Is Rock Hall, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Hall is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Rock Hall was a Seller's Market.

Key Takeaway

Rock Hall 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 Rock Hall, MD cost?

Median Sold Price

$172,500

$108/sqft

Based on all homes sold in January 2023.

Difference Since Last Month

-$148,125(-46.2%)

Key Takeaway

Homes in Rock Hall have sold for 46.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSDec 2022Jan 2023%
1 --
N/A
2 $525K-
N/A
3 $320.6K$172.5K
-46.2%
4 $253.5K-
N/A
5+ --
N/A

How many homes are available in Rock Hall, MD?

Number of Homes For Sale

Dec 2022Jan 2023%
1312-7.7%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 10
-100.0%
3 77
0.0%
4 55
0.0%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Dec 2022Jan 2023%
17 Days6 Days-61.8%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rock Hall 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 Rock Hall, MD

There are 12 homes are for sale in Rock Hall, MD real estate market. The number of listings in Rock Hall, MD decreased by 7.7% between December 2022 and January 2023. While the average time on the market in January 2023 was 6 days, the median list price was $172,500. Real estate listing prices changed between January 2022 and January 2023: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 0%, prices of 3 bedrooms properties went down by 46.2%, prices of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties increased by 0%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 100%, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory did not change. In January 2023 more than 0 listings in Rock Hall, MD were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below.