Is Rock Hill, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Hill is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Rock Hill was a Seller's Market.

Key Takeaway

Rock Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rock Hill, NY

How much do homes in Rock Hill, NY cost?

Median Sold Price

$376,500

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$49,000(+15.0%)

Key Takeaway

Homes in Rock Hill have sold for 15% more than they did a year ago.

Summary: The median home sold price in Rock Hill was $376,500 in April 2024, up 15% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $240K$261K
+8.8%
3 $318K$325K
+2.2%
4 $390K$445K
+14.1%
5+ $557.5K$425K
-23.8%

Summary: Rock Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes decreased by 23.8%.

Median Sold Price Compared To Nearby Cities

Fallsburg
+19.9%
Rock Hill
+15.0%
Thompson
+8.8%
Mountain Dale
-1.1%

Housing Supply in Rock Hill, NY

How many homes are available in Rock Hill, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
23230.0%

Summary: The Rock Hill real estate market had 23 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 96
-33.3%
4 1114
+27.3%
5+ 22
0.0%

Summary: The Rock Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rock Hill, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Rock Hill in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Rock Hill, NY

How long does it take to sell a home in Rock Hill, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
105 Days62 Days-41.2%

Summary: Homes in Rock Hill had an average of 62 days on market in Apr 2024, down by 41.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rock Hill are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Rock Hill; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Rock Hill, NY

Nearby Markets to Rock Hill, NY

What housing markets are near Rock Hill, NY?