Brookville, NY Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Brookville, NY Housing Market Trends

With a population of 2,939, 875 total housing units (homes and apartments), and a median house value of $2,279,020, Brookville house prices are not only among the most expensive in New York, Brookville real estate also is some of the most expensive in all of America.

Brookville is a village of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Brookville than is found in 98% of the communities in America.

Not only is Brookville's real estate primarily composed of large, four, five or more bedroom residences ( 82.32%), but it has a blend of both renters and owners ( 35.15% renters; 64.85% owner occupied).

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Brookville's housing was primarily built during this period, from the '40s through the '60s. A full 49.41% of the village's housing hails from this era. Other housing ages represented in Brookville include homes built between 1970-1999 ( 24.81%) and housing constructed before 1939 ( 18.53%). There's also some housing in Brookville built between 2000 and later ( 7.24%).

Brookville Home Appreciation Rates

Appreciation rates for homes in Brookville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 66.73%, which ranks in the top 40% nationwide. This equates to an annual average Brookville house appreciation rate of 5.25%.

Over the last year, Brookville appreciation rates have trailed the rest of the nation. In the last twelve months, Brookville's appreciation rate has been 14.63%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Brookville were at 5.55%, which equates to an annual appreciation rate of 24.13%.

Notably, Brookville's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Brookville's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$2,279,020

Brookville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2021 Q3 - 2021 Q4
Last 12 Months:
2020 Q4 - 2021 Q4
Last 2 Years:
2019 Q4 - 2021 Q4
Last 5 Years:
2016 Q4 - 2021 Q4
Last 10 Years:
2011 Q4 - 2021 Q4
Since 2000:
2000 Q1 - 2021 Q4
149.51% 4.24%
8
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,919 / per month

Homeownership Rate

Owners
64.8%
64.8%
Renters
35.2%
35.2%
Vacant
6.8%
6.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
7.2%
7.2%
1970 - 1999
24.8%
24.8%
1940 - 1969
49.4%
49.4%
1939 or Older
18.5%
18.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
94.0%
94.0%
Townhomes
0.4%
0.4%
Small Apt. Buildings
4.5%
4.5%
Apt. Complexes
1.1%
1.1%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
1.2%
1.2%
2 Bedrooms
6.3%
6.3%
3 Bedrooms
10.2%
10.2%
4 Bedrooms
31.6%
31.6%
5 or more bedrooms
50.7%
50.7%
0.0% 100.0%
% OF HOMES