Is Rockport, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockport is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Rockport has remained a Seller's Market.

Key Takeaway

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

How much do homes in Rockport, MA cost?

Median Sold Price

$688,750

$448/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

-$31,250(-4.3%)

Key Takeaway

Homes in Rockport have sold for 4.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $380K$429K
+12.9%
2 $594.5K$506.5K
-14.8%
3 $800K$680K
-15.0%
4 $849K$1.0M
+26.5%
5+ $1.1M$1.6M
+39.1%

Median Sold Price Compared To Nearby Cities

Gloucester
+18.4%
Rockport
-4.3%

How many homes are available in Rockport, MA?

Number of Homes For Sale

Aug 2022Sep 2022%
3330-9.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 10
-100.0%
2 105
-50.0%
3 109
-10.0%
4 610
+66.7%
5+ 66
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
106-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockport, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
31 Days33 Days+5.0%

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 Rockport 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 Rockport, MA

Number of homes for sale in Rockport, MA real estate market have reached 30. The number of homes for sale in Rockport, MA decreased by 9.1% between August 2022 and September 2022. While the average time on the market in September 2022 was 33 days, the median list price was $688,750. This housing market listing prices have changed between August 2022 and September 2022: the cost of 1 bedroom properties went up by 12.9%, prices of 2 bedrooms properties decreased by 14.8%, prices of 3 bedrooms properties went down by 15%, prices of 4 bedrooms properties increased by 26.5%, prices of 5 bedrooms properties went up by 39.1%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory decreased by 100%, 2 bedrooms homes inventory decreased by 50%, the quantity of 3 bedrooms homes went down by 10%, volume of 4 bedrooms homes went up by 66.7%, number of 5 bedrooms homes remained the same. In September 2022 more than 3 listings in Rockport, MA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below.

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