of Homes | 0.5% | -56.0% |
Days on Market | 119 | 126.0% |
Demographics — Brook, IN
As of the latest ACS Survey released in 2023, Brook, IN has a population of 1,350, which has decreased by -17.4% over the past 5 years. Brook, IN is a moderately popular place for families, as children make up 16.9% of the population. The area has a poorly educated workforce, with 9.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,350 | -17.4% |
% Under 18 | 16.9% | -21.4% |
% Seniors | 24.6% | 39.0% |
% WFH | 8.2% | 2,633.3% |
% w/ College Degree | 9.9% | 10.0% |
As of the latest ACS Survey released in 2023, Brook, IN is a predominantly white area, with 82.6% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Brook, IN is hispanic, making up 16.2% of the population. Foreign-born residents account for 11.0% of the population in Brook, IN, and this percentage has increased by 48.6% 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 | 82.6% | -2.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 16.2% | 16.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 11.0% | 48.6% |
Mortgage and Risk — Brook, IN
According to HUD data as of 2023, there were 64 mortgage originations in Brook, IN, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Brook, IN. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Brook, IN
Brook, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Brook, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $164,000 |
| Median Household Income | $59,400 |