Is Brookfield, MO 64628 a buyer’s or seller’s market?
Brookfield is a balanced market. With about 5.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 19% of U.S. ZIP codes, and #237 of 274 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Brookfield housing market right now
In the three months ending August 31, 2026, 15% of homes in Brookfield, MO 64628 sold above their list price, the typical home went under contract in 40 days and there were 5.7 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. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (64 days then) and the median sale price held steady to $164,929. Overall, Brookfield is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Meadville 64659 (0% sold over asking) or Laclede 64651 (0% sold over asking).
Run the numbers for 64628
Nearby markets
Bucklin 64631 — /sq ftLaclede 64651Balanced $139 /sq ftLinneus 64653 — /sq ftMeadville 64659Seller’s market $80 /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 balanced market: there were 5.7 months of supply in Brookfield, MO 64628 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 40 days in the latest three months.
Do homes in Brookfield sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Brookfield?
About 0.72% of a home’s value a year in Linn County, or roughly $2,880 on a $400,000 home.
What is the median home price in Brookfield?
The median sale price was $164,929 in the three months ending August 31, 2026, about $110 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