Is Rockville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Rockville was a Seller's Market.
Housing Prices in Rockville, VA
How much do homes in Rockville, VA cost?
Median Sold Price
$638,250
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rockville was $638,250 in April 2024, up 24.5% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $345K | N/A |
2 Bedrooms | $281K | $1.1M | +309.3% |
3 Bedrooms | $471.2K | $638.2K | +35.4% |
4 Bedrooms | $630K | $502K | -20.3% |
5+ Bedrooms | $907.7K | $851.2K | -6.2% |
Summary: Rockville 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 309.3%, 3 bedroom homes increased by 35.4%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes decreased by 6.2%.
Median Sold Price Compared To Nearby Cities
Rockville | $512.5K | $638.2K | +24.5% |
Montpelier | $418K | $480K | +14.8% |
South Anna | $440K | $503.8K | +14.5% |
Manakin Sabot | $709.7K | $785.5K | +10.7% |
Housing Supply in Rockville, VA
How many homes are available in Rockville, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 20 | +42.9% |
Summary: The Rockville real estate market had 20 homes for sale in April 2024, a 42.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 13 | +85.7% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Rockville 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 increased by 85.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Rockville in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Rockville, VA
How long does it take to sell a home in Rockville, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 3 Days | -72.7% |
Summary: Homes in Rockville had an average of 3 days on market in Apr 2024, down by 72.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Rockville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.