Is Vernon Rockville, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Vernon Rockville has remained a Seller's Market.
Housing Prices in Vernon Rockville, CT
How much do homes in Vernon Rockville, CT cost?
Median Sold Price
$279,950
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Vernon Rockville was $279,950 in May 2024, up 7.7% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | $125K | +31.6% |
2 Bedrooms | $165K | $200K | +21.2% |
3 Bedrooms | $267.5K | $300K | +12.1% |
4 Bedrooms | $320K | $351.1K | +9.7% |
5+ Bedrooms | $320K | $327K | +2.2% |
Summary: Vernon Rockville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.6%, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
South Windsor | $335K | $388K | +15.8% |
Manchester | $265K | $295.2K | +11.4% |
Bolton | $355.5K | $389.9K | +9.7% |
Vernon Rockville | $260K | $279.9K | +7.7% |
Vernon | $260K | $279.9K | +7.7% |
Housing Supply in Vernon Rockville, CT
How many homes are available in Vernon Rockville, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
69 | 77 | +11.6% |
Summary: The Vernon Rockville real estate market had 77 homes for sale in May 2024, a 11.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 2 | -60.0% |
2 Bedrooms | 18 | 20 | +11.1% |
3 Bedrooms | 28 | 34 | +21.4% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Vernon Rockville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 26 | +13.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Vernon Rockville in May 2024, up by 13.0% month-over-month. Of the 26 sold homes, 8% were sold under asking, 0% were sold at asking, and 92% were sold over asking.
Days on Market for Vernon Rockville, CT
We’re sorry, we don't have information for this market at the moment