Is Rockland, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rockland has remained a Seller's Market.
Key Takeaway
Rockland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rockland, MA
How much do homes in Rockland, MA cost?
Median Sold Price
$478,075
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Rockland have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Rockland was $478,075 in April 2024, up 2.8% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $237.5K | +10.5% |
| 2 Bedrooms | $417K | $420K | +0.7% |
| 3 Bedrooms | $472.2K | $500K | +5.9% |
| 4 Bedrooms | $579K | $552.5K | -4.6% |
| 5+ Bedrooms | $610K | $675K | +10.7% |
Summary: Rockland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 10.7%.
Median Sold Price Compared To Nearby Cities
| South Weymouth | $528.3K | $582.5K | +10.3% |
| Abington | $487.5K | $527.7K | +8.3% |
| Weymouth Town | $519.8K | $560.7K | +7.9% |
| Hanover | $705.5K | $755K | +7.0% |
| Rockland | $465K | $478K | +2.8% |
Housing Supply in Rockland, MA
How many homes are available in Rockland, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 45 | +40.6% |
Summary: The Rockland real estate market had 45 homes for sale in April 2024, a 40.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 14 | 20 | +42.9% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Rockland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockland, you could pay more than the asking price. 91.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Rockland in April 2024, up by 71.4% month-over-month. Of the 12 sold homes, 8% were sold under asking, 0% were sold at asking, and 92% were sold over asking.
Days on Market for Rockland, MA
How long does it take to sell a home in Rockland, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 16 Days | -52.1% |
Summary: Homes in Rockland had an average of 16 days on market in Apr 2024, down by 52.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rockland are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Rockland; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
