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Wednesday, December 25, 2024

Brookfield home prices rise in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Brookfield rose by $12,000 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through December of 2019, there were two homes sold, with a median sale price of $293,000 - a 4.3% increase over the $281,000 median sale price for the same period of the previous year. There were three homes sold in Brookfield in the second half of 2018.

The median sales tax in Brookfield for the most recent year with available data, 2015, was $817, approximately 0.3% of the median home sale price for the second half of 2019.

The following table compares Brookfield to other Kent County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Moores Lake Development46-33.3%$310,000$411,250-24.6%
Rising Sun-Lebanon403611.1%$309,650$287,4507.7%
Hickory Ridge38-62.5%$305,000$262,00016.4%
Brenford6520%$305,000$285,0007%
Magnolia98105-6.7%$301,028$289,9003.8%
Brookfield23-33.3%$293,000$281,0004.3%
Wind Song Farms63100%$290,664.50$295,000-1.5%
Quails Nest330%$290,000$268,1008.2%
Clayton124129-3.9%$275,150$230,00019.6%
Church Creek35-40%$275,000$232,00018.5%
Woods Haven440%$262,500$225,45016.4%

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