Is Rockledge, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockledge is a neutral's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

Rockledge is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Rockledge, FL cost?

Median Sold Price

$340,100

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$55,100(+19.3%)

Key Takeaway

Homes in Rockledge have sold for 19.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $183K$220K
+20.2%
3 $268.7K$320K
+19.1%
4 $356K$420K
+17.9%
5+ $415.2K$542.5K
+30.6%

Median Sold Price Compared To Nearby Cities

Cocoa-Rockledge
+21.4%
Merritt Island
+20.5%
Cocoa
+19.6%
Rockledge
+19.3%

How many homes are available in Rockledge, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
180172-4.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 1413
-7.1%
3 116111
-4.3%
4 4343
0.0%
5+ 75
-28.6%

Number of Homes Sold

Oct 2022Nov 2022%
3728-24.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockledge, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
1 Days30 Days+1700.0%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Rockledge, FL

Rockledge, FL has 172 homes on the market. The inventory of homes for sale in Rockledge, FL between October 2022 and November 2022 decreased by 4.4%. In November 2022 median list price was $340,100 and the average listing age was 30 days. Listing prices have changed in this real estate market between October 2022 and November 2022: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 20.2%, 3 bedrooms properties prices increased by 19.1%, prices of 4 bedrooms properties went up by 17.9%, prices of 5 bedrooms properties increased by 30.6%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 7.1% less available, 3 bedrooms homes inventory decreased by 4.3%, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes went down by 28.6%. Over 8 listings were sold over their listed price in November 2022 in Rockledge, FL. In the same period over 14 listings were sold below the listed price and 6 listings were sold for the listed price.

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