Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 17,543 people, 6,584 houses or apartments, and a median cost of homes of $552,587, real estate costs in Brookfield are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Connecticut communities.
Single-family detached homes are the single most common housing type in Brookfield, accounting for 71.91% of the town's housing units. Other types of housing that are prevalent in Brookfield include large apartment complexes or high rise apartments ( 14.63%), row houses and other attached homes ( 7.95%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.52%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brookfield. Owner-occupied housing accounts for 84.35% of Brookfield's homes, and 61.95% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Brookfield built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Brookfield built between 1940-1969 ( 34.56%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.74%). There's also some housing in Brookfield built before 1939 ( 4.50%).
Brookfield's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Brookfield during the period has been just 4.60%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Brookfield's appreciation rate, at 6.49%, has been at or slightly above the national average. In the latest quarter, Brookfield's appreciation rate has been 0.41%, which annualizes to a rate of 1.64%.
Relative to Connecticut, our data show that Brookfield's latest annual appreciation rate is lower than 80% of the other cities and towns in Connecticut.
$552,587
for Connecticut
for nation
6,584
$3,176 / per month