Explore Brookland, AR - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
Brookland's real estate market is experiencing a price correction, with values down 7.8% from last year. Home prices have increased 20.0% in the past month alone. With 7.7 months of supply, Brookland's inventory levels remain relatively tight. Transaction volume is up 50% compared to what's typically expected this time of year. A significant 41.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 16.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Brookland market with the affordability index at 359.1. Based on current market indicators, home prices in Brookland are projected to decrease by approximately 15.2% over the next month.
Demographics market for - Brookland, AR
Total Population -
3,505
White Population
99.26%
Black Population
0.00%
Crime for - Brookland, AR
Real Estate Market Prediction for - Brookland, AR
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