Is Brookfield, MA 01506 a buyer’s or seller’s market?
Brookfield is a seller’s market. With about 2.6 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Brookfield housing market right now
In the three months ending August 31, 2026, 50% of homes in Brookfield, MA 01506 sold above their list price, the typical home went under contract in 20 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold faster (41 days then) and the median sale price rose 15% to $438,810. Overall, Brookfield is more competitive than a year ago, so tougher for buyers.
Within Worcester County, homes here sell faster than in 91% of the county’s ZIP codes, and sell more often over asking than in 57%.
Nearby, buyers who want less competition could look at Fayville 01745 (0% sold over asking) or Worcester 01608 (0% sold over asking), while Leicester 01524 (80% sold over asking) and Cherry Valley 01611 (71% sold over asking) are even more competitive.
Run the numbers for 01506
Nearby markets
Ashburnham 01430Seller’s market $275 /sq ftAthol 01331Seller’s market $248 /sq ftAuburn 01501Seller’s market $299 /sq ftBaldwinville 01436Buyer’s market $277 /sq ft Browse all markets →Towns like Brookfield nearby
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Questions about Brookfield real estate
Is Brookfield a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Brookfield, MA 01506 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Brookfield?
The typical home went under contract in 20 days in the latest three months.
Do homes in Brookfield sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 102.5% of the list price.
What are property taxes in Brookfield?
About 1.28% of a home’s value a year in Worcester County, or roughly $5,120 on a $400,000 home.
What is the median home price in Brookfield?
The median sale price was $438,810 in the three months ending August 31, 2026, about $267 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology