Is Rockland, MA 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, 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
$475,000
$318/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Rockland have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Rockland was $475,000 in March 2024, up 3.3% from last year, and the median price per square foot was $318.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $218.7K | $235K | +7.4% |
| 2 Bedrooms | $412.5K | $415K | +0.6% |
| 3 Bedrooms | $467.5K | $500K | +7.0% |
| 4 Bedrooms | $581K | $550K | -5.3% |
| 5+ Bedrooms | $610K | $630K | +3.3% |
Summary: Rockland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Cities
| South Weymouth | $522.5K | $585K | +12.0% |
| Weymouth Town | $519.8K | $560K | +7.7% |
| Hanover | $700K | $753K | +7.6% |
| Abington | $500K | $527.7K | +5.5% |
| Rockland | $460K | $475K | +3.3% |
Housing Supply in Rockland, MA
How many homes are available in Rockland, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The Rockland real estate market had 30 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 9 | 13 | +44.4% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Rockland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockland, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Rockland in March 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 17 Days | -37.8% |
Summary: Homes in Rockland had an average of 17 days on market in Mar 2024, down by 37.8% compared to last year.
Breakdown of Home Sale Times
6 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 March 2024, 7 homes were sold in Rockland; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
