Is Brewster, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brewster is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Brewster has remained a Seller's Market.

Key Takeaway

Brewster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brewster, OH

How much do homes in Brewster, OH cost?

Median Sold Price

$159,500

$131/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$45,200(-22.1%)

Key Takeaway

Homes in Brewster have sold for 22.1% less than they did a month ago.

Summary: The median home sold price in Brewster was $159,500 in May 2024, down 22.1% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $128.5K$169K
+31.5%
3 $224.8K$150K
-33.3%
4 $220K-
N/A
5+ --
N/A

Summary: Brewster housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.5%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Brewster, OH

How many homes are available in Brewster, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
85-37.5%

Summary: The Brewster real estate market had 5 homes for sale in May 2024, a 37.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 31
-66.7%
3 33
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Brewster housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brewster, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Brewster in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Brewster, OH

How long does it take to sell a home in Brewster, OH?

Average Sale Time

Apr 2024May 2024CHANGE
32 Days20 Days-36.3%

Summary: Homes in Brewster had an average of 20 days on market in May 2024, down by 36.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brewster are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Brewster; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Brewster, OH