Is Brook, IN 47922 a buyer’s or seller’s market?
Brook is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Brook housing market right now
In the three months ending August 31, 2026, 33% of homes in Brook, IN 47922 sold above their list price, the typical home went under contract in 105 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (33% then), homes sold more slowly (42 days then) and the median sale price fell 13% to $129,944. Overall, Brook is less competitive than a year ago, which gives buyers more room.
Within Newton County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Thayer 46381 (0% sold over asking) or Sumava Resorts 46379 (0% sold over asking).
Run the numbers for 47922
Nearby markets
Fair Oaks 47943 — /sq ftGoodland 47948Seller’s market $66 /sq ftKentland 47951Seller’s market $107 /sq ftLake Village 46349Balanced $159 /sq ft Browse all markets →Towns like Brook nearby
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Questions about Brook real estate
Is Brook a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Brook, IN 47922 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 Brook?
The typical home went under contract in 105 days in the latest three months.
Do homes in Brook sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Brook?
About 0.77% of a home’s value a year in Newton County, or roughly $3,080 on a $400,000 home.
What is the median home price in Brook?
The median sale price was $129,944 in the three months ending August 31, 2026, about $111 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