Median price for residential in as of May, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
55 Brookfield, IL, USA apartments for sale
Brookfield
According to statistics, the population in Brookfield, IL amounts to 18,937, which shows decline 0% compared to the previous year. The median age of the city’s residents is 40. The average household income is $78,481, shifting growth 4% from the past year, and the average property value in Brookfield, IL growth 3% to $233,900 throughout the year.
| Population | 18,937 |
| Median Age | 39.5 |
| Poverty Rate | 8% |
| Household Income | $78,481 |
| Number Of Employees | 9,719 |
| Median Property Value | $233,900 |
Household Income
The average household income in Brookfield, IL grew from $75,336 to $78,481 in the past year. This data is an estimate based upon 6,925 households in Brookfield, IL . The chart below presents how household income is distributed in Brookfield, IL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Brookfield, IL shifted from $227,400 to $233,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Brookfield, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Brookfield, IL properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Brookfield, IL compared to median property taxes around the country. The prevalent amount of property taxes in Brookfield, IL equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Brookfield, IL, USA
Average sale in Brookfield: $328,095 (-8%)
| Apartment Size | May | vs Last Month |
|---|---|---|
| 1 bed for sale | $120,475 | +7.1% |
| 2 bed for sale | $259,175 | +18.6% |
| 3 bed for sale | $366,770 | +3% |
| 4+ bed for sale | $399,519 | -15.5% |
During May 2022, the average price for an apartment in/near Brookfield, IL decreased by 8% to $328,095.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $120,475 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $259,175. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $366,770. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $399,519 for a big-family home.
| Listing Type | May | vs Last Month |
|---|---|---|
| Lofts for sale | $354,900 | +14.5% |
| Houses for sale | $341,139 | -13.1% |
| Condos for sale | $247,460 | +34.2% |
| Apartments for sale | $225,000 | N/A |
| Duplexes for sale | $219,900 | N/A |
| Land for sale | $184,950 | N/A |
While assessing the property pricing Brookfield, IL, you can note that it remains flat with a price tag of $225,000. According to statistics, average house is still $341,139 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $247,460. An average value of duplex is $219,900, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $354,900.
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