Is Rockledge, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Rockledge has remained a Seller's Market.
Housing Prices in Rockledge, FL
How much do homes in Rockledge, FL cost?
Median Sold Price
$368,093
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Rockledge was $368,093 in March 2024, down 1.1% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $170K | +61.9% |
2 Bedrooms | $230K | $230K | 0.0% |
3 Bedrooms | $346.3K | $356.6K | +3.0% |
4 Bedrooms | $454.8K | $398.3K | -12.4% |
5+ Bedrooms | $619K | $428.3K | -30.8% |
Summary: Rockledge housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 30.8%.
Median Sold Price Compared To Nearby Cities
Merritt Island | $461.9K | $469.3K | +1.6% |
Cocoa-Rockledge | $347.8K | $349.9K | +0.6% |
Rockledge | $372.2K | $368K | -1.1% |
Cocoa | $314.9K | $305K | -3.2% |
Housing Supply in Rockledge, FL
How many homes are available in Rockledge, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
272 | 268 | -1.5% |
Summary: The Rockledge real estate market had 268 homes for sale in March 2024, a 1.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 27 | 29 | +7.4% |
3 Bedrooms | 123 | 124 | +0.8% |
4 Bedrooms | 99 | 93 | -6.1% |
5+ Bedrooms | 21 | 22 | +4.8% |
Summary: The Rockledge housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 50 | -23.1% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Rockledge in March 2024, down by 23.1% month-over-month. Of the 50 sold homes, 66% were sold under asking, 22% were sold at asking, and 12% were sold over asking.
Days on Market for Rockledge, FL
How long does it take to sell a home in Rockledge, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 47 Days | +8.4% |
Summary: Homes in Rockledge had an average of 47 days on market in Mar 2024, up by 8.4% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 50 homes were sold in Rockledge; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.