Brookings, OR Housing Market
AI-powered market intelligence for the Brookings, OR metro area.
PropertyIQ Scores
Brookings, OR Market Analysis
Market Overview
Brookings, OR is a weak housing market according to its PropertyIQ Score of 6/100. The top score drivers illustrate why: 12-month home value momentum is 2.53%, but 3-month home value momentum is -0.56%, median days on market is 95 days, and 23.6% of listings have a price cut. Compared with state averages, the median home value in Brookings is $457,551, about $44,600 below the state median of $502,156. Yet the rent index is $2,000, which is $550 above the state average of $1,450, suggesting rental costs are relatively high even as for-sale prices are lower than the statewide figure.
The income picture also points to softness. Brookings’ median household income is $64,769, about $15,700 below the state average of $80,426. Its unemployment rate of 5.2% matches the state average, but the lower income level means housing costs consume more of local budgets. With 252 homes for sale and a median days on market of 95, Brookings shows signs of a buyer-friendly market with slower absorption of inventory.
Key Trends
The clearest trend is weakening price momentum. The 12-month home value momentum of 2.53% may look modestly positive, but the 3-month momentum of -0.56% and the year-over-year home value figure of $4 indicate that annual price growth has essentially stalled and recent momentum has turned slightly negative.
A second trend is longer selling times and rising price cuts. At 95 days on market, homes are sitting for more than three months on average. Additionally, 23.6% of listings have experienced a price cut. Together, these metrics suggest sellers are adjusting expectations and buyers have more room to negotiate.
A third trend is an affordability squeeze. The median household income of $64,769 is well below the state average of $80,426, while the median home value of $457,551 remains substantial for local incomes. The rent index of $2,000, $550 above the state average, adds pressure on renters and may motivate some households to consider buying, but it also reflects elevated housing costs across the market.
A fourth trend is inventory accumulation. With 252 homes for sale and 95 median days on market, listings are not clearing quickly. Population growth data is not available, so the demand side cannot be fully measured from the provided figures, but the current sales pace suggests supply is outpacing demand.
Who Is This Market For
This market is best suited to patient buyers and value-conscious purchasers who can wait for the right property and negotiate on price. The median home value of $457,551 is below the state median of $502,156, which may attract buyers looking for a lower purchase price than the state average. However, the median household income of $64,769 means many local buyers may still find monthly costs challenging, so first-time buyers should be cautious about affordability.
Investors may be interested in the rent index of $2,000, which is $550 higher than the state average and could support rental income. But the PropertyIQ Score of 6/100, the 95-day median time on market, and the 23.6% share of listings with price cuts signal liquidity and resale risk. Short-term flippers and move-up buyers who need to sell quickly may face challenges in this market, as homes are taking longer to sell and often require price reductions.
Outlook
The outlook for Brookings is cautious. The negative 3-month home value momentum of -0.56% and the roughly flat year-over-year home value figure of $4 suggest limited upward price pressure in the near term. With median days on market at 95 and 23.6% of listings with a price cut, buyers are likely to maintain negotiating power. The rent index of $2,000 may provide some underlying rental demand, but the low PropertyIQ Score of 6/100 and the gap between median household income and housing costs point to continued softness. Population growth data is not available, so longer-term demand trends cannot be assessed from the provided numbers.
AI-generated analysis based on current market data. Last updated August 20, 2026.
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Brookings, OR market data
Brookings, OR Housing Market Overview
Brookings, OR's median home value is $458K, up 2.5% over the past year. Homes here sell in a median 95 days. Its PropertyIQ Score of 6 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
Whether you're considering buying a home, investing in rental property, or weighing entry timing in the Brookings, OR area, the PropertyIQ Score gives you a single, data-first read on relative market strength. It is validated against actual market outcomes from 2001 to 2023, with a positive score-to-return relationship in every validated year across OR and every other US state.
Pacific Coast housing markets feature the nation's highest price points alongside strong wage growth from technology, entertainment, and trade sectors. Supply constraints from geographic barriers and regulatory environments create persistent affordability challenges but also strong long-term appreciation potential. Within the Pacific, Brookings, OR's PropertyIQ Score of 6 runs below the Pacific norm.
The PropertyIQ Score for the Brookings, OR market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag. Momentum here has been positive, with home values up 2.5% over the past year.
Explore the interactive map to see how Brookings, OR compares to neighboring metros, or view the full market dashboard for detailed analytics including time-series trends, score breakdowns, and AI-generated market reports.
Counties in the Brookings, OR metro area
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Brookings, OR a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Brookings, OR currently scores 6, a very weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $458K, up 2.5% over the past year. So whether Brookings, OR is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Brookings, OR?
Brookings, OR's PropertyIQ Score is 6, indicating very weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 6 places Brookings, OR below its state benchmark.
Are home prices in Brookings, OR rising or falling?
Home prices in Brookings, OR are rising. Over the past year, the median home value increased 2.5%, reaching $458K. Over the latest three months, values slipped 0.6%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Brookings, OR's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Brookings, OR?
In Brookings, OR, homes sell in a median of 95 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 24% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Brookings, OR market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.