Housing in Brookline, MA is more expensive than the US House Median Value, with the median value being $1,026,200. This number is significantly higher than the US House Median Value of $338,100 indicating that the housing market in Brookline is extremely competitive and can be difficult for those looking to purchase a home. Despite this high price tag, there has recently been a strong appreciation of housing in Brookline with 1 year house appreciation at 16.14%, which is much higher than the national average of 8.27%. This indicates that potential buyers should consider investing in Brookline real estate soon as prices are likely to continue their increase due to increased demand and limited supply.
The median home cost in Brookline is $1,026,200. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Brookline is up 10.8%.
Average Age of Homes
- The median age of Brookline real estate is 78 years old
The Rental Market in Brookline
- Renters make up 45.5% of the Brookline population
- 0.8% of houses and apartments in Brookline, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.