Is Rockville, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockville is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Rockville was a Buyer's Market.

Key Takeaway

Rockville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rockville, IN

How much do homes in Rockville, IN cost?

Median Sold Price

$167,500

$89/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$37,500(+28.8%)

Key Takeaway

Homes in Rockville have sold for 28.8% more than they did a year ago.

Summary: The median home sold price in Rockville was $167,500 in April 2024, up 28.8% from last year, and the median price per square foot was $89.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$80.2K
N/A
2 $70.2K$132.7K
+89.0%
3 $157K$188.9K
+20.3%
4 $182K$226.2K
+24.3%
5+ $78.2K$387.5K
+395.2%

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 89%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 395.2%.

Median Sold Price Compared To Nearby Cities

Rockville
+28.8%
Adams Township
-6.5%

Housing Supply in Rockville, IN

How many homes are available in Rockville, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2926-10.3%

Summary: The Rockville real estate market had 26 homes for sale in April 2024, a 10.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 75
-28.6%
3 129
-25.0%
4 47
+75.0%
5+ 43
-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 decreased by 28.6%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 75%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Rockville in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Rockville, IN

How long does it take to sell a home in Rockville, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
78 Days30 Days-61.8%

Summary: Homes in Rockville had an average of 30 days on market in Apr 2024, down by 61.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 6 homes were sold in Rockville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 5 Days Ago

Newest Listings in Rockville, IN

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